USA: Nestle to add Chameleon Cold-Brew to its coffee portfolio
The US arm of FMCG multinational Nestle has announced the acquisition of Chameleon Cold-Brew as part of a strategy to diversify its coffee portfolio. Chameleon Cold Brew is described as premium crafted organic coffee, sourced consciously and sustainably grown. The firm offers ready-to-drink cold-brew, cold-brew concentrate, kegs, cold brew kits and whole bean coffee. The […]
USA: Unilever to buy Tazo from Starbucks for $384 million
Anglo-Dutch consumer giant Unilever has announced an agreement to acquire the Tazo tea brand from Starbucks for $384 million. According to a company statement, Tazo had sales of $112.5 million in the past year and enjoys a strong position in specialty black, green and herbal teas, as well as liquid concentrates such as chai latte. […]
Canada: Saputo to acquire cheese maker Montchevre
Canadian dairy company Saputo has signed an agreement to acquire US goat’s cheese manufacturer Montchevre. The announcement comes around a week after the firm announced it had agreed to acquire Australian dairy firm Murray Goulburn in a billion-dollar deal. Monthchevre has a facility in Belmont, Wisconsin, with 320 employees involved in the manufacture, marketing and distribution of goat […]
USA: Hormel to acquire Columbus Manufacturing
US food company Hormel has announced the acquisition of the deli meat and salami maker Columbus Manufacturing for approximately $850 million. This purchase positions Hormel Foods “as a total deli solutions provider” enhancing its portfolio of brands such as Hormel, Jennie-O, Applegate, and Di Lusso, the company said in a statement. Columbus is capitalizing on […]
UK: Tesco introduces ecological household range
UK retailer Tesco has announced the launch of a new range of ecologically-certified household products under the label Tesco Eco Active. According to a press release from the retailer, the launch responds to consumer demand for more environmentally-friendly products, which is at an all-time high in the UK. Tesco’s household goods product developer Sanjeev Kaushal […]
Brazil: Walmart launches Walmart Supermercado
Walmart Brasil, the Brazilian arm of the world-leading grocery retailer, has announced the opening of a new store concept in Brazil called Walmart Supermercado (‘Supermarket’). According to a press release from the retailer, the initiative is part of an investment of R$500 million ($152 million), in which the new concept will be adopted by 120 […]
UK: Pack’d launches frozen protein smoothie kits
UK health food company Pack’d has launched a new range of frozen protein smoothie kits that are claimed to be developed with sport nutritionists. Each portion, which is said to contain up to 20g of protein, is made of a mix of fruit and vegetable and whey protein to be blended with milk, water, almond, […]
Belgium: Kruidvat introduces new store concept
Dutch pharmacy chain Kruidvat, owned by Asian conglomerate AS Watson, has launched a new city store concept in Antwerp, Belgium. According to Retail Detail, the new Kruidvat In De Stad (‘Kruidvat In The City’) concept is designed for city centre locations, offering more shelf space for beauty products, on-the-go snacks and weekly offers, alongside the […]
USA: Supervalu to acquire Associated Grocers of Florida
US retail and wholesale firm Supervalu has reached a merger agreement to acquire food retail distribution company Associated Grocers of Florida, for the sum of $180 million. According to Progressive Grocer, the deal will enable Supervalu to expand to new parts of Florida and leverage Associated Grocers of Florida’s large customer base in South Florida, […]
Australia: Saputo to acquire Murray Goulburn
Saputo, a leading global dairy firm, has announced that it has reached an agreement to acquire its Australian counterpart Murray Goulburn for a purchase price of A$1.31 billion ($1.0 billion) on a debt-free basis, subject to shareholder approval and regulatory clearance. Murray Goulburn produces a full range of dairy products, including milk drinks, milk powder, cheese and […]