USA: Royal Cup acquires Richgood Gourmet
Royal Cup, an importer and roaster of specialty coffees and teas, has announced the acquisition of Richgood Gourmet, a manufacturer of cold-brew coffee and owner of the Icebox Coffee brand. The founder of Icebox Coffee, Bebe Goodrich, will remain in the company as director of liquid product innovation, leading new product development. Royal Cup’s CEO Bill […]
Beer finds inspiration in desserts
The latest innovation insight from Gama Compass MANCHESTER – 21st August 2017: Craft beer continues to get creative, using bold new flavours, innovative ingredients and tongue-in-cheek branding to tempt millennial drinkers. This month’s Innovation Insight looks at the latest brand looking to leave its mark in the flavoured craft segment – Not Your Mom’s Artisanal Brews. Newly released […]
USA: Gallo Winery acquires Germain-Robin
Gallo Winery, a wine, spirits and FAB producer, has announced the acquisition of Germain-Robin, a luxury brandy from California, USA. The deal includes the Germain-Robin brand, inventory of aged and aging brandies and all finished products. Founded by Ansley Coale and Hubert Germain-Robin, Germain-Robin is claimed to have innovated by blending cognac traditions and techniques with California […]
USA: Mars to acquire majority stake in Preferred Brands
Mars, the global food giant, has announced that it has signed a definitive agreement to acquire Preferred Brands, which makes ready-to-heat Indian and Asian foods primarily marketed under the Tasty Bite brand. The Tasty Bite portfolio includes a wide range of vegetarian offerings, including ready meals, meal kits, and organic rice and lentils. While the majority […]
USA: Smithfield Foods purchases Kansas City Sausage Company
Smithfield Foods, the leading US pork producer, has announced that it has reached a deal to acquire Kansas City Sausage Company, a contract manufacturer of sausages for private label clients. The move follows a 50:50 joint venture signed between the two companies in 2013. Kansas City Sausage Company has operations in Des Moines, IA and Kansas […]
Russia: AB InBev merges operations with Anadolu Efes
Global beer giant AB InBev has announced that it is merging operations in Russia and Ukraine with Turkish brewer Anadolu Efes. Reuters reports that the two companies are seeking to strengthen their position in a declining beer market, with sales having dipped following increasing regulation and taxes imposed by the Russian government. The announcement of […]
India: Ajinomoto enters powdered drinks market
International seasoning and food firm Ajinomoto has revealed plans to enter India’s instant drinks market with the launch of powdered tea and coffee products. Under the plans, the company will begin selling its Blendy brand outside Japan for the first time after acquiring the trademark rights for Blendy in November 2016. The launch will be […]
USA: TreeHouse Foods to downsize operations
TreeHouse Foods, a maker of private label food and beverages, has revealed plans to downsize its operations by closing facilities in Brooklyn Park, MN and Plymouth, IN, as well as by removing non-peanut packaging operations from its plant at Dothan, AL. The move is set to affect about 375 workers. Own Brands Now reports that […]
Italy: Ferrarelle acquires Amedei
Italian mineral water company Ferrarelle has acquired a 99% stake in Amedei, an artisan chocolate maker. According to sources, the acquisition includes the shares that were bought by the Octupus Europe Limited fund in 2015. Amedei founder Cecilia Tessieri will retain a 1% stake in the business “in order to ensure continuity in the quality […]
India: Britannia to build new plant
Consumer goods manufacturer Britannia has announced plans to build a new plant in Ranjangaon, Maharashtra. Representing an investment of 1,000 crore INR ($156 million), the plant will be Britannia’s largest and will initially produce biscuits, cakes and croissants, according to Franchise India. Operations will start in phases, the first including six production lines of biscuits and […]