USA: UTZ completes Golden Enterprises acquisition
UTZ , the US’s largest privately held snack food company, has announced that it has completed the acquisition of rival snack firm Golden Enterprises. Golden Enterprises produces and markets snack products such as crips, tortilla chips, corn chips, fried pork skins, baked and fried cheese curls, onion rings, and puff corn snacks in the US, operating two manufacturing facilities […]
Brazil: Bimbo launches bread with cacao
As part of its Nutrella Supreme branded line of nutritionally-enhanced breads, bakery giant Bimbo has unveiled a new sliced loaf named Cereals & Cacau in Brazil, according to an article in Giro News. Nutrella Supreme Wholegrain Bread with Cereals & Cacau is promoted as high in fibre and is said to combine sweet and savoury […]
Canada: Jusu Bar acquires Cru Juice
Canadian fruit juice company Jusu Juice Bar has announced the acquisition of Alberta-based Cru Juice. Cru Juice focuses on cold-pressed juice that combines raw ingredients with ‘superfoods’ including chia and chlorella. Blends include green apple, cucumber, celery, green kale, parsley, lemon and ginger with chlorella, and almonds, cashews, hemp seeds, medjool dates, maple syrup, vanilla […]
France: Pernod Ricard sells Fris brand to Sazerac
Pernod Ricard, the global wine and spirits giant, has announced that it has sold its Fris vodka brand to US spirits firm Sazerac. Describing Fris as a standard vodka selling 250,000 9-litre cases in the USA each year, the French firm said that the divestment was “in line with the Pernod Ricard strategy to focus […]
USA: Coca-Cola and Dunkin’ Brands team up for iced coffee launch
Soft drinks giant Coca-Cola and coffee and doughnut chain Dunkin’ Brands are set to team up to launch a Dunkin’ Donuts branded ready to drink coffee early in 2017, according to articles in Food Business News and the Wall St Journal. Under the terms of the deal, Coca-Cola will manufacture, distribute and sell the product, […]
Belgium: AB InBev secures shareholder approval for SABMiller deal
AB InBev’s takeover of SABMiller, worth in the order of $100 billion, is set to be concluded after the deal received approval from shareholders. With the acquisition of SABMiller, AB InBev will hold 46% of global beer profits and 27% of global volume, according to a Wall St Journal report, simultaneously diminishing the company’s dependency […]
Belgium: Lotus Bakeries looking to build factory in the US
Biscuit and cakes manufacturer Lotus Bakeries has announced that it is looking to establish a factory in the USA in order to meet rising demand for its products in the country. Announcing the project in a press release, the Belgian firm said that it was considering Mebane, NC as the location for its new facility, with conversations already […]
USA: Tyson Foods to expand Iowa fresh meats plant
Tyson Foods subsidiary Tyson Fresh Meats is expanding its case-ready beef and pork plant in Council Bluffs, IA, USA with a $27 million investment, according to a report in Food Business News. The move will see 55,000 sq ft of extra space added at the site for new production lines and warehousing and is set […]
Japan: Coca-Cola bottlers agree to merge – reports
Two of Japan’s largest Coca-Cola bottling firms have agreed to merge next year to create a company with combined annual sales of $9.95 billion, according to a Nikkei report. Tokyo-based Coca-Cola East Japan and Fukuoka-based Coca-Cola West bottle and distribute the majority of Coca-Cola’s products in Japan. A combined company would have 90% of domestic market […]
Brazil: Puig acquires minority stake in Granado
Puig, the fashion and fragrance giant, has bought a minority stake in the Brazilian toiletries firm Granado, according to reports in Reuters and Cosmetics Business. The Spanish firm, which is behind the Jean Paul Gaultier and Carolina Herrera brands, is to acquire a 35% stake in Grupo Granado for around R$500 milllion ($155 million), according […]