Australia: Patties Foods receives takeover bid from Pacific Equity Partners
Investment firm Pacific Equity Partners has offered A$232million ($165 million) for 100% of the shares in Patties Foods, according to reports in AFN and ABC. Australia-based Patties Foods is the owner of a number of brands in the bakery industry, including Four ‘n’ Twenty Pies, Herbert Adams Pies, Snowy River, Pies Chefs, Patties and Nanna’s. […]
UK: Coca-Cola acquires AdeS soy beverage business from Unilever
Unilever has announced the sale of its AdeS soy beverage business in Latin America to Coca-Cola FEMSA and The Coca Cola Company for $575 million. Commenting on the deal, Unilever EVP Miguel Kozuszok said: “This sale is a step in reshaping our portfolio in Latin America to deliver sustainable growth for Unilever and enables us to sharpen […]
USA: Milestone Brands acquires American Born Moonshine
Spirits company Milestone Brands has announced the acquisition of the American Born Moonshine brand from Tennessee-based Windy Hill Spirits. Patrick Dillingham and Sean Koffel founded Windy Hill Spirits in 2013 with the vision to create a moonshine honouring both the tradition and rebel spirit of American moonshiners and bootleggers, according to a coimpany statement., American […]
Seaweed the star as bakery goes functional
The latest innovation insight from Gama Compass™ MANCHESTER – 6th June 2016: This week, Gama turns the spotlight on the functional benefits of seaweed, with a look at the recently-launched Dulcesol Innova range of bakery foods and their unusual chlorella-enhanced, health-promoting formulations. Newly released as a reworking of the firm’s traditional lineup of biscuits, crackers, cakes and other […]
Australia: Munchkin grass-fed formula launched
US-based infant and toddler products firm Munchkin has launched its first formula, claimed to be made from milk produced only by 100% grass-fed cows, for the Australian market. The launch comes after the California-based firm struck a deal with New Zealand dairy producer Synlait to launch grass-fed formula milk in Australia and China. According to a report […]
Helen Warren-Piper, Marketing Director
Premier Foods
Gama spoke to Helen Warren-Piper, Marketing Director, Premier Foods. What key trends do you expect to shape food innovation in 2016? Health, convenience, indulgence and real food are all still key trends that have a major impact on the FMCG market. Other factors influencing food innovation are of course the sugar debate, reduced salt and […]
UK: Premier Foods acquires entirety of Knighton Foods
UK food manufacturer Premier Foods has acquired the remaining 51% of its Knighton Foods joint venture for a nominal sum, according to a report in Insider Media. The joint venture with dry food processor Specialty Foods, was established in 2014 following the transfer of approximately £16 million of private label and business-to-business sales of powdered […]
USA: Arca Continental to distribute Coca-Cola in southwest
US soft drinks giant Coca-Cola has reached an agreement with Arca Continental for the Mexican bottler to join its distribution system in the USA. Announcing the move in a statement, the company said it would contribute its Southwest operating unit in order to hold a 20% stake in a new joint venture called AC Beverages, […]
Portugal: Montiqueijo launches fresh cheese bar
Portuguese cheese producer Montiqueijo has launched a “unique” fresh cheese product that comes in a bar format. Described as being produced with cow’s milk and using a traditional recipe, the new cheese is promoted as handmade and as featuring indentations in the surface that show where individual slices can be cut. Commenting on the launch, […]
Portugal: Bel Portugal launches “pasture milk”
Bel Portugal, the Portuguese arm of the French dairy firm Groupe Bel, has announced an investment of €5 million ($5.5 million) in a new production line for its plant of Ribeira Grande in the Azores and the launch of a ‘pasture milk’ under the Terra Nostra brand. Terra Nostra Pasture Milk is the first result […]