USA: Izzio Artisan Bakery expands production with second Colorado facility
Izzio Artisan Bakery, the US-based wholesale bread producer, has opened a new 150,000 sq ft manufacturing facility in Thornton (CO) to meet rising national demand for sourdough products. The expansion increases the company’s total production footprint to more than 250,000 sq ft across two plants, including its existing site in Louisville. The Thornton facility is nut-free and […]
Brazil: JBS to divest from Jack Link’s joint venture
JBS, the world’s largest meat processing company, is set to exit its long-standing meat snacks partnership with US-based manufacturer Jack Link’s. The Brazilian giant has filed a formal petition with the Administrative Council for Economic Defense (CADE), Brazil’s competition authority, to approve the sale of its 50% stake in Meat Snack Partners. Under the terms […]
USA: Tropical Cheese acquires Cibao Meat Products to expand refrigerated portfolio
Tropical Cheese, the US-based producer of Hispanic dairy products, has acquired Cibao Meat Products, a manufacturer of Hispanic-style meats, for an undisclosed sum. Based in Perth Amboy (NJ), Tropical Cheese plans to integrate the business as a new division to provide a more comprehensive portfolio of branded Hispanic refrigerated food products across the US East Coast. […]
UK: GHF acquires Fielden Whisky
GHF, the London-based premium drinks brand development agency, has announced the acquisition of UK whisky brand Fielden for an undisclosed sum. The deal marks the first outright brand acquisition for GHF, which specialises in scaling high-quality drinks brands through strategy and sales execution. Fielden, formerly known as The Oxford Artisan Distillery until a 2024 rebrand […]
Australia: Reliance Consumer Products to acquire majority stake in Nexba
Reliance Consumer Products Limited (RCPL), the FMCG arm of the Indian conglomerate Reliance Industries, has reached an agreement to acquire a controlling 75% stake in Goodness Group Global, the Australian parent company of functional drinks brand Nexba. The deal is valued at approximately A$25.4 million ($16.6 million), according to documents shared with the company’s crowdfunding […]
USA: USK Capital acquires majority stake in Go Raw
USK Capital, the family office of Indian billionaire banker Uday Kotak, has acquired a majority stake in Go Raw, a US-based manufacturer of seed-centric snacks. The transaction, executed through an overseas entity, marks USK Capital’s first international investment and its debut in the consumer goods sector. The stake was acquired from Juggernaut Capital Partners, a […]
USA: Impossible Foods partners with Equii to boost protein content
Impossible Foods, the California-headquartered plant-based meat producer, has entered into a licensing agreement with bread and pasta specialist Equii to bolster its presence in the high-protein food sector. The partnership will allow Impossible Foods to pair its meat alternatives with Equii’s portfolio of protein-enriched products, which includes bread, pasta and baking mixes. The collaboration aims […]
Mexico: Grupo Bimbo strengthens African footprint with Joy Food deal
Grupo Bimbo, the Mexico-headquartered bakery conglomerate, has agreed to acquire Joy Food International, a Moroccan producer of packaged industrial bread, through its Spanish subsidiary Bakery Iberian Investments SL. The transaction involves the purchase of 100% of the share capital and voting rights of the Casablanca-based firm. Founded in 2009, Joy Food International operates a production […]
France: Idak Food Group acquires bakery firm Onore
Idak Food Group, the Swiss premium frozen food firm, has reached an agreement to acquire a majority stake in Onore, the France-based frozen bakery and patisserie specialist. Headquartered in Toulouse, Onore (formerly known as Boncolac) specialises in artisanal frozen desserts, macaroons and savoury snacks. The group operates five production plants in France and two in […]
Italy: Fondo Italiano d’Investimento acquires majority stake in Alimenta Produzioni
Fondo Italiano d’Investimento SGR, the Italian private equity firm, has acquired a majority stake in Alimenta Produzioni, a manufacturer of traditional Italian baked goods and flatbreads. Headquartered in Riccione, Alimenta Produzioni specialises in piadina romagnola and pinsa, a regional flatbread segment that now accounts for 30% of its turnover. The company, which operates three production […]