St.Cousair, the Japanese food manufacturer, has acquired the brand business and selected production equipment of Blake Hill Preserves through its US subsidiary for an undisclosed sum. Mascoma Bank sold the brand assets to Oregon-based St.Cousair, Inc., whilst Blake Hill Preserves’ manufacturing facility and retail store are set to be sold separately to an unnamed third party. Founded in 2010 by Vicky Allard and Joe Hanglin, the Vermont-based preserve maker specialises …
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Wipro Consumer Care & Lighting, the Indian consumer goods company, has acquired a 60% stake in science-backed skincare brand Dermatouch for an enterprise value of 387.5 crore INR ($46 million). The remaining 40% will be acquired over the next three years, with the residual transaction linked to Dermatouch’s performance. Founders Anish Nagpal and Amit Purswani, along with their management team, will continue to run the business. The acquisition marks Wipro …
Precept Wine & Spirits, the US-based wine and spirits producer, has acquired the wine brand portfolio of California producer Miller Family Wine Company. The transaction includes brand trademarks, finished goods inventory, bulk wine and private label business. The acquisition adds several Californian labels to the Precept umbrella, including Butternut, the portfolio’s largest-volume brand, Hand on Heart, Ballard Lane and J. Wilkes. Andrew Browne, CEO of Precept Wine & Spirits, commented: …
Cawston Press, the UK soft drinks producer, has acquired full ownership of LA Brewery, a premium kombucha manufacturer, to expand its non-alcoholic beverage portfolio. The deal follows an initial investment made earlier this year, giving Cawston Press complete control of all shares. Founded in 2017 by Louise Avery, LA Brewery crafts sparkling fermented Sencha tea beverages positioned as non-alcoholic alternatives to wine. Distributed through retailers including Ocado and Amazon, the …
Sazerac, the US-based spirits company, has signed a binding agreement to acquire UK vodka and ready-to-drink (RTD) brand Au Vodka. The transaction remains subject to standard completion conditions and is expected to close within the coming weeks. Financial terms of the deal have not been disclosed. Commenting on the deal. a Sazerac spokesperson stated: “Sazerac works continuously to grow its business by investing in brands and building out its portfolio …
Saputo, the Canada-based dairy processor, has entered into a definitive agreement to sell its Dairy Division (UK) to Lactalis for an enterprise value of approximately £988 million ($1.28 billion). The transaction includes five manufacturing facilities and local brands, including Cathedral City, Wensleydale, Davidstow, Clover and Country Life. Over the last four quarters, the UK unit generated approximately $1.2 billion of revenues, representing around 7% of consolidated revenues. Closing of the …
Ferrero , the Italian sweet-packaged foods company, has signed an agreement to acquire Boulder (CO)-based wellness and better-for-you food business Purely Elizabeth. Founded in 2009, Purely Elizabeth produces a portfolio of granola, oatmeal, cereals and protein products. The company has reportedly more than doubled its sales over the past two years. Following the transaction, Purely Elizabeth will continue to operate as a standalone brand within the Ferrero group, with founder and …
Allana Consumer Products Ltd (ACPL), the Indian processed food and agri-commodities manufacturer, is strengthening its domestic frozen food business to address rising demand across households and the hotels, restaurants and cafes (HoReCa) segment. According to a report in The Hindu, the company is building a portfolio that includes frozen French fries, green peas, cut vegetables, fruit pulp and other individually quick frozen items, alongside potential ready-to-eat and ready-to-cook snacks. The …
VAFO Group, the Czech-founded European pet food company, has acquired Pets Deli, a German direct-to-consumer (D2C) pet food brand. The transaction expands VAFO Group’s presence in Germany and adds a digital platform offering wet food, dry food, raw feeding, snacks and supplements for dogs and cats. Pets Deli will continue to operate under its own brand, with future plans focusing on accelerating D2C growth, expanding the product portfolio and using …
Piwowarska, the Polish brewing company owned by Asahi Europe & International, has completed the construction of an automated high-bay warehouse at its brewery in Poznan. The project, valued at 200 million PLN ($51 million), represents the largest logistics investment in the history of the business. Officially set to open in September, the facility occupies a total footprint of 12,000 sq m. The warehouse component spans 7,000 sq m with a …
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