USA: Coborn’s to acquire Sullivan’s Foods stores
US retailer Coborn’s has announced it has signed an agreement to acquire Sullivan’s Foods grocery stores and other retail units in Illinois, expanding its operations to a new state. According a report in Progressive Grocer, the deal includes 11 grocery stores, one convenience store and fuel centre, three hardware stores, one central office and a […]
USA: Hershey to acquire two facilities from Weaver Popcorn
US confectionery firm Hershey has announced the acquisition of two manufacturing facilities from Weaver Popcorn Manufacturing, a leader in popcorn production. In a press release, Hershey said the deal includes Weaver Popcorn’s plants in Bethlehem (PA) and Whitestown (IN). Hershey and Weaver Popcorn are already co-manufacturers of the Hershey’s SkinnyPop brand and the acquisition will […]
USA: Sovos Brands to complete the sale of Birch Benders
US-based consumer-packaged food company Sovos Brands has announced that it has completed the divestiture of the pancake & waffle mix brand Birch Benders and related assets to Hometown Food Company. Sovos Brands offers a portfolio of pasta sauces, dry pasta, soups, frozen entrees, frozen pizza and yoghurts, sold under the brand names Rao’s, Michael Angelo’s […]
USA: Silver Bay Seafoods to acquire Orca Bay Foods
Fishermen owned company Silver Bay Seafoods has announced the acquisition of food processing company Orca Bay Foods. Both companies formed a joint venture over the past few years where Silver Bay was the supplier of seafood and Orla Bay was processing, selling, and marketing the products. “Orca Bay is excited to join Silver Bay Seafoods […]
USA: Benson Hill to sell Fresh business to IMG Enterprises
Food tech company Benson Hill has announced the sales of the assets related to its Fresh business in a two-part transaction to IMG Enterprises for a price of US $21 million. The divestiture will enable the company to focus on its ingredients business and meet the growing demand for its soybean product portfolio. “We believe […]
USA: Mars to acquire fruit snack brand Tru Fru
Global leader in confectionery, snacking, food, and pet care products and services Mars, Incorporated, has acquired whole-fruit snack brand Tru Fru. Founded in 2017, Tru Fru is a innovate, better-for-you, high-quality snack made from real fruit, coated in premium chocolate and available in both frozen and shelf-stable. “We are thrilled to welcome one of the […]
USA: Mondelez International to sell gum business to Perfetti Van Melle
Snack and confectionery multinational Mondelez International has announced that has agreed to sell its gum business in the USA, Canada and Europe to Perfetti Van Melle Group for $1.350 billion. The sale is part of the strategy of Mondelez International to accelerate growth and focus portfolio on chocolate, biscuits, and baked snacks categories. The acquisition […]
USA: Barilla Group to acquire bakery brand Back To Nature
Leading Italian food company Barilla Group has announced the acquisition of the bakery brand Back To Nature from B&G Foods. The acquisition of Back To Nature follows the strategy of Barilla to build a strong multi-brand bakery platform in the United States. Founded in 1960, Back To Nature has a portfolio of plant-based, non-GMO cookies, […]
USA: Ferrero to acquire ice cream maker Wells
Confectionery firm Ferrero Group has announced the acquisition of US ice maker Wells Enterprises as part as Ferrero’s strategy to growth in the ice cream section and Wells’ vision for accelerated growth. Wells will remain a standalone business with its portfolio of brand such us Blue Bunny, Blue Ribbon Classics, Bomb Pop, and Halo Top […]
USA: J.M. Smucker to build new R&D facility
US-based food and beverage company The J.M. Smucker Co has announced plans to build a new R&D facility in its Orrville campus in Ohio, USA. According to sources, the new 29,000 sq. ft lab will support the firm’s Smucker’s Uncrustables brand and the company plans to develop new products in the facility, test innovative products […]