USA: Misfits Market to acquire Imperfect Foods
US online grocer Misfits Market has announced the purchase of fellow e-commerce firm Imperfect Foods. According to sources, the companies are intended to be operated separately at first, before being merged into a single brand. Both online grocers started out retailing mishappen products in order to prevent food waste, but currently also sell a broader range of fresh products such […]
USA: Eli’s Cheesecake announces expansion
Eli’s Cheesecake, a Chicago-based cheesecake and dessert maker, has announced that it is expanding its facility in northwest Chicago by 42,000 sq ft. According to the company, the new space will allow for the expansion of bakery operations including the addition of new production and packaging lines and storage areas. Once the expansion is completed, […]
USA: Treehouse Foods to sell significant part of meal prep business
Treehouse Foods, a leading manufacturer and distributor of private label foods and beverages, has announced that it has come to an agreement with Investindustrial to sell a part of its meal preparation business for $950 million. In a statement, Treehouse Foods said the deal was intended to “simplify” its business proceedings and allow it to focus its […]
USA: Coca-Cola launches Dreamworld variety
Coca-Cola has announced Dreamworld, the latest offering within its Coca-Cola Creations concept. According to a company press release, Coca-Cola Dreamworld, which also comes in a zero sugar version, “explores the realms of the surreal, the imaginary, and the otherworldly” offering “a surprising and unexpected flavor from a dream world”. Commenting on the launch, Alessandra Cascino, creative […]
USA: V&V Supremo Foods acquires Mill Creek Cheese
Hispanic food business V&V Supremo Foods has announced the acquisition of family-owned cheese producer Mill Creek Cheese. V&V Supremo Foods was founded in 1964 and produces Mexican cheese, crema and chorizo, and owns the Chihuahua quesadilla cheese brand. Founded in 1891, Mill Creek Cheese is described as the oldest family-owned cheese plant in Iowa County, Wisconsin. […]
USA: Del Monte Foods acquires Kitchen Basics
Del Monte Foods, the US food company, has announced the acquisition of cooking aids firm Kitchen Basics from McCormick. Kitchen Basics was founded in 1996 and has an extensive portfolio of ready-to-use stocks and broths, and is currently the market leader in the US. Greg Longstreet, president and CEO of Del Monte Foods, said: “Del […]
USA: Colgate-Palmolive to acquire three plants from Red Collar Pet Foods
FMCG giant Colgate-Palmolive has announced plans to acquire three dry pet food manufacturing plants in the US from Red Collar Pet Foods for $700 million. According to Colgate-Palmolive, the acquisition aims to support the global growth of its Hill’s Pet Nutrition business and includes the transfer of approximately 350 employees. The manufacturing plants – in […]
USA: Kroger announces opening of new fulfilment centre
Kroger, one of US’s largest grocery retailers, has announced that they are opening a new Customer Fulfilment Centre in Dallas, Texas, powered by the Uk’s Ocado group. According to sources, the centre will utilise automated robotics technology to improve customer experience. It is part of Kroger’s delivery network, with more than 1,000 bots traversing a […]
USA: PepsiCo invests $550 million in Celsius Holdings
PepsiCo, the leading US consumer goods firm, has announced a distribution agreement and the acquisition of $550 million stake in energy drink company Celsius Holdings at the price of $75 per share, corresponding to 8.5% ownership of the company. Celsius is a US global consumer packaged goods company that produces lifestyle energy fitness drinks. With this […]
USA: Carolina Foods to open new facility in Pineville
Carolina Foods, a bakery and pastry manufacturer, has announced it is building a new manufacturing facility in Pineville, NC. According to sources, the new facility will cover an area of 423,000 sq ft and will be operational by 2023. Commenting on the move, Carolina Foods CEO Dan Myers said: “In addition to being twice the size of […]