UK: Unilever puts Colman’s up for sale
Unilever, the UK-based consumer goods giant, is seeking a buyer for its Colman’s mustard brand ahead of a planned deal to offload the bulk of its food operations to US food group McCormick. The disposal plan has been initiated to proactively address potential competition concerns from regulators, as McCormick already owns the French’s mustard brand. […]
USA: Sweetmore Bakeries acquires Fantasy Baking
Sweetmore Bakeries, a Chicago-based family of specialty bakeries, has completed the acquisition of Fantasy Baking, a manufacturer of private label and branded sweet baked products. The acquisition marks Sweetmore Bakeries’ sixth facility overall and its first manufacturing site on the West Coast, extending its footprint across the Northeast, Midwest, Southeast, Southwest and West. Following Shore […]
Austria: Obersteirische Molkerei plans integration with Berglandmilch
Obersteirische Molkerei (OM), the Austrian dairy co-operative, is in advanced talks to integrate its operational dairy business into rival co-operative Berglandmilch. According to a letter sent to suppliers, other business sectors of the co-operative, including its hardware stores, forestry and agricultural technology divisions, will not be affected by the restructuring. The management and supervisory boards […]
Japan: Equity fund KKR to acquire Ci Flavors
Funds managed by US private equity firm KKR have signed definitive agreements to acquire Japanese beauty and lifestyle brand platform Ci Flavors from existing shareholders, including founder Yusaku Horiuchi and private equity firm L Catterton. Horiuchi and Ci Flavors representative director and CEO Yoshiaki Okura will both invest alongside KKR in the transaction. Established in […]
Brazil: Essity to acquire Kenvue feminine care business
Essity, the hygiene and health company, has agreed to acquire the Brazilian feminine care business of Kenvue for $284 million on a cash and debt-free basis. Structured as an asset purchase from certain Kenvue subsidiaries, the transaction includes ownership of the Carefree, Sempre Livre and o.b. brands for sanitary pads, liners and tampons, alongside related […]
USA: St.Cousair acquires Blake Hill Preserves brand
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 […]
India: Wipro Consumer Care acquires majority stake in Dermatouch
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, […]
USA: Precept Wine & Spirits acquires Miller Family Wine Company brand portfolio
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 […]
UK: Cawston Press acquires LA Brewery
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 […]
UK: Sazerac to acquire Au Vodka
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 […]