Chobani has announced its acquisition of plant-based food maker Daily Harvest, expanding its range of ready-to-make meals. The terms of the deal have not been disclosed. Daily Harvest, founded ten years ago, was one of the pioneers in delivering clean,…
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Welcome to the Latest News: Castillo Hermanos, a prominent business conglomerate from Guatemala, has recently announced its acquisition of Harvest Hill Beverage Company, the maker of popular drinks such as SunnyD, Juicy Juice, and Little Hug. The purchase was made…
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PepsiCo Acquires Poppi in Shift Towards Healthier Beverages PepsiCo, known for its sugary carbonated drinks, has made a significant move in the soda category by acquiring Poppi, a brand that focuses on functional ingredients and lower sugar content. This purchase…
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New Developments: Celsius Holdings has announced the acquisition of Alani Nu, a rival in the energy drink market, for a total of $1.8 billion in cash and stock. This marks the largest deal for Celsius since its inception in 2004.…
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Ball Expands Manufacturing Operations in Southeast and Northwest During an earnings call on Tuesday, Ball Corporation announced plans to expand its manufacturing presence in the Southeast and Northwest regions through a combination of acquisition and new buildout. One of the…
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Exciting News: In a strategic move, Molson Coors has acquired an 8.5% stake in Fever-Tree, a renowned producer of nonalcoholic carbonated mixers, for $89 million. This acquisition aligns with Molson’s vision of expanding its beverage portfolio to cater to a…
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New Update: Ferrero has acquired Power Crunch from Bio-Nutritional Research in a deal of undisclosed value. The protein snacks brand, known for its wafer bars and high-protein crisps, has experienced significant growth in recent times. With this acquisition, Ferrero will…
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Flowers Foods Acquires Simple Mills in $795 Million Deal Flowers Foods, known for its iconic Wonder bread, has announced the acquisition of better-for-you snacks maker Simple Mills for a whopping $795 million. This strategic move is set to enhance Flowers…
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Key Points: Louis Dreyfus is set to acquire BASF’s Food and Health Performance Ingredients Business, expanding its presence in the plant-based space. The acquisition includes a production facility in Germany and three labs, with 300 BASF employees transitioning to Louis…
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Dive Brief: TreeHouse Foods Acquires Harris Tea for $205 Million Acquisition includes Harris Tea’s manufacturing facilities in New Jersey and Georgia, with 300 employees joining TreeHouse. TreeHouse’s strategic acquisitions and divestitures aim to improve margins and drive growth in the…