Laird Superfood Expands with Acquisition of Terrasoul Superfoods Overview: Laird Superfood is investing $48 million to acquire Terrasoul Superfoods, known for their nuts, powders, baking ingredients, and functional beverage mix-ins. The funding for this acquisition comes from Nexus Capital Management,…
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Key Takeaways: Insightful Analysis: The recent acquisition signifies a significant move for Mark Anthony Group, under the leadership of CEO Phil Rosse. With a goal to expand their presence in the global alcohol market, this acquisition marks a strategic step…
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Dive Brief: Tilray Brands has recently acquired U.K. brewer BrewDog for $44 million, expanding its craft beer portfolio. The acquisition includes BrewDog’s brewing operations and 11 brewpubs in the U.K. and Ireland, with negotiations ongoing for assets in the U.S.…
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The Marzetti Company has made a significant move by acquiring the Japanese barbecue sauce brand Bachan’s for $400 million in cash. This acquisition will not only strengthen Marzetti’s presence in the sauce category but also open up new opportunities for…
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Exciting News: Mission Produce Acquires Calavo Growers Mission Produce has announced its acquisition of rival Calavo Growers, solidifying their positions as two of the largest avocado companies in North America. The deal, valued at $430 million, is set to close…
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AB InBev to Repurchase Minority Stake in U.S. Metal Container Plants for $3 Billion AB InBev has announced its plans to buy back a minority stake in its U.S. metal container plants for approximately $3 billion. The Bud Light maker…
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An AriZona Beverages subsidiary has bought a beverage packing facility in Anaheim, California, in a move to re-establish production at a shuttered facility. AriZona subsidiary Beverage Packers West bought the facility, plus equipment from Manna Beverages, for an undisclosed amount.…
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Horizon Family Brands has acquired Maple Hill Creamery, an organic dairy company, to solidify its position in the better-for-you food and beverage market. The financial details of the transaction were not disclosed. Founded in 2009 and based in New York,…
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Key Takeaways: Tito’s Handmade Vodka has acquired a majority stake in Lalo Tequila, marking the first acquisition in the company’s history. The financial details of the deal were not disclosed. Both Texas-based brands view this partnership as a unique opportunity…
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Key Takeaways: Insightful Analysis: The recent acquisition by Heartland of SLIMFAST is a strategic move to expand its presence in the better-for-you market segment. By adding a well-known brand like SLIMFAST to its portfolio, Heartland is not only catering to…