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…
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Hershey Expands Sweets Portfolio with Acquisition of Sour Strips Hershey recently acquired Sour Strips, a popular sour candy brand founded by Maxx Chewning in 2019. This strategic move aims to broaden Hershey’s sweets portfolio and tap into the growing demand…
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Expanding its reach beyond beer, Molson Coors has taken a majority ownership stake in Zoa, the energy brand founded by Dwayne “The Rock” Johnson. The financial details of the transaction were not disclosed. This acquisition grants Molson Coors influence over…
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Exciting News from Mondelēz International’s SnackFutures Ventures In a strategic move, SnackFutures Ventures, the corporate venture capital arm of Mondelēz International, has acquired a minority stake in Urban Legend, a rapidly growing fresh doughnut and pastry business based in the…
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Exciting News: John Paul DeJoria Acquires Waterloo Gin Brand Renowned billionaire and founder of Patrón Tequila, John Paul DeJoria, has recently made headlines by acquiring Waterloo Gin, a popular Texas-based gin brand. The acquisition, although undisclosed in terms of amount,…
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Dive Brief: Cal-Maine Foods, the largest egg producer in the U.S., recently made a significant move by acquiring ISE America, one of the top 25 egg producers, for $110 million in cash. This acquisition will grant Cal-Maine access to ISE’s…