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…
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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…