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Heartland Food Products Acquires Whole Earth Brands’ Americas Business Heartland Food Products, the owner of Splenda, has announced an agreement to acquire the Americas business of sweetener maker Whole Earth Brands, which includes the rival sugar substitute brand Equal. The…

Dive Brief: Bazooka Brands introduces Go Wandr, a new candy brand inspired by flavors from around the world to cater to the increasing demand for international tastes and textures. Go Wandr’s first product, Mini Mochi Gummy, will debut on TikTok…

Lamb Weston, a major French fry manufacturer, is currently facing a critical period and must take action to regain support from shareholders following past management missteps, according to activist investor Starboard. In a letter to the company’s board, Starboard emphasized…

Ferrara Candy to Invest $675 Million in New Manufacturing Site in South Carolina Ferrara Candy has announced plans to spend $675 million on building a new manufacturing site in South Carolina to meet the increasing demand for popular candies like…

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,…

Exciting News: Suja Life Files for IPO Suja Life has officially filed for an initial public offering in the U.S., announcing on Friday that they are ready to take the next step in their journey. The pricing details of the…

Activist Investor Starboard Value Pushes for Lamb Weston to Double Cost-Cutting Targets Activist investor Starboard Value is urging frozen french fry maker Lamb Weston to double its cost-cutting targets, citing high operating expenses compared to industry peers. In a letter…

Flowers Foods Considers Selling Off Brands in Comprehensive Review Flowers Foods CEO Ryals McMullian has announced a “comprehensive review” of the company’s operations, supply chain, and financial strategy. This could potentially lead to the sale of certain brands in the…

The acquisition news that has been making waves in the beverage industry is the purchase of organic food and plant-based drink maker SunOpta by Dutch beverage giant Refresco. This deal, valued at $1.1 billion, sees Refresco acquiring SunOpta for $6.50…

McIlhenny Company, the maker of Tabasco, is taking legal action against Stoli Vodka, alleging that the new spicy vodka from the alcohol company has packaging similar to the iconic hot sauce brand. This lawsuit comes as Tabasco introduces a similar…