Dive Brief: Butterfly, a private equity firm, has announced its acquisition of the Duckhorn Portfolio luxury wine company for $1.95 billion in cash. After the transaction, Duckhorn will remain operational under its current name as a privately held company based…
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portfolio
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Exciting Acquisition: T. Hasegawa USA Expands Flavor Portfolio with Abelei Flavors On September 3, T. Hasegawa USA made a significant move by acquiring Abelei Flavors, enhancing its flavor offerings in North America. This strategic purchase further solidifies T. Hasegawa’s position…
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Campbell Soup is set to undergo a major transformation by dropping “soup” from its name to reflect its diverse product offerings. The company, known for its iconic soups, is expanding into chips, sauces, cookies, and beverages. Shareholders will vote on…
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Amid rising inflation and financial pressures on U.S. households, PepsiCo has announced plans to reduce prices on select snacks to cater to value-conscious consumers. The food and beverage giant, known for brands like Fritos, Doritos, and Pepsi, highlighted the shift…
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