Stolen Spirits, which launched Stolen X 11-year-old single-grain whiskey earlier this year in 1L and 750ml bottles, is extending the range with 100ml cans. The company is said to be keen to tap into the accelerating growth of the premium whiskey category and with a Rye whiskey-based RTD. Spirits Investment Partners, the group that is […]
Pernod Ricard acquisition of Castle Brands : French alcoholic drinks producer Pernod Ricard has wrapped up its previously announced $223 million acquisition of US-based Castle Brands, the owner of Jefferson’s Bourbon brand. The deal was announced in August 2019 under which the French drinks company offered to pay $1.27 per share to acquire 100% of […]
Swiss food company Aryzta has been given a binding offer from Tunisian investment group Invest Group Zouari (IGZ) to sell the majority of its stake in Picard, a French frozen food producer. Under the offer, Aryzta has been asked to sell a 43% stake in Picard for €156 million. Combined with prior dividend income of […]
Mexican baking company Grupo Bimbo has struck a deal to acquire the Paterna bread factory in Spain from Cerealto Siro Foods for an undisclosed price, as per the latest food acquisition news. The deal also includes the bread business associated with the Paterna bread baking plant, which is located in Valencia. The bread factory in […]
Vascular Perfusion Solutions has developed ULiSSES, a new self-contained medical device for organs and limbs transportation, extending the timeframe for organ and limb feasibility. ULiSSES, which stands for Universal Limb/Organ Stasis System for Extended Storage, is a portable and easy to use device for organ and limb transport, which uses oxygen to preserve and resuscitate […]
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American Eagle Outfitters, a US lifestyle clothing and accessories retailer, has launched new genderless wellness and personal care product line to meet young people’s growing wellness and personal care requirements. The portfolio dubbed MOOD will include 100% hemp-derived cannabidiol (CBD) products for bath and body, and is offered exclusively at American Eagle stores and online. […]
Indian horticultural company INI Farms and US-based blueberry grower Munger Farms have entered into a partnership to develop a global-value-chain for blueberries in India. The partnership has an objective to promote blueberries cultivation in India, improve the consumption of the fruit and also boosting the country’s export basket of fresh fruits. With this partnership, the […]
SBD Capital acquisition of Drip Beverages : SBD Capital, a publicly-traded company, has issued a non-binding letter of intent to acquire Canada-based cannabis beverage and lifestyle brand Drip Beverages, as per the latest drinks acquisition news. The proposed acquisition of Drip Beverages will help SBD Capital foray into the cannabis beverage industry and further reinforce […]
Fonterra Co-operative Group, a New Zealand multinational dairy co-operative, is planning to consolidate its specialty cheese production plants following poor annual financial performance for FY19. The co-operative, with two specialty cheese production facilities sites operated by Fonterra Brands New Zealand, will move its Te Roto operations to Eltham Bridget Street. Fonterra announced its FY19 annual […]
Huntkey, a Chinese power solutions provider, will introduce and display the new Oucica car air purifier at Global Sources Consumer Electronics Trade Fair to be held from 11-14 October 2019 in Hong Kong. The new car air purifier from Huntkey will remove and decompose airborne hazards such as bacteria and viruses into carbon dioxide and […]