Global snacks company Mondelez International will invest $6 million in its Reading Science Centre in the UK towards the development of new chocolate, candy and biscuit products to be sold in more than 150 different countries. Currently, the Mondelez Reading Science Centre hosts more than 290 scientists, food technologists, chemists, and other specialists. The new […]
SC Johnson acquisition of Sun Bum : SC Johnson, a Wisconsin-based manufacturer of household cleaning supplies and other consumer chemicals, has agreed to acquire personal care products brand Sun Bum for an undisclosed price. The personal care products of Sun Bum cover the areas of hair care, sun protection, and lip care. SC Johnson acquisition […]
Retail acquisition news : Jackson Mitchell Holdings, the parent company of Mitchell Grocery, has acquired supermarket chain Little Giant Farmers Market, which operates five grocery stores in Georgia, for an undisclosed price. Little Giant Farmer’s Market will be a 100% owned subsidiary of Jackson Mitchell. Its stores are located in Riverdale, Jonesboro, Newnan, and Decatur. […]
US grocery retailer Kroger in partnership with online grocery retailer Ocado as started construction on a high-tech customer fulfillment center in Monroe, Ohio. Kroger will be injecting $55 million for the construction of its first shed spread over 335,000sft and expected to create over 400 new jobs. The new Kroger customer fulfillment center in Monroe […]
Drinks acquisition news : Brown-Forman, a major US spirits and wines company, has agreed to acquire The 86 Company to add Fords Gin, a cocktail gin to its portfolio. Fords Gin, which is a blend of nine botanicals, begins with a traditional base of juniper and coriander seed, which is balanced by citrus, spices and […]
Global investment company KKR has agreed to sell KCF Technologies (KCFT), a producer of copper foils and flexible copper clad laminates, to South Korean conglomerate SK Group affiliate SKC, for a sum of KRW1.2 trillion ($1 billion). The copper foils and copper clad laminates manufactured by KCFT are mainly used in li-ion batteries for electric […]
Make It Simple has expanded the reach of its naturally-flavored, caffeinated sparkling water Pep Talk into 100 HEB stores in Texas. Launched in February 2019, the caffeinated sparkling water brand will also be available in UNFI Warehouse stores in Minnesota, North Dakota, Wisconsin and South Dakota, and in all Fresh Market locations. Pep Talk, which […]
Vesta acquisition of Alex Apparel : Vesta Capital Management said that one of its affiliates has acquired New York City based women’s clothing retailer Alex Apparel Group from Atlantic Street Capital for an undisclosed price. Alex Apparel is a designer and wholesaler of eveningwear dresses and social dresses under the brands Alex Evenings, Ignite Evenings […]
Mercatus, a digital commerce solutions provider for grocery and other retail verticals, has joined forces with in-store order fulfillment platform ShopperKit to help grocers fulfill online orders more efficiently. The in-store fulfillment solution of ShopperKit is expected to enable Mercatus-equipped stores to quickly receive, prioritize and process orders from the websites of the retailers. As […]
Korean confectionery company L-GA has launched candy-type MultiVita C365 series in China. MultiVita C365 is packed with vitamin C, which is required for connective tissue formation and also vitamin B2, which is needed for energy generation in the body. This healthy candy also contains vitamin B6 – which is necessary for amino acid metabolism, fish […]