ALOHA, a plant-based protein food and beverage company, has launched its first plant-based protein drink range in the US which is available in three flavors – Chocolate Sea Salt, Coconut and Vanilla. The new protein drinks from ALOHA are available at Target and are set to be made available shortly on Amazon. Additional distribution of […]
Lyons Magnus, a portfolio company of Paine Schwartz Partners, has acquired TRU Aseptics, an aseptic manufacturer based in Beloit, Wisconsin, for an undisclosed price. TRU Aseptics, which was founded in 2016 supplies liquid aseptic products to the retail, foodservice, and food ingredient markets. Lyons Magnus, on the other hand, develops and manufactures fruit and flavor […]
BJs Wholesale Club, a US membership-only warehouse club chain, has opened its new club in Clearwater, Florida, where it will have an opening celebration on 13 April 2019. The new BJs club in Clearwater, which is located at 26996 US Highway 19 North in the Pinellas County, is the warehouse club chain’s 217th club and […]
ResMed has launched a new nasal pillow mask called AirFit P30i, which is its second top-of-head-connected continuous positive airway pressure (CPAP) mask for the treatment of sleep apnea. The new AirFit P30i new nasal pillow mask will be available across Europe, New Zealand and Australia. ResMed will launch it across the US and Canada on […]
Food acquisition news : Central Valley Meat has agreed to acquire rival California-based meat processing company Harris Ranch Beef and its wholly owned subsidiaries for an undisclosed price. Headquartered in Hanford, Central Valley Meat is a family-owned meat processor that was established in 1993. The meat processing company is engaged in the supply of high-quality […]
US-based Continental Mills has launched four new gluten-free baking products – Yellow Cake Mix, Chocolate Cake Mix, Confetti Buttermilk Pancake Mix and Chocolate Chip Cookie Mix under its Krusteaz brand of baking, pancake and waffle mixes. The four baking products are certified gluten-free and contain no artificial flavors or preservatives. The new additions almost double […]
Global life sciences company Thermo Fisher Scientific has agreed to acquire Massachusetts-based Brammer Bio from Ampersand Capital Partners for about $1.7 billion in cash. Brammer Bio is a viral vector contract development and manufacturing organization (CDMO) serving bipharma companies seeking to develop and commercialize gene therapies. The CDMO was formed in 2016 through the merger […]
Martin Bauer acquisition of BI Nutraceuticals : Global botanical expert Martin Bauer Group has acquired BI Nutraceuticals, a US-based plant-based ingredients manufacturer and supplier for an undisclosed price, as per the latest food acquisition news. Headquartered in California, BI Nutraceuticals supplies dietary supplement and functional food ingredients such as plant-based powders and teas, standardized and […]
Rent the Runway, an online service that provides options of renting designer dresses and accessories for women, has raised $125 million in a new investment round that was led jointly by Franklin Templeton Investments and Brian Capital Ventures. Hamilton Lane Advisors, on behalf of New York State Common Retirement Fund, and Funds and accounts advised […]
Soft drinks industry news : Coca-Cola Canada has launched a more compact and resealable 250 ml mini bottle for its soft drinks Coca-Cola, Coca-Cola Zero Sugar, Diet Coke, and Sprite. The new 250ml mini bottle version of Coca-Cola, Coca-Cola Zero Sugar, Diet Coke, and Sprite is now available across Canada at grocery and convenient stores […]