Food processing news : American food company General Mills will roll out a new yogurt range in the US this month in the form of YQ by Yoplait that is made from ultra-filtered milk, and is claimed to be high on protein and less on sugar. YQ by Yoplait from General Mills YQ by Yoplait […]
Retail industry news : A new Amazon fulfillment center in Tulsa, Oklahoma is set to open, creating 1,500 full-time roles says the e-commerce giant Amazon.com. To be developed by Seefried Industrial Properties, the new Tulsa fulfillment center, which will see employees helped by robots, is going to be the second Amazon fulfillment center in the […]
Sprig, a California-based manufacturer of cannabis-infused beverages will launch its new range of CBD-infused soda beverages at major health food grocers across the US during the third quarter. The new Sprig CBD range will be launched in four new variants, out of which three – Citrus Zero Sugar, Sparkling Lemon Tea Zero Sugar and Melon […]
The Coffee Bean & Tea Leaf, an American coffee chain has increased its range of cold brew coffee and teas with the addition of Vietnamese Cold Brew Coffee and new seasonal flavors of Mango Cold Brew Tea and Black Cherry Cold Brew Tea. Launched just in time for summer, the Vietnamese Cold Brew Coffee along […]
Indian FMCG giant ITC has acquired a herbal floor cleaning brand called Nimyle for an undisclosed amount from Kolkata-based Arpita Agro Products to enter into the home care products segment. The Nimyle neem-based floor cleaning brand has been mostly sold across the states of West Bengal and Odisha and had been recently launched across North […]
Food acquisition news : UK-based frozen food company Nomad Foods has struck a deal to acquire Aunt Bessie’s, a frozen food brand for about €240 million from British food manufacturer William Jackson & Son for about €240m. Nomad Foods Acquisition of Aunt Bessie’s Nomad Foods acquisition of Aunt Bessie’s is expected to help the former […]
Poultry industry news : US meat processing company Tyson Foods has started construction of its new chicken processing plant in Humboldt in Gibson County, Tennessee with an investment of around $300 million. The new Tyson Foods poultry processing plant, which is expected to address the solid consumer demand for the company’s chicken products, is slated […]
Food acquisition news : Private equity firm Kohlberg & Company has agreed to acquire Sara Lee Frozen Bakery and Van’s businesses from US meat processor Tyson Foods for an undisclosed price. Tyson Foods says that it the transaction is to enable it to expand its focus on its core business. Included in the latest transaction […]
Ice cream industry news : Unilever Ice Cream has expanded its frozen treats line up in the US by launching a total of 20 new products across its Magnum Ice Cream, Breyers, Good Humor, Popsicle and Klondike ice cream and frozen novelty brands. MAGNUM Ice Cream Launches MAGNUM Tubs Joining the Magnum Ice Cream range […]
Cadbury and Oreo owner Mondelez International has snapped Tate’s Bake Shop, a US cookie manufacturer in a deal of about $500 million from private equity firm The Riverside Company and others. Mondelez Acquisition of Tate’s Bake Shop Founded in 2000, Tate’s Bake Shop makes thin-and-crispy chocolate-chip cookies and its acquisition enables Mondelez to widen its […]