Denver, CO--Bakery ingredient manufacturer and distributor Dawn Food Products has acquired an Ardent Mills ingredient mix facility in Burlington, Ontario. Dawn Foods will take over the sweet ingredient business and expand its Canadian reach, according to a press release, and Ardent Mills will continue to supply flour to the facility.
Sandpoint, ID--Litehouse Inc., a salad dressing manufacturer, announced their acquisition of Sky Valley Foods, maker of organic shelf-stable dressings, condiments, marinades, and sauces, effective June 1, 2019. This acquisition will help Litehouse grow its portfolio with center-store, clean, organic products, according to a press release. As part of the deal,...
Paris, France-- Solabia Group announced in a press release that it has acquired Algatech Ltd., which specializes in the development, cultivation and commercialization of ingredients derived from microalgae for supplement, food and cosmetic brands. According to the announcement, Algatech, which is based in the Arava desert in southern Israel, will...
Castleton, NY--Hudson River Foods, a family of organic, non-GMO, kosher, vegan and allergy-free food and beverages, announced in a press release that it has acquired two companies: Dancing Deer Baking Co., a Boston-based gourmet gift basket company, and Hodgson Mill, an Effingham, IL-based manufacturer of flours, cereals, baking ingredients and...
Lake Success, NY—The Hain Celestial Group, Inc. announced in a press release that it has completed the divestiture of the WestSoy tofu, seitan and tempeh businesses to Keystone Natural Holdings. The WestSoy plant-based beverage business, however, was retained by Hain Celestial. The terms of the transaction were not disclosed. Mark...
Englewood Cliffs, NJ--Unilever announced in a press release that it had signed an agreement to acquire San Francisco-based OLLY Nutrition, and expressed excitement in a tweet announcing the deal: Thrilled to announce that @OLLYnutrition is joining Unilever! “We are delighted to welcome OLLY Nutrition to our portfolio of brands,” Amanda Sourry,...
London, England—The global organic food industry is undergoing consolidation, according to Ecovia Intelligence. The company noted in a press release that in one week in April alone, three major deals involved established organic food companies in Europe and North America. Royal Wessanen was acquired by an investment consortium, which also...
Camden, NJ—Campbell Soup Co. will sell its Bolthouse Farms business to an affiliate of private equity firm Butterfly Equity for $510 million, according to Reuters. The deal is expected to be completed by July 2019, Reuters reports, which will mark Campbell’s complete divestiture of its fresh division. Butterfly’s operating partner...
Irvine, CA—International Vitamin Corporation (IVC) announced in a press release that it formed a joint venture with GNC to integrate GNC’s Nutra manufacturing division into IVC’s operations. Nutra will be known as Nutra Manufacturing, LLC. Under the joint venture agreement, the press release said, IVC will assume control of manufacturing...
Secaucus, NJ—The Martin Bauer Group (MBG) announced the acquisition of BI Nutraceuticals in a press release this morning. The release says that the investment in BI Nutraceuticals will build on MBG’s local capabilities including R&D, formulations, and manufacturing. A distinction of the MBG’s portfolio is the responsible and diversified sourcing...
