Copenhagen, Denmark—Chr. Hansen Natural Colors has purchased SECNA Natural Ingredients Group S.L., bolstering its position in the natural colors segment, according to a press release. This is Chr. Hansen Natural Colors’ first add-on investment since being acquired by private equity firm EQT, and it grants the company access to SECNA...
Lake Success, NY—The Hain Celestial Group has completed the divestiture of its North America non-dairy beverage brands, Dream and Westsoy, to SunOpta Inc. for $33 million, according to a press release. The sale is subject to customary post-closing adjustments. Related: Hain Celestial Expands its Partnership with Folds of Honor Health...
Turlock, CA—Sensient Natural Ingredients (SNI) has finalized a transaction to acquire New Mexico Chili Products, a dehydrated chili production facility in Deming, NM, which processes capsicums and a variety of specialty chiles for commercial sale to CPG food manufacturers, spice blenders, and foodservice customers, according to a press release. “This...
PanTheryx, Inc. acquired the Goodgut digestive health brands of Greenteaspoon Inc. The terms of the transaction were not disclosed. Goodgut comprises prebiotic supplements manufacturing business and is based in Palo Alto, CA. PanTheryx is a biotechnology company that develops novel interventions for GI microbiome-related health conditions and is based in...
Deerfield Beach, FL—reCommerce, a Topspin Consumer Partners portfolio company, announced its acquisition of Tampa-based Vitamin Discount Center (VCD),. A press release from reCommerce states that the acquisition helps it strengthen its position as a leading technology-enabled strategic partner to brands selling on Amazon, and expands the expertise and fulfillment capabilities...
Nestlé has acquired Essentia Water, which first marketed ionized alkaline water more than 20 years ago, according to a press release. The transaction is part of Nestlé’s transformation of its global water business, in which the company is looking to focus on international premium and mineral water brands and healthy...
Denver, CO—Ardent Mills has announced its intention to purchase substantially all of the business operations of Hinrichs Trading Company, according to a press release, which calls Hinrichs “the North American leader in chickpea sourcing, cleaning and packing.” The move is part of Ardent Mills’ growth plan to further invest in...
Gelson’s Markets, a Southern Californian grocer, is being acquired by Pan Pacific International Holdings (PPIH), according to Los Angeles Daily News. PPIH is a publicly-traded company operating 639 stores, 582 of which are in Japan. In Hawaii and Japan, it’s known for its Don Quijote brand. Gelson’s consists of 27...
Danone has released its 2020 full-year report and 2021 guidance, and announced its latest acquisition. In a press release, Danone noted that consolidated sales were down 1.5% in 2020, with Q4 down 1.4% compared to Q4 2019. Out-of-home channels, specifically, declined in Q4 after an improvement in Q3, driven by...
Basel, Switzerland—Bain Capital and Cinven have entered into a definitive agreement to acquire Lonza’s Specialty Ingredients (SI) business and operations for a value of CHF 4.2 billion, according to a press release. “Today’s announcement is the result of a comprehensive and robust selection process.” Lonza’s Chairman, Albert Baehny, said in...
