acquisitions | WholeFoods Magazine

Natural Products Industry News Briefs: NutriLeads, BGG, IFF & More

January 19, 2023

Tofuti participates in Vegan-uary Tofutti Brands, Inc. is participating in Veganuary, a worldwide movement to encourage the reduced consumption of animal products for the month of January. In addition, Tofutti’s recent rebrand now features terms such as vegan, plant-based, Kosher-Parve, and Halal and gluten-free where applicable. The company is pairing...

Jamieson Wellness Announces Acquisition of Nutrawise, Youtheory Brand

June 6, 2022

WholeFoods Magazine Staff

Toronto, Canada—Jamieson Wellness announced its acquisition of California-based Nutrawise Health & Beauty Corporation. Jamieson Wellness will acquire the manufacturer and marketer of supplements under the Youtheory brand in the U.S. and other international markets, for nearly $210 million. About the Deal The $210 million includes $25 million in Jamieson Wellness...

Albertsons Announces Acquisition of Remaining Rite Aid Stores

February 20, 2018

WholeFoods Magazine Staff

Boise, ID and Camp Hill, PA. - Grocery chain Albertsons announced today it is expanding its retail pharmacy divisions by purchasing more than 2,500 Rite Aid stores. According to a company press release, the combined company is expected to serve more than 40 million U.S. customers per week at approximately 4,900...

PepsiCo Courting Vita Coco's Owners for Potential Acquisition

May 31, 2017

WholeFoods Magazine Staff

Harrison, NY — Long-time soft drinks distributor PepsiCo has been reported by Reuters to be in talks to purchase All Market Inc., the owner of leading coconut brand Vita Coco. PepsiCo is offering less than the $1 billion that All Market is seeking, according to the report. All Market owners...

Kicking Horse Coffee Sold to Lavazza

May 25, 2017

WholeFoods Magazine Staff

Bedminster, NJ — According to a press release from Swander Pace Capital, the private equity firm has sold Kicking Horse Coffee, Ltd., the #1 organic and fair trade coffee roaster in Canada to Luigi Lavazza S.p.A. in a transaction valued at C$215 million. In 2012, the firm partnered with Kicking...

Nutraceutical International Corp. to be Acquired by Private Equity Firm

May 25, 2017

WholeFoods Magazine Staff

Park City, UT — Nutraceutical International Corporation has entered into an agreement under which an affiliate of HGGC, LLC, a middle-market private equity firm, will acquire the company in a transaction valued at about $446 million that includes debt to be refinanced. Under the terms of the agreement, Nutraceutical stockholders...

Mushroom Wisdom Acquired by Hokuto Corporation

May 24, 2017

WholeFoods Magazine Staff

East Rutherford, NJ — All shares of Mushroom Wisdom, Inc. have been acquired by Hokuto Corporation, one of Japan’s biggest mushroom cultivators with annual sales of about $600 million. The transaction also includes the acquisition of Sun Medica, Co., Ltd, an affiliate of Mushroom Wisdom as well as the transfer...

AIDP and Algaia, S.A. Announce Distribution Partnership

May 23, 2017

WholeFoods Magazine Staff

Paris, France — AIDP, Inc. and Algaia, S.A. have announced their entrance into a distribution partnership to market Algaia’s alginates, naturally-occurring polysaccharides produced from brown algae, as well as other specialty marine-based solutions to customers in the United States, Canada and Mexico. The arrangement was finalized at Vitafoods in Geneva,...

Ashland to Acquire Pharmachem Labs

April 19, 2017

WholeFoods Magazine Staff

Covington, KY — Ashland Global Holdings Inc. announced in a press release that its subsidiary has signed a definitive agreement to acquire privately owned Pharmachem Laboratories, Inc., based in Kearny, NJ. As part of the terms of the stock purchase agreement, Ashland will pay a $660 million all-cash transaction expected...

Danone to Divest Stonyfield Holdings to Acquire WhiteWave

April 4, 2017

WholeFoods Magazine Staff

Washington, D.C. — In July of 2016, Paris, France-based Danone SA announced its intention to acquire Denver, CO-based WhiteWave Foods Co. The firm has finally gained approval to proceed with the $12.5 billion buyout, its largest to date, but the Justice Department has made the purchase contingent on Danone selling...