Highlights

Capital Spending

2024 Capital Spending Outlook: Unfinished Business

April 30, 2024
After making big capital spending plans for 2023 — and underspending those budgets — food & beverage processors are proceeding at a more normalized pace (+3%).
Courtesy of Lifeway Foods
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Dairy, Cheese, Eggs

Lifeway Foods Founding Family Members Express Support for Danone Acquisition After Board Rejects It

Nov. 7, 2024
Edward and Ludmila Smolyansky release statement in support of reconsidering Lifeway Foods’ rejection of Danone North America PBC’s offer to acquire all remaining shares of the...
SrideeStudio
drinks cans top view on dark background.
Mergers & Acquisitions

Molson Coors Acquires Majority Stake in Zoa Energy Brand

Nov. 7, 2024
Molson Coors has held an interest in the company founded by Dwayne “The Rock” Johnson and his partners since it first launched in 2021.
radiobread
leinenkugel's sunset wheat - j. leinenkugel brewing company
Beverage Products

Molson Coors Will Shut Down Leinenkugel’s Legacy Chippewa Falls Brewery

Nov. 6, 2024
After more than 157 years, the Leinenkugel’s facility will close in January, as will a smaller brewery in Milwaukee.
J.J. Gouin
Election ballot with yes or no question. concept. Voting, government referendum and amendment
Legal Issues

Denver (Colo.), Sonoma County (Calif.) Voters Reject Bans on Slaughterhouses, ‘Factory Farms’

Nov. 6, 2024
Denver measure to ban slaughterhouses in the city limits and Sonoma County ban on CAFOs in the county both shot down by voters in those municipalities.
FoodVideoPhoto
Pouring honey, flowing liquid sugar syrup. Thick Honey Dripping close up
Sweetening Solutions

Parent Co. of SweetLeaf Products Acquires Canada’s Drizzle Honey

Nov. 6, 2024
Deal will open the door to U.S. distribution for the sustainably sourced honey products currently sold in Canada and online.
Courtesy of Crescent Foods
crescent foods rebrand
Packaging

Crescent Foods Rolls Out Rebranded Chicken Packaging

Nov. 1, 2024
New designs and features aim to help consumers in retail fresh and frozen, and club store channels.
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Mergers & Acquisitions

Mann Packing Divests Fresh Leaf Farms Business

Nov. 1, 2024
Vegetable division of Fresh Del Monte Produce Inc. has sold Fresh Leaf Farms to a new partnership owned by two prominent families in the California produce industry.
Courtesy of Schuman Cheese
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Mergers & Acquisitions

Schuman Cheese Acquires Old Croc Cheddar Cheese Parent, Trugman-Nash

Oct. 31, 2024
Australian cheddar cheese brand adds significant range of high-quality cheddar products to Schuman Cheese’s portfolio.
Sean Hackbarth
new glarus spotted cow bottles
Capital Spending

Wisconsin’s New Glarus Brewing to Build $55 Million Expansion

Oct. 23, 2024
New project will add 65,000 sq. ft. of brewing and distilling space, along with various administrative and retail functions, according to numerous local news reports.
Courtesy of Topikos Spirit & Beverage Company Inc.
Ren Ultra Premium Vodka
International

Canadian Spirits Co. Topikos Acquires Ren Ultra Premium Vodka

Oct. 22, 2024
Distribution of now-regional brand will be expanded to all of Canada, joining Topikos’ portfolio of spirits, RTD beverages and wines.
Mr.1
ham on conveyor belt ; cutting ; slice ; machine
Mergers & Acquisitions

Slicer, Co-Packer Virginia Packing Acquired by Forever Cheese

Oct. 22, 2024
Forever Cheese gains its third processing facility in the deal as well as the ability to offer increased value-added services to its customers.
Locomotive74
Fresh banana yellow background in the fruit market.
Environmental

Fresh Del Monte Produce Hits Scope 1 and 2 GHG Goals Seven Years Early

Oct. 21, 2024
Fresh-cut fruits and vegetables company also reduced its Scope 1 CO2 emissions from vessel shipping by 19% in 2024, surpassing its sustainability goals there as well.