Olam sells permanent water rights in Australia to PSP Investments for US$332m

AUSTRALIA – Olam Orchards Australia (OOA) has entered into an agreement with Public Sector Pension Investment Board (PSP Investments) to sell 89,085 megalitres of its permanent water rights in Australia for A$490 million (US$332.5m). In […]

Hostess Brands to acquire Canadian cookie company Voortman for US$320m

USA – Hostess Brands has entered into an agreement to acquire Voortman, a Canadian maker of cookies and wafers, from Swander Pace Capital for approximately US$320 million (C$425 million). Hostess believes that the acquisition of […]

Canopy Growth begins production of cannabis-infused beverages at its Canadian facility

CANADA – Canopy Growth Corporation, a leading diversified cannabis company, has begun production of cannabis-infused beverages at its beverage facility located at company headquarters in Smiths Falls, Ontario, Canada. The company announced that the 150,000 […]

Wilbur-Ellis acquires Nachurs Alpine to expand agricultural product offerings in North America

USA – Wilbur-Ellis, a leading international marketer and distributor of agricultural products and animal nutrients has acquired North American specialty liquids chemical manufacturer, Nachurs Alpine Solutions (NAS). NAS has diversified operations organized into six business […]

Cott Corporation acquires Dutch beverage company Viteau International

CANADA – Cott Corporation through its wholly-owned subsidiary, Eden Springs has acquired a leading supplier of bottled water and point-of-use filtration services in the Netherlands, Viteau International. The acquisition of Viteau strengthens Eden Springs’ density in […]

Canadian food company Maple Leaf achieves major sustainability milestone

CANADA – Maple Leaf Foods, a Canadian meat and plant protein producer, has taken a massive step forward on its sustainability journey as the “first major food company in the world to become carbon neutral.” […]

Canadian agri-food company secures US$229m funding to support expansion

CANADA – La Coop Fédérée, a Canadian agri-food business has secured CAD 300 million ($229.1 million) in funding from four investors to support the company’s expansion strategy. The company said the proceeds from the subscription […]

Molson Coors restructures to streamline operations after posting weaker Q3 results

CANADA – Molson Coors Brewing Company, has unveiled a company-wide restructuring strategy aimed at streamlining the brewers operations and rejuvenate its growth after further diving into a loss during its latest quarter. The Canadian beverage […]

Mondelez International opens new US$30m candy production line in Canada

CANADA – The multinational confectionery firm, Mondelez International has opened a new CAD$40 million (US$30 million) candy production line at its manufacturing facility in Hamilton, Canada. The investment saw the firm add 15,000 square feet […]

Fluent Beverage plans commercial launch of CBD-infused beverages in Canada

CANADA – The joint venture company between AB InBev and Tilray, Fluent Beverage Company has unveiled that it will be commercializing non-alcoholic CBD- infused drinks in Canada. Fluent Beverage plans to have the beverages on […]