The company will create 600 new jobs through expanding its global headquarters in Chicago. Mars, Inc. also announced a $130 million investment in its Canadian operations.
As Valeo Foods Group’s eighth acquisition since 2022, Prestige reinforces the company’s ambition to strengthen its position as Europe’s leading sweet treats champion.
As part of the transaction, Ferrero will take over Bold Snack's office and factory in Divinópolis, Minas Gerais, with approximately 300 employees expected to join Ferrero Brazil.
Hain Celestial says the divestiture sharpens the company’s focus and advances a simplified North American portfolio centered on core categories with stronger margin and cash flow profiles.
The new factory will increase Little Sesame's production capacity, moving from an annual output of 4 million pounds to a projected 20 million pounds at full capacity.
Sunbelt Bakery's refreshed packaging will roll out across its full product assortment, including Chewy Granola Bars, Soft Baked Bars and seasonal offerings.
While delivering a familiar format, Nutri-Grain Crunchy offers a convenient, mess-free bite and checks a range of nutrition boxes, including fiber, whole grains, peanut-free and non-GMO.
Hershey says this acquisition expands the variety of snacking choices it can offer consumers, adding a high-growth brand that complements the company's existing portfolio and brings additional manufacturing capacity.
