Heineken says this transaction builds on a long-standing partnership that began in 1986 and was strengthened in 2002 with the acquisition of a 25% stake in FIFCO's beverages business in Costa Rica, Distribuidora La Florida.
AFN says the acquisition expands its vertically integrated footprint, linking ranchers, harvesting, fabrication, further processing and national distribution, while cementing U.S. processing capacity dedicated to grass-fed and organic programs.
While sales were largely down under dynamic economic and geopolitical conditions, some of the world’s top food and beverage manufacturers experienced revenue growth.
While sales were largely down under dynamic economic and geopolitical conditions, some of the world’s top food and beverage manufacturers experienced revenue growth.
The acquisition marks Calbee’s entry in the plant-based foods market in the U.S. and further accelerates the growth of its international and Food and Health businesses.
The acquisition combines Bredabest’s expertise in peanut processing with Natra’s global platform and distribution network, expanding Natra’s portfolio to include peanut-based spreads and other peanut-based ingredients.
The transaction includes three production facilities – located in Carrington, N.D.; New Hope, Minn.; and Winchester, Va. – as well as the Ronzoni retail brand.
A common goal unites the three organizations: to transform the global food system through science-driven innovation that supports both human health and environmental sustainability.