Mergers and Acquisitions

Keurig Dr Pepper intends to acquire the rights to Atypique, a non-alcoholic, ready-to-drink cocktail brand, from Station Agro-Biotech.

The No. 48 consumer goods company is spinning off its North American cereal and plant-based foods businesses to result in three independent public companies.

The brand will operate as part of Unilever’s health and wellbeing unit, which includes brands like OLLY, Liquid I.V. and Onnit. 2. Get the details.

General Mills is selling its Helper main meals and Suddenly Salad side dishes businesses to Eagle Foods as it continues to narrow its focus in the U.S.

Bolthouse Farms expects to accelerate its growth trajectory and expand its offerings.

J&J Snack Foods will acquire Dippin’ Dots for $222 million in a bid to increase its scale.

General Mills is beefing up its away-from-home portfolio with the acquisition of TNT Crust, a manufacturer of frozen pizza crusts for retailers, foodservice distributors, and restaurants.

Food manufacturer B&G Foods aims to beef up its supply chain capabilities and offset inflation woes through the acquisition of Growers Express’ frozen vegetable manufacturing operations.

The purchase will allow users to leverage predictive intelligence to deliver improved product experiences, optimize content, increase organic search results, compare competitor pricing, monitor product availability, and track consumer ratings.

An agreement with Grupo Bimbo specifies that the purchase amounts to $1.3 billion, bringing nearly 6,000 associates, four manufacturing facilities, and several distribution channels under the Mondelēz umbrella.

Hasbro has made two leadership changes this week, first naming Shane Azzi as its new chief global supply chain officer. Additionally, Matt Austin is moving into the chief commercial officer role. The company also acquired D&D Beyond.

Diageo has made a couple of brand deals — offloading its Windsor whisky business and picking up flavored tequila company 21Seeds — as part of its strategy to invest in the growing premiumization trend.

Zebra Technologies is acquiring Matrox Imaging for $875 million, bringing into the fold automation and vision technology.

Spectrum Brands will acquire the home appliances and cookware categories of Tristar Products, intending to combine them with its home and personal care segment to create a new, standalone global appliance company.

Nestlé continues to direct investments toward the health and wellness market, with its latest move targeting the burgeoning plant-based market.

This is the latest step in Henkel’s strategy to build a single multi-category platform that combines its consumer brands and businesses, featuring brands such as Persil and Schwarzkopf.

Utz Brands is expanding its direct-store delivery capabilities with the acquisition of two of its distributors, marking the next step in its growth strategy.

Based in Italy, MindIT is spin-out from Bologna University and an algorithms and AI specialist.

Facteus has teamed with 1010data in a partnership expected to bring deeper insights surrounding transaction data for consumer goods and retail companies.

The ice cream company, which includes such names as FatBoy, Jolly Llama and ChurnBaby brands in its portfolio, was founded in 1925 and is based in Cache Valley, Utah.

Dig into today’s top three growth opportunities for CG companies with Tony Bender, president and CIO of Culligan International, the global manufacturer of water treatment and dispensing products.

Founded by Benoit Pagotto, Chris Le and Steven Vasilev, RTFKT (pronounced “artifact”) leverages blockchain and augmented reality to create digital sneakers and other artifacts for the metaverse.

L’Oréal expects the brand to record more than $50 million in sales this year.

P&G is growing its beauty and haircare reach, co-launching a new skincare brand with international health and beauty retail giant A.S. Watson Group and signing an agreement to acquire Ouai.