The Ferrero Group has finalized the purchase of Nestlé USA Inc.’s confectionery business, a deal that first was announced in mid-January and was estimated to be valued at $2.8 billion. The closing of the acquisition adds more than 20 U.S. brands into the Ferrero portfolio, including Butterfinger, Baby Ruth, 100 Grand, Wonka and the exclusive […]
Category: Snacks Brands
Campbell Completes Snyder’s-Lance Acquisition, Creates Snacks Division
Campbell Soup Co. has completed the acquisition of Snyder’s-Lance Inc. for $50 per share in an all-cash transaction, which represents an enterprise value of approximately $6.1 billion. “Snyder’s-Lance represents a strategic and transformative acquisition for Campbell, creating a $10 billion company with nearly half of our annual net sales in the faster-growing snacks category,” said […]
RifRaf Ricotta Snack Cups Launching In Select Whole Foods Stores
RifRaf Ricotta Cups—a first-of-its-kind ricotta cheese snack, according to startup company RifRaf—are coming to the dairy aisle at select Whole Foods Market stores. Combining spoonable, lightly cultured whole milk ricotta and a sidecar of flavored jams and honeys, RifRaf hopes to “upset an otherwise uniform yogurt category.” The Ricotta Cups will launch in five inaugural flavors: […]
Café Valley, Hershey Launch Chocolate Cheesecake Brownie Bites
Café Valley is partnering with The Hershey Co. to introduce a snack-size coffee cake bite that is equal parts brownie and cheesecake made with Hershey’s chocolate. Café Valley Chocolate Cheesecake Brownie Bites are set to hit grocery, convenience and club store shelves next month in 11.6-oz., clear plastic packages containing 12 brownie bites per case. The […]
7-Eleven Expands Packaged Bakery Lineup With Mexican Sweet Breads
7-Eleven Inc. is expanding its offering of Hispanic packaged bakery items nationwide and introducing its new 7-Select private brand line after months of testing in Mexico and Texas. Three traditional Mexican sweet bread options are being offered at participating stores. The new offerings are: Panquecitos: Soft and sweet vanilla mini loaf cakes Roles de Canela: Cinnamon rolls with raisins Panque con […]
Unilever Enters Organic Snack Category With Growing Roots Brand
Unilever is launching Growing Roots, an organic, plant-based snack brand with a social mission. The company will donate half of all Growing Roots’ profits to support Unilever’s urban farming partnerships. The brand builds on Unilever’s multi-year urban farming commitment, which establishes and funds partnerships to unlock access to fresh foods and nutrition education in communities […]
Blue Moose Of Boulder Hummus Now Certified Organic
Blue Moose of Boulder, a manufacturer of better-for-you snacks, has received USDA Organic certification for its hummus line. “Receiving USDA Organic certification is a very proud moment for our company,” said Tenley Satre, president of Blue Moose. “We’ve always prided ourselves on using high-quality, all-natural ingredients in our hummus, and this certification reaffirms our dedication to that. We are […]
Sabra Dipping Co. Updates Logo, Packaging For Its Hummus Line
Sabra Dipping Co. is bringing a fresh look to its hummus. The re-branding includes an updated logo, restyled label design and original on-pack photography highlighting the fresh, plant-based ingredients in Sabra products. The new packaging will begin hitting retail shelves in late February. “We are thrilled to introduce a fresh look for Sabra at an […]
