The acquisition marks a major step forward for Midas Foods, aligning with its strategy to establish a national manufacturing footprint and broaden its offerings to include retail packaging, shaker bottles, and more.
Their products are sold at leading national retailers under the Furlani brand, and as private label and food service brands. Furlani is also the number one brand of pre-packaged garlic breads in Canada.
noosa is a leading manufacturer and marketer of premium whole-milk, Australian-style yogurt products, known for its rich, creamy texture and unique flavors.
Sabra and Obela are currently 50/50 joint ventures that had been formed between PepsiCo and Strauss Group to manufacture, distribute, and sell refrigerated dips and spreads.
"We are delighted to welcome our new colleagues from CP Kelco, as well as its customers and partners to Tate & Lyle. This is an exciting time for both businesses as we come together to create a new and compelling proposition for our customers," said Nick Hampton, chief executive officer, Tate & Lyle.
The strategic transaction provides Celsius with a 170,000sq-ft, modern manufacturing and warehouse facility that is expected to provide greater supply chain control, quicker innovation cycles and greater production flexibility.
Founded in 2019 by social media personality Maxx Chewning, Sour Strips set out to invigorate the sour candy category with a distinctive product that combines sour flavors with innovative branding to elevate the candy experience.
FITCRUNCH was founded in 2012 by Bakery Barn, a high-quality active nutrition manufacturer, and Robert Irvine. FITCRUNCH’s growing assortment of high-protein snacks, including bars, wafers and powders caters to fitness enthusiasts and everyday consumers looking to enhance their diets.
As the dust settles on this deal, the company is also ushering in the next generation of Trainas to the helm. This expansion and succession demonstrates Traina Foods' commitment to keeping the fires of traditional Italian sun-drying burning bright.