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January 19, 2021

BRANDS

Utz Brands to acquire Vitner’s snack brand

FoodBusinessNews
HANOVER, PA. — Utz Brands, Inc. has entered into a definitive agreement to acquire certain assets related to the Vitner’s snack brand from Snak-King Corp. for a total purchase price of $25 million. The transaction includes the intellectual property, including the Vitner’s trademark, and direct-store delivery distribution assets related to......

Hershey labeling of One Brands product under fire

FoodBusinessNews
SAN MATEO, CALIF. — The Cookie Department, Inc., a Berkeley, Calif.-based nutrition cookie company, has filed a lawsuit against The Hershey Co. and One Brands LLC, accusing the companies of infringing on its “Tough Cookie” registered trademark. As part of the complaint filed Dec. 23 in the US District Court......

TreeHouse finalizes purchase of pasta brands

FoodBusinessNews
OAK BROOK, ILL. — TreeHouse Foods on Dec. 11 completed the acquisition of several regional pasta brands from Riviana Foods, a business unit of Ebro Foods, Madrid, Spain, for $242.5 million. The acquisition included the following regional pasta brands: Skinner, No Yolks, American Beauty, Creamette, San Giorgio, Prince and Light......

Businesses And Brands Have To Re-Paint Their Logos In Kyoto Due To City’s Strict Landscaping Guidelines And Here’s How It Looks (12 Examples)

IA
Kyoto—Japan’s former capital city for more than a millennium—is one of the oldest cities in the country that has a rich culture and deeply entrenched traditions. Loved by tourists and locals alike, the city has managed to seamlessly combine modernity with ancient traditions. What’s even more interesting about Kyoto is......

Shoppers switching brands to save money

FoodBusinessNews
WINSTON-SALEM, NC. — Six in 10 consumers have switched purchase loyalty to less expensive brands since the start of the coronavirus (COVID-19) pandemic, according to survey data released by Inmar Intelligence. The technology services company surveyed 1,000 consumers in November and found promotions are top of mind during the pandemic.......

Hostess Brands files motion to dismiss Donettes labeling lawsuit

FoodBusinessNews
SAN FRANCISCO — Hostess Brands, Inc. on Dec. 1 filed a motion with the US District Court Northern District of California requesting the court dismiss a complaint against the Kansas City-based company related to labeling on carrot cake mini donuts sold under the Donettes brand. Elena Lauchung-Nacarino, the plaintiff in......

Declining fear of fat fuels growth for brands

FoodBusinessNews
LONDON — Younger consumers are losing their fear of fat, according to a report from New Nutrition Business. The five-year study found younger consumers are more open to the idea that fat is not bad, with a higher number of younger consumers seeking to eat more healthy fats than older......

TreeHouse to acquire some US pasta brands from Riviana Foods

FoodBusinessNews
OAK BROOK, ILL. — TreeHouse Foods, Inc. will acquire a majority of the US branded pasta business of Riviana Foods, Houston, Texas, for $242.5 million. Several regional pasta brands will be a part of the transaction, but it will not include Riviana’s Ronzoni national brand. Riviana Foods is a business......

Benestar Brands purchases Pretzilla

FoodBusinessNews
DALLAS — Benestar Brands, LLC, a portfolio company of private investment firm Highlander Partners, LP, has acquired Miller Baking Co., manufacturer of Pretzilla branded soft pretzel bites and buns. Financial terms of the transaction were not disclosed. Based in Milwaukee, Miller Baking Co. introduced the Pretzilla brand in 2010 after......

Taco Bell drives Yum! Brands’ recovery

FoodBusinessNews
LOUISVILLE, KY. — Yum! Brands, Inc.’s third-quarter results were lifted by strength in the Taco Bell brand, which saw continued off-premises momentum even as it lost business in the breakfast daypart. Net income for the third quarter ended Sept. 30 was $283 million, equal to 94¢ per share on the......

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