Lassonde Industries Inc., Rougemont, Quebec, posted sales of $315 million in the third quarter of 2014, marking a 22.3 percent increase compared with the prior-year period. Sales for the third quarter included the Apple & Eve LLC (A&E) portfolio, which was acquired earlier this year. Profit attributable to the company's shareholders for this period totaled $10.6 million, reflecting a decrease of $600,000 from the third quarter of 2013.
Company adds glass package manufacturing capabilities and distribution territory
Dr Pepper Snapple Group (DPS), Plano, Texas, completed its acquisition of the business assets of Bethlehem, Pa.-based Davis Beverage Group and Davis Bottling Co. The acquisition includes a 42-county distribution territory covering most of the eastern half of Pennsylvania, excluding the Philadelphia area, as well as western and central New Jersey.
Acquisition will increase Avanzar’s distribution footprint in Southern California and the Southwest
Level 5 Beverage Co. Inc., a Houston, Texas-based subsidiary of Minerco Resources Inc., acquired a controlling interest in Avanzar Sales and Distribution LLC, Brea, Calif.
Acquisition will expand Ingredion’s specialty ingredients portfolio
Westchester, Ill.-based Ingredion Inc., a global ingredients solutions provider specializing in nature-based sweeteners, starches and nutrition ingredients, entered into a definitive agreement to acquire Penford Corp., a Centennial, Colo.-based leader in specialty ingredients for food and non-food applications.
New brands to expand WhiteWave’s plant-based food and beverages platform
The WhiteWave Foods Co., Broomfield, Colo., announced that it has agreed to acquire So Delicious Dairy Free, Eugene, Ore., from its existing shareholders, led by Wasserstein & Co., for approximately $195 million in cash.
Kyowa Hakko USA Inc., New York, announced the results of a randomized, double-blind, placebo-controlled human clinical trial conducted by The Brain Institute at the University of Utah.
Acquisition includes Drambuie whisky liqueur brand
Premium spirits business and independent Scottish family distillers William Grant & Sons Holdings Ltd., New York, acquired the Drambuie Liqueur Co. Ltd., the Glasgow, Scotland-based owner of the Drambuie whisky liqueur brand.