Michigan’s Imperial Beverage acquires Bayside Beverage’s beer business

A pair of Michigan-based MillerCoors distributors are consolidating their beer businesses. Kalamazoo-headquartered Imperial Beverage today announced that, after five months of negotiating, it had acquired Bayside Beverage, the beer division of Highland Park-based Great Lakes Wine & Spirits. Financial terms of the deal, which closed on March 9, were not disclosed.

Speaking to Brewbound, Larry Cekola, Imperial’s VP of sales and marketing, said the deal would add about 220,000 case equivalents to Imperial’s existing 3 million case beer and wine business. He added that about 65 percent of Imperial’s business is in beer.

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General Mills Buying Blue Buffalo

General Mills is the latest mainstream food company to get into pet foods, today (Feb. 23) announcing it will buy Blue Buffalo Pet Products Inc. for $8 billion. The buyer claims it “establishes General Mills as the leader in the U.S. wholesome natural pet food category, the fastest growing portion of the overall pet food market, and accelerates its portfolio reshaping strategy.”

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Tyson Foods invests in lab-grown meat

Tyson Ventures, the venture capital arm of Tyson Foods, Inc., has invested in Memphis Meats, a manufacturer of cultured meat produced directly from animal cells. Financial terms of the investment were not disclosed, but Tyson said its investment represents a minority stake in the business.

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Hostess acquires certain Aryzta breakfast assets

Hostess Brands, Inc. has acquired certain U.S. assets of Aryzta L.L.C., including one of the company’s Chicago Cloverhill bakery facilities and its Big Texas and Cloverhill brands. Additionally, the transaction includes supply partnerships with some of Hostess’ key retailers.

Financial terms of the transaction were not disclosed.

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