Reily Foods acquires New England Tea and Coffee
NEW ORLEANS — Reily Foods Co. on Monday announced the acquisition of independent coffee roaster New England Tea and Coffee Co. The terms of the deal were not disclosed.
The acquisition is not expected to change the daily operations of New England Tea and Coffee Co., which will operate as New England Tea and Coffee Co., LLC — a subsidiary of Reily Foods. Production and distribution activities will continue as usual at New England Coffee and no employee changes are expected.
"New England Coffee and Reily Foods are both multi-generation, family-owned companies with many shared values," said David Darragh, president and CEO of Reily Foods. "Both companies are passionate about producing great coffee, providing superior customer service and consumer value, and opportunities for its employees. New England Coffee enjoys a strong, well-earned reputation in the industry. We look forward to working with all of the New England Coffee Co. employees to achieve strong growth and expanded opportunities."
Reily Foods is based in New Orleans and has been operating since 1902. In addition to coffees and teas, the company also produces a variety of specialty brands across numerous categories, which include cake flour, seasonings, mayonnaise and salad dressings.
Back to Nature snags SnackWell’s
GREENWICH, Conn. — Back to Nature Foods Company on Monday announced that it has acquired SnackWell’s, a cookie and snack business, from Mondelez Global. The terms and conditions of the deal were not disclosed.
"We look forward to owning the SnackWell’s brand and integrating it into our Back to Nature organization," Vincent Fantegrossi, president and CEO of Back to Nature, said. "Its healthy attributes, loyal consumer base and strong distribution make SnackWell’s a very complementary product line offering to our Back to Nature products. SnackWell’s is an iconic brand, and we are excited about the potential that this acquisition brings to our company. SnackWell’s significantly increases our scale in the important cookie and cracker categories."
SnackWell’s was launched by Nabisco in 1992 and offers consumers a healthier snacking alternative. Its products include Creme Sandwich Cookies, Devil’s Food Cakes and Fudge Pretzels in portion-control sizes. SnackWell’s products have enjoyed a wide distribution in the United States through leading retailers.
Skimpy Mixers now available at select Walmart locations
DALLAS — Skimpy Mixers, a new drink mixer, will be available Dec. 26 to Jan. 2 at select Walmart locations across the nation as part of a limited-time only promotional launch. The mixers are made with real fruit juices and are low in sugar content and calories. The product will officially launch in February.
The company’s founders first came up with the idea while attending a friend’s Bachelorette pool party. They loved the drinks that were being served and were surprised that they couldn’t taste the alcohol content.
“When we tried to see how we could get more of the drink that was served it was not available and nothing like it was on the market,” Skimpy Mixers VP Krista LaMothe said. The founders soon learned that the beverages they were enjoying contained around 800 calories — a number they planned to avoid if they were to recreate the drink.
Skimpy Mixers are sweetened with real fruit juice concentrate so consumers get a more robust taste. “They are ‘lower in calorie,’ but they aren’t so low that they lack flavor. I drink regular soda and am not a diet cola drinker, so I wanted to make sure that our flavors taste like the real deal,” president and co-founder Megan Toole said.
The mixers come in five flavors: orange, berry lemonade, pineapple, Skimpy Margarita and Sweet ‘N’ Sour. Consumers can spot the Skimpy Mixers on store shelves thanks to their black-and-white Zebra-print bottle sleeves, according to the company.