Adrianne DeLuca
Posts by Adrianne DeLuca
Lipari Foods Acquired
Michigan-based distributor Lipari Foods announced today it has been acquired by Greenwich, Connecticut investment firm, Littlejohn & Co.
TIG Brands Uses Rolling Fund To Bridge Gap For Emerging Brands
The venture capital “Valley of Death” regularly kills off great-but-underfunded natural food and beverage brands trapped in its cycle, so TIG extended its platform to build a financial bridge.
The Checkout: Banza Commits To Regenerative Chickpeas; SFA Predicts Upcoming Trends
In this week’s roundup: Banza commits to transition chickpea acres to regenerative; SFA predicts upcoming 2023 trends; 12 Tides wants to give consumer kelp tattoos and Lotus Foods founders release a cookbook.
Kroger/Albertsons: State AGs Challenge Pre-Merger Transaction
A group of state attorneys general (AG) are challenging the impending, initial transaction outlined in the Kroger/Albertsons merger agreement – a dividend cash payment totaling nearly $4 billion.
Buddha Brands Seeks Next Growth Stage With New Capital
Buddha Brands aims to drive growth through its omni-channel distribution strategy with the support of a recent $5.25 million funding round led by the Quebec-based investment fund Fondaction.
Detour, Overnight Oats: Bar Brands Go To Auction
Forward Foods LLC, parent company to bar brands Overnight Oats and Detour, will undergo a public foreclosure and sell all assets of the two brands at auction tomorrow.
XCJ Aims To Expand Reach For Authentic Frozen Chinese Street Food
Frozen Chinese food brand Xiao Chi Jie (XCJ) announced it closed a $10 million funding round to expand the accessibility of its CPG Chinese food line with the end-goal of building a generational, omni-channel Chinese food brand.
News Roundup: Whole Foods Releases 2023 Trend Predictions; Ingredion Measures Sustainability With HowGood
In this week’s roundup: Whole Foods predicts sustainability to be a consistent theme among 2023 food trends; Ingredion announces a partnership with HowGood; Wicked Kitchen opens a fully plant-based concession stand and more.
BelliWelli Moves Beyond Its Backyard With D2C Intel
Gut-friendly snackbar brand BelliWelli is making its first major foray into retail with a national rollout at Sprouts this week after primarily selling its probiotic, low FODMAP-certified snack bars direct-to-consumer sales for the past year.
Beyond Meat v. Don Lee: All Claims Dismissed As Settlement Reached
Five years since Don Lee Farms first sued Beyond Meat, four months since it alleged “something is really wrong” at the alt-meat brand, and three days into the trial proceedings, the plant-based meat brand and its former co-manufacturer have reached a settlement.