Brad Avery
Posts by Brad Avery
They’re HERE: Nothing Spooky About These Real-World A.I. Uses in CPG
In between the grandiose visions of the A.I. future that have dominated the discourse, and the heaps of investment dollars flooding the sector, these programs are already being integrated into many aspects of life and business.
Ghost, General Mills Bring Nostalgic Focus to Protein Cereal Category
Why is a performance energy and protein brand expanding into the breakfast set? Ghost Lifestyle co-founder, CEO and self-described “cereal aficionado” Daniel Lourenco said “that’s the easiest question of all.”
Green Circle: Are Plant-Protein’s ‘High’ Costs Overstated?
A new report by Green Circle Capital Advisors is arguing that perception around plant-based protein costs being higher than their animal-based counterparts is inaccurate once you consider the actual protein content of meats and dairy products.
Whole Foods to Open Mini “Daily Shop” Stores in New York
The Amazon-owned grocery chain announced today that it will begin opening up new “small-format” stores, called Whole Foods Market Daily Shop, for quick trips in several urban markets, beginning with a Manhattan location this fall.
DayDayCook Wants to Become the “General Mills for Asian Food”
When Norma Chu founded DayDayCook in 2012, the Hong Kong-based company was simply an online recipe sharing platform. Twelve years later, with Chu still at the helm as CEO, it’s become a publicly traded global CPG portfolio business specializing in Asian food brands.
Rainforest Distribution Acquires New England Distributor Associated Buyers
Rainforest Distribution Corp. has acquired New England natural and specialty foods distributor Associated Buyers, the companies announced this week. According to a press release, the companies will take roughly two months to transition the Associated Buyers’ network into the Rainforest system.
Danone to Divest Horizon Organic, Wallaby to Private Equity Firm
Danone has found a buyer for its premium dairy brands Horizon Organic and Wallaby, announcing today it has agreed to sell the businesses to investment firm Platinum Equity.
DayDayCook Acquires Yai’s Thai
Hong Kong-based DDC Enterprise, which operates the DayDayCook brand, announced today it has acquired Thai American foods brand Yai’s Thai for an undisclosed sum, further expanding its presence in the U.S. market.
Springdale GP: “Creator Space” and Authenticity Key to Investing Strategy
After announcing the closing of its $40 million Fund II yesterday, venture capital firm Springdale Ventures is looking to “double down” on its early stage CPG investment strategy in the new year.
Springdale Ventures Closes $40M Fund II
Founded in 2019, Springdale is a consumer products-focused firm whose portfolio includes over 40 brands, including food and beverage companies such as Better Booch, KOS, Mr. Beast’s Feastables, BEATBOX, and better-for-you snack brand GOODLES.