Carol Ortenberg

Animal-free dairy ingredient provider Perfect Day has sold The Urgent Company, its consumer business platform, to publicly traded TRxADE, which is currently also undergoing a reverse merger with food technology and distribution company Superlatus

Boxed.com is getting a second chance, with regional distributor MSG buying up the beleaguered online bulk food and household goods provider, the company announced today.

Armed with a new investment from Fifth Growth Fund (FGF), social media stars the D’Amelios are hoping that their 200 million TikTok followers follow them into CPG with the launch of Be Happy Snacks this fall.

Grocery chain consolidation continues: ALDI has announced today it is acquiring Southeastern stores Winn-Dixie and Harveys from Southeastern Grocers (SEG).

Kraft Heinz’s executive suite is set for a changing of the guard in 2024, as the company announced today that Carlos Abrams-Rivera, its EVP and president of the North America Zone, will take over as CEO.

Rice, beans and sauce brand A Dozen Cousins has raised new capital, with investors including Emil Capital Partners, RCV Frontline and CPG executive John Foraker taking part.

In its ongoing quest to elevate the humble chickpea, Banza is looking to a new meal: breakfast. The company is adding frozen waffles to its roster of fiber-rich foods.

The Campbell Soup Company has picked up publicly traded Sovos Brands, makers of the Raos’ Michael Angelo’s and Noosa lines of products, in order to expand into the ultra premium sauce set and further strengthen its efforts outside of soup and snacks.

The Campbell Soup company announced this morning its intention to purchase Sovos Brands, the owner of Rao’s, Michael Angelo’s and Noosa Yogurt.

Perfect Day has laid off roughly 15% of its workforce as it moves to exit its consumer-facing business, The Urgent Company (TUC), in order to focus solely on its B2B ingredient sales and nth bio “consulting” precision fermentation business.