Carol Ortenberg
Posts by Carol Ortenberg
Partake Foods Closes Round, Expands into New Category
Allergen-friendly snack brand Partake Foods today announced it had raised $4.8 million from investors including Marcy Venture Partners, FF2032 (the investment arm of Lotus Bakeries), CircleUp Growth Partners, and others. The investment comes after the brand announced earlier this week that it would expand beyond the cookie category, launching an all-purpose baking mix.
Snacking Giant Mondelēz Acquires Hu
Today snacking and confection powerhouse Mondelēz International announced it was acquiring Hu Master Holdings, the parent company of Hu Products. In 2019 Mondelēz took a minority stake in the company, which included a right of first refusal to acquire the company in an eventual sale. Hu will operate as a separate business, continuing to produce all products at current manufacturing facilities.
Watch: Bob Burke’s Advice for Setting Goals in 2021
In this session from NOSH Live Winter 2020, Bob Burke recaps the changes the past year (and the Covid-19 pandemic) have brought to the natural foods industry, and advises brands what “resolutions” to set for the upcoming year.
GoodFish Closes Funding for Salmon-Based Snacks
For GoodFish, despite the Covid-19 pandemic, things are going swimmingly. The company announced today it had closed $4 million in funding in a round led by Siddhi Capital.
FDA Sends Warning Letter to Whole Foods for “Repeated Recalls”
In an unprecedented step, the FDA today announced via a news alert that it had sent a warning letter to Whole Foods Market for “engaging in a pattern” of receiving and selling misbranded store brand food products that did not carry appropriate allergen warnings.
After Focusing on “Consistency,” Kite Hill Launches New Lines
Technology has begun to catch up to plant-based dairy. As alternatives to traditional yogurt, ice cream, and cheese have entered the market en masse, variety has been restricted by manufacturing advances. But plant-based category leader Kite Hill is betting that process improvements will allow it to fully realize the benefits of a slate of new products for 2021.
Peckish Acquired, Sonoma Brands Invests in New Owner
An emerging new brand is flying the coop. Snackable egg concept Peckish has been acquired by Egg Innovations in an all stock deal. As part of the transaction, former Peckish owner and creator Sonoma Brands has become an equity holder in Egg Innovations, which also is the owner of the Blue Sky Family Farms line… Read more »
NOSH Presents: Market Share with Jodi Benson of General Mills
In this episode of Market Share, host Carol Ortenberg, the editor of NOSH, will talk with Jodi Benson, Chief Innovation, Technology and Quality Officer for General Mills. They’ll discuss how Jodi marries product innovation with consumer trends to create a balance that both is approachable but yet also pushes the company forward.
Watch: Nutrition Bars Category Close-Up: Product Showcase
In yesterday’s Expert Analysis, we brought together a group of industry authorities to discuss the consumer behaviors, investment activity and retailer attitudes that are impacting the bar set. Now, we’re hearing from the brands.
Watch: Nutrition Bars Category Close-Up, Expert Analysis
In this edition of Category Close-Up, a video series available exclusively to BevNET and NOSH subscribers, we’ll take a deep dive into the trends and news that have shaped the bar category in 2020. In today’s Expert Analysis part of the series, you’ll hear from a group of authorities about the consumer behaviors, investment activity and retailer attitudes that are impacting the bar set.