Carol Ortenberg
Posts by Carol Ortenberg
Tessemae’s Files for Chapter 11, Seeks to End ‘Distracting Litigation’
Wrestling with debt and litigation, down to a small fraction of its workers, its two factories shuttered, condiment company Tessemae’s announced today it will voluntarily file for Chapter 11 bankruptcy in order to restructure the company.
Union Kitchen Lays Off Workers
After announcing the launch of a new investment fund in May 2022, Washington, D.C.-based Union Kitchen has laid off its sales and marketing team as part of a corporate reorganization.
Strvye Co-founders Reunite to Acquire and Invest in Emerging Brands
Ultimately the holding company plans to have four entities in the company’s portfolio, two of which are already accounted for: egg white-based chip company Quevos and supplement and energy drink brand ProSupps.
Food Should Taste Good Acquired by From The Ground Up Parent Company
Powered by Real Food From the Ground Up continues to expand its salty snack business with the acquisition of tortilla chip brand Food Should Taste Good from General Mills.
Birch Benders Acquired By Hometown Foods As Sovos Narrows Focus
Less than two years after the baking mix brand was sold to Sovos Brands, Birch Benders announced today it has been acquired by baking platform Hometown Food Company.
Maple Leaf Restructures Alt-Protein Business, Partners With Better Meat
Under the leadership of Adam Grogan, meat juggernaut Maple Leaf Farms is broadening how it looks at the alt-protein category by partnering with The Better Meat Co. and exploring new food-tech offerings.
With New CEO Onboard, Caulipower Looks to Further Build Platform in 2023
Under the guidance of new CEO Marc Seguin and founder Gail Becker, veggie-based frozen food brand Caulipower is honing its messaging, innovation efforts and sales strategy in order to drive growth in 2023
Ample Hills Runs into Financial Roadblocks, Shutters Operations
Ice cream maker Ample Hills is temporarily closing in a last-ditch attempt to secure critical financing to continue operations, the company stated in a letter posted to its website on Monday.
Could Daily Harvest Be Coming to Your Local Grocery?
Several job postings indicate that direct-to-consumer frozen meal company Daily Harvest will enter brick-and-mortar retail.
Cometeer: Layoffs Hits Across Departments at Flash-Frozen Coffee Brand
Cometeer, the Massachusetts-based maker of flash-frozen coffee pods, laid off a number of employees across departments last week in a move sources described as an attempt to cut costs. The innovation-focused startup, founded in 2015 by CEO Matt Roberts and CTO Douglas Hoon, had grown to over 100 employees this year, following a $35 million… Read more »