Lukas Southard

Kellanova reported “better-than-expected results” marked by flat net sales and higher profits in its first full quarter since The Kellogg’s Company split the snacks, meals, frozen and international business from its domestic cereal brands.

SNAC International discussed its approach to the FDA’s 2024 regulatory agenda pertaining to sodium reduction, food labeling and processed foods and also made predictions on how flavor and function might play into bringing new consumers to the category.

Boston-based Jaju Pierogi has slowly built a “grassroots” brand and in the process learned the ups-and-downs of getting bigger and carving out a niche in the frozen dumpling category.

Alter Eco has shifted hands once again. Today, Texas-based investment firm Trek One Capital announced it has acquired the Fair Trade, regenerative confections and pantry staples producer. The deal closed on December 22, and terms were not disclosed.

The co-founders of Singing Pastures Farm talked to Nosh about bringing the message of regeneratively farmed and pasture-raised pork to the meat snacks category.

California-based FreshRealm announced this morning it had acquired the U.S. operational assets and supply chain infrastructure of global meal kit provider Marley Spoon for $24 million.

CPG industry veteran Craig Dubitsky launched today a new coffee brand called happy products that seeks to pair a philanthropic mission and unique business structure with the clout of a recognizable face to compete in the $17 billion coffee category.

Financial advisory firm Solomon Partners reported its expectations for M&A activity in food and beverage this year with a slow escalation in acquisitions as inflation recedes and the Fed lowers interest rates.

Cereal and snack maker Catalina Crunch is looking to a future beyond the keto-friendly category by appointing a seasoned CPG executive as CEO last week and shifting its positioning from diabetic and weight-conscious consumers to the fitness-focused community.

Food technology company Voyage Foods ended 2023 with a nearly $22 million payday that was filed with the SEC on December 29. The new capital comes from previous investors Valor Equity Partners, Horizons Ventures, UBS O’Connor and Level One Fund.