Lukas Southard

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.

SPINS released its “2024 Trends Predictions” full of insights on where the natural products industry might be heading this year including the state of promotional pricing, sustainability claims, healthy eating trends, the evolution of global flavors, and a temperature check on plant-based.

Weaver Holdings, the largest manufacturer of popcorn in the U.S., was acquired by AUA Private Equity Partners for an undisclosed amount. The PE firm has a history of acquiring food manufacturers and aims to inject “efficiency” into the fourth-generation, family-owned business.

For over 10 years, Feel Good Foods has steadily grown its gluten-free frozen snack brand but has now for the first time revamped its packaging while also launching several new products to bring it to a broader swathe of retailers and consumers.

Moving from the executive suite to the consulting table is not always smooth. Former co-founder of Barnana and ex-CEO of keto-friendly bar company CanDo Matt Clifford talked about what he is doing now, his new perspective on the industry and the trends he is keeping an eye on in 2024.

Blackbird Foods is utilizing its foundation in foodservice and a self-manufacturing production model to build a frozen vegan food brand that aims to “displace conventional animal products.”