Headlines
Post Starbucks, La Boulangerie Brews Business; Bakes CPG Line
When owner Pascal Rigo bought back his bakery brand, formerly La Boulange, from the Seattle-based coffee company in 2015, he quickly got to work. Now, the beloved San Francisco-based chain is reopening its retail stores, rebuilding its private label presence, and launching its own branded CPG line in Costco.
5 Takeaways From IRI’s ‘State of Snack’ Report
While at the Sweets and Snacks Conference in Chicago, Illinois, IRI snack industry expert Sally Lyons Wyatt reported on the “state of snack,” sharing the group’s latest research on 2016 category performances and marketplace predictions for 2017. Here are five noteworthy takeaways from her report.
ECRM Acquires RangeMe to Better Buying On and Offline
Tuesday morning, ECRM announced the acquisition of tech company RangeMe, a software that allows buyers to discover new CPG products based on specific criteria.
NOSH Voices: Why Small Deals Are a Big Deal
In this NOSH Voices column, Jake Calaba, the Head of Institutional Business at CircleUp, examines recent M&A trends and asks the question, “What’s happening in consumer markets for investors and businesses?”
Nona Lim Soups Up Ready-To-Sip Line with $3M Raise
Asian-inspired food brand Nona Lim announced Monday the closing of a $3 million round of funding. Led by Harbinger Ventures, the round also included Echo Capital Group, Navama & Kouffman LCC, CircleUp and Cambridge Companies SPG as investors
Sweets and Snacks: NOSH Talks Top Trends
Last week, the NOSH team trekked through a real-life Candy Land during the 20th annual Sweets and Snacks Expo in Chicago, Illinois, in search of the latest trends in treats– and now they’re sharing their findings with the BevNET podcast.
Post Investment, GeeFree Bakes Up Success
GeeFree was founded in 2013 by partners Susan Hougui, a food consultant, and Steven Leyva, a baker. The duo baked the business from there, growing the company to about $500,000 in sales in its second year. Then in March 2017, Billy Procida, founder of the multi-billion dollar real estate investment group Procida Funding & Advisors, invested $1 million dollars for half the company. Now post investment, the company said it’s already seeing a tenfold increase in its month-to-month sales from March to May thanks in part to a new COO and a ramped-up marketing campaign.
Big Brands Look to Small in Recent Deals
Big strategics looked to both invest and acquire in the past two weeks, looking to a fund, a coffee company, and a delivery platform for revenue expansion. Here’s a look at the deals:
Innovation Fueling 15 Most Well-Funded Startups
A list compiled by market research firm CB Insights of the 15 most well-funded venture capital-backed food and beverage startups reveals the increasing value placed on brands that are offering healthier choices and disrupting established categories like meat and dairy and innovating with plant-based offerings.
Sweet & Snacks: Big Candy Goes For Small Portions, Transparency
At this year’s Sweets and Snacks Expo in Chicago, Illinois, Mars Chocolate, Wrigley, Nestlé, Ferrero, Lindt, Ghirardelli, Russell Stover and Ferrara Candy Company highlighted their new pledge to educate consumers about the portions and calorie counts of their treats. The five-year plan, led by the National Confectioners Association (NCA) and Partnership for a Healthier America (PHA), recognizes that while candy is “always a treat,” sweets can still fit into a healthy lifestyle.









