Headlines
PE-Backed Turri’s Adds Joseph’s Premium Frozen Products
Benford Capital Partners-owned Turri’s Italian Foods has acquired Joseph’s Gourmet Pasta from LaSalle Capital in a deal announced on Tuesday.
Mondelēz Signals New Wave of Price Hikes Amid ‘Unprecedented’ Cocoa Inflation
Rising sales in Europe helped offset weak domestic demand for Mondelēz International’s chocolate and biscuit products during the second quarter.
Righteous Felon Rides Meat Stick ‘Rocket Ship’ To New Heights
Known for its craft beef jerky, Righteous Felon has spent the last few years reallocating resources toward its meat stick offerings, with sales rapidly growing as a result.
Marketing: Baked By Melissa Teams Up With SunChips
Famed New York City bakery brand Baked By Melissa is no stranger to unconventional collaborations. The cupcake maker’s mash-up with Frito-Lay brand SunChips is just the latest in a series of partnerships with popular savory brands.
Welch’s Names Cees Talma as CEO, Effective Immediately
Welch’s, the 156-year-old juice and jelly manufacturer, has named Cees Talma as its new CEO, replacing outgoing chief executive Trevor Bynum, effective immediately. Talma has held a number of CPG leadership roles in a three-decade career.
U.S. Food Manufacturing Is Growing, But Can It Continue?
Today, Mars, Inc. emphasized its commitment to U.S.-made food with a $2 billion investment to grow operations by the end of 2026. But before the current administration takes credit for turning the tide on food investment overall, it makes sense to note that the U.S. food manufacturing sector was already growing
Starco Brands to Acquire Co-Manufacturer in Push for Vertical Integration
Starco Brands has executed a letter of intent to acquire its contract manufacturers, The Starco Group (TSG), aiming to create a vertically integrated CPG platform.
Longevity Supplement Brand Launches Into Bar Category
Longevity supplement maker NOVOS Labs has launched into the bar category with its first food product aimed at combating aging.
Smucker, Chubby Snacks Settle Trademark Suit
The J.M. Smucker Company has settled its lawsuit accusing now-defunct frozen sandwich startup Chubby Snacks of false advertising, trademark violations and disparagement in “years of advertising designed to tarnish the name and reputation” of Smucker’s competing Uncrustables brand.
Warburg Pincus Acquires Natural Flavors Supplier FlavorSum
Private equity firm Warburg Pincus today announced it has agreed to acquire FlavorSum, a supplier of natural flavors and extracts, from global investment firm The Riverside Company. Financial terms were not disclosed.