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Food and beverage industry news.
SG Credit Partners Announces A Senior Debt Investment in The Good Crisp Company
SG Credit Partners, through its SG Consumer Products division, is thrilled to announce its partnership with The Good Crisp Company, a dynamic brand of better-for-you snacks that deliver in taste without guilt.
Fresh Catch: Wicked Kitchen Acquires Plant-Seafood Maker Current Foods in Cashless Deal
Wicked Kitchen has acquired plant-based “raw” seafood provider Current Foods, a transaction that deepens the company’s food service offerings and grows its portfolio of plant-based products following its 2022 acquisition of Good Catch. Exact terms of the non-cash deal were not disclosed.
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Berger Does Bark: Former Hershey’s Brand Launches New Snack Line
Scharffen Berger is going deeper into snacking with the launch of BREAKS chocolate bark, offering the chocolatier and its president a chance to take on its former owner and employer, respectively.
8 Myles Raises $1.05M, Rebrands and Introduces New Line of Premium Clean Mac & Cheese
8 Myles, a comfort food brand changing the landscape of frozen foods through the marriage of clean convenience and quality comfort, has raised $1.05 million and rebranded as Myles Comfort Foods.
KeHE Reimagines the In-Store Shopping Experience with Smart Shelf Tags
KeHE, one of the largest distributors of natural and organic, specialty, and fresh products, has partnered with Cornerstone Consulting and its brand Cornerstone for Natural to enable a tech-forward experience for suppliers, retailers, and consumers with Smart Shelf Tags.
News Roundup: PepsiCo Brings Back Impacto Program; Sweets and Snacks Are “Accessible Luxuries”
In this week’s roundup: PepsiCo opens Impacto Accelerator applications; Acosta dubs sweets and snacks ‘accessible luxuries;’ All Yall’s Food brings on its first investor and a food safety lawyer launched campaign against Salmonella in poultry.
Regulatory Rundown: Here’s Where USDA Priorities Overlap CPG
The USDA’s purview is regulating agricultural products and livestock that become food, but its reach in the industry stretches into other areas of health, nutrition, food access and safety. Here is a brief explainer about some of the current administration’s priorities pertaining to CPG food.
Notable New Products: Upcycled Grain English Muffins & On-the-Go Cottage Cheese Medleys
In this week’s notable new products roundup, Bob’s Red Mill takes inspiration from an ice cream parlor favorite, Rumiano unveils a new look for its cheese products and Dr. Praeger’s launches a new littles flavor.
The NOSH Podcast: This Is How To Think Like An Insurgent Brand
On this week’s show, the team chats about viral candy trends, the U.S. Senate’s sweet tooth and how one company is thinking about category expansion. Later, Bain & Company VP of Consumer Products practice, Charlotte Apps, discusses details from the firm’s recent Insurgent Brands report.
The VC Playbook Won’t Work For Regen – So What Will?
Most regen food startups have pioneered their own sourcing networks, starting from the ground up to support seed-to-shelf regenerative agriculture systems – and these operations that take a bit of initial capital to get going. While venture money is already in short supply, it seems even harder to come by in this space.