CPG Week: A Spirits Distributor Exits California. Plus, AG1 Hits Costco
In this episode:
This week, the podcast team discusses the merger of two legacy cheesemakers and the exit of a major beverage alcohol distributor from a key spirits market. Next, the hosts dig into the debut of digitally-native supplement brand AG1 in physical retail and explore why the news of an energy drink startup’s new investor brings fresh opportunities for its growth goals.
Show Highlights:
0:15 – Two cheese makers are having a pretty gouda week. Nosh managing editor Monica Watrous unwraps the details of Sartori’s acquisition of organic cheese and butter producer Rumiano.
1:30 – The country’s second-largest beverage-alcohol distributor, Republic National Distributing Company (RNDC), is shuttering its operations in California after losing several major suppliers. Senior reporter Lukas Southard explains what this could spell for the industry.
2:40 – AG1, formerly Athletic Greens, is making its first foray onto retail shelves. Monica shares why the supplement brand’s new Costco partnership is a big deal.
4:35 – InvestBev Group announced it was one of the investors in Lucky Energy’s latest $14.2 million round. Lukas explains how the private equity firm plans to support the beverage startup in a growing but competitive category.
6:30 – Mike’s Hot Honey partners with Burt’s Bees on lip balm, Hefty introduces birthday cake scented trash bags, and the founder of a premium spice company spotted his brand’s items in a popular television show.
About CPG Week
CPG Week is the podcast that explores the latest happenings in the consumer packaged goods industry. Join our seasoned reporting team as they dish out the week’s stories in quick, easy-to-digest episodes. Catch up on the top headlines of the week, dive into exclusive insights with the BevNET and Nosh teams, and set yourself up to make more informed business decisions. Tune in to stay up-to-date on the latest developments in the dynamic world of packaged food and beverage.
New episodes are released every week. Send us comments and suggestions anytime to cpgweek@nosh.com.
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