CPG Week: KDP’s Plans For Peet’s And Painterland Sisters’ Fresh Funding
In this episode:
In this episode of CPG Week, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss Keurig Dr Pepper’s post-acquisition plans for the JDE Peet’s business, new funding for yogurt maker Painterland Sisters and alt-protein producer The Better Meat Company, and the decision behind Spindrift’s exit from the beverage alcohol category.
Show Highlights:
0:15 – Keurig Dr Pepper is buying Netherlands-based coffee conglomerate JDE Peet’s for $18 billion. Lukas digs into the details of the transaction.
4:00 – Yogurt maker Painterland Sisters has closed a seven-figure funding round to support retail expansion. Monica discusses the brand’s trajectory.
5:10 – Spindrift is discontinuing its spiked seltzer line. Is it a sign of the sober-curious times?
6:10 – The Better Meat Company cooked up an oversubscribed $31 million Series A round to scale its mycoprotein ingredient and expects to compete with commodity ground beef.
7:15 – Lukas channels Clark Griswold on his European vacation, and Monica reports on the top trends at Newtopia Now.
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.
Explore the Nombase CPG Database
Head to Nombase to learn more about the tagged companies and their offerings.
