Headlines

Four years after selling his frozen burrito company, Red’s All Natural, to private equity firm Bansk Group, founder Michael Adair is leaving the CEO chair. He will be replaced by Andy Reichgut, who has been CEO of Dr. Praeger’s Sensible Foods for the past four years.

Global food giant Smithfield Foods announced today that it has agreed to acquire hot dog brand Nathan’s Famous in an all-cash transaction valued at $450 million.

Protein- and fiber-filled condiment brand She’s the Sauce is making its retail debut with Pop Up Grocer as part of a three-month rotation.

KeHE Distributors is relaunching former grocery chain Wild Oats as a new consumer products brand committed to sustainable food production. Initial offerings include Regenerative Organic Certified juices, smoothies and eggs.

Non-UPF Verified today opened up enrollment for CPG food and beverage brands at large. This marks the first time the program has been made widely available.

Premium olive oil brand Graza is moving into the condiment aisle with a line of mayonnaise and aioli.

Private investment firm Highlander Partners has acquired hot sauce brand Tapatío from the Saavedra family, who will retain a minority position in the company following the close of the transaction.

Sibling duo Meg and Wayne Adams are working to usher in a new era for their family-owned food processing business with Marianne’s, a retail avocado oil and beef tallow brand launched under the leadership of their father decades ago.

Simply Good Foods is bringing back the chief executive who led the company through its public offering and acquisition of Quest Nutrition.

As TikTok has sought to style itself as a one-stop shop for branded content creation, the social media giant is now looking to forge even tighter relationships with CPG brands; becoming not just a marketing tool, but an entire product innovation platform.