News
Food and beverage industry news.
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.
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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.
Chef-Led Brand Ripi Takes Aim at Frozen Pasta Disruption
Many have made the jump from foodservice to freezer shelves, and now upstart stuffed pasta maker Ripi is homing a chef-quality position – but hurdling the checkered tablecloths and heading straight for stores.
Distribution: Elavi Hits Whole Foods, Afia Enters Costco
Elavi launches its protein brownies at select Whole Foods stores, Afia expands into Costco, and My Better Batch hits Target.
Lawyers Call ‘Fraud’ on BellRing Brands, But One Analyst is Optimistic
BellRing Brands, maker of Premier Protein and Dymatize, is facing down a swarm of lawyers as multiple law firms specializing in shareholders rights have announced investigations into the publicly traded CPG company over allegations it violated securities laws.
New Products: Van Leeuwen Teams With Guinness, Chips Ahoy! Journeys into ‘The Upside Down.’ Plus, Egglife Does Pasta
From Guinness-inspired ice cream to egg-based protein pasta, this week’s new product innovations span all sides of the industry.
Spreading Roots: How BranchOut Food Recovered From Adversity Post-IPO
BranchOut Food endured unexpected challenges to its manufacturing structure soon after the company went public, altering the timeline and trajectory of its business strategy over the last two years.
Federal Agencies Push for Uniform Definition of ‘Ultraprocessed Food’ Amid Health Scrutiny
The FDA and USDA are collaborating to develop a federally recognized uniform definition for ultraprocessed foods (UPFs) amid mounting health concerns.