News
Food and beverage industry news.
Beyond Meat to Raise Up to $183M in IPO, Updates SEC Filings
The company initially announced its IPO in November 2018; over the past month it has submitted updated filings that provide more insight into the company’s sales and progress to date, as well as its plans for the future.
Can Two Legacy Dairy Companies Make Cottage Cheese Cool?
Despite its long association with diet food, two legacy dairy brands think cottage cheese is ready for a comeback. To modernize the snack, they’re looking to non-traditional, savory flavors.
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Top Takeaways from SPINS’ Expo West Webinar Recap
Plant-based protein, dairy’s efforts to regain relevance, and the continued ascent of CBD and hemp were a few of the major trends to emerge from Natural Products Expo West 2019, according to a show recap presented yesterday by market research group SPINS.
Mondelēz Invests In Hu Kitchen and Products
Just over a month after taking a stake in Uplift Foods, Mondelēz announced today its second investment in Hu Master Holdings, the parent company of both CPG brand Hu Products and fast-casual restaurant concept Hu Kitchen. Hu Chairman and Co-Founder Jason Karp told NOSH the investment will allow the emerging brand to scale and increase accessibility of its products.
Back to the Roots to Help Consumers Grow Hemp Superfoods
Back to the Roots this week announced the launch of its Organic Hemp Starter Grow Kit. The kit allows consumers to grow five hemp plants that can be used to produce hemp oil, hemp tea or hemp hearts.
Elevator Talk: Bright Foods Differentiates with HPP Whole Fruit and Vegetable Bars
Brenden Schaefer is the Founder & CEO of Bright Foods, a line of refrigerated bars made with whole organic fruits and vegetables, adaptogens, probiotics and prebiotics. The brand’s clean label, vegan and gluten-free HPP products launched less than a year ago in Whole Foods.
Sweet Leaf Founder Christopher Leaves CAVU
Clayton Christopher, the founder of Sweet Leaf Tea and Deep Eddy Vodka, told BevNET that he’d left an active role within the CAVU organization earlier this year, although he is continuing to work as a board member and advisor to the brands in his portfolio from CAVU’s first two investment pools.
Tessemae’s Moves into Center Store
Organic food producer Tessemae’s is ready to move on to the next stage — a warmer one. Today the brand announced it will begin selling shelf-stable products with the launch of Tessemae’s Pantry, a new line of salad dressings. The company is also reformulating its condiments line to be shelf-stable.
Conagra Investor Day Shows a Future of Snacks & Frozen Food
Conagra, America’s fourth-largest food company, revealed upcoming product innovations, homing in on healthy and sustainable solutions for snacking and mealtime.
Bolthouse Farms Sold to Butterfly Equity for $510 Million
Los Angeles-based private equity firm Butterfly signed a definitive agreement today to acquire Bolthouse Farms from Campbell Soup Company for $510 million in cash — roughly $1 billion less than what the soup conglomerate paid when it acquired the 104-year-old food and beverage brand in 2012.









