Food Industry News, Insights, and Education for the CPG Community

Humble Growth, the growth equity firm founded by Andrew Abraham and Nick Giannuzzi, has acquired a minority stake in better-for-you snack maker simplyFUEL. Financial terms were not disclosed.

HighKey Cookies parent company Creations Foods has merged with Get Real Foods, the maker of REAL Cookies, to create a vertically-integrated CPG platform “dedicated to healthier, better-for-you snacking across North America,” the company said.

Early-stage venture fund Rising Tide Ventures has backed Dr Bombay, the ice cream brand co-founded by Snoop Dogg and The Happi Co. under Bosslady Foods.

Bakery ingredients manufacturer Puratos acquired Vör Foods, a producer of nut butter and nut-based fillings. Financial terms were not disclosed.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery discuss Beyond Meat’s expansion beyond meat alternatives, Prime’s foray into protein shakes, DayDayCook’s exit from the U.S., and Chameleon Cold Brew’s future under new ownership.

FoodNerd announced it has closed a $7.5 million seed round led by Selva Ventures, with participation from Cistern Capital, Spacestation Investments, and S2 Ventures as well as angel investor Joe Nieman.

Emerging frozen stuffed pasta player Ripi marked its largest retail rollout to date, expanding the brand to Whole Foods Market stores with a new exclusive flavor.

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.