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

San Francisco Equity Partners plans to use the brand as the start of a Latin-American platform.

In this week’s episode, we’re joined by the young, ambitious leaders of two trendsetting brands: Rip Pruisken, the co-founder and CEO of fast-growing snack company Rip Van Wafels, and Ely Key, the co-founder, president and CEO of innovative beverage maker Up Mountain Switchel.

Boulder-based 1908 brands announced today that is has acquired prenatal and lactation nutrition brand Bundle Organics. Terms of the deal were not disclosed. The deal comes as Bundle announces new products to take the company beyond teas and beverages and into other popular food categories.

In California, a revised FAW issued by the state Department of Public Health effectively prohibits the sale of hemp-derived CBD products, while the debate over defining an identity for the plant-based dairy category moves forward.

The collision of seemingly complementary consumer preferences — the desire to cut sugar and the desire to have a “clean label” — has actually created a conundrum for nutrition bar makers, and they’re making tough strategic decisions regarding the use of sugar alcohols as a result.

It was a busy week for the plant-based food industry and some of its leading brands. From new investments to FDA statements, here are some of the top stories you need to know.

Crack the code of fresh, convenient food? Paul Coletta, CEO of fresh food and juice brand Urban Remedy, thinks he may have done it — and he’s taking radical risks in his manufacturing, distribution and retail operations in order to prove it.

United Natural Foods, Inc. (UNFI) announced today that it will acquire grocery retailer and wholesaler SUPERVALU for $2.9 billion, including debt. Through this deal, the company said it expects to see combined net sales of more than $21 billion.

Less than a year after its founding, vegan butter maker Fora announced today the close of a $1.4 million round of capital. New Crop Capital and Blue Horizon led the round, which closed earlier this month.

Less than a week after Chef’d ceased operations, True Food Innovations announced today its acquisition of the meal kit company’s assets. In an interview with NOSH, the CEO of True Food detailed the reasons for the deal and how the company plans to revive the Chef’d brand and business.

From a food entrepreneur’s newest journey, to the addition of a confectionary veteran at a leading trail mix brand, here’s your latest in food industry hiring news.

Acclaimed chef and entrepreneur Rick Bayless discusses why authenticity has been the guiding principle throughout his career and is an indispensable asset in the food business. Susie Fogelson, who for 15 years guided marketing efforts for the Food Network explains why transparency is an opportunity for brands to tell a story. Meet Jamie Meltzer, the founder of upscale fruit jerky brand Watermelon Road, who was victorious in NOSH Live’s Pitch Slam 4.

The female-focused nutrition company rolled out new products, an evolved packaging design, a refined retail strategy and a new pricing structure in an attempt to target a new consumer base: millennial moms.

Private equity firm Alliance Consumer Growth announced this week the close of its fourth fund. In an interview with NOSH, Managing Partner Josh Goldin discussed how the industry has changed since the firm’s first fund and what types of investments the firm looks for.