Frozen dessert producer The Mochi Company, producer of My/Mo Mochi, was acquired today by an investment fund managed by Lakeview Capital, Inc, a Michigan-based family office. Terms of the deal were not disclosed.
Sometimes the sweetest way forward is with a big change. Frozen Greek yogurt brand Yasso announced that it will relocate its headquarters to Boulder, Colorado, led by new CEO Craig Shiesley, a 25-year CPG industry veteran.
Is Kellogg waffling on its formerly Eggo-centric waffle strategy? The food giant is, at least, diversifying its breakfast table approach with new Off the Grid protein-infused waffles, rolling into major retailers this month.
Utz Quality Foods announced a $1.25 million settlement of a class action labeling lawsuit; Whole Foods is moving its Northeast headquarters; Nestle will move its ice cream and frozen pizza businesses from a DSD network to a warehouse model.
Conagra, America’s fourth-largest food company, revealed upcoming product innovations, homing in on healthy and sustainable solutions for snacking and mealtime.
In 2016, Target launched emerging frozen brand Yummy Spoonfuls nationwide into almost every store, and in doing so, was one of the first retailers to focus on reinvigorating the baby food category. Now, two years later, after a series of strategic decisions, the brand has relaunched nationwide with a new focus on toddler nutrition.
Sausage and hot dog brand Teton Waters Ranch (TWR) is in the business of beef. So it’s a bit of an anomaly that the company’s latest innovation aims to inspire its consumers to eat less of its core product.
The merger of Conagra and Pinnacle makes the duo the second-largest U.S. frozen food company behind Nestle.
The value-added seafood company announced last week it had raised $1.3 million from newly established equity firm Arbel Growth Partners, run by Carl Lee, the former president and CEO of Snyder’s Lance, Inc.
The capital will be used to grow the company’s team beyond its current 10 employees, hiring food scientists and chefs to support a robust innovation pipeline. Although some efforts will go towards developing new flavors for its current pint line, Nicholson said an even bigger focus is to bring the brand into categories beyond pints and, potentially, beyond the freezer aisle.