Investment

PE firm Manna Tree has taken a “significant minority position” in wellness brand Plant People as competition enlarges in the gummy set.

Miyoko Schinner activated a campaign over the past week to buy back her namesake brand. While she did not place the winning bid, we caught up with Schinner to hear about her ideas for an “alternative” business model and what went wrong in the declining plant-based cheese space.

One of North America’s largest private label food and beverage manufacturers is set to become a private company. TreeHouse Foods will be acquired by an independently managed investment subsidiary of Investindustrial VIII in an all cash transaction for a total enterprise value of $2.9 billion, the companies announced today.

Paperboy Ventures is readying its $2 million to $3 million Fund I, leveraging its platform as an unconventional “venture-media hybrid model.”

Miyoko Schinner is working to buy back Miyoko’s Creamery, the vegan food business she founded in 2014 and led as CEO until she was ousted by her board three years ago.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard chat about the acquisitions of Caulipower and Justin’s by private equity firms, Keurig Dr Pepper’s new $7 billion investment, and new funding for popped sorghum startup Cob.

London-based better-for-you cookie dough brand Doughlicious has received an investment from Future Back Ventures (FBV) by Bain & Company to fuel its continued U.S. expansion.

Jelly snack brand Oddball raised a $2 million seed round led by Springdale Ventures as it expands its retail footprint with Whole Foods.

Food tech ingredient platform The EVERY Company announced this week that it has closed a $55 million Series D capital round led by McWin Capital Partners through McWin Food Tech Fund.

Spanish food company Cerealto has natural foods manufacturer Fresca Foods for an undisclosed amount, establishing its first U.S. foothold.