Investment

Canadian jams, jellies, and spreads producer Crofter’s Organic has been acquired by food-focused private equity platform Power Sustainable Lios, with co-investments from Farm Credit Canada, BMO Capital Partners, and the Latka family, who founded the brand in 1989.

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.

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.

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.

Organic coconut sugar producer Big Tree Farms has secured a $10 million investment from Natixis Investment Managers affiliate, Mirova.