Investment

Lakeview Farms, a producer of refrigerated desserts, dips and specialty food, announced it has entered into a definitive agreement to acquire Australian-style yogurt brand noosa from Campbell Soup Company.

Force Brands has released its 2025 Consumer Brands Salary & Market Trends report, offering an inside look at average compensations for coveted food and beverage roles. Here are the highlights.

The Hershey Company acquired candy brand Sour Strips late last week, only one day after posting less-than-stellar earnings that were weighed down by high cocoa prices and pressures across all business segments.

The Hershey Company announced today it has acquired sour candy brand Sour Strips, expanding the snacking and confectionery giant’s growing sweets portfolio. Financial terms of the deal were not disclosed.

Manufacturing is a difficult-to-staff sector, but food companies are broadening the pool and seeing benefits to their own business by giving an opportunity those who may have faced barriers to employment.

Washington, D.C.-based peanut butter brand One Trick Pony (OTP) has secured seed funding from Collaborative Fund. The new funds will be used to support retail growth, new innovations and an upcoming packaging overhaul in early 2025.

While the pace of food and beverage acquisitions has slowed from previous years, recent deals reflect two key themes – portfolio reshaping and increased snack demand – that are expected to continue, according to a new report from CoBank, a national cooperative bank and agricultural export credit agency.

Amidst accelerated growth, refrigerated donut brand Drumroll Snacks is seeking to further expand its distribution footprint in the natural channel with the support of a recent $3 million investment from CPG brand incubator 7 Mile Brands.

Celebrity chef Robert Irvine’s FITCRUNCH has been acquired by 1440 Foods which already operates active nutrition brands MET-Rx, Pure Protein and Body Fortress.

Ready-to-heat Hispanic food brand Del Real Foods is now majority owned by multilatina corporation Corporación Multi Inversiones (CMI).