M&A
Featured M&A Content
Good Culture Eyes $1B Future With Catterton-Added Capacity
As cultured dairy brand Good Culture comes under the wing of PE firm L Catterton, the opportunities that have been sitting on the horizon are now within reach.
Campbell’s To Acquire Rao’s Sauce Maker
Campbell’s is doubling down on its bet on Rao’s, announcing during its first-quarter earnings call today it will acquire a 49% stake in the brand’s long-term producer, La Regina, for $286 million.
Stockeld Dreamery Sells Assets To Bettani Farms
Stockeld Dreamery has offloaded a portion of its assets to plant-based food tech entity Bettani Farms, formerly known as Climax Foods.
Additional Content
Odeko Acquires District Distribution, Partners With Union Kitchen
Odeko announced today it has acquired Washington, D.C.-based specialty food and beverage distributor District Distribution as it works to build an anchor in the Mid-Atlantic region to access local products and vendors.
Take-and-Bake Pizza Maker Great Kitchens Sold to Rich Products Corp.
Brynwood Partners is continuing its recent streak of M&A deals, selling private label take-and-bake pizza producer Great Kitchens Food Company to Rich Products Corporation.
Zing Bars Founder Buys Back Business From American Licorice Company
Zing Bars founder David Ingalls has reacquired his plant-based protein bar brand from the American Licorice Company with support from Dunedain Ventures, ending a multiyear strategic partnership with the maker of Red Vines and Sour Punch candy brands.
Crofter’s Organic Acquired By Power Sustainable Lios
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.
HighKey Cookies Owner Merges With REAL Cookies
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.
Puratos Adds Nut-Based Innovation With Vör Foods Acquisition
Bakery ingredients manufacturer Puratos acquired Vör Foods, a producer of nut butter and nut-based fillings. Financial terms were not disclosed.
CPG Week Podcast: Beyond Meat’s Beverage Launch And The Curious Case Of DayDayCook
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.
Smithfield Foods Acquires Nathan’s Famous for $450 Million
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.
Highlander Partners Acquires Tapatío
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.
Female-Led CPG Brands Nemi, Tuyyo and Todo Verde Merge
Cactus snack maker Nemi, seasoning blend producer Todo Verde and powdered beverage platform Tuyy have merged under the Tuyyo Foods name.