M&A
Featured M&A Content
Why Keep It REAL Is Building A New Business Model
Keep It REAL Foods is betting that vertical integration is the key to unlocking longevity for a quintet of founder-led companies that it recently brought together under the newly established moniker.
Hi-Chew Parent Co. Morinaga Acquires My/Mochi Ice Cream
Morinaga & Co., the holding company of global confectionery manufacturer Morinaga, Inc., has entered into a definitive agreement to acquire My/Mochi Ice Cream for an undisclosed amount.
Tastee Apple Acquires Art of Sucre
In an act of confectionery consolidation, candy apple maker Tastee Apple Inc. has acquired cotton-candy brand Art of Sucre, bringing a “social-first” next-gen brand under the stewardship of a legacy sweets manufacturer.
Additional Content
Snap, Crackle, Sell: Ferrero Reportedly Buying Kellogg’s Cereals
Italian confectionery company Ferrero is rumored to be on the verge of acquiring WK Kellogg, the cereal portfolio of Kellogg’s.
Meaty Deal: Monogram Reacquires Meat Snack Co-packer
Less than two years after selling a majority stake of meat snack maker Western Smokehouse to AUA Private Equity Partners, Monogram Capital has reacquired the co-packing business.
Monster Energy Execs Scoop Up Rite Aid’s Thrifty Ice Cream Brand
Amidst bankruptcy proceedings, Rite Aid has found a buyer for its Thrifty Payless subsidiary, which houses the Thrifty Ice Cream brand, as part of a $19.2 million transaction that also includes KPH Healthcare Services.
Blue Sky Sells Hemp Division To Manitoba For Cannabis Arm Scale-Up
Blue Sky Hemp Ventures has exited the food business. The company has sold its hemp ingredients division to Fresh Hemp Foods, the parent company of legacy grower Manitoba Harvest, which is owned by Tilray Wellness, for an undisclosed sum.
Marubeni Corporation Enters U.S. Ice Cream Manufacturing With Bubbies Acquisition
Japanese trading and investment company Marubeni Corporation has acquired Phoenix, Ariz.-based Bubbies Ice Cream, marking its entrance into the U.S. ice cream market. Terms of the deal were not disclosed. As part of the transaction, Bubbies will join Marubeni American Corporation, based in New York City, while continuing operations out of Phoenix, per a press… Read more »
Bearded Brothers to Expand Multi-Brand Bar Platform with SANS Acquisition
Organic foods brand Bearded Brothers has acquired fellow bar maker SANS Meal Bar, SANS founder and CEO Nathan Gordon announced on LinkedIn Friday.
Loma Linda Parent Up For Auction After Failed SPAC
Atlantic Natural Foods has entered into an asset purchase agreement with Century Pacific North America Enterprise, Inc., to restructure its supply chain after terminating a three-year relationship with Above Foods Ingredients, Inc.
CPG Week: BetterBrand’s Founder Goes AWOL. Plus, Momofuku’s Fresh Funding
On the CPG Week podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss the latest update on low-carb bread maker BetterBrand, a new investment for Momofuku Goods, IPO rumors for Jennifer Garner’s children’s food brand and why one frozen novelties maker is throwing in the towel on its kids’ drinks.
Aria Growth Partners Closes $152M Fund-II
Buoyed by strategic exits of portfolio companies LesserEvil and Hero Cosmetics, Aria Growth Partners announced today the close of its second fund with $152 million in capital commitments.
SPINS Acquires Datasembly to Provide Pricing and Promotional Intelligence
SPINS announced today the acquisition of Datasembly, a retail data platform focused on hyperlocal, real-time pricing and promotion analytics.