M&A

Stockeld Dreamery has offloaded a portion of its assets to plant-based food tech entity Bettani Farms, formerly known as Climax Foods.

Horizon Family Brands has acquired organic, grass-fed dairy company Maple Hill Creamery, strengthening the company’s retail presence, which already includes a selection products under the Horizon Organics and Wallaby Organics brands.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery discuss the bidding war drama surrounding the recently liquidated plant-based cheese brand Miyoko’s Creamery. The podcasters also chat about cold-press juice maker Suja Life’s plans for a public market exit and Once Upon A Farm’s delayed public offering. Finally, the hosts look at a merger in the mocktail segment.

Ritter Sport Group is expanding its presence in the U.S. market with the acquisition of Creative Natural Products, the Boulder, Colo.-based manufacturer of the Chocolove premium chocolate brand. Financial terms of the transaction were not disclosed.

Prosperity Organic Foods, Inc., The parent company of plant-based butter brand Melt Organics, has been revealed as the winning bidder of Miyoko’s Creamery, which was liquidated two weeks ago.

Amazon is planning to absorb all 100,000 Whole Foods employees, including frontline staff, into its core business structure, per a report this week from Business Insider.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard chat about the acquisition of TreeHouse Foods, the regulatory outlook for hemp beverages, a new verification standard for non-ultraprocessed foods, and Lucky Energy’s latest funding round.

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.

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.

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