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
Protein Bar Brand David Closes $75M Series A, Buys Ingredient Supplier
Peter Rahal’s new protein bar brand David has closed a $75 million Series A round and taken a step towards vertical integration with the acquisition of Epogee, one of its ingredient suppliers. The new tranche of funding was led by Greenoaks, with participation from Valor Equity Partners.
B&G Sells Off Italian Brands as Net Sales Keep Dropping Double-Digits
In a push to help pay off long-term debt, B&G Foods is selling two of its tomato products brands – Don Pepino and Sclafani – to Violet Foods LLC, a newly formed portfolio company.
FoodYoung Labs Acquires MeliBio to Scale Bee-Free Honey Technology
Swiss food group FoodYoung Labs has acquired California-based food tech company MeliBio, seeking to expand its plant-based honey technology. The transaction includes MeliBio’s consumer brand, Mellody, and its “Generation 1” technology, along with related IP.
Birmingham Chocolate Eyes Sugar-Free With Acquisition
Michigan-based manufacturer Birmingham Chocolate announced it has acquired one of its customers – sugar-free, dark chocolate brand Macalat.
Emil Capital Relaunches As ECP Growth, Closes $100M Fund IV for Growth-Stage Investments
Longtime CPG investor Emil Capital Partners is now ECP Growth, as the private equity firm used the $100 million closing of its Fund IV yesterday to reveal its new name and strategy.
CPG Week: Can Chobani Clean Up Daily Harvest’s Image? Plus, A Peek At Peak Protein
The CPG Week podcast dives into Chobani’s acquisition of Daily Harvest, Kettle & Fire’s new manufacturing plant and the surge of protein beverages.
Chobani Acquires Daily Harvest, Aims For ‘Every Home In America’
Plant-based smoothie and meal maker Daily Harvest has been acquired by Greek yogurt giant Chobani. Terms of the deal were not disclosed.
More Beans: A Dozen Cousins Locks In ‘Manufacturing and Manpower’ Via Verde Valle
As Ibraheem Basir, founder and CEO of A Dozen Cousins, began to strategize his business’ next stage of growth, there was one major capability on his mind, and the route to secure it was poised to provide much more support than someone simply cutting a check.
CPG Week: Meati and Beyond Meat Go From Sizzle to Fizzle. Plus, Danone’s Latest Deal
On this episode, the CPG Week podcast team digs into the declines of two prominent plant-based brands before discussing the acquisitions of Mary’s Gone Crackers and Kate Farms. Next, the hosts highlight the latest celebrity to launch a coffee brand. (Maybe a hot sauce would have been more appropriate?).
A Dozen Cousins Acquired By Verde Valle Foods
A Dozen Cousins announced today it has been acquired by rice and bean manufacturer Verde Valle Foods, the U.S. subsidiary of Verde Valle.