M&A

Mexican food brand Tia Lupita announced this morning it has been acquired by Vilore Foods, the San Antonio, Texas-based distributor and commercial subsidiary of heritage food brands including La Costeña, Jumex and Totis.

On the CPG Week podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery discuss an unusual new product launch and continued consolidation among packaged food conglomerates. Then, Brad provides his top takeaways from the Hemp Beverage Expo.

Dessert Holdings has acquired Willamette Valley Pie Company, a premium private label and branded pie producer. Financial terms of the deal were not disclosed.

The playbook for growing a startup food and beverage brand has shifted during the past half-decade. During that time, there’s also been a major shift underway at the strategic players once seen as an exit door for those upstarts.

A decade since they tied the knot, the Kraft Heinz union may be headed for splitsville. The packaged food conglomerate, which has been underperforming for years, is mulling a spinoff of a large portion of its grocery business.

Despite a volatile landscape, Q2 2025 saw a 13% year-over-year uptick in total U.S. food and beverage venture funding, reaching $342M.

After selling off its Chef Boyardee, Van De Camp’s and Mrs. Paul’s businesses earlier this year, Conagra Brands may have more divestitures in store. Sean Connolly, chief executive of the Chicago-based food conglomerate, hinted Thursday that certain other brands in its grocery stable may be on the chopping block.

ZEGO has acquired a gluten-free and organic grains processing plant, land and equipment from Montana Gluten Free Processors (MGFP) in addition to launching a new venture known as the Collaborative Integrated Value Chain.

On the CPG Week podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss the rise of Khloé Kardashian’s protein popcorn brand and the downfall of a co-manufacturer. Then, the hosts dig into the sale of a cult-favorite ice cream brand to unlikely buyers and the expansion of a bottled tea company into new snacking segments.

Italian confectionery company Ferrero is rumored to be on the verge of acquiring WK Kellogg, the cereal portfolio of Kellogg’s.