M&A
Featured M&A Content
What JPG Resources’ Acquisition of CuliNEX Means for Food Product Development
Food and beverage consulting group JPG Resources is expanding its capabilities and its West Coast presence with the acquisition of food product development consultancy CuliNEX.
CPG Week: Inside Kraft Heinz’s Breakup. Plus, Pepsi’s Energy Drink Plans
In this episode of CPG Week, Nosh managing editor Monica Watrous and senior reporter Brad Avery dig into Kraft Heinz’s separation plans and PepsiCo’s increased investment in Celsius Holdings. The hosts also chat about Pepsi’s warning letter from an activist investor and Huel’s ready-to-drink foray into the red-hot greens category.
The CPG Business Is Changing, But Execs Say Adaptation Won’t Keep Pace
The CPG business is undergoing a shift, but without a crystal ball to determine where the industry will land in a decade from now, we’ll have to rely on recent news and survey responses from those on the front lines.
Additional Content
Lucky Jack Coffee Acquired By Private Label Producer
Cold brew brand Lucky Jack has been acquired by private label manufacturer Magnum Coffee Roastery earlier this year for an undisclosed amount. Magnum has added Lucky Jack’s high-caffeine extraction IP, facility, products and manufacturing capabilities as part of the deal.
Family Business: Nature’s Path Acquires Baby Food Brand
Family-owned breakfast cereal and snack brand Nature’s Path acquired fellow Canadian, CPG brand Love Child Organics in a bid to increase Nature’s presence in the toddler and kid-positioned food categories.
Unilever Buys Yasso As Part of ‘Premiumization Strategy’
Frozen novelty brand Yasso announced today it will be acquired by global conglomerate Unilever in a deal that is expected to close in the third quarter of this year.
The Whole Bowl: Briannas Acquires New Salad-Parts
After 40 years in the salad dressing business, Brianna’s is shaking things up. The company is opening a new chapter that includes new category expansions and, as announced last week, the acquisition of cheese snack maker John Wm. Macy’s
CircleUp Sells, VC Fund’s Final Home Still Unknown
After announcing a serving agreement for its credit offerings in March, fintech platform Brightflow has acquired the remainder of lender, investor and software platform CircleUp with an eye on further monetizing AI-driven data and insights platform Helio.
Let’s Get Nuts: Campbell Sells Emerald Brand To Private Label Manufacturer
Campbell Soup Company offloaded its nut and trail mix brand Emerald Nuts to Minneapolis-based, private label manufacturer Flagstone Foods on Tuesday for an undisclosed amount as the legacy soup company prioritizes its more successful snacking labels.
Fresh Catch: Wicked Kitchen Acquires Plant-Seafood Maker Current Foods in Cashless Deal
Wicked Kitchen has acquired plant-based “raw” seafood provider Current Foods, a transaction that deepens the company’s food service offerings and grows its portfolio of plant-based products following its 2022 acquisition of Good Catch. Exact terms of the non-cash deal were not disclosed.
“Right Place, Right Time”: Happy Moose Juice Buys Cold Storage Business
Happy Moose Juice has acquired Growers’ Refrigeration in a deal that both solved its own refrigerated storage issues and those of cold-chain CPG brands in the region where capacity has historically been hard to find.
Kroger/Albertsons: Stores vs Shoppers In Latest Merger Block Attempt
Opposition surrounding the proposed merger between Kroger and Albertsons continues to mount, as the leading grocery giants are fighting legal action from their own customers.
Colavita Grows California Foothold With O Olive Oil & Vinegar Acquisition
Italian food importer, distributor and producer Colavita has acquired California-based O Olive Oil & Vinegar for $6.23 million, giving Colavita another foothold in the domestic olive oil and wine vinegar category.