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
NOSH Podcast: How Mergers Can Help Brands Scale and Survive
The NOSH team gets fooled by fake CPG products, discusses the FDA’s recent announcements concerning “healthy” food labeling and Grass Fed Foods CEO Jeff Tripician talks to Lukas about merging small businesses better compete with conventional producers.
Monogram Capital Sells Western Smokehouse, Says Deal Reinforces Supply Chain Focus
Investment firm Monogram Capital has sold meat snack producer Western Smokehouse to AUA Equity Partners, a deal that Monogram co-founder and partner Jared Stein proves out the firm’s thesis of heavily investing in supply chain-oriented companies.
Catalina Marketing Restructures Debt Under Chapter 11
Marketing supplier Catalina announced it was restructuring its debt under Chapter 11 Bankruptcy Code and in the process selling its Japan-based unit to “strengthen its balance sheet.”
EnWave Sells Moon Cheese Snack Brand To Focus On Licensing
EnWave Corporation has sold its Moon Cheese snack brand to Creations Foods along with a royalty-bearing commercial license agreement to produce cheese snacks in the U.S. as the food drying technology company strategically focuses from retail CPG to licensing partnerships.
Patagonia Provisions Acquires Moonshot Snacks
Climate neutral cracker brand Moonshot Snacks has been acquired by Patagonia Provisions, the food and beverage division of outdoor-centric brand Patagonia. The news marks Patagonia’s first acquisition in over twenty years.
Soylent CEO: Acquisition is ‘The Next Step in Our Evolution’
When plant-based nutrition brand Soylent began in 2013, it adopted a tech-influenced approach, dubbing its products Soylent 1.1, Soylent 2.0, and so on. Now, after its acquisition by CPG portfolio company Starco Brands earlier this week, the food and beverage maker is in stable release.
Soylent Acquired by Starco Brands
Publicly traded consumer products company Starco Brands, Inc. has acquired plant-based food and beverage maker Soylent, completing the brand’s evolution from red hot food-tech startup to cross-category CPG platform.
Tofurky CEO on Company Sale: ‘We Were Facing a lot of Challenges’
Last week Turtle Island Foods, which makes Tofurky and Moocho, was acquired by a subsidiary of multibillion dollar company Morinaga Milk Industry Co. With a purchase price of over $50M, the deal came as CEO Jaime Athos said the company was “facing a lot of challenges.”
Tofurky Acquired by Tofu Company Morinaga Nutritional Foods
Morinaga Nutritional Foods, a subsidiary of Morinaga Milk Industry Co, has acquired Turtle Island Foods, the producer of Tofurky and alt-dairy line Moocho, putting the Japanese-owned company in control of one of the leading plant-based meat brands in the category.
Strvye Co-founders Reunite to Acquire and Invest in Emerging Brands
Ultimately the holding company plans to have four entities in the company’s portfolio, two of which are already accounted for: egg white-based chip company Quevos and supplement and energy drink brand ProSupps.