M&A
Featured M&A Content
Q3 CPG Financing Deals – Northhall Report, October 2026
Investment activity in the food, beverage and CPG sectors rebounded in Q3 2026, but the headline growth figures tell only part of the story. Beneath the topline figures, the report reveals important shifts in deal size, funding distribution and investor activity.
Stride Buys Clio as Greek Yogurt Bars Scale to 60,000 Stores
Clio Snacks announced today it has been acquired by Stride Consumer Partners.
Cerebelly-Fresh Bellies Deal Signals Platform Push in Kids Nutrition
Children’s meal and snack platform Cerebelly announced today it has made its first acquisition, buying up freeze-dried kids snack brand Fresh Bellies.
Additional Content
Specialty Chocolate Consolidates As Cocoa Costs Keep Rising
The chocolate category is consolidating. Today, branded and private label chocolate manufacturer Chocolate Works announced its acquisition of 150-year-old Thompson Chocolate, which produces specialty and foil-wrapped chocolate novelties.
Danone Agrees Deal for Plant-Based Nutrition Brand Kate Farms
Danone has agreed to acquire a majority stake in Kate Farms, makers of a range of plant-based nutrition products for both medical and retail channels.
Gluten-Free Pioneer Mary’s Gone Crackers Sold to Dare Foods Subsidiary
Mary’s Gone Crackers, a manufacturer of organic gluten-free snacks founded in 2004, has been acquired by Rosseau Incorporated, a U.S.-based subsidiary of Canadian food conglomerate Dare Foods Limited.
Conagra To Sell Chef Boyardee For $600M
Today, Conagra announced the signing of a definitive agreement to divest Chef Boyardee to Hometown Food Company for $600 million in cash.
Cash Crunch or Comeback? Q1 Food & Beverage Financing Trends – a FABID Exclusive Report
Is the food and beverage funding freeze finally thawing? FABID’s Q1 2025 Report reveals a surprising rebound in deal size and investor appetite—just not where you might expect.
Hershey To Acquire LesserEvil Snacks For Reported $750M
Hershey is acquiring organic popcorn and healthy snack brand LesserEvil for reportedly $750 million, adding to the Pennsylvania food maker’s growing portfolio of salty snacks.
CPG Week: Pepsi Buys Poppi. Your Move, Coke.
On this episode of CPG Week, the team unpacks PepsiCo’s unsurprising acquisition of better-for-you soda brand Poppi.
A Bite With Manna Tree’s Ross Iverson on MAHA’s M&A Effect
Ross Iverson has seen how industry winds can change the appetite for M&A and exit strategies of emerging brands. Where could they blow amid the Make America Healthy Again movement?
PLTFRM Goes Deep in Natural, Buys Presence Marketing
Presence Marketing, a natural products brokerage firm that grew out of its Chicagoland founding in 1990 to become the largest independent sales and marketing organization in its channel, has been bought by PLTFRM, a multi-channel sales, marketing, and investment company.
How Back To Nature Rebuilt With An ‘Insurgent Brand Mindset’
Back to Nature has reconstructed the basics of its operations while rebuilding its team and refining its approach to the better-for-you snack category two years after B&G Foods sold it to Barilla without a single team member.