M&A

Lakeview Farms and its newly-acquired noosa brand have merged to form new entity Novus Foods. The move comes less than three months after CapVest Partners-owned Lakeview announced its plans to acquire noosa from Campbell’s.

Private equity firm Ahimsa Companies is growing its portfolio of plant-based food brands. The company announced on Friday it has acquired frozen pizza and wings purveyor Blackbird Foods.

The year is barely underway, and already several significant deals struck in the packaged food sector provide reason for optimism after a tough period on the financing front. While some industry watchers anticipate the pace of transactions to accelerate, others expect strategic acquirers and investors to remain prudent and disciplined. “We see investors are being… Read more »

Amid the impending acquisition of Simple Mills, Flowers Foods reported “mixed” Q4 and FY2024 earnings as it goes deeper in better-for-you baked goods.

J.M. Smucker is continuing to cull its portfolio, announcing on Friday it has agreed to sell its Cloverhill and Big Texas value-positioned brands, as well as certain private label products, to JTM Foods, LLC in a deal valued at approximately $40 million.

Top producers in the specialty egg space are consolidating at a time when the supply chain is increasingly strained and prices for consumers are on the rise.

Global confectionery giant Ferrero Group is venturing deeper into the better-for-you sector with the proposed acquisition of U.S.-based protein snack purveyor Power Crunch from Bio-Nutritional Research Group, Inc. Terms of the deal were not disclosed.

In this episode, the CPG Week podcast team covers four acquisitions in food and beverage including Spindrift’s anticipated sale and the unexpected new owner of Simple Mills.

Misha’s, Inc. is expanding its portfolio of premium dairy-free cheeses with the acquisition of Vertage in a deal that leverages Vertage’s partnership with Fresh Del Monte Produce, providing access to its comprehensive logistics network and capabilities. Terms of the deal were not disclosed. “By integrating Vertage’s expertise and leveraging Fresh Del Monte’s infrastructure, we’re not… Read more »

Snack industry co-manufacturers Bar Bakers and TruFood Manufacturing have officially combined operations, today debuting under a new unified identity, Tandem Foods.