M&A
Featured M&A Content
Why Keep It REAL Is Building A New Business Model
Keep It REAL Foods is betting that vertical integration is the key to unlocking longevity for a quintet of founder-led companies that it recently brought together under the newly established moniker.
Hi-Chew Parent Co. Morinaga Acquires My/Mochi Ice Cream
Morinaga & Co., the holding company of global confectionery manufacturer Morinaga, Inc., has entered into a definitive agreement to acquire My/Mochi Ice Cream for an undisclosed amount.
Tastee Apple Acquires Art of Sucre
In an act of confectionery consolidation, candy apple maker Tastee Apple Inc. has acquired cotton-candy brand Art of Sucre, bringing a “social-first” next-gen brand under the stewardship of a legacy sweets manufacturer.
Additional Content
Deal Dive: Our Home Buys From Utz and Tessemae’s Acquired
M&A activity continues to accelerate. This morning we are bringing you updates on the changing snack landscape as Our Home expands its platform with tried-and-true Utz Brand muscle. Additionally we run down news that distressed salad dressing maker Tessemae’s has found a new home and share details on a growing pasta platform.
Meal-Kit Producer FreshRealm Acquires Marley Spoon Operations
California-based FreshRealm announced this morning it had acquired the U.S. operational assets and supply chain infrastructure of global meal kit provider Marley Spoon for $24 million.
Fresh Start: Blue Apron Turns Eye to Innovation While Helping Build “Super App”
Aiming to put a troubled period behind it, meal kit maker Blue Apron is embracing a leaner business model in 2024 that prioritizes flexibility and accelerates innovation targeted at consumers’ growing interest in convenient, clean label offerings.
Where The M&A Deal Winds Are Blowing For 2024
Financial advisory firm Solomon Partners reported its expectations for M&A activity in food and beverage this year with a slow escalation in acquisitions as inflation recedes and the Fed lowers interest rates.
Popping Into New Ownership: Legacy Popcorn Maker Acquired By Private Equity
Weaver Holdings, the largest manufacturer of popcorn in the U.S., was acquired by AUA Private Equity Partners for an undisclosed amount. The PE firm has a history of acquiring food manufacturers and aims to inject “efficiency” into the fourth-generation, family-owned business.
Rainforest Distribution Acquires New England Distributor Associated Buyers
Rainforest Distribution Corp. has acquired New England natural and specialty foods distributor Associated Buyers, the companies announced this week. According to a press release, the companies will take roughly two months to transition the Associated Buyers’ network into the Rainforest system.
Danone to Divest Horizon Organic, Wallaby to Private Equity Firm
Danone has found a buyer for its premium dairy brands Horizon Organic and Wallaby, announcing today it has agreed to sell the businesses to investment firm Platinum Equity.
DayDayCook Acquires Yai’s Thai
Hong Kong-based DDC Enterprise, which operates the DayDayCook brand, announced today it has acquired Thai American foods brand Yai’s Thai for an undisclosed sum, further expanding its presence in the U.S. market.
Chobani Acquires La Colombe in $900 Million Deal
Chobani has paid $900 million to acquire coffee roaster and retailer La Colombe, the company announced today, a move that sees Keurig Dr Pepper, a minority investor in La Colombe, become an equity stakeholder in the yogurt and dairy company.
Planting Hope Plots Argo Cafe Revival Via Crowdfunding Campaign
Three months after its acquisition of Argo Tea, The Planting Hope Company has spun off the asset as its own subsidiary.