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
FreshDirect Acquired By Getir
Ahold Delhaize is offloading its online New York City grocery delivery business FreshDirect to Turkish startup Getir, the company announced this morning.
Dirty Hands Acquires Sales Consultancy Firm Burgess Strategic Advisors
Dirty Hands is expanding its range of client services in brokerage, merchandising and sales support with the acquisition of CPG sales consultancy firm Burgess Strategic Advisors.
Redbud Brands Looks Ahead Toward Refreshed Portfolio
Amid its retooling of cannabis edibles company TSUMo Snacks, CPG venture studio Redbud Brands is also now developing a new class of brand launches as it moves on from others it has discontinued.
Cibo Vita Acquired By PE Firm Citation Capital
Cibo Vita, the parent company of Nature’s Garden, has sold a majority stake of its better-for-you snack business to Citation Capital, a private equity firm focused on founder and family-led companies.
Repole’s Impact Capital Acquires Majority of Junkless Foods
Impact Capital, the family office for longtime CPG entrepreneur Mike Repole, has acquired a majority stake in snack bar brand JUNKLESS Foods, according to an announcement today.
Blue Apron Sold For $130 M
Blue Apron announced this morning that Wonder Group, the privately held, vertically-integrated “Fast Fine” dining delivery services founded by Marc Lore, will acquire the company for $13 per share or approximately $130 million in equity value.
Second Nature Picks Up Sahale From Smuckers
Snack platform Second Nature Brands (SNB) has purchased nut brand Sahale Snacks from The J.M. Smucker Company.
Wellfull Relaunches Jenny Craig As D2C Meal Platform
Wellful, an omnichannel health and wellness company, is rebooting weight management company Jenny Craig as a direct-to-consumer meal platform.
Obvi Wants to ‘Infiltrate’ Midwest with Expanded Coffee, Pet Brand Platform
Last month, collagen powder mix maker Obvi made its first acquisition, purchasing ground coffee manufacturer Coffee Over Cardio. The deal is just the first step, the company said, in its mission to become a CPG portfolio with a deep presence in the Midwest by way of its New Jersey HQ.
With Eyes On Gen Z, Planting Hope To Grow “Deep Roots” In Foodservice
The rising costs of retail have pushed The Planting Hope Company to shift its growth strategy outside of the grocery store. Late last month the company announced plans to acquire QSR-cafe chain Argo Tea – marking a turning point in its new growth plan which centers on the managed food service channel.