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
IFF and DuPont to Become a $45B Ingredient Powerhouse
Two ingredient development and innovation companies are joining forces: International Flavors & Fragrances (IFF) and DuPont Nutrition & BioSciences announced yesterday that the two will merge via a $26.2 billion deal.
Deal Roundup: BIGR and Obvious Ventures Invest in CBD Startups
The past few weeks have seen multiple investments in the red hot CBD space from existing CPG investment firms, as well as deal news in other trending categories such as alternative protein and the frozen food aisle.
Tea Time: Yogi Tea Acquires Choice Organic
Yogi Tea CEO Giancarlo Marcaccini sees a bright future for mellow moments. Owned by East West Tea Company, Yogi last week announced its acquisition of Choice Organic Teas.
New Communication Pathways: Broadhead Acquires Kohnstamm
One of the veteran nice guys of the natural products business, Josh Kohnstamm, has sold his eponymous public relations firm to another Minneapolis-area marketing agency, broadhead.
River of Sweet Dreams: Hudson River Foods’ Journey to Better-for-You Success
Hudson River Foods is winding its way upstream. With two recent acquisitions, Hodgson Mills and Dancing Deer, the company is solidifying a hearty footprint in the better-for-you baking category.
Hershey’s Picks Up One Bar To Enhance Snack Portfolio
As part of its shift from confection to a broader snacking platform, Hershey announced yesterday its acquisition of the low-sugar, high-protein ONE Brands portfolio. The purchase price, which was financed with cash on hand as well as short term borrowings, was $397 million.
Steve’s PaleoGoods Plans for Life Beyond Paleo
In case the paleo trend goes extinct, Steve’s PaleoGoods founder Steve Liberati is seeking new life for his product lineup through expansion and acquisition. In April, the company acquired raw and fermented drink and dressing brand Zukay Live Foods, which also produces Jacob’s Raw krauts, salsas and dressings.
The Checkout: Beyond Meat’s Q1 Financials, NACS and FARE Aim to Improve C-Stores for Allergy Sufferers
Beyond Meat’s Q1 financials, NACS and FARE aim to improve c-stores for allergy sufferers and more in this week’s Checkout.
Soup’s On: Kettle Cuisine Acquires Harry’s Fresh Foods
Kettle Cuisine, a New England-based producer of refrigerated and frozen, natural soups, sauces and entrees, announced this week its acquisition of Harry’s Fresh Foods, an Oregon-based custom food manufacturing company.
Novamex Acquires Tio Gazpacho
Novamex has acquired Tio Gazpacho for an undisclosed sum, the company announced today, more than a year after the Hispanic-focused beverage marketer first invested in the drinkable soup brand. Primarily an importer of Mexican brands such as Jarritos and Mineragua, Novamex said in the announcement that it is focusing on becoming a growth platform for natural and organic beverages, such as the organic certified Tio Gazpacho.