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
Stonewall Kitchen CEO Reveals M&A Plans
Watch as Stonewall Kitchen CEO John Stiker spoke with the NOSH team about how he’s looking to further build out Stonewall’s gourmet food empire by diversifying. The hope is to create a platform of numerous specialty brands across all categories.
Wild Zora Acquires Paleo Meals to Go
The Loveland, Colorado-based meat and vegetable brand, Wild Zora, announced it bought the freeze-dried meal brand today. Terms of the deal were not disclosed.
Under New Ownership, Kernel Season’s Strategizes Spice Over Snack
Chicago Custom Foods LLC, the maker of popcorn seasoning Kernel Season’s, was sold on Tuesday by VMG Partners and the brand’s founder, Brian Taylor, to middle-market private investment firm Highlander Partners. Terms of the deal were not disclosed.
Nature’s Bounty Acquires The Best Bar Ever
In an effort to bulk up its nutrition lineup, sports performance and supplement-maker Nature’s Bounty acquired “real food-based” nutrition bar brand The Best Bar Ever last week. The purchase adds a clean-nutrition halo brand to Nature’s Bounty’s growing portfolio of sports and nutrition products.
Sweet on SkinnyPop: Why Hershey’s Bought Amplify Snack Brands
The global confectionery leader announced today that it has agreed to acquire Skinny Pop maker Amplify Snack Brands for more than $920 million. The deal, which is expected to close in Q1, will be Hershey’s largest acquisition to date.
Target Acquires Shipt for $550 M
The big box retailer announced today that it has agreed to acquire Shipt, Inc., a leading online same-day delivery platform, for $550 million in cash. The acquisition strengthens Target’s position as a major competitor in the online grocery space.
Nestle Acquires Atrium Innovations for $2.3 B
Global confection leader Nestle announced this week that it has agreed to acquire Canadian vitamin maker Atrium Innovations, the parent company of functional food and supplement brand Garden of Life, for $2.3 billion in cash. The transaction is expected to close early next year.
Deep River Snacks Acquired by Parent Company of Wise Snacks
Mexico-based Arca Continental, the parent company of Wise Snacks and the second largest Coca-Cola bottler in Latin America, announced on Monday that it is acquiring mission-driven chip producer Deep River Snacks.
Sweet Deal: Harbor Sweets Acquires Cocoa Santé
The Salem, Mass.-based company announced last week that it acquired five-year-old Cocoa Santé, an all-natural line of organic hot cocoa mixes with a budding presence in grocery. Terms of the deal were not disclosed.
Nestlé Adds Chameleon to Growing Brand Portfolio
A week after finalizing the purchase of meat alternative company Sweet Earth, Nestlé USA today announced it’s widening its coffee portfolio with the acquisition of Chameleon Cold-Brew for an undisclosed sum.