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
Patagonia Provisions Acquires Moonshot Snacks
Climate neutral cracker brand Moonshot Snacks has been acquired by Patagonia Provisions, the food and beverage division of outdoor-centric brand Patagonia. The news marks Patagonia’s first acquisition in over twenty years.
Soylent CEO: Acquisition is ‘The Next Step in Our Evolution’
When plant-based nutrition brand Soylent began in 2013, it adopted a tech-influenced approach, dubbing its products Soylent 1.1, Soylent 2.0, and so on. Now, after its acquisition by CPG portfolio company Starco Brands earlier this week, the food and beverage maker is in stable release.
Soylent Acquired by Starco Brands
Publicly traded consumer products company Starco Brands, Inc. has acquired plant-based food and beverage maker Soylent, completing the brand’s evolution from red hot food-tech startup to cross-category CPG platform.
Tofurky CEO on Company Sale: ‘We Were Facing a lot of Challenges’
Last week Turtle Island Foods, which makes Tofurky and Moocho, was acquired by a subsidiary of multibillion dollar company Morinaga Milk Industry Co. With a purchase price of over $50M, the deal came as CEO Jaime Athos said the company was “facing a lot of challenges.”
Tofurky Acquired by Tofu Company Morinaga Nutritional Foods
Morinaga Nutritional Foods, a subsidiary of Morinaga Milk Industry Co, has acquired Turtle Island Foods, the producer of Tofurky and alt-dairy line Moocho, putting the Japanese-owned company in control of one of the leading plant-based meat brands in the category.
Strvye Co-founders Reunite to Acquire and Invest in Emerging Brands
Ultimately the holding company plans to have four entities in the company’s portfolio, two of which are already accounted for: egg white-based chip company Quevos and supplement and energy drink brand ProSupps.
Food Should Taste Good Acquired by From The Ground Up Parent Company
Powered by Real Food From the Ground Up continues to expand its salty snack business with the acquisition of tortilla chip brand Food Should Taste Good from General Mills.
Kerry Sells Sweet Ingredients, Focused On Nutrition Wellness
Kerry Group announced last week its intention to sell its sweet ingredients portfolio in order to further focus on functional ingredients and innovation in biotechnology for food.
Birch Benders Acquired By Hometown Foods As Sovos Narrows Focus
Less than two years after the baking mix brand was sold to Sovos Brands, Birch Benders announced today it has been acquired by baking platform Hometown Food Company.
RodeoCPG Sells R&D To JPG Resources, Seeks To Scale Sales
JPG Resources has acquired RodeoCPG’s Brooklyn-based R&D team allowing JPG to better serve brands in the Big Apple, while Rodeo pivots toward becoming a targeted, tech-forward sales management platform.