M&A
Featured M&A Content
Can Big Food Compete Among Entrepreneurs?
Legacy CPG companies are a goalpost for food industry entrepreneurs. But that dynamic may be shifting as large corporations struggle under their own weight.
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.
Additional Content
Halen Brands Acquires OWYN, Launches S.A.F.E. Platform
CPG collective Halen Brands has acquired plant-protein centric brand Only What You Need (OWYN). The brand debuted at Natural Products Expo West as part of Halen’s newly launched, allergen-friendly brand platform, Safe Allergen Friendly Environment (S.A.F.E.).
Thanasi Founder Talks Conagra Acquisition
The competition in the snack set will see some sibling rivalry with today’s announcement that Conagra Brands, producer of DAVID seeds and Slim Jim, has entered into an agreement to acquire Thanasi Foods, maker of BIGS seeds and Duke’s meat snacks
JBT Corporation Acquires Avure Technologies, Inc.
JBT Corporation (NYSE: JBT) today announced it has acquired Avure Technologies, Inc. (“Avure”) for $57 million, before post close adjustments. Avure is a leader in food processing technology and has gone on to create a range of HPP systems for worldwide tolling centers and major food manufacturers all over the globe.
Branding and Manufacturing Deals Lead the Day
A manufacturer brought a brand in house, and a brand house invested in a manufacturer today. Snack brand Snyder’s-Lance announced today that it made an investment in Natural Foodworks Group (NFG) while incubator Fresca Foods acquired Open Road Snacks.
San Francisco Equity Partners Acquires Red Monkey Foods
San Francisco Equity Partners (SFEP), a private equity firm exclusively focused on expansion-stage companies in the consumer industry, announced today that it has acquired a majority stake in organic spices and seasonings company Red Monkey Foods. SFEP will partner with Founder and CEO Jeff Brinkhoff and his team to capitalize on the strong momentum in the business.
Why ‘Mr. Bubbie’ Sold His Mochi Ice Cream Empire
Longtime Founder and CEO Keith Robbins sold Bubbies Homemade Ice Cream to Kenex Holdings, a Chicago-based investment company, after almost 32 years of business. Financial terms of the deal were not disclosed.
Everstone Group Acquires Stake in Omniactive Health For $35m
The $35 million deal is to strengthen OmniActive’s presence in the global nutraceutical space.
Ingredion Acquires Tic Gums
At a time when even the most routine of ingredients is required to have a “clean” aura, a leading ingredient company has glommed up some clean-label gums.
Centre Partners Announces Sale of Bellisio Foods
Centre Partners Management LLC announced today that its portfolio company Bellisio Foods Inc. has entered into a definitive agreement to be acquired by Charoen Pokphand Foods Public Company Limited, of Thailand, for $1.075 billion.
Gorilly Goods to Join Nature’s Path Family
That gorilla grew fast! After just over two years in business, raw nuts and seeds snack brand Gorilly Goods) has sold a controlling stake of the company to cereal and snack company Nature’s Path.