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
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.
All Grown Up: Baby and Mommy Brands Acquired
Starting a company is a bit like having a child. Months of gestation, a lot of painful tooth-gnashing to get it out into the world, and then nights of sleeplessness hoping you’re doing everything right. Milkmakers and Anchor Bar Two (two brands that are still in their youth, and coincidentally catering largely to the mommy market) recently announced that they’ve moved on to the next phase of their development via acquisition.
Phil Anson Bids Adieu to Boulder Brands
In 2002 Phil Anson founded what would become EVOL Foods and quickly turned it into a leading multi-category frozen foods brand. In 2013 Anson sold the brand to Boulder Brands, which in turn was acquired by Pinnacle Foods in 2015. Anson remained with Boulder Brands until this summer. Just a few weeks into his “retirement” from the brand, Anson spoke to Project NOSH about his time with the company and what’s next for his career.
To Take Over Salty Snacks, PopCorners Forms A Rebellion
The past year has been busy for contract manufacturer Ideal Snacks and PopCorners producer Medora Snacks. In July 2015, the two brands, were acquired by global private equity firm Permira and consolidated under the moniker Better For You (BFY) Brands. Now the company, under CEO Paul Nardone, is unveiling a new, global, consumer-facing identity. The brand, Our Little Rebellion, will house five year-old PopCorners (a line of popped corn chips) along with two other brands.