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
Loma Linda Parent Up For Auction After Failed SPAC
Atlantic Natural Foods has entered into an asset purchase agreement with Century Pacific North America Enterprise, Inc., to restructure its supply chain after terminating a three-year relationship with Above Foods Ingredients, Inc.
CPG Week: BetterBrand’s Founder Goes AWOL. Plus, Momofuku’s Fresh Funding
On the CPG Week podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss the latest update on low-carb bread maker BetterBrand, a new investment for Momofuku Goods, IPO rumors for Jennifer Garner’s children’s food brand and why one frozen novelties maker is throwing in the towel on its kids’ drinks.
Aria Growth Partners Closes $152M Fund-II
Buoyed by strategic exits of portfolio companies LesserEvil and Hero Cosmetics, Aria Growth Partners announced today the close of its second fund with $152 million in capital commitments.
SPINS Acquires Datasembly to Provide Pricing and Promotional Intelligence
SPINS announced today the acquisition of Datasembly, a retail data platform focused on hyperlocal, real-time pricing and promotion analytics.
C&S Wholesale Grocers to Buy SpartanNash for $1.77 Billion
C&S Wholesale Grocers announced today it has agreed to purchase food solutions company SpartanNash for a total consideration of $1.77 billion, including debt.
Investment Firm KDSA Buys NW Regional Cold-Chain DSD House Williams
Food-and-beverage focused firm KDSA Investment Partners has acquired Spokane, Wash.-based direct-store-delivery house Williams Distributors, a significant provider of ice cream and other frozen foods throughout the Northwest.
Conagra Divests Van de Kamp’s, Mrs. Paul’s Seafood Brands
Conagra is selling off more brands, this time moving its Van de Kamp’s and Mrs. Paul’s frozen seafood brands to their co-manufacturer, High Liner Foods, in a $55 million cash deal. According to an announcement today, the deal only divests the intellectual property rights and inventory for the two brands, but does not include employees or manufacturing facilities.
Ryan Trahan-Backed Joyride Raises $30M to Shake Up Sour Candy Scene
Creator-backed candy company Joyride (formerly Project 7) has raised a $30 million round, per a Form D filed with the Securities and Exchange Commission (SEC) on Wednesday.
CPG Week: A Spirits Distributor Exits California. Plus, AG1 Hits Costco
This week, the podcast team discusses the merger of two legacy cheesemakers and the exit of a major beverage alcohol distributor from a key spirits market. Next, the hosts dig into the debut of digitally-native supplement brand AG1 in physical retail and explore why the news of an energy drink startup’s new investor brings fresh opportunities for its growth goals.
Reddy Family Expands Manufacturing With Trillium Foods, Backed by Bain Capital
There’s a new-ish manufacturer in town. After Flavor Reddy Foods grew its food manufacturing footprint via M&A in the past two years, the company is bringing the combined businesses together under one new entity, Trillium Foods.