M&A

Laird Superfood has acquired vertically integrated wellness product platform Terrasoul Superfoods for $48 million, continuing its strategy to grow through M&A.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery discuss Unilever’s acquisition of Grüns, Suja Life’s initial public offering, Ithaca Hummus’ plans for category domination, and Mark Anthony Brands’ purchase of Finnish Long Drink.

After more than a year marked by lower deal counts but rising enterprise value, the food and beverage M&A market is both cautious and selective, though deals may accelerate if macro conditions stabilize.

Less than three years after launching, supplement gummy brand Grüns has agreed to be acquired by personal care and beauty multinational Unilever.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery unpack the McCormick-Unilever merger, Constellation Brands’ purchase of HOP WTR, Create Wellness’ fresh funding-fueled expansion, and Q Mixers’ move into functional beverages.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss Danone’s acquisition of Huel, fresh funding for frozen dumpling maker Laoban, a potential merger in the condiment set, and the high cost of eating according to the new food pyramid.

Such a deal would add Hellmann’s mayonnaise and Knorr stock cubes to McCormick’s broad portfolio of condiments, sauces and seasonings under the Frank’s RedHot, French’s, Old Bay, Zatarain’s, Lawry’s and Stubb’s brands.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery discuss a class action lawsuit against David Protein, Bloom’s entry into the crowded protein soda set, Bachan’s post-acquisition plans, and George Clooney’s near beer brand.

After six and a half years building distribution and refining its product lineup, Japanese barbecue sauce brand Bachan’s was ready to find a strategic partner that could help it go “further faster,” said founder and CEO Justin Gill.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss the acquisitions of frozen dessert maker My/Mochi Ice Cream and next-generation sports drink brand Local Weather. The hosts also speculate about David Protein’s entry into the ice cream category and singer Benson Boone’s involvement with Caliwater.