M&A
Featured M&A Content
Good Culture Eyes $1B Future With Catterton-Added Capacity
As cultured dairy brand Good Culture comes under the wing of PE firm L Catterton, the opportunities that have been sitting on the horizon are now within reach.
Campbell’s To Acquire Rao’s Sauce Maker
Campbell’s is doubling down on its bet on Rao’s, announcing during its first-quarter earnings call today it will acquire a 49% stake in the brand’s long-term producer, La Regina, for $286 million.
Stockeld Dreamery Sells Assets To Bettani Farms
Stockeld Dreamery has offloaded a portion of its assets to plant-based food tech entity Bettani Farms, formerly known as Climax Foods.
Additional Content
Hot Dog Divorce: Kraft, Heinz Detail Split
After nearly a decade together, the $45 billion megamerger that conjoined Kraft’s grocery business with Heinz’s sauce and spread platform will be unwinded as the global food company siphons off the businesses to introduce more focus and reduce complexity.
Post Sells Recently Acquired Pasta Business, Maintains Granola
In just under two months, Post Holdings has acquired and offloaded 8th Avenue Food and Provisions dry pasta business, which includes the Ronzoni brand.
CPG Week: KDP’s Plans For Peet’s And Painterland Sisters’ Fresh Funding
In this episode of CPG Week, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss Keurig Dr Pepper’s post-acquisition plans for the JDE Peet’s business, new funding for yogurt maker Painterland Sisters and alt-protein producer The Better Meat Company, and the decision behind Spindrift’s exit from the beverage alcohol 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.
CPG Week: A Daring Deal and Danone’s Dogged Pursuit of Lifeway Foods
In this episode of CPG Week, Nosh managing editor Monica Watrous and senior reporter Brad Avery dig into an acquisition, an acquisition attempt and an acquisition target, as well as an artificial intelligence mishap.
Daring Foods Acquired by v2food With Ajinomoto Investment
Plant-based poultry producer Daring Foods has been acquired by Australian alt-protein company v2food, with backing by Ajinomoto Co, Inc. Financial terms of the transaction were not disclosed. Jeff Gendelman, CEO of Daring Foods, told Nosh the partnership will leverage the scale and frozen food expertise of Ajinomoto and the proprietary protein technology of v2food, bringing the brand into new protein formats and meal occasions across retail and foodservice channels.
Danone Is Trying To Buy Lifeway, Again
The clock is ticking on a potential acquisition by Danone of kefir category leader Lifeway, as the French dairy giant is pressuring company leadership to again discuss a deal that has already been attempted twice in the past year.
Schuman Cheese, GOOD PLANeT Form Joint Venture
Schuman Cheese and GOOD PLANeT Foods have entered into a joint venture, GPV Foods, to scale their respective plant-based cheese businesses.
B&G Foods Bids Goodbye to Another Brand
Another B&G Foods brand has left the stable. The New Jersey-based conglomerate announced the sale of the Le Sueur brand of premium canned sweet peas, green beans and carrots to McCall Farms, Inc. as part of its ongoing portfolio restructuring.
CPG Week: Keurig Dr Pepper’s Drink Mix Deal and Black Rifle’s Legal Combat
On the CPG Week podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss Keurig Dr Pepper’s acquisition of Dyla Brands, the legal drama surrounding veteran-owned Black Rifle Coffee Company, and formation of a new collective advocating for higher standards across the food system, and the challenges and triumphs of dehydrated fruit company BranchOut Food.