M&A
Featured M&A Content
Woodland Gourmet Acquires International Spices
Specialty ingredient purveyor Woodland Gourmet announced today it has acquired International Spices, which creates “high-impact blends” for use in snacks, proteins and prepared foods.
Strategic Investment in CPG: Northhall’s Q3 2025 Report
As early-stage deal flow moderates and mid-sized rounds gain share, the quarter signals a market that is stabilizing at a more sustainable pace – one defined by disciplined capital allocation, selective growth, and investor confidence in category leaders.
Seven Sundays Acquires Longtime Manufacturer
Better-for-you breakfast brand Seven Sundays revealed it has taken a step toward vertical integration with the acquisition of its longtime manufacturing partner Birch Packaging. The transaction closed in June, and financial details were not disclosed.
Additional Content
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.
Harvest Group Strengthens Costco Capabilities with Acquisition
Commerce agency Harvest Group is strengthening its position in the club channel with the acquisition of Next Step Club Solutions, a Costco-focused brokerage firm. Financial terms of the transaction were not disclosed.
Sartori Expands Cheese Empire With Rumiano Acquisition
Fourth-generation cheesemaker Sartori announced its acquisition of organic cheese and butter producer Rumiano on Monday, bringing together two legacy, family-owned businesses.
Ahead of the Curve: Q2 2025 Food & Beverage Trends from the Spate Popularity Index
Discover the fastest-rising food and beverage trends of Q2 2025—powered by real-time search and TikTok data that reveal what consumers are truly craving next.
CPG Week: David’s Goliath Raise and Big Papi’s Big Bet on Rum
This week, the podcast team discusses big moves by protein bar startup David, plus industry reactions to the Make America Healthy Again (MAHA) Commission’s recent report on ultraprocessed foods, fermented foods maker Cleveland Kitchen’s recent capital raise, and a former slugger’s new spirits venture.
Protein Bar Brand David Closes $75M Series A, Buys Ingredient Supplier
Peter Rahal’s new protein bar brand David has closed a $75 million Series A round and taken a step towards vertical integration with the acquisition of Epogee, one of its ingredient suppliers. The new tranche of funding was led by Greenoaks, with participation from Valor Equity Partners.
B&G Sells Off Italian Brands as Net Sales Keep Dropping Double-Digits
In a push to help pay off long-term debt, B&G Foods is selling two of its tomato products brands – Don Pepino and Sclafani – to Violet Foods LLC, a newly formed portfolio company.