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
DayDayCook Pivots to Bitcoin, But its CPG Portfolio is AWOL
DDC Enterprise Limited, which does business as DayDayCook, has raised a whopping $124 million in equity financing – but it doesn’t seem likely that much, if any, of it will be put into the Hong Kong-based company’s recent CPG acquisitions.
CPG Week: Once Upon An IPO. Plus, Will A Food Health Score Influence Shoppers?
On this episode of CPG Week, Nosh managing editor Monica Watrous and senior reporter Brad Avery unpack Once Upon A Farm’s IPO announcement, a grocery retailer’s adoption of a food health scoring system, breakfast maker Seven Sundays’ step toward vertical integration, and Beckett Industries’ new food and beverage focused fund.
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.
Can Big Food Compete Among Entrepreneurs?
Legacy CPG companies are a goalpost for food industry entrepreneurs. But that dynamic may be shifting as large corporations struggle under their own weight.
Sweets From The Earth Poised For U.S. Expansion Following PE Deal
Sweets from the Earth, a Toronto-based manufacturer of vegan and allergen-free sweet baked goods, has been acquired by Canadian firm Fengate Private Equity. Financial terms of the transaction were not disclosed.
Meat Producers True Story, Fork in the Road Merge to Create Unified Brand Identity
Sustainable meat brand Fork in the Road has merged with “sister company” True Story Foods, creating a unified business under the True Story name, with Fork in the Road products to be integrated into the existing True Story line of meats. Terms of the deal were not disclosed. Since their respective foundings in 2010 and… Read more »
Louisville Brands Acquires Louisville Vegan Jerky
Consumer holding company Louisville Brands has acquired Louisville Vegan Jerky Company from early-stage investment firm Render Capital. Financial terms of the transaction were not disclosed.
CPG Week: Have We Hit Peak Protein? Plus, A Private Brands Boom
In this episode of CPG Week, Nosh managing editor Monica Watrous and senior reporter Brad Avery analyze the evolution of private label from off-brand to on-trend. The podcasters also discuss recent examples of the protein craze in Wandering Bear’s new latte line and Brami’s lupini bean-based pasta. Additionally, the hosts dig into British mixer brand Fever-Tree’s partnership with Molson Coors and an interesting new innovation in the frozen aisle.
Dynamic Diet Duo? Splenda Parent To Acquire SlimFast
Heartland Food Products Group, manufacturer of Splenda brand low-calorie sweetener and drink mixes, has acquired SlimFast’s U.S. operations from nutrition supplement maker Glanbia. Financial terms of the transaction were not disclosed.
Calbee Takes Majority Stake in Hodo, Targeting U.S. Plant-based Growth
Calbee, Inc. has taken a majority stake in sustainable tofu brand Hodo, Inc., marking its entry into the U.S. plant-based food market.