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
Hershey To Acquire LesserEvil Snacks For Reported $750M
Hershey is acquiring organic popcorn and healthy snack brand LesserEvil for reportedly $750 million, adding to the Pennsylvania food maker’s growing portfolio of salty snacks.
CPG Week: Pepsi Buys Poppi. Your Move, Coke.
On this episode of CPG Week, the team unpacks PepsiCo’s unsurprising acquisition of better-for-you soda brand Poppi.
A Bite With Manna Tree’s Ross Iverson on MAHA’s M&A Effect
Ross Iverson has seen how industry winds can change the appetite for M&A and exit strategies of emerging brands. Where could they blow amid the Make America Healthy Again movement?
PLTFRM Goes Deep in Natural, Buys Presence Marketing
Presence Marketing, a natural products brokerage firm that grew out of its Chicagoland founding in 1990 to become the largest independent sales and marketing organization in its channel, has been bought by PLTFRM, a multi-channel sales, marketing, and investment company.
How Back To Nature Rebuilt With An ‘Insurgent Brand Mindset’
Back to Nature has reconstructed the basics of its operations while rebuilding its team and refining its approach to the better-for-you snack category two years after B&G Foods sold it to Barilla without a single team member.
Lakeview, noosa Combine As Novus Foods
Lakeview Farms and its newly-acquired noosa brand have merged to form new entity Novus Foods. The move comes less than three months after CapVest Partners-owned Lakeview announced its plans to acquire noosa from Campbell’s.
Ahimsa Companies Snaps Up Blackbird Foods
Private equity firm Ahimsa Companies is growing its portfolio of plant-based food brands. The company announced on Friday it has acquired frozen pizza and wings purveyor Blackbird Foods.
Food Funding Forecast Clouded By Uncertainty
The year is barely underway, and already several significant deals struck in the packaged food sector provide reason for optimism after a tough period on the financing front. While some industry watchers anticipate the pace of transactions to accelerate, others expect strategic acquirers and investors to remain prudent and disciplined. “We see investors are being… Read more »
Flowers Foods: Volumes Down, Income Up In ‘Mixed’ Q4 Results
Amid the impending acquisition of Simple Mills, Flowers Foods reported “mixed” Q4 and FY2024 earnings as it goes deeper in better-for-you baked goods.
Sweet Deal: Smucker Divests More Brands to Prioritize Hostess
J.M. Smucker is continuing to cull its portfolio, announcing on Friday it has agreed to sell its Cloverhill and Big Texas value-positioned brands, as well as certain private label products, to JTM Foods, LLC in a deal valued at approximately $40 million.