Private-equity firm Forward Consumer Partners acquired artisan baker, Firehook Bakery, marking the first acquisition of the company’s $425m initial fund, the firm’s founder and managing partner, Matt Leeds, told FoodNavigator-USA.
CPG startups that have adjusted to a new reality of lower funding and focusing on profitability might have reason to be optimistic about the future of raising money, as two venture-capital investors told FoodNavigator-USA in separate interviews during...
For all the talk of higher interest rates and tighter capital, large CPG food and beverage brands are still acquiring brands to bolster their portfolios, especially in beverages and the better-for-you category, John Siegler of BMO Capital Markets shared...
Stacy’s Pita Chips has released three designer bags in Kroger’s US stores in honor of the November 19 celebration and PepsiCo's broader WomanMade platform.
New York-based smoothie delivery brand Daily Harvest - one of a new breed of online operators targeting time poor consumers prepared to pay for a service that makes healthy eating convenient and easy by delivering customized products to their doorsteps...
Unilever has received a binding offer from US buyout fund KKR to purchase its global spreads business for €6.825bn ($8bn) following an auction in which it saw off competing bids from CVC Capital Partners, Apollo Global Management, Clayton Dubilier &...
The era when investors in the food and beverage industry had all the leverage and could strategically pick the “perfect cut” by meticulously searching for “matching” opportunities in the perfect sector at the perfect time are “long over,” according to...
A hangover from the negative publicity of the past year has stalled M&A and financing activity in dietary supplements, even as this activity booms in other categories of the health and wellness space, according to investment group Nutrition Capital...
General Mills coughed up a cool $820m to buy Annie’s last year. But it has also signaled its intention to invest in brands at an earlier stage in their development via its 301 Inc venturing arm and a recent tie up with equity crowdfunding site CircleUp....
Being part of a multinational company will enable Enjoy Life Foods to significantly boost its distribution and accelerate the innovation process, chief marketing officer Joel Warady told FoodNavigator-USA after the allergen-friendly firm announced that...
ConAgra Foods has sold Lightlife - a manufacturer of frozen and refrigerated meat alternatives it acquired in summer 2000 - to private equity firm Brynwood Partners for an undisclosed sum.
Investment and acquisition trends in the health & wellness industry in 2013 are on a pace to match 2012, according to a report by Nutrition Capital Network (NCN).
Kraft Foods has agreed to divest a controlling stake in its Back to Nature brand food business for an undisclosed sum ahead of the company’s split in October.
Food and drink M&A activity is predicted to pick up this year, but who’s selling, who’s buying, and what is top of the shopping list? Elaine Watson caught up with Pat Conroy, vice chairman and US consumer products leader at Deloitte, to find out.
The top 10 publicly quoted food and drink companies in the US are sitting on a whopping $30.1bn in cash – and looking to spend it – according to corporate finance experts at Deloitte.
The summer season is traditionally not a time when much ink gets spread along the dotted line. But that hasn’t stopped the rumour mill working over time, with reports that Danisco may receive a bid from Apax and speculation over potential buyers of National...
Rumour, according to the Romans, is a feathered beast with a myriad eyes and tongues. Last week she went bristling through the Danish business pages, spreading the news that Danisco could be bought by a private equity firm.
Negotiations are underway between private-equity groups over the
sale of French natural ingredients firm Diana-Ingredients,
indicating a positive view of the company's potential in the
marketplace.
Cash, cash, cash. Castigated as simple asset-strippers out to make
a quick buck, the entrance of private equity onto the food industry
stage has participants chattering in the wings.
UK private equity firm 3i will shed food ingredients business Braes
Group to Spanish biotech firm Natraceutical in a €80 million deal
announced last week, reports Lindsey Partos.
Australian food ingredients firm Burns Philp could be close to
announcing the sale of its North American spice business, Tones
Brothers, for up to $500 million, say Australian media reports.
