From understanding when to exit to securing favorable agreements with co-manufacturers, food and beverage startups are facing a myriad of business challenges that are likely to persist throughout 2024 as private-equity capital continues to dry up, Christopher...
Fruit snack brand RIND acquired Vermont-based granola manufacturer Small Batch Organics for an undisclosed sum as part of an initiative to shore up its supply chain and expand into the private label business, Matt Weiss, co-founder and CEO, told FoodNavigator-USA.
A trio of acquisitions and divestments in the packaged food industry at the turn of the new year suggest companies are taking a proactive and aggressive approach to rebuilding their businesses by reshaping their portfolios after industry stocks overall...
Foodtech company, Planting Hope plans to reach Gen Z and Gen Alpha with its recent acquisition of a portion of Argo Tea’s assets, Julia Stamberger, CEO & Co-Founder, Planting Hope, told FoodNavigator-USA.
JM Smucker wants to expand its leadership position in the at-home coffee category, where it currently holds 26% of the market share and three of the top eight brands, through potential acquisitions, innovation, broader geographic reach and reinvigorated...
Following in the footsteps of its competitors Field Roast and Lightlife, Tofurky announced its acquisition, along with its sister brand Moocho, by US-based tofu manufacturer Morinaga Nutritional Foods. This deal was “an expected move” for the third largest...
While Nestlé CEO Mark Schneider touted the company’s “consistent financial results” over the past few years despite “living in a very volatile and turbulent environment” thanks partly to an aggressive portfolio reshaping, he also acknowledged not all...
Plant-based yogurt brand, Lavva, has been acquired by Brooklyn-based venture firm Next in Natural and has appointed a new CEO, Jeff Lichtenstein, to help the brand keep up with consumer demand and produce additional innovation.
General Mills continues to hunt aggressively for acquisitions to build out its five core platforms, including cereal, ice cream, snack bars, Mexican food and pet food, and to consider strategic divestitures as part of a broader strategy to reshape its...
Nestlé Health Science has agreed to purchase a majority stake in Orgain, a plant-based nutrition company, from its founder Dr Andrew Abraham and Butterfly Equity, who will continue to be minority share owners.
Swiss flavours and fragrances giant Givaudan has announced plans to acquire DDW, The Color House, in a deal that will make it a ‘global leader’ in the natural colours space.
Marking its first acquisition for its new fund, Charlotte, North Carolina-based private equity firm Falfurrias Capital Partners has acquired raw and unfiltered honey brand, Local Hive Honey. Terms of the deal were not disclosed.
First time entrepreneurs often lament that if they had known how much work it would take to launch a startup they might not have done it, but the husband and wife duo and long-time industry veterans behind the plant-based protein brand Sweet Earth Natural...
