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PPV Fund III will continue to invest in consumer-facing brands that are better for people and the planet and will focus solely on growth stage companies. PPV Fund III will invest between $15 million and $40 million in target companies as active, primarily minority, investors.

AIDP, Inc. is pleased to announce an exclusive North American distribution agreement with American River Nutrition (Hadley, MA) for GG-Gold® and DuoQuinol®.

Two chef-driven consumer packaged goods brands Wicked Kitchen and Good Catch are making a splash in the industry by announcing Wicked’s acquisition of the premier plant-based seafood brand’s North American channels. The deal will extend Wicked Kitchen’s multi-category plant-based offerings to frozen and ambient seafood products enhancing the company’s expansive portfolio of meal solutions and ingredients.

Costs for lab-grown meat products are currently higher than those of their conventional counterparts, but with increased volumes, production costs will ultimately be lower than those of factory farming. Clever Carnivore is uniquely positioned to streamline and scale up the cultivated meat production process due to the team’s background in low-cost cell culture media optimization.

Blue Point Capital Partners recently invested in food businesses with the acquisition of Water Lilies Food, LLC. Water Lilies is a manufacturer and distributor of premium frozen Asian-inspired cuisine for major retail private label and foodservice customers nationwide.

Gadot Biochemicals Industries, Ltd. (GBI), a supplier of citrate-based ingredients, fortifying minerals, bisglycinates, phosphates, gluconates, and custom solutions for the food, beverage, dairy, and nutraceutical industries, announced the appointment of Eva Criado Clemente as marketing manager and sales manager for Europe and Latin America (LATAM.) 

While a cold hot dog may be polarizing, tens of thousands of fans relished the idea of a hot dog-flavored frozen pop and crowned the Cold Dog “genius,” so the brand made it a reality.

BENEO, a leading manufacturer of functional ingredients, announced the appointments of Juliana Hirata as area sales manager, US, and Canada, and of Thomas Weber as area sales manager, Latin America. 

Meridian Flavors is the fifth company joining FlavorSum following the 2020 mergers of National Flavors, GSB & Associates and Bonnie & Don Flavours, and the 2021 addition of Whittle & Mutch.