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Nicks_IceCream_900

N!CK's Ice Cream Names New Leadership

Carlos Altschul to take on role as CEO
January 21, 2021
N!CK's, a Swedish-style light ice cream, announced the addition of Carlos Altschul as new CEO, guiding the company's record growth in the US as it expands in retail and e-commerce, direct to consumer presence in 2021 with a focus on innovation, retail distribution and operational excellence.
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Food Industry News

Vestar Capital Partners Makes a Majority Investment in Dr. Praeger's Sensible Foods

Dr. Praeger's specializes in nutritious plant-based frozen and refrigerated foods made from simple ingredients
January 21, 2021
Vestar Capital Partners, a US middle-market private equity firm, announced that it has made a majority growth investment into Dr. Praeger's Sensible Foods, a fast-growing brand specializing in nutritious plant-based frozen and refrigerated foods made from simple ingredients. Terms of the transaction were not disclosed.
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Food Industry News

Tropicale Foods Acquires Paleteria La Michoacana

Move creates expansive Hispanic frozen novelty company
January 21, 2021
Wind Point Partners and portfolio company Tropicale Foods, a manufacturer of authentic Hispanic-inspired frozen novelty products under the Helados Mexico brand, announced the acquisition of Paleteria La Michoacana (“PLM”), a portfolio company of Canum Capital Partners and Greyrock Capital Group.
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BeyondMeat_900

Beyond Meat Unveils Plans for New State-of-the-Art Global Headquarters

New facility will be constructed with focus on accelerated innovation
January 21, 2021
Beyond Meat, Inc. announced its plans to enter a 12-year lease in a new, nearly 300,000 square foot space at 888 N. Douglas St.in El Segundo, Calif. The building is currently under development by Hackman Capital Partners with anticipated completion in spring 2021.
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BlueNalu Secures $60 Million in Convertible Note Financing

Financing will enable completion of world’s first commercial pilot facility for producing cell-based seafood, and support plans for market launch in late 2021
January 20, 2021
BlueNalu, an innovative food company producing a variety of seafood products directly from fish cells, today announced the closing of $60 million in debt financing from new and existing investors. This marks the largest financing to date in the cell-based seafood industry worldwide. Previously, BlueNalu announced completion of its Series A round of $20 million in early 2020, and its Series Seed round of $4.5 million in early 2018.
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Steven Charles - A Dessert Company Appoints New Leadership

Company fills two key leadership roles, including one appointment to the executive team
January 20, 2021
Steven Charles - A Dessert Company announced that it has filled two key leadership roles, including one appointment to the executive team.
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Olam Food Ingredients Acquires US Chile Pepper Business

Acquisition is on-trend to support rising consumer demand for Mexican flavors
January 19, 2021
Olam Food Ingredients, the new operating group created after the reorganization within Olam International Limited earlier this year, is expanding its Spices portfolio to meet the rising demand for bold, authentic flavors with the acquisition of one of the world’s leading suppliers of premium green chiles, jalapeños and enchilada sauces.
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Org_Garage_900

Organic Garage to Acquire Plant-Based Cheese Company

The company has entered into a binding letter of intent to acquire all of the issued and outstanding securities of The Future of Cheese Company Corp.
January 19, 2021
Organic Garage Ltd., announced that it has entered into a binding letter of intent to acquire all of the issued and outstanding securities of The Future of Cheese Company Corp., a private Canada corporation. FoC is a Toronto, Ontario based organic, vegan premium plant-based company in the business of developing, manufacturing and marketing plant-based cheeses and plant-based cheese products.
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HealthyHeight_900

NGS Expands US Reach with Kids' Nutritional Shakes

Healthy Height was developed and tested by pediatricians as a holistic solution to nourish growing children aged three to nine years
January 19, 2021
Nutritional Growth Solutions, Ltd. (NGS) is cementing its stronghold in the USA after completing a new agreement to bring its pediatric nutritional height-boosting solution, Healthy Height®, to the US medical market.
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Zico_2016_900.jpg

Founder of ZICO Coconut Water Re-Acquires Brand from The Coca-Cola Company

PowerPlant Ventures welcomes premium beverage brand home under new zico rising platform
January 18, 2021
PowerPlant Ventures announced that the fund has acquired ZICO coconut water from The Coca-Cola Company. PowerPlant Ventures, a growth equity investor, was co-founded and is co-led by Mark Rampolla, who is the brand visionary behind ZICO, which he founded in 2004 and sold to The Coca-Cola Company in 2013.
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