Carol Ortenberg

Posts by Carol Ortenberg

Kerry Group Grabs Ganeden

At a presentation to investors yesterday, Kerry Group CEO Edmond Scalon announced that the Irish global nutrition and food conglomerate had acquired Ganeden, an ingredient company focused primarily on gut health and probiotics.

VMG Closes New $550M Fund to Invest In Entrepreneurial Brands

This week private equity investment group VMG Partners announced the close of its fourth fund at $550 million, with another $150 million available in a flex-up vehicle. The capital, said VMG Managing Director Wayne Wu, will be invested in emerging, lower middle market companies producing consumable branded goods.

Matt Jimenez Departs Whole Foods

Today in a letter to suppliers, Matt Jimenez, global senior category manager for grocery at Whole Foods Market, announced his departure. Jimenez’s last day will be tomorrow, and he said he will take a few weeks off before “launching his next venture.”

Key Takeaways From Whole Foods’ Dialogue with Employees

Following the Friday announcement that e-commerce pioneer Amazon would be purchasing natural products retailer Whole Foods Market, there has been rampant discussion over what the merger means for the retailer and industry. In communications to team members, both through email and a “town hall meeting” at Whole Foods headquarters, some information has come to light.

In-Depth: Why Amazon Scooped Up Whole Foods

In a deal that’s shaking the shopping experience for consumers, retailers, and food and beverage companies, Amazon’s scooping up of Whole Foods for $13.7 billion on Friday has hardened talk of large-scale disruption in the way consumers buy their groceries.

Chuck Muth, Former Coke Exec, Moves from Bevs to Burgers

Longtime bottling and sales executive Chuck Muth announced his retirement from Coke in 2016, but apparently he couldn’t retire from Seth Goldman, his former boss at Honest Tea. The two are reuniting, this time around Beyond Meat, the plant-based protein brand where Goldman serves as executive chairman.

Halen Brands Acquires OWYN, Launches S.A.F.E. Platform

To give consumers what they want, and perhaps what they need, CPG collective Halen Brands has acquired plant-protein centric brand Only What You Need (OWYN). The brand debuted at Natural Products Expo West as part of Halen’s newly launched, allergen-friendly brand platform, Safe Allergen Friendly Environment (S.A.F.E.).

Farmhouse Culture Announces 301 Investment & RTD Line

While Farmhouse most recently closed another round of funding in summer 2016, the brand decided to look for more capital to grow the company and increase the pace at which it scales.

Bonafide Launches “Drinkable Veggies,” RTD Made with Bone Broth

Bone broth, cold soup, and HPP juices collided in the grab-and-go space today with the release of Bonafide Provisions’ “drinkable veggies” line, the first product to use bone broth as an ingredient in a cold, ready-to-drink beverage format.

Mehta to Birth Brands at Born Wild

Today entrepreneur and investor Zubin Mehta announced the launch of Born Wild Brands. Mehta most recently served as CEO at Nourish Snacks, a better-for-you snack company founded by TODAY’s Joy Bauer.