Laird Activates M&A-Driven Platform Strategy With Nexus Backing
Backed by a new investment partner, Laird Superfood has big plans for expansion. The Colorado-based brand is working with Nexus Capital to build a superfood platform.
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Backed by a new investment partner, Laird Superfood has big plans for expansion. The Colorado-based brand is working with Nexus Capital to build a superfood platform.
NextFoods Inc., the parent company of better-for-you beverage brands Cheribundi and GoodBelly, has raised $10 million in a funding round led by investment firm ECP Growth. ECP (Emil Capital Partners) has long been the largest investor in NextFoods and helped steer the 2023 merger with Cheribundi.
Beverage packaging manufacturer Ball Corporation will acquire an 80% majority stake in Benepack’s European can manufacturing businesses, including two production facilities in Belgium and Hungary.
Hilrod Holdings, a limited partnership tied to Monster Energy Corporation executives, was named the successful bidder for Rite Aid's Thrifty ice cream brand.
Neutonic, the supplement brand fronted by podcaster Chris Williamson and fitness YouTuber James Smith, this morning announced it has raised $3.7 million at a $20 million valuation to help fuel the expansion of its RTD productivity drinks.
Chris Reed, the founder of ginger beer brand Reed’s, is going deeper into the co-packing business via the acquisition of the recently-shuttered Joriki Beverage aseptic beverage production facility in Pittston, Pa.
On the CPG Week podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss the latest update on low-carb bread maker BetterBrand, a new investment for Momofuku Goods, IPO rumors for Jennifer Garner’s children’s food brand and why one frozen novelties maker is throwing in the towel on its kids’ drinks.
Buoyed by strategic exits of portfolio companies LesserEvil and Hero Cosmetics, Aria Growth Partners announced today the close of its second fund with $152 million in capital commitments.
Flow Beverage Corp. touted 14.3 million Canadian dollars in new investment so far this fiscal year as fuel to spur a return to growth, despite suffering a 17% year-over-year drop in consolidated net revenue.
At BevNET Live Summer Day 1, entrepreneurs and stakeholders tackled leadership amid transformation, what CPG investors are looking for in brands and the current state of hemp-derived THC drinks, among many other topics.
The Small Business Administration (SBA) under the second Trump term does not seem to be signaling support for its core constituents: Small businesses.
In an industry where cash is hard to come by, but insights and experts are plenty, one expert makes a case for part-time hiring as a strategy to scale up.
Justice Haynes is hoping to bring some of his rising star to startup juice brand Loom, as the University of Michigan football player has taken an equity stake in the business as part of a new NIL deal last week.
This week, the podcast team discusses the merger of two legacy cheesemakers and the exit of a major beverage alcohol distributor from a key spirits market. Next, the hosts dig into the debut of digitally-native supplement brand AG1 in physical retail and explore why the news of an energy drink startup’s new investor brings fresh opportunities for its growth goals.
There’s a new-ish manufacturer in town. After Flavor Reddy Foods grew its food manufacturing footprint via M&A in the past two years, the company is bringing the combined businesses together under one new entity, Trillium Foods.
As it works to wean itself off of the combustible tobacco products that made it a multi-billion dollar behemoth, British American Tobacco (BAT), the 123-year-old multinational nicotine producer, has been placing bets on the better-for-you, functional food and beverage sector
Three hemp-derived THC brands have lined up new financing rounds of less than $2 million each, even as regulatory challenges mount state-by-state.