Food and beverage industry news.
Yesterday, investment group Monogram Capital announced that it had closed its first fund at $152 million. Monogram has previously invested in food brands including Ellenos greek yogurt, jerky producer Country Archer, frozen food brand Kidfresh and fast casual restaurant concept, Dig Inn.
Courtney Reum, co-founder of M13, explains why the brand development and investment firm focuses on the convergence of consumer brands, media and tech; meet Wing Lam, the wild and winsome co-founder of the iconic restaurant chain Wahoo’s Fish Taco; an Elevator Talk that will pique your interest in “cold brewed tea crystals.”
The new Organic Cracker N’ Nut Butter snack bars could help the brand grow its grocery presence, too.
The food industry made headlines this week, for better or worse. From raises to recalls, here is your latest in natural food news.
This month, the two food brands both made major funding announcements and declared plans to expand their reach nationally. Here’s the latest on both investments.
Earlier this month, the company announced a redesign across all of Minute’s product portfolio and has begun rolling it out to retailers. This is the most comprehensive package redesign the brand has seen in more than a decade.
Grocery broker Impact Group acquired two sister East Coast sales and marketing agencies, Wildfire Sales and Epic Natural Sales. The transaction establishes the company’s national footprint in the natural channel.
From salmon bites to coconut chips, here’s the latest distribution news in the natural food world.
The acquisition pushes Aspire into a new growth phase: It now needs to scurry to build out a bigger cricket farming facility to meet the demands of all current customers along with the new brand.
The brand expects to be in roughly 8,000 grocery doors by summer 2018, and is also rapidly growing its product offerings thanks to consumer input.