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Carol Ortenberg Sir Kensington’s Co-Founder & CEO Talks Unilever DealWhen Mark Ramadan and Scott Norton, the co-founders of high-end condiment company Sir Kensington’s, were introduced to Kees Kruythoff, President of Unilever North America, they went into the meeting with the mindset that their company was not for sale. Five months later, the seven-year-old company announced today that it had been purchased the CPG giant, which owns some of the largest brands in the world -- including erstwhile competitor Hellman’s, as well as Ben & Jerry’s, Lipton and Breyer’s. |
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Carol Ortenberg Beanfields Acquired, Adapts New Mission-Driven StructurePowerPlant Ventures has looked to coconuts, greens, pea protein and algae, and now the private equity group is betting on beans -- and rehabilitation. The venture fund announced today it had acquired Beanfields, a line of rice and bean-based chips. The brand was acquired by a coalition of investors including Zico founder Mark Rampolla, media and CPG investor Bruce Friedman and PowerPlant Ventures, where Rampolla is a partner. |
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