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.
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.
Terms of the deal were not disclosed. As part of the acquisition, Lisa Pounds, Green Plate Founder and CEO, will assume the new role of CEO of Celebrate Brands.
Watch as Stonewall Kitchen CEO John Stiker spoke with the NOSH team about how he’s looking to further build out Stonewall’s gourmet food empire by diversifying. The hope is to create a platform of numerous specialty brands across all categories.
The Loveland, Colorado-based meat and vegetable brand, Wild Zora, announced it bought the freeze-dried meal brand today. Terms of the deal were not disclosed.
Chicago Custom Foods LLC, the maker of popcorn seasoning Kernel Season’s, was sold on Tuesday by VMG Partners and the brand’s founder, Brian Taylor, to middle-market private investment firm Highlander Partners. Terms of the deal were not disclosed.
In an effort to bulk up its nutrition lineup, sports performance and supplement-maker Nature’s Bounty acquired “real food-based” nutrition bar brand The Best Bar Ever last week. The purchase adds a clean-nutrition halo brand to Nature’s Bounty’s growing portfolio of sports and nutrition products.
The global confectionery leader announced today that it has agreed to acquire Skinny Pop maker Amplify Snack Brands for more than $920 million. The deal, which is expected to close in Q1, will be Hershey’s largest acquisition to date.
The big box retailer announced today that it has agreed to acquire Shipt, Inc., a leading online same-day delivery platform, for $550 million in cash. The acquisition strengthens Target’s position as a major competitor in the online grocery space.
Global confection leader Nestle announced this week that it has agreed to acquire Canadian vitamin maker Atrium Innovations, the parent company of functional food and supplement brand Garden of Life, for $2.3 billion in cash. The transaction is expected to close early next year.