Summary: General Mills has decided to sell Muir Glen, a smaller brand in its portfolio, in order to focus more on its core products like Cheerios and Progresso. The sale comes at a time when more people are cooking at…
Equity
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Exciting News: Tapatio Hot Sauce Acquired by Highlander Partners Private equity firm Highlander Partners has recently announced the acquisition of the iconic Tapatio hot sauce brand. The deal, which was finalized for an undisclosed amount, marks a new chapter for…
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Plant-based brand Caulipower has been acquired by private equity firm Paine Schwartz Partners. Caulipower, known for its cauliflower-crust pizzas and other cauliflower-based products, will now be under Paine Schwartz’s Urban Farmer brand, which specializes in specialty dough products. The financial…
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Keurig Dr Pepper has secured $7 billion in funding from private-equity firms to support its $18 billion acquisition of JDE Peet’s. This investment comes as the company addresses concerns from investors regarding its planned separation into two independent entities post-acquisition.…
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NEW YORK — Staying connected with consumers and maintaining brand relevance requires constant effort. Todd Kaplan, the CMO at Kraft Heinz, is responsible for managing 70 brands. Speaking at Advertising Week New York, Kaplan discussed the challenges marketers face in…
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Key Points: Dole sold its fresh vegetable division to private equity firm Arable Capital Partners for $140 million. Dole will retain its facilities in Huron, California, and Yuma, Arizona. The initial deal with Fresh Express was terminated due to opposition…
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The Rise of Brynwood Partners in the Food and Beverage Industry Brynwood Partners, a private equity firm, has been making waves in the food and beverage space with a series of high-profile deals. In May, they divested SunnyD maker Harvest…
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Dive Brief: Conagra Brands has entered a definitive agreement to sell the Chef Boyardee brand to Hometown Food company, a part of private equity firm Brynwood Partners, for $600 million. Hometown will acquire a Pennsylvania plant and Chef Boyardee’s shelf-stable…
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Dive Brief: Butterfly, a private equity firm, has announced its acquisition of the Duckhorn Portfolio luxury wine company for $1.95 billion in cash. After the transaction, Duckhorn will remain operational under its current name as a privately held company based…