Key Takeaways: L Catterton is acquiring a majority stake in Good Culture, a cottage cheese manufacturer, in a deal valued at over $500 million. Good Culture plans to use the investment to expand production capacity, meet growing demand, and introduce…
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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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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: Spindrift Beverage has announced a majority stake sale to private equity firm Gryphon Investors, with former Boston Beer head Dave Burwick taking over as CEO. Spindrift, known for its low-sugar sparkling water with real fruit flavors, has seen…
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Latest Update on Lifeway Foods Acquisition Proposal: The board of Lifeway Foods has responded to Danone’s acquisition proposal of $27 per share, stating that it believes the offer “substantially undervalues” the company. However, Lifeway is open to a potential sale…