CPG Industry News Roundup: March 14 – March 20

This week in CPG, Shaquille O’Neal invests in BeatBox Beverages, Campari offloads Howler Head Whiskey, and InvestBev announces a $100 million investment in Kentucky bourbon barrels. Meanwhile, sustainable sourcing, strategic acquisitions, and innovative funding models continue shaping the industry. Here’s what’s making an impact this week.

InvestBev Announces Partnership with a Leading Global Asset Manager to Invest up to $100 million in Kentucky Bourbon Barrels

InvestBev Announces $100 Million Investment in Kentucky Bourbon Barrels

Investment firm InvestBev has partnered with a leading global asset manager to allocate up to $100 million into Kentucky bourbon barrels, a move that underscores the growing appeal of whiskey as an alternative asset class. As bourbon demand continues to rise globally, this investment signals confidence in the long-term viability of aged spirits as a high-value commodity. PR Newswire

Sill Entreprises Acquires France’s Puffys

French dairy giant Sill Entreprises has acquired Puffys, a premium snack producer, further strengthening its foothold in the growing better-for-you and high-protein snack segment. The acquisition aligns with consumer demand for clean-label and functional snacks, positioning Sill for expanded market penetration in Europe. Just Food

Shaquille O’Neal Invests in BeatBox Beverages, Launches Exclusive Flavor

NBA legend Shaquille O’Neal has invested in BeatBox Beverages, joining as a strategic partner to launch an exclusive Shaq-inspired flavor. With celebrity-backed brands continuing to dominate, this partnership reinforces BeatBox’s position as a disruptive force in the RTD alcohol market. PR Newswire

Tracksmith Expands Beyond Apparel with New Running Sneaker

Premium running brand Tracksmith has launched the Eliot Racer, its first-ever performance sneaker, signaling an evolution beyond apparel. As Tracksmith expands into footwear and performance gear, this move highlights the increasing intersection of lifestyle, sports, and premium performance products. Hypebeast

Naked & Rivals Acquires Entyce Food Ingredients

Australia-based Naked & Rivals has acquired Entyce Food Ingredients, bolstering its better-for-you and functional food portfolio. The acquisition reflects a broader trend of health-driven brands scaling through strategic M&A, particularly in international markets. SmartCompany

Photo Credit: Alexis Gomez

Upper Canada Soap Acquires Look Beauty

Canadian beauty brand Upper Canada Soap has acquired Look Beauty, expanding its reach in skincare and wellness. This acquisition strengthens Upper Canada Soap’s position in the growing clean beauty movement, tapping into demand for affordable, premium skincare. WWD

Prohibition Liquor Raises $2.69M in Crowdfunding Campaign

Australian spirits brand Prohibition Liquor has successfully raised $2.69 million through crowdfunding, demonstrating how independent alcohol brands are leveraging alternative financing models to scale. The campaign’s success highlights the increasing role of community-driven investment in premium spirits. Food & Drink Business

Photo Credit: Alexis Gomez

Monos Partners with Adrien Brody for New Campaign

Premium travel brand Monos has tapped Academy Award-winning actor Adrien Brody as the face of its new aluminum luggage collection. This collaboration reinforces the growing importance of celebrity partnerships in luxury and lifestyle branding. PR Newswire

Feastables kosher packaging with OU symbol on the back (CNW Group/Feastables)

Feastables Becomes OU Kosher Certified

Feastables, the fastest-growing global chocolate brand, has officially earned OU Kosher certification, expanding its reach to the kosher market. As brands continue focusing on dietary inclusivity, this move enhances Feastables’ appeal to a broader consumer base. PR Newswire

Campari Offloads Howler Head Whiskey

Campari Group has sold Howler Head Whiskey, the banana-flavored whiskey brand, as it refocuses its portfolio on premium and core spirits. This move signals that major liquor companies are prioritizing high-margin legacy brands over niche experimental products. The Spirits Business

New Culture Secures $5 Million Investment for Animal-Free Dairy

Biotech startup New Culture, which specializes in animal-free dairy, has raised $5 million in new funding. With demand for precision fermentation and sustainable dairy alternatives on the rise, this investment reinforces the future of lab-grown dairy innovation. Food Business News

Force of Nature Meats Launches Regenerative Chicken Program

Force of Nature Meats has unveiled a new regenerative chicken program, setting a new ethical standard for poultry sourcing. As sustainability becomes a core driver in consumer purchasing decisions, expect to see more brands implementing regenerative agriculture initiatives. Business Wire

Industry Takeaways & Implications

This week’s headlines emphasize the evolving landscape of investment, sustainability, and premiumization in CPG. The $100 million bourbon barrel investment by InvestBev showcases how whiskey has become a lucrative long-term asset, proving that aged spirits are not just a consumer product but a strategic financial play. Similarly, Prohibition Liquor’s crowdfunding success signals a shift in how independent brands secure funding, demonstrating that community-backed finance models are becoming more mainstream.

The intersection of celebrity influence and CPG continues to grow, with Shaquille O’Neal’s investment in BeatBox Beverages, Adrien Brody’s partnership with Monos, and Campari’s offloading of Howler Head to refine its premium portfolio. These moves reinforce the idea that celebrity-backed brands are here to stay, but only those with strong long-term positioning will thrive.

Sustainability and ethical sourcing are also taking center stage, with Force of Nature Meats launching a regenerative chicken program and New Culture securing funding for animal-free dairy. As consumers become more conscious of food sourcing and environmental impact, companies investing in regenerative agriculture and precision fermentation will lead the next wave of food innovation.

Closing Thoughts

As brands navigate sustainability, funding strategies, and premium product development, finding the right talent is crucial. If your company is expanding into high-growth categories and needs top-tier leadership, Ace Talent Curators can help. Learn more here.

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