SACO FOODS ACQUIRES ANCIENT HARVEST AND PAMELA’S
SACO Foods took a significant step in the organic and gluten-free food sector by acquiring Ancient Harvest and Pamela’s. These brands have built strong reputations for their commitment to healthy and natural food options. This acquisition aligns perfectly with SACO Foods’ strategy to expand its portfolio in the health-conscious consumer segment. Consequently, this deal will likely enhance SACO’s market presence and offer consumers a broader range of products tailored to dietary needs and preferences.
SPOTLESS MATERIALS SECURES $5.5 MILLION SEED FUNDING FOR PFAS-FREE CLEANING PRODUCTS
Spotless Materials raised $5.5 million in seed funding this week to scale its innovative PFAS-free cleaning products. The company focuses on creating eco-friendly solutions that avoid harmful chemicals, responding to the increasing consumer demand for sustainable products. This funding round reflects growing investor interest in health-conscious and environmentally friendly products within the CPG industry.
NGUYEN COFFEE SUPPLY HITS TEXAS WITH H-E-B LAUNCH
Nguyen Coffee Supply, the first specialty Vietnamese coffee company in the U.S., celebrated a major milestone this week by launching its products in H-E-B stores across Texas. This expansion marks a significant step in bringing Vietnamese coffee, particularly Robusta, to a broader American audience. Founder Sahra Nguyen expressed excitement about introducing their ethically sourced and robust coffee to new markets, reinforcing the brand’s commitment to diversity and quality in the coffee industry.
WILDWONDER ACHIEVES INC. 5000 RECOGNITION
Wildwonder, a San Francisco-based beverage brand, was honored this week by being included in the prestigious Inc. 5000 list, which recognizes the fastest-growing private companies in America. The company, known for its gut-healthy sparkling beverages, has seen rapid growth due to its focus on wellness and natural ingredients. Founder Rosa Li highlighted this achievement as a testament to their mission-driven approach and the increasing consumer interest in functional beverages.
TILRAY BRANDS TO ACQUIRE FOUR CRAFT BEER BREWERIES FROM MOLSON COORS
In a strategic move to expand its presence in the beverage sector, Tilray Brands announced the acquisition of four craft beer breweries from Molson Coors. This acquisition is part of Tilray’s broader strategy to diversify its portfolio beyond cannabis into the alcohol market. The deal is expected to enhance Tilray’s footprint in the U.S. craft beer market, offering a more robust and diversified beverage lineup to consumers.
VITAL PROTEINS DEBUTS NEW PAPER-BASED CANISTER FOR ITS COLLAGEN PEPTIDES PRODUCTS
Vital Proteins introduced a new, environmentally-friendly packaging option for its Collagen Peptides products this week. The paper-based canister represents the company’s commitment to sustainability and reducing plastic waste. This initiative is in response to the growing consumer demand for eco-friendly packaging, and Vital Proteins is leading the way in offering sustainable options in the health and wellness space.
SHIPHERO SPINS OFF FULFILLMENT BUSINESS TO FOCUS ON SOFTWARE DEVELOPMENT
ShipHero, a leading e-commerce logistics company, announced the spin-off of its fulfillment business to concentrate on software development. This strategic shift allows ShipHero to enhance its technology offerings and better serve the growing needs of e-commerce businesses. By focusing on its core strengths in software, ShipHero aims to provide more robust and scalable solutions to its customers.
