Beyond Meat Goes Beyond: CPG News, Week of Apr 26-30

by Sophie Guimaraes

5 minutes

Contents

Unioncrate's curated weekly round-up of CPG & supply chain news. This week's news features a potential valuation from Honest, almond flour ravioli, and—yup—Beyond Meat.

investments-acquisitions

Investments & Acquisitions

Olam Food Ingredients has acquired spice manufacturer Olde Thompson. FoodBev

Nestlé is looking to acquire Nature’s Bounty, a deal potentially valued in the mid-single-digit billions. The Wall Street Journal

The Honest Company is eyeing a US IPO valued at $1.5B. CNBC

Walmart has launched an early-payment program that provides minority-owned suppliers with access to reliable funding. Progressive Grocer

Cargill has invested in Dutch startup Bflike, which specializes in vegan fat and blood production, in a 50-50 joint venture with Dutch incubator Blue Ocean Xlerator. Food Navigator

In other Cargill news, the CPG giant is investing $350M in a new canola processing facility in Saskatchewan. Food Dive

Chr. Hansen Natural Colors has acquired Secna Natural Ingredients. Food Dive

Singapore-based gaming brand Razer has launched a $50M green fund, with its first investment being bamboo toilet paper startup Bambooloo. AgFunder News

Israeli food tech company BioMilk is the world’s first cell-based milk producer to IPO, going public on the Tel Aviv Stock Exchange. Green Queen

products-partnerships

New Products & Partnerships

The Beyond Burger got a makeover: The allegedly meatier and juicier new version, set to roll out in retailers over the next few months, has 35% less saturated fat than an 80/20 beef patty. VegNews

In other Beyond news, Beyond Meat plans to launch a plant-based chicken this summer. Food Dive

Grain-free pasta maker Cappello’s has launched a line of ravioli made from almond flour. Food Business News

Real Food From The Ground Up has launched crackers made from purple carrots. FoodBev

General Mills has launched :Ratio, a line of yogurts with 25g of protein per serving. Food Dive

Yasso’s Incubator has launched its first brand, functional ice pop maker Jüve Pops. Food Dive

Ben & Jerry’s new limited edition flavor is Totally Unbaked, with chocolate chip cookie dough and brownie batter swirls. FoodBev

Goldfish and Frank’s Red Hot have teamed up to launch hot sauce-flavored Goldfish. Drugstore News

Masstige Hair Care has shifted entirely to 100% recyclable aluminum packaging. Packaging World

In the same vein, Love Beauty and Planet have also adopted aluminum packaging for their products, also introducing refillable packaging for added measure. Drugstore News

Theo Chocolate has launched a line of cookie bites. FoodBev

Baskin Robbins has become the first major ice cream chain to serve oat milk ice cream at all of its locations. VegNews

Ahead of its 100-year anniversary, Shamrock Farms is running a promotion where customers can get their products from vending machines powered by jumping jacks. Beverage Industry

supply-chain

Supply Chain News

Arrive Logistics has raised $300M in a recent funding round led by ATL Partners, who is now the largest investor in the freight-brokerage company. The Wall Street Journal

Commodity trader Trafigura has just closed a $203.5M US Private Placement. Bunkerspot

Logixboard, a freight forwarder-focused startup, has raised $13M in a funding round. Business Insider

It’s from April 10th, but it’s a cool one: How Luke’s Lobster adapted to the pandemic, figured out how to ship highly perishable product across the country, and even shifted to frozen food. Fortune

good-reads

Good Reads

Over the weekend, The New York Times dropped an op-ed all about meatless meat and the direction society is pushing it—and vice versa. The New York Times

Also about meatless meat: monopolies, and why they’re not as bad for the category as you’d think. Forbes

Publix now accepts electronic payment for SNAP. Grocery Dive

Ocean Spray went viral with a 2020 TikTok. Read about how it affected the company’s demand and supply chain. Modern Retail

New allergen just dropped. Biden has declared sesame the ninth major allergen. Food Dive

About Unioncrate

Unioncrate is an AI-powered Supply Chain Planning Platform that gives CPG brands the technology they need to compete and win in a rapidly changing consumer landscape. Our automated demand and supply forecasts deliver unmatched accuracy, collaborative visibility, and actionable intelligence, simplifying a manual-heavy process and slashing hours from your week.

Stay in the loop

Get the latest CPG insights delivered straight to your inbox.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Unioncrate respects your privacy and will not share your personal data. View our Privacy Policy.