Super Investments for Super Coffee & Supplements for Stryve: CPG News, Weeks of August 2 & 9

by Sophie Guimaraes

5 minutes

Contents

Unioncrate's curated biweekly round-up of CPG & supply chain news. This week's news features funding rounds for Super Coffee and Actual Veggies, acquisitions for Grupo Bimbo and Mizkan America, supply chain pressures, and the market's latest vegan butter.

investments-acquisitions

Investments & Acquisitions

Super Coffee, backed in part by J Lo, has closed a $106M Series C funding round. BevNET

Meat giant JBS has acquired Australian fish company Huon Aquaculture Group for $314M. Bloomberg

Cargill and Continental Grain have joined forces to buy Sanderson Farms for $4.53B, which will be combined with Continental Grain subsidiary Wayne Farms to form a new private chicken company. Food Dive

Miyoko’s Creamery has closed a $52M Series C, led by PowerPlant Partners with an investment of $40M. Business Wire

Kefir yogurt product producer Lifeway Foods has acquired certain assets of GlenOaks Farms for $5.8M. Dairy Processing 

Consumer goods brand Brandless has raised a $118M funding round to accelerate its digital platform growth. Retail Dive

Veggie burger brand Actual Veggies has raised a $2.3M funding round. NOSH

Mizkan America has acquired barbecue and broth brand Born Simple for an undisclosed amount. Food Business News

Natural sports and energy drink brand LIFEAID has raised $20M in its Series C. BevNET

PepsiCo is selling all of its North American and European juice brands, including Tropicana and Naked, to private equity firm PAI Partners for a total of $3.3B. Food Dive

Grupo Bimbo has acquired gluten-free and vegan cookie brand Emmy’s Organics for an undisclosed sum. NOSH

Unilever is gearing up to divest its tea brands including Lipton Tea, which could be worth $5.6B. Food Dive

Plant-based cereal startup OffLimits has raised a $2.3M pre-seed funding round. TechCrunch

Fly By Jing has raised a $5M funding round led by investment firm Prelude Growth Partners to continue its retail expansion. NOSH

Refresco will acquire three bottling plants from The Coca-Cola Company. BevNET

products-partnerships

New Products & Partnerships

Stryve, which recently went public, is expanding past the meat snack category into the vitamins and supplements category. NOSH

Danone is planning on releasing a line of alternative milk-based products later this year. Food Business News

Cookie brand Famous Amos has launched a new line of cookies inspired by global flavors, with a specific focus on premium, organic ingredients. Food Dive

4505 Meats is making inroads in the meat snacks category with its new product line Butcher’s Snacks. NOSH

Rao’s, a brand most commonly known for its tomato sauces, has taken its new product line high-end with offerings like truffle oils and balsamic reductions. Bloomberg

Otto’s Naturals is launching a line of organic, allergy-friendly brownie mixes. NOSH

Target just launched Kindfull, a private label pet food brand for dogs and cats. Supermarket News

There's a new vegan butter on the market—this time, from Violife. VegNews

Nixie Sparkling Water, now officially one year old, is celebrating its anniversary by releasing a new strawberry-hibiscus flavor. BevNET

Nestlé has launched Freshly, its first line of prepared vegan meals. VegNews

Silk, owned by Danone, has launched a coconut milk-based Greek-style vegan yogurt line. Food Dive

General Mills is launching a line of easy-bake products through Pillsbury, including pull-apart garlic bread and monkey bread. FoodBev

Impossible Foods’ Impossible Sausage is now available in grocery stores. Food Dive

Alpha Foods has launched five plant-based new products, consisting of breakfast sandwiches and burritos. FoodBev

Shipt has started a partnership with online health service CaringBase in an effort to expand its customer base. Grocery Dive

supply-chain

Supply Chain News

Labor and supply shortages persist across US manufacturing sectors. MarketWatch

Energy drink brand Monster also felt the brunt of these supply chain pressures, but still managed to outperform Q2 expectations. BevNET

Kellogg has also been struggling with supply chain upheaval. Bloomberg

Procter & Gamble says that the pandemic has been driving up freight and commodity costs. The Wall Street Journal

Green home-cleaning brand Safely is making its brick and mortar debut at Bed, Bath & Beyond. Modern Retail

Foodsteps, a UK-based food tech startup has created the world’s first carbon-based food labels. Food Navigator

E-commerce superfood blend brand Organifi is using an omni-channel approach to expand into natural, specialty, and conventional retail channels. Nutritional Outlook

To keep up with demand surges, shippers are turning to intermodal, the volumes of which increased 20.4% YoY in Q2. Supply Chain Dive

In an effort to keep warehouse workers in the face of a labor shortage, Walmart is offering bonuses to its supply chain staff. The Wall Street Journal

Tyson, who’s also struggling with the national labor shortage, is turning to tech and artificial intelligence to fill the gaps. Consumer Goods Technology

Plant-based online retailer Veiji Holdings has entered a partnership with UNFI to improve its margins with a tiered discount system. Progressive Grocer

good-reads

Good Reads

Due to rising Covid and Delta cases, the Fancy Food Show 2021 is once again online. NOSH

Even as online grocery shopping rises, brick and mortar grocers like Kroger and Whole Foods continue to gain trust from consumers. Grocery Dive

The Coca-Cola Company is upgrading its operations in Africa thanks to AI. Consumer Goods Technology

Get some insights about trends in the frozen and plant-based meat categories from IRI. NOSH

According to Nielsen, non-alcoholic beverages are continuing to experience strong growth. BevNET

Read all about how Amazon’s 2021 growth was (and continues to be) propelled by retail services. Modern Retail

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.

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