Jan 16 2025 14 mins
In this episode:
In this episode, the CPG Week podcast team covers four acquisitions in food and beverage including Spindrift’s anticipated sale and the unexpected new owner of Simple Mills.
To start the show, the team discusses how the likely ban of TikTok will affect CPG brands. The group moves on to talk through recent acquisitions of Spindrift, Simple Mills, Sauer Brands and Yerbae. The podcast explains what these deals mean for the brands being acquired and how they fit into the portfolios of their new owners.
Show Highlights:
0:30 - With U.S. operations of TikTok likely to shut down on January 19, many CPG brands will lose an important platform for new customer acquisition. The team discusses what this means for emerging brands and how they might pivot.
4:30 - Senior reporter Brad Avery walks the group through Gryphon Investors’ acquisition of Spindrift and why this exit was a long time coming.
6:45 - Nosh managing editor Monica Watrous explains why better-for-you snack brand Simple Mills might be a good fit for baked goods and bread company Flowers Foods.
10:00 - Moving onto spices and condiments, senior reporter Lukas Southard gives an overview of Advent International’s purchase of Duke’s Mayo and Mateo’s Gourmet Salsa maker Sauer Brands from Falfurrias Capital Partners.
11:45 - Lastly, Brad goes through Safety Shot’s acquisition of sparkling caffeinated beverage brand Yerbae, explaining why the deal could breathe needed energy into the yerba mate drink maker.
About CPG Week
CPG Week is the podcast that explores the latest happenings in the consumer packaged goods industry. Join our seasoned reporting team as they dish out the week’s stories in quick, easy-to-digest episodes. Catch up on the top headlines of the week, dive into exclusive insights with the BevNET and Nosh teams, and set yourself up to make more informed business decisions. Tune in to stay up-to-date on the latest developments in the dynamic world of packaged food and beverage.
New episodes are released every week. Send us comments and suggestions anytime to [email protected].