Ventura Foods’ Post

We get asked which retailers and distributors we work with. Short answer there aren't too many we haven't and with a team of over 20 that at least one probably has in the past and we can help you navigate. From retailers like Albertsons, Kroger, The Fresh Market, MOM's Organic Market, Whole Foods Market, Sprouts Farmers Market just to name a few. We have a team working and calling Independent and Specialty retailers all week long with our SOS program. We have working relationships with distributors like KeHE Distributors, UNFI, Pod Foods, Chex Finer Foods, and many other regional distributors throughout the country. Reach out and see how Good Now Foods can help your brand grow. James Pippin Howard Wasserman Brittany Cronin Shelly Bell Rick Chavez Alexander Ayala Anna Brown Paula Lieberman Shannon Peffley Levi Korvin #helpyougrow #growthstrategy #cpg #cpgbrands #cpgmarketing #foodandbeverage #foodandbeverageindustry #salesagency #retailmanagement #distribution

As someone unable to eat mammal meat, this brand enabled me to have a VERY tasty burger again (and regularly). 🍔 The company seems to have a solid plan to adjust for the recent losses, which is great to hear. #corporatestrategy #beyondmeat #corporatecommunications #productstrategy #inventoryoptimization #cpg https://lnkd.in/gBzqnMWt

GrubMarket Inc. has acquired Performance Produce, a North Carolina based, vertically integrated fresh produce provider. On Performance Produce, CEO of GrubMarket Mike Xu, remarks “Several of their largest customers have been with them since their earliest years, which is a testament to their outstanding customer service and enviable delivery and fulfillment track record. With this acquisition, GrubMarket expands further into North Carolina and strengthens our strategic presence within the Southeastern U.S. We are beyond excited to welcome the Performance Produce team to the GrubMarket family." Read more about the acquisition and how GrubMarket’s AI technology, WholesaleWare, will be integrated by Performance Produce through the link below. GrubMarket is a holding in The Private Shares Fund as of 2/29/24. To view the full portfolio and learn more about The Private Shares Fund, please visit https://lnkd.in/gTeAzvq8 #AI #AgTech #acquisition

#PE-backed Legacy Food Group invested on undisclosed terms in four regional #food #distributors, a Restaurant Business Online article says. The #privateequity firm is Quad-C Management, Inc. in Charlottesville, Va. The four firms are Keck's Food Service in Pennsylvania, M&V Provisions in New York, Thomsen Foodservice in Rhode Island, and Legacy Foodservice Alliance, LLC. The companies serve smaller shops — bakeries delis, bagel shops and bodegas, among them — in general #foodservice and #supplies. UniPro Foodservice is also involved as an investor on the deal. Geographically, the acquisitions so far cover the U.S. Northeast and stretch, via Legacy Foodservice Alliance's work with 'hyperlocal' distributors, into an Americas and Caribbean reach. More acquisitions are expected. Information from: RBO, a Quad-C press release, PE Hub, and a Law.com item noting that, "Quad-C was advised by a Gibson Dunn & Crutcher team led by partner Andrew Herman." https://lnkd.in/gRQxqdGP #food #restaurants #mergersandacquisitions

Five years ago, the MULTIVAC Group decided to acquire FRITSCH Bakery Technologies. And so a manufacturer of packaging machines bought a company that sells bakery machines. 🥐 Does that fit together? It does - Perfectly! 🌟 Watch this clip to see what our CEO and Group President Christian Traumann thinks of the acquisition. 🎥👇 #multivac #multivacgroup #packaging #processing #linesolution #bakery #food #foodpackaging #doughprocessing #acquisition

Campbell's Soup reported better-than-expected quarterly results and raised its annual sales growth forecast, attributing the improvement to increased demand for soups and frozen meals and the acquisition of Sovos Brands, known for Rao's Specialty Foods, Inc. sauce. After a period of decline, Campbell's sales volumes improved sequentially this year, aided by softer price increases and recovering consumer spending. CEO Mark Clouse highlighted gains in the cooking side of the portfolio. With the acquisition of Sovos, Campbell anticipates a 3-4% annual sales growth. Analysts view the acquisition positively for Campbell's growth prospects. Despite a rise in quarterly profit and sales, Campbell adjusted its annual organic sales and profit forecasts downward due to ongoing challenges in its snacks business. Read the full article here: https://lnkd.in/exuaeKVG Branded Hospitality Ventures #innovation #hospitality #technology #marketing #venturecapital Gerald Drummond Robert Furbee Charles Nevin Mike Pierson Dan Poland Carrie Anderson Chris Foley Stewart Lindsay Danielle Brown

Kellanova is planning to close two plants and make other changes as it aims to improve its supply chain and cut costs. The snacks maker said in an SEC filing last week it plans to close its Rossville, Tennessee Eggo waffles factory in 2024 and move breakfast foods production to other facilities. The Pringles and Cheez-It manufacturer also plans to shutter its plant in Manchester, U.K. It announced the closure, which could take place by 2026, on its quarterly earnings call last week. The facility employs 360 people and produces cereals such as Corn Flakes and Rice Krispies. The decision to reorganize its frozen foods operations in the U.S. comes as the company saw a 5% year-over-year decrease in net sales in the category last quarter, the company said in its earnings report. Overall, Kellanova posted an 8% increase in organic net sales in 2023 compared to the prior year. #kellanova #manufacturingjobs #jobcuts #costcutting #foodandbeveragemanufacturing

What are the benefits to #HonorFoods customer like #foodservice #distributors and #vendors that come with the #SunnyMorningFoods acquisition? Find out in the new Honor Foods blog.

Campbell Soup Co. to cut jobs at “inefficient sites” as part of restructuring plan. - In the food and beverage industry, US company Campbell Soup Co. is taking steps to optimize its supply chain. This includes closing a manufacturing plant in Tualatin, Oregon, and downsizing another in Jeffersonville, Indiana. As a result, 415 jobs will be impacted. The decision to close the Tualatin facility, acquired in 2017 as part of Campbell’s purchase of Pacific Foods, is driven by the need to invest in more efficient manufacturing and distribution processes to meet growing consumer demand. The plant currently produces Pacific’s organic soup, broth, and plant-based beverages. “The aging facility and inefficient nature of the site’s configuration... - https://lnkd.in/eaphic9p

US FOOD & BEVERAGE WEEKLY ROUND-UP 🥐 💰 Beverage giants PepsiCo and Keurig Dr Pepper Inc. announced their Q1 earnings, with both exceeding profit estimations, and the latter confirming the completion of the process to appoint new CEO, Tim Cofer. 🥛 fairlife, LLC, a The Coca-Cola Company, held a groundbreaking ceremony for their new $650M site in Webster, NY. 5M pounds of milk will be processed there daily in what will become the largest dairy processing facility in the Northeast. 🐄 General Mills announced plans to cut dairy emissions by 40% by 2030, making further strides towards its pledge to reach net zero carbon emissions by 2050. 📈 Glanbia acquired California-based Ingredients manufacturer Flavor Producers in a deal worth $300M. 🌿 Plant-based Ingredients manufacturer, Woodland Foods, acquired New Jersey-based Idan Foods, diversifying its portfolio in the dry mix blending space. 🥃 Finally, Ryan Reynolds' Aviation American Gin announced 6 limited edition Deadpool-themed bottles. The release will coincide with the new Deadpool & Wolverine film in late July. #foodandbeverage #usfoodandbeverage #usmanufacturing