Evolution Fresh’s Post

We are pleased to announce that Comitis Capital has acquired The Tofoo Co. Ltd, setting the stage for the brand’s next phase of rapid growth.   Tofoo has been on a mission to make tofu mainstream and now, at just 7 years old, is the clear choice in tofu with 62% share of the tofu category and is the 2nd biggest brand in meat-free. Tofu, a product once seen as being just for vegans and shunned by so many for being bland, boring and tasteless, has finally been accepted into consumer’s fridges as a staple natural alternative protein.    “The Tofoo Co has plans to grow further, both with existing & new customers and channels, and needed a strong and proactive partner to help that growth journey. Comitis are a great fit as that partner for this next chapter of Tofoo Co.’s growth journey” says Lydia Smith, Executive Director of The Tofoo Co.   The Tofoo Co were advised on the deal by Piper Sandler (Sellside Financial Advisor), Food Strategy Associates (Commercial), Pinsent Masons (Legal) & KPMG (Financial).   For more information, please visit: https://lnkd.in/eDNQhyJ6   #privateequity #tofu #tofoo #vegan #plantbased Source: Nielsen Scantrack 52 we 13th July 2024

💡 "CONSTANT INNOVATION IS ESSENTIAL" - Cam Mathias, CEO & Founder of Huntaway, was recently interviewed by Supermarket News on the dynamics of the petfood industry, especially in the USA. "In this fast-paced industry, constant innovation is essential. We are meeting this challenge not just by introducting new prodcuts, but by frequent interation of each element of our current range from packaging to raw materials to ingredients and claims." Discover more of Cam's thoughts on the changing dynamics of this industry in the article attached. #supermarketnews #huntawaywild #wefeedhuntaway #business #innovation #dogfood #petfoodindustry

Great short interview on the impact of commitment to the mission, clear leadership, agility (failing and recovering fast!), and horizontal value delivery. Looking for big/delicious things from Beyond Meat and the category they helped create in '24!

UK - Wales--> MONA DAIRY --> PRIMODAN! We're thrilled to announce our latest venture - a dynamic partnership with Mona Dairy, a promising new dairy in the heart of Wales. This collaboration marks a significant milestone for Primodan as we bring our expertise in cheddar cheese production to the UK. Mastering Cheddar: At Primodan, we pride ourselves on our deep knowledge and history in creating exceptional cheddar cheese. Our journey with Mona Dairy is not just about supplying technology and equipment; it's about sharing a legacy of quality and excellence in cheese-making. Technology Meets Tradition: In this exciting new chapter, we're marrying cutting-edge technology with time-honored cheese-making traditions. Our state-of-the-art equipment and innovative techniques are set to enhance Mona Dairy's production capabilities, promising a new era of cheddar cheese that's rich in taste and quality. YES! A Partnership Built on Excellence: This venture is more than a business agreement; it's a meeting of minds and passions. We're committed to supporting Mona Dairy every step of the way, ensuring their success is our success. Here's to a fruitful partnership with Mona Dairy, to the delightful taste of cheddar, and new horizons in dairy excellence! Cheese is back, and YES! Cheddar is back in our portfolio, are you ready?. #primodan #ser #ost #cheese #serownia #cheeseline #cheesesisback #packagingsolutions #packagingindustry #packaging #packing #apv #spx #queso

💬“Looking back at the 2023 milestones, they demonstrate not only the achievement of the goals set out in the strategy but also the growth of the planned parameters and an above-average pace of change, —  Rostyslav Vovk, CEO and co-owner Kormotech, told Petfood Industry Community.  — With annual revenue growth of over 22% compared to the 2022 result, we are becoming more innovative and flexible in uncertainty." We continue our successful journey by increasing revenue and expanding business in the Romanian market. Our company has achieved significant results, growing in both domestic and international segments. ✅Kindly explore further details by following the link ▶http://surl.li/swprb

Petcare continues to be a very interesting market

Brazilian billionaire investor Marcel Herrmann Telles is getting his succession planning underway: he’s donated his stake in the world’s largest beer maker, Anheuser-Busch InBev SA, to his son. Telles and his partners Jorge Paulo Lemann and Carlos Sicupira, who together founded the private equity firm 3G Capital, own around a third of AB InBev. Telles’s move means Max Van Hoegaerden Herrmann Telles will now be a key player in the future of the embattled drinks brand. The trio own their AB InBev stake through the entity BRC, holding a 50% stake in Stichting AK Netherlands, which in turn owns 33.47% of AB InBev, according to the company’s website. Telles’ stake alone in the Belgian brewer—known for brands like Bud Light and Stella Artois—is worth a whopping $6.1 billion, according to the Bloomberg Billionaires Index, and now lies in the hands of his youngest son, Max. Read more: https://lnkd.in/eVjvgWnd

NEWS - NoorderImpact participates in IJsbaart IJsbaart develops and markets plant-based food concepts with a focus on plant-based ice cream. They started selling their ice cream at festivals and are now ready to conquer the Netherlands. Impact investor NoorderImpact is happy to assist with that!   Sjoerd Zijlstra from NoorderImpact on the participation in IJsbaart: "This initiative fits perfectly with our aim to promote the consumption of plant-based food. We believe that IJsbaart is capable of introducing plant-based ice cream to a wide market in an accessible way."   Roderick Verplanken from IJsbaart on the collaboration: "NoorderImpact is a social driven investment partner that engages based on both content and trust. In addition to the financial boost, we expect that the NoorderImpact team will have a strengthening influence on our growth and development."   IJsbaart's ice cream are sold throughout The Netherlands, with the number of sales points increasing rapidly. The ice cream will also be available at various supermarket chains, starting in the spring of 2024. For more information about IJsbaart's activities, visit www.ijsbaart.nl For more information about NoorderImpact, check www.noorderimpact.nl #plantbased #plantaardig #plantbasedfood #icecream #socialimpact #socialimpactbusiness #impactinvesting #purposeandprofit IJsbaart

Learn the value of unique identification for your products. Check out the GS1 US free, on-demand #webinar “5 Ways to Leverage Your #Barcode Investment in #Grocery and #Foodservice.” #TeamGS1US

Incredible to finally be able to talk about the Huhtamaki project and a huge landmark for 2M Group of Companies and Xampla to have secured this size of supply agreement. This is exactly the kind of deal that is so important in replacing the most polluting plastics - industrial technology, capable of supplying the market at scale. Not small projects, not lab demos, real solutions. #plasticfree #sustainablepackaging #foodservice #biomaterials