Reitler Kailas & Rosenblatt LLP’s Post

The #foodtexture market is evolving with #consumerpreferences for enhanced #culinary experiences. Leading companies like #RoyalDSM and #IFF embrace #innovation through product launches and strategic mergers, reshaping the industry landscape. With a projected CAGR of 5.7%, the market reflects a growing demand for textured #foodproducts, driven by changing #lifestyles and rising disposable incomes. #AMR #FoodTexture #CulinaryInnovation #ConsumerExperience #MarketTrends #ProductLaunches #MergersAndAcquisitions #FoodIndustry #TextureTechnology #InnovativeFood #Gastronomy #GlobalCuisine #ConvenienceFood #ProcessedFood #FoodTech #MarketGrowth https://lnkd.in/dXffwADt

Quarterly Snapshot: Trends Shaping the #Food & #Beverage Industry in 2024 The first quarter of 2024 witnessed significant mergers, acquisitions, and innovative product launches in the #foodandbeverage industry, indicating a trend towards healthier, environmentally friendly options. Companies are strategically aligning to gain competitive advantages and meet evolving consumer preferences, driving growth and fostering technological advancements in the sector. #AMR #FoodAndBeverageIndustry #MergersAndAcquisitions #Innovations #Partnerships #TechnologicalAdvancements #Sustainability #HealthyChoices #EnvironmentalFriendly #IndustryGrowth #ConsumerPreferences #AlliedMarketResearch https://lnkd.in/dk--aF7P

Finland’s Atria has snapped up the entire share capital of prepared food company Gooh from Swedish agri-food business Lantmännen. #finland #finnish #food #foodindustry #foodindustryinsight #foodnews #foodbusiness #foodbusinessnews #foodbusinessowner #foodmanufacturing #foodanddrink #foodandbeverage #foodandbeverages #foodanddrinks #foodanddrinkindustry #foodprices #foodproducts #foodproduction #foodinflation #acquisitions #acquisition #mergersandacquisitions

The return of mid-size scale M&A deals #Campbell acquires #Sovos Brands, a US premium multi-categories food player, for $2.7bn. With this acquisition, #Campbell like many FMCGs signal their clear intent to focus on acquiring/ scaling mid-size assets ($1-5bn) on the categorues/ countries couples where they have the most capabilities/ scale. Such mid-size scale deals delivered the highest M&A ROI in the FMCG industry over the last decade. More will come. As predicted, 2023 will be the year of mid-size scale M&A deals in the FMCG industry. Again, there is no shortage of M&A appetite/ cash from the world largest FMCGs, there is only a shortage of quality assets (high growth, mass penetration potential, profitable, scalable brand growth model) at fair valuations Exciting times To be kept up to date on all M&A and Strategic news in the FMCG industry, follow me & the #FredericFernandezAssociates Team To hear more on our research on M&A: https://lnkd.in/eaUgq3KU To get all our CEO insights in the FMCG industry, sign-up to our newsletter: https://lnkd.in/eR8vDpvE #FMCG #CPG #CEOINSIGHTS #mergersandacquisitions

🚀 Food #IPOs in 2024 have been surprisingly sparse, but three notable companies have made their debut on the stock market so far this year. Read more to learn which food companies have closed IPOs in 2024: https://buff.ly/3W6dqOk #FoodCompanies #FoodIPOs #FoodindustryNews

Industry Dynamics: Q1 2024 Transformations in #FoodandBeverage The food and beverage industry continues to evolve with strategic alliances, innovative products, and technological advancements driving growth. #Mergers, #acquisitions, and partnerships are reshaping the industry landscape, while innovations like sustainable sourcing and #advancedrobotics promise a brighter future for the sector. #AMR #FoodIndustry #BeverageIndustry #IndustryTrends #InnovationInFood #SustainabilityInFood #TechAdvancements #MergersAndAcquisitions #Partnerships #Q12024 https://lnkd.in/dGaSQS_Y

This month, we sat down with Raymond James Financial to get the ins and outs of 2023/24 M&A activity in the ice cream and frozen dessert industry. Whether or not you're looking to buy or sell an ice cream business soon, this is one article you shouldn't miss! https://lnkd.in/gwW92tjS #icecream #frozenfood #frozenfoods #frozendessert #frozendesserts #freezer #freezersGeneral #food #foodnews #foodtrends #foodindustry #globalfood #futureoffood #foodinnovation #whatsnew #vegan #veganfood #plantbased #plantbasedfoods #plantbasedicecream #veganicecream

The The Compleat Food Group has returned to the M&A market with the acquisition of UK-based dairy-free cheese business Palace Culture. #manda #mergersandacquisitions #mergers #acquisitions #investments #food #foodindustry #foodindustryinsight #foodnews #foodbusiness #foodbusinessnews #foodbusinessowner

Some Key Insights from Campbell Soup Co.'s Sovos Brands Acquisition: Campbell Soup Co.'s $2.7 billion acquisition of Sovos Brands Inc. holds strategic significance in the consumer packaged food realm. This move aligns with Campbell's aim to diversify and strengthen its portfolio while capitalizing on synergies. Key Takeaways: 1. Strategic Synergy: The deal merges Sovos' premium products like Rao's pasta sauce with Campbell's current lower-end offerings, creating cross-selling potential and market presence. 2. Financial Strategy: Campbell's new debt financing shows confidence in managing leverage while pursuing growth. 3. Value Generation: Projected $50 million annual synergies within two years emphasize value creation through integration. Applying a market multiple to these synergies cuts the purchase price down by 25-50% if achieved. 4. Brand Enhancement: The acquisition fuels Campbell's goal of building a robust sauce business, responding to evolving consumer preferences. 5. CEO Vision: Mark Clouse's strategic alignment underscores Campbell's focus, brand enhancement, and sustainable growth. 6. Shareholder Value: Sovos' founder anticipates substantial value creation, reflecting Campbell's commitment to long-term growth. 7. Industry Trends: The move mirrors a broader shift toward capturing premium and unique food segments. This comes on the heels of recent divestitures in other non-core categories (e.g., nuts). In summary, Campbell's Sovos acquisition navigates industry trends, enhances market presence, and targets sustainable growth. As integration unfolds, lets watch for how synergies are leveraged to justify the purchase price. #MergersAndAcquisitions #ConsumerGoods https://lnkd.in/g5xTT-p7

🌱🥩 Another consolidation news in the plant-based meat sector. Ahimsa Companies, formed by the Ahimsa Foundation, has acquired Wicked Kitchen along with its subsidiaries Good Catch and Current Foods 🌊 for an undisclosed sum. Ahimsa Companies plans to further expand Wicked Kitchen's retail and foodservice offerings while continuing to invest in product innovation, positioning itself as a key player in the evolving plant-based market. The acquisition of Wicked Kitchen reflects a broader trend of mergers and acquisitions in the plant-based industry. Such consolidations are seen as critical for enhancing market presence, improving supply chains, and driving innovation in response to economic challenges and changing consumer preferences. Industry experts, including Peter McGuinness of Impossible Foods, have highlighted the importance of consolidation to address the challenges and improve product quality and consumer perceptions in the plant-based sector. Good Catch and Current Foods are FoodTech 500 alumni. Check out this year's full list here: https://lnkd.in/eMP64QU Read the full Green Queen Media article here: https://lnkd.in/d2_f5C5x #ForwardFooding #plantbasedmeat #altprotein #acquisition #futurefood #sustainability