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🍜 Omsom Acquired By DDC

Daily Briefing
Plus, Chefs Life launches squeeze bottles͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
 
 
NoshJune 12, 2024
DAILY BRIEFING: LITE EDITION
A preview of today's news & insights for the food industry.

📰 Today's Top Story

🍜 Omsom Acquired By DayDayCook

🍜 Omsom Acquired By DayDayCook

DayDayCook’s (DDC) vision of building the “General Mills of Asian food” is steadily coming into focus.

The publicly traded company announced today it has made its third acquisition in under a year – buying up sauce and noodle brand Omsom in a deal that includes a combination of cash and stock to be paid out over a four-year period.

✨ What You Need to Know ✨

🫒 Chefs Life Launches Squeeze Bottles, Expands Distribution Footprint

🫒 Chefs Life Launches Squeeze Bottles, Expands Distribution Footprint

Seeking to capture a greater share of the cooking and finishing oil market, Chefs Life – the brand founded by celebrity chef and restaurateur Brian Malarkey – is introducing a new collection of squeeze bottles. 

👀 The squeezable line is filled with the brand’s flagship Cooking (a olive, sunflower, avocado and grapeseed blend) and Finishing (extra virgin olive oil) oils as well as two new certified organic offerings, 100% Avocado Oil and Extra Virgin Olive Oil. 

⏩ Starting next month, the squeezable Cooking Oil will be available at Whole Foods in a 25.4 oz. bottle with a SRP of $19.99 and Chefs Life’s squeezable Finishing Oil will be available at Kroger in a 16.9 oz. bottle with a SRP of $15.99. The organic products will also be available via the brand’s website. 

💭 “Right now we’re in oils, but we definitely have plans to expand beyond oils. We’re thinking about the platform and the experience that we have with somebody like Chef Brian, and how we can excel further,” said CEO Jamie Schapiro

Read the full story on Nosh.

🎙️ Now Streaming: Taste Radio

🫒 Can You Cultivate A Phenomenon? Graza Has. Here’s How.

🫒 Can You Cultivate A Phenomenon? Graza Has. Here’s How.

Andrew Benin, the co-founder and CEO of Graza, talks about how the olive oil brand and viral sensation has developed influencer relationships “at scale,” why taking a bet on the upside has guided its demand planning strategy, being an “early team-led company” versus a founder-led one and his nuanced perspective on profitability.

Listen to the episode now. 

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    June 12, 2024 3:41pm

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