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🤝 Saco Foods Acquires Pamela’s, Ancient Harvest

Daily Briefing
Plus, distribution news from around the industry͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
 
 
NoshAugust 22, 2024
DAILY BRIEFING: LITE EDITION
A preview of today's news & insights for the food industry.
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📰 Today's Top Story

🤝 Saco Foods Acquires Pamela’s, Ancient Harvest

🤝 Saco Foods Acquires Pamela’s, Ancient Harvest

Saco Foods is upping its gluten-free intake. 

The Wisconsin-based food company announced Wednesday it has acquired Quinoa Corporation, the parent company of legacy gluten-free food brands Ancient Harvest and Pamela’s, from Encore Consumer Capital. Former Quinoa Corporation CEO John Becker will now serve as president of the two brands. Terms of the deal were not disclosed 

"I am excited to be joining the Saco platform, as it is a natural fit for our brands," Becker said in a press release. "With the support of Saco, we have a great opportunity to reinvigorate these brands and expand our distribution while maintaining the high quality standards our customers and end consumers expect."

The deal comes on the heels of a slew of renovations to both Ancient Harvest and Pamela’s, the latter of which Quinoa Corp. acquired in early 2020.

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✨ What You Need to Know ✨

🚚 Distribution: Bon Bee Honey Lands in Sprouts; TiNDLE Brings Stuffed Chicken to U.S.

🚚 Distribution: Bon Bee Honey Lands in Sprouts; TiNDLE Brings Stuffed Chicken to U.S.

🍯 Bon Bee Honey, formerly Honey Bunchies, has entered over 400 Sprouts Farmers Market locations, unveiling its new 4-packs as part of the grocery chain’s “New for You” innovation set through September.

🥚 Chicago-based Egglife Foods has introduced its Egg White Wraps in Canada, marking the brand’s first international expansion. The move supports the brand’s mission of reaching health-conscious consumers seeking a smarter tortilla and brings its total door count to over 14,000.

🍗 Alt-protein maker TiNDLE Foods has launched its new Stuffed Chicken line in the U.S. with The GIANT Company. The new partnership introduces the chicken analogues to 160 GIANT and MARTIN’s stores across Maryland, Pennsylvania, Virginia and West Virginia.

🧇 Brazi Bites announced that all three flavors of its Gluten-Free Frozen Waffles – Cheesy, Homestyle and Blueberry – will now be sold at all Whole Foods Market locations across the country. 

Nosh Insiders can check out the full distribution roundup.

🎙️ Now Streaming: CPG Week

🏛️ Small Business Administration Bureaucracy & Bankruptcy

🏛️ Small Business Administration Bureaucracy & Bankruptcy

On this edition of the CPG Week podcast, the team digs into the latest investigative story on Nosh, exploring how one Small Business Administration (SBA) pandemic loan program has left many companies with few options to grow their businesses in a post-COVID environment. Nosh reporter Adrianne DeLuca explains why the SBA’s Economic Injury Disaster Loans (EIDL) has made it difficult for many CPG companies to get out from under its debt and led to a bureaucratic nightmare to move on from the pandemic era.

Listen to the full episode on Nosh.

Like what you are listening to? Please don’t hesitate to rate our show and leave a review on your podcast platform of choice.

🚨 What You're Missing 🚨

  • How convenience is aligning with indoor farming 
  • Details on Primal Kitchen's recent $1 million commitment
  • News that a private label baker has been acquired by an ingredient platform

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    August 22, 2024 3:41pm

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