Post Holdings leads $12.5m Series B round at PeaTos: ‘We believe it has a bright future’ Post Holdings – which has just taken a minority stake in plant-based meat startup Hungry Planet - has led a $12.5m Series B round at legume-fueled snack brand PeaTos, which offers a higher protein, higher fiber slant on mainstream extruded snack brands such as Cheetos and Funyuns.
Best-known for its iconic cereal brands from Grape Nuts to Raisin Bran,
Post Holdings also owns the Michael Foods egg business, refrigerated retail brands Simply Potatoes and Crystal Farms, and nutrition brands Premier Protein, Powerbar, Joint Juice, Dymatize and Supreme Protein.
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Egg Innovations acquires PECKISH snack brand Egg Innovations, a vertically integrated producer of pasture-raised and free-range eggs, has struck an all-stock deal to acquire egg-fueled snack brand PECKISH.
Founded by KRAVE founder Jon Sebastiani and launched in January 2019,
PECKISH is the third incubated concept from growth equity firm
Sonoma Brands, which will continue to be involved in PECKISH and will team up with Indiana-based Egg Innovations (in which it has invested) to supporting its new
We are very excited to establish a relationship with Jon Sebastiani and Sonoma Brands, who has a career track record in brand development, said
Egg Innovations president and CEO John Brunnquell, who said the brand (which was taken off the market for several months in 2020 for supply chain reasons) will be hitting more stores in 2021.
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ST. LOUIS, Dec. 14, 2020 (GLOBE NEWSWIRE) Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced that it has agreed to acquire Almark Foods ( Almark ).
Almark is a leading provider of hard-cooked and deviled egg products, offering conventional, organic and cage-free products. Its products are distributed broadly across retail outlets, including in the perimeter-of-the-store and the deli counter, as well as to foodservice distributors. Almark operates a hard-cooked egg facility in Yuma, Arizona. Upon completion of the acquisition, Almark will be combined with Post s existing Michael Foods egg business. The financial results of Almark are expected to be split between Post s Foodservice and Refrigerated Retail segments.