Stewart Cellars , a premium producer of hand-crafted wines from the Napa Valley, Sonoma Mountain, and Sonoma Coast, announced today that it has acquired Monticello Vineyard in the Moon Mountain AVA in the Mayacamas Mountains of Sonoma County. The 51 acres of vines are primarily planted to Zinfandel and Cabernet Sauvignon, with one block of Cabernet Sauvignon planted in 1964, making the vines some of the oldest in California.
Aspect Consumer Partners today announced it has officially become a Certified B Corporation™. In achieving this certification, the company joins a community of more than 4,300 companies across 153 industries and 77 countries worldwide committed to using business as a force for good, including companies such as Patagonia, Stonyfield Farms, Warby Parker, Nuun and Ben & Jerry’s.
The Planting Hope Company, a plant-based food and beverage company focused on producing the world’s most nutritious and planet-friendly products, has acquired the RightRice® brand and assets from Betterer Foods, Inc. The transaction adds another high potential line of breakthrough innovation to Planting Hope’s growing portfolio of plant-based, planet-friendly, highly-nutritious brands.
Rustic Bakery, a pioneer and market leader in organic and specialty foods and one of the highest-velocity specialty cracker brands in the market, announced today that the company has completed a majority growth equity recapitalization with San Francisco Equity Partners. The new partnership will allow the company to expand upon its position as a leader in natural and specialty foods and support continued growth and expansion of the brand.
The New Primal, a pioneer of clean-ingredient meat snacks, seasonings, dressings, and condiments, announces the close of its Series B funding round with a $15 million investment from Manna Tree. As the sole investor in the Series B round, Manna Tree’s significant injection of funds will boost The New Primal’s organizational design, distribution, and marketing reach.
Rabble Wines, a premium, Paso Robles AVA wine brand, announced today that it has been acquired by O’Neill Vintners and Distillers, one of the largest wine companies in California. The transaction includes the Rabble brand and inventory, while Rabble founder Rob Murray will retain the tasting room for his other brands.
MALK Organics, a leading clean-label dairy alternatives provider has completed a growth equity financing with a private investor group. The company will use the newly secured capital to fund new growth opportunities, including building out the MALK team, investing in innovation and product development and marketing support.
Aspect Consumer Partners’ Ian Malone highlights the Nutrition Business Journal’s top deals of 2019 in the article, 2019 Deals of the Year. The article discusses the continuing themes that have been driving M&A within the Nutrition Industry and profiles the top deals of the year.
Château Smith-Haut-Lafitte owners buy Napa Valley’s Flora Springs winery and vineyards. The transaction includes 280 acres (58 planted to vines) and the winery. Flora Spring’s owners, the Komes and Garvey families, will retain the brand and tasting room in St. Helena.