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News
NuGo Nutrition Adds Promax Nutrition Bars to Portfolio
NuGo Nutrition, a fast-growing lifestyle brand in the natural foods category known for creating protein bars for several lifestyles, has acquired the sports performance brand Promax from Promax Nutrition Corp. Promax is one of the original high-protein sports bars and has been a mainstay in the sports nutrition category for more than 20 years. NuGo recognized the great legacy potential of the Promax brand and will leverage its expertise in the nutrition bar category and extensive sales network to create a solid growth platform for the brand under NuGo's umbrella. NuGo's CEO David Levine said, "We recognized that with Promax's ... |
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GC Buying Group Launches Blog
After 35 years owning and operating the original buying group in the kitchenware industry, GC Buying Group has launched the “Learning How To Cook” blog to serve up culinary inspiration and information intended for independent retail owners and end consumers alike. The idea of a GC-hosted blog was conceived during a monthly staff chat where many business and industry related topics are discussed at length. Until now, there has not been a proper platform to share these discoveries and conclusions with the GC network. “Since I founded GC in 1981, I have worked to surround myself with talent and today, ... |
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Ghee Maker Fourth & Heart Secures $1 Million in Funding
Premium artisanal ghee manufacturer Fourth & Heart, which introduced flavored ghee to the consumer market has closed a $1 Million Series A funding round with a lead investment from an anonymous private investor. The round was raised on CircleUp, and investment marketplace for emerging consumer and retail companies. “We had our eye on Fourth & Heart since the Expo West 2016 show; we loved the brand they created and we knew their growth was unheard of in the food space,” stated the anonymous investor. “Furthermore, we love the product and the brand vision. We look forward to growing a relationship ... |
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Architec Housewares Acquires Madeira Housewares, Starboard Collection
Florida-based Architec Housewares announces two strategic acquisitions—Madeira Housewares and the Starboard Collection—to expand the scope of the 16-year-old company and establish its niche as the company renowned for innovative product development. Located in Jupiter, Fla., Madeira Housewares specializes in the manufacturing and distribution of plantation teak cutting boards (shown here) utilizing quality raw materials based in Brazil. The company resources exotic wood and crafts it into artistic and fully functional tools for the kitchen. Each product design offers a unique use to help serve or prepare meals with ease. The acquisition also includes the company's popular Mario Batali brand license ... |
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Robinson Home Products Appoints New President
Robinson Home Products has ushered in a new era for the company with the promotion of Ross Patterson to president. His successful six-plus year tenure as business director-tabletop at Robinson laid the groundwork for this appointment, with the company enjoying a 40 percent growth in the tabletop category over the past six years. The promotion, which took place immediately, puts Patterson at the helm of day-to-day operations and in collaboration with the company’s board of directors to implement key development strategies. In this new role, Patterson will oversee the health and growth of Robinson’s core business areas, with key directors ... |
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Southern Season Sold at Auction
Calvert Retail, a Delaware company that owns eight kitchenware stores, was the sole bidder in a bankruptcy sale for Southern Season in Chapel Hill, N.C. Calvert came in with a $3.5 million bid, according to an article in The News & Observer. A federal judge approved the sale Friday afternoon and the deal was being expedited to close on Monday. “We are very close to zero cash. We don’t have enough cash to operate next week if this doesn’t close,” John Fioretti, the court approved chief restructuring officer for Southern Season, told the newspaper. According to reports, Calvert Retail owns ... |
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Zak Designs Makes Inc. 5000 List of Fastest Growing Companies
Inc. magazine’s annual list of the 5000 fastest-growing companies in America includes for the second time, Zak Designs of Spokane, Wash. “The Zak Designs family is made up of some of the most talented and hard-working people on the planet, and this honor is a result of their amazing efforts,” said Founder Irv Zakheim. “I’m incredibly proud of this achievement and I’m extremely grateful to all our employees and customers who made it possible.” "The Inc. 5000 list stands out where it really counts,” said Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a ... |
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NuttZo Organizes Voluntour Trip to Peruvian Orphanage
The NuttZo team recently returned from a trip to Cusco, Peru, where they and 10 other women from California, Massachusetts, North Carolina and Pennsylvania volunteered at a local orphanage supported by the company’s non-profit, Project Left Behind. This was the second “voluntour” trip organized by Danielle LiVolsi, NuttZo’s CEO, and her sister Shel Dougherty, NuttZo’s marketing director. The goal of the trip was twofold: volunteer at one of the non-profit’s orphanages and inspire the group members with a number of tours and stops over the course of seven days. “We want to help the small independently funded orphanages that are ... |
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Bevolution Group, a Portfolio Company of Highlander Partners, acquires Dr. Smoothie Brands
CHICAGO, July 29, 2016 /PRNewswire/ -- Highlander Partners' portfolio company, Bevolution Group, a leading provider of cold and hot beverage solutions to the foodservice industry, is excited to announce its acquisition of Dr. Smoothie Brands, enhancing Bevolution Group's offerings in the specialty beverage categories. Dr. Smoothie's on-trend, authentic product portfolio enjoys strong brand equity, serving customers in the coffee house, health club and restaurant segments, among others. The company's line of premium smoothies and beverage powders complements Bevolution Group's already robust selection of shelf-stable and frozen cocktail mixes, juice products, teas, lemonades, sports and energy drinks, slushies, enhanced waters, and ... |
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Forty One Madison Prepares For End of September New York Tabletop Market
(NEW YORK, NY—AUGUST, 2016)—With an earlier-than-usual date of Tuesday, September 27 - Friday, September 30, the fall edition of The New York Tabletop Market is cranking up with a new showroom opening, untold new product introductions, and a swirl of activity as Forty One Madison undergoes its first major renovation in 42 years. Arrived from the U.K. and aggressively growing its presence in the North American market is Typhoon, which has moved into its first-ever U.S. showroom, a 1,200-square-foot location on the 8th floor. For the past 20 years since its founding, this family-owned company has developed a compelling portfolio ... |
