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Kombucha Maker KeVita, PepsiCo Make Deal
PepsiCo Inc. has entered into a definitive agreement to acquire KeVita, a leading North American creator of fermented probiotic and kombucha beverages. The transaction will expand PepsiCo's health and wellness offerings in the premium chilled beverage space.   "I am pleased to welcome KeVita into the PepsiCo family. Under the leadership of CEO Bill Moses, KeVita has become an innovative, high–growth brand that is transforming the functional beverage space," said Chris Lansing, general manager and vice president, PepsiCo Premium Nutrition. "This announcement is further evidence of PepsiCo's focus on delivering Performance with Purpose by continuing to evolve our health and wellness offerings to meet ...
Sur La Table Receives $20 Million Investment From Capitala
Capitala Group, a provider of capital to lower and traditional middle market companies, has invested $20 million in Sur La Table Inc., a premium chain retailer of a variety of upscale cooking and dining supplies. Capitala Finance Corp., a business development company managed by Capitala, invested $15 million of senior secured debt, with the remaining $5 million invested by Capitala Group affiliated funds. Based out of Seattle, Sur La Table is a multi-channel retailer that sells through 132 stores in the United States, as well as through its catalog, website and gift registry. It offers a broad selection of premium ...
Zipongo Acquires FillMyFork to Expand Offerings
Zipongo has acquired the team and assets of FillMyFork, a provider of healthy cooking recommendations, nutrition rewards, passive tracking of grocery purchases and related analytics. The acquisition aids Zipongo, a leading personalized digital nutrition platform, in its expansion of its food benefits management offering to health plans, employers and health systems.  Zipongo provides digital dietary assessment, nutrition counseling, advanced personalization using Nutriomics data, meal planning, cooking tools, grocery delivery, discounts, rewards and guided meal ordering.  Arun Nijhawan and Kartik Shastri founded FillMyFork in 2014 with a mission to help people incorporate evidence-based nutrition into their daily lives. FillMyFork employs incentive ...
Vermont Creamery Wins Nine Awards at International Competition
Vermont Creamery was once again recognized for excellence in cheesemaking, taking home nine World Cheese Awards at the annual competition held in St. Sebastian, Spain.  Feta, Bijou and Quark all earned silver; the newest aged cheese, St. Albans (shown here), took bronze, as did Cremont, Coupole, Bonne Bouche, Fresh Crottin and Crumbled Goat Cheese with Cranberry and Tarragon. “It’s a tremendous honor to be recognized amongst our industry peers on the world stage,” said Allison Hooper, co-founder and CEO, Vermont Creamery. “We’re so proud of our entire team’s dedication to innovation and quality.”  “Nine World Cheese Awards is a terrific ...
Ripert, Bourdain Team Up to Launch Chocolate Bar
Williams-Sonoma announced the exclusive launch of a chocolate collaboration between Eric Ripert and Anthony Bourdain called the Good & Evil Chocolate Bar. Inspired by the friendship and personalities of  Ripert and Bourdain, the chocolate has been crafted in the traditional European style by master chocolatier Christopher Curtin of Éclat Chocolate using Fair Trade organic cacao beans.  The bar is distinguished by its smoothness and intensely complex flavor that combines the pleasures of "good" food with the heavenly "evil" of pure indulgence. “We are proud to be working with these guys and to be the exclusive retailer of their sinfully delicious ...
NY NOW Announces Winter 2017 Seminar Program
WHITE PLAINS, NY. – November 21, 2016 – Continuing its trend of providing attendees with incredible industry insight, NY NOW®, the Market for Home, Lifestyle + Gift, today announced that registration is now open for its popular seminar series at the winter 2017 market. In addition to the 2,400+ exhibitors that will be showcasing a robust selection of tens of thousands of on-trend products in hundreds of categories, there will also be more than 30 seminars highlighting design trends, sustainability, retail strategies, digital media and more. “NY NOW recognizes how critical it is for attendees to maximize their time at ...
Swiss Diamond Honors Their Brick and Mortar Retailers
Swiss Made Brands USA, Inc. (Charlotte, NC) – November 2016 – As the holiday shopping season heats up, Swiss Diamond, cookware and kitchenware realizes that consumers are inundated with choices.  Not only do they have to decide what to buy, but where to buy can be equally overwhelming.  Swiss Diamond is proud to recognize the efforts of our brick-and-mortar retailers, those stores who consistently go above and beyond to bring satisfaction to our customers around the country.  Swiss Diamond has created a “Featured Store” page on their website and will be doing regular e-mail blasts to consumers to increase awareness ...
Lenox Corporation Names Lester Gribetz to Its Board of Directors
Bristol, PA, – (November 17, 2016) – The Board of Directors of Lenox Corporation (“Lenox” or the “Company”), a portfolio company of Clarion Capital Partners (“Clarion”), announced today that Lester Gribetz has been elected to the Company’s Board of Directors.  Mr. Gribetz will assist Lenox in transitioning his role to a successor while at the same time pursuing outside interests. “Lester is one of the true creative forces in the Home Fashion, Tabletop and Housewares industries” commented Peter Cameron, Lenox’s Co-Chairman.  “He has an incomparable eye for current trends, and a charisma that has made him endearing to colleagues, customers ...
Lenox Corporation Announces Executive Leadership Changes
Bristol, PA, – (November 16th, 2016) – Lenox Corporation, a portfolio company of Clarion Capital Partners, announced today that Peter Cameron will be transitioning from the position of CEO to Co-Chairman of the Board of Directors and Katrina Helmkamp has been appointed as the Company’s new Chief Executive Officer.  “Peter Cameron and I have been partners for 30 years across four successful Housewares and Tabletop businesses,” commented Marc Utay, Clarion’s Managing Partner and Lenox’s Chairman. “He is an energetic leader and I’m proud of our accomplishments together at Lenox.  I look forward to working with Peter in his new role ...
The Legacy Companies to acquire the West Bend Electrics Division of Focus
Fort Lauderdale, FL - November 18, 2016   The Legacy Products Companies (“Legacy”) and Focus Products Group International, LLC (“Focus”) announced today that they have entered into a letter of intent by which Legacy would acquire the West Bend Electrics division of Focus. Focus, founded in 2001, is a growth oriented national provider of leading brands in Bath and Home Fashion for both retail and commercial accounts.  Focus is a portfolio company of Centre Lane Partners, LLC. "We are pleased to announce our intent to acquire the West Bend Electrics division, our 4th acquisition in 2016.   West Bend meets our criteria ...
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