Consumer Private Placement and M&A Transactions Review Week Ending July 2, 2023

BLUU Seafood: The company raised EUR 16 million of Series A venture funding in a deal led by LBBW Venture Capital and Sonae on June 28, 2023. Delivery Hero Ventures, Dr. Oetker, IFB Bank Hamburg, SeaX Ventures, Manta Ray Ventures and Norrsken VC also participated in the round. The company is an operator of a biotechnology business that produces cell grown, cultivated fish products.

Papa’s Pilar: The company received $10.8 million of development capital from undisclosed investors on June 29, 2023. The company is a producer of multi-sourced solera blended artisanal rums based in Key West, Florida.

Holidaily Brewing: The company closed on $1 million of a planned $4 million round of venture funding from undisclosed investors on June 29th 2023. The company is a producer of gluten-free beer.

Wet Hydration: The company closed on $1.9 million of an undisclosed targeted amount of venture funding on June 28, 2023. The company is a producer of sugar-free, low/no calorie functional beverages.

Niceland Seafood: The company raised an undisclosed amount of venture funding from Eyrir Venture Management in July 2023. The company is a retailer of frozen and traceable fish for the retail market.

Vanozza: The company raised an undisclosed amount of venture funding from Innovations starter on July 1, 2023. The company is a producer of mozzarella cheese alternatives for vegan consumers.

Farmer Brothers / Treehouse Foods: The direct ship business and Texas coffee facility of Farmer Brothers was acquired by Treehouse Foods for $100 million on June 30, 2023. The company is a distributor of coffee, tea, and other culinary products based in Northlake, Texas.

Nuvo Sparkling Liqueur / Lucas Bols: The Nuvo Sparkling Liqueur business of The London Group, was acquired by Lucas Bols for $5.7 million on June 30, 2023. The company is a producer of liqueur based in Norwalk, United States.

Chef Inspirational Foods / MamaMancini’s Holdings: Chef Inspirational Foods was acquired by MamaMancini’s Holdings for $3.6 million on June 29, 2023. The company is a producer of prepared entree and salad food products catering to supermarkets, club stores and food service customers.

RiceBran Technologies / Stabil Nutrition: The stabilized rice bran business of RiceBran Technologies, was acquired by Stabil Nutrition for $1.8 million on June 26, 2023. The company is a producer of functional ingredients from rice and ancient grains based in Texas, United States.

Blackbird Cider Works / RESURGENCE BREWING COMPANY LLC: Blackbird Cider Works was acquired by Resurgence Brewing Company for an undisclosed amount on June 26, 2023. The company is a producer of cider beverages based in Barker, New York.

Haus / The Naked Market: Haus was acquired by The Naked Market for an undisclosed amount on June 29, 2023. The company is a producer of low ABV (alcohol by volume) apéritif beverages.

Prestige Farms / Superlatus:  Prestige Farms was acquired by Superlatus for an undisclosed amount on June 30, 2023. The company is a distributor and processor of poultry products based out of Charlotte, North Carolina.

Strecks Brauhaus / Unknown Investor:  Strecks Brauhaus was acquired for an undisclosed amount on June 27, 2023. The company is a brewer of alcoholic and non-alcoholic beverages based in Ostheim, Germany.

Theo Chocolate / American Licorice:  Theo Chocolate reached a definitive agreement to be acquired by American Licorice for an undisclosed amount on June 28, 2023. The company is a manufacturer of organic chocolate candies based in Seattle, Washington.