Consumer Private Placement and M&A Transactions Review Week Ending November 5, 2023

Huel: The company raised GBP 82.5 million of venture funding from Morgan Stanley on November 1, 2023. The company produces meal replacement powders and solid food from plant based sustainable ingredients.

Swiss Blue Salmon: The company raised CHF 2 million of venture funding from Holinger, Erne Group, and other undisclosed investors on October 30, 2023, putting the company’s pre-money valuation at CHF 6.75 million. The company is an operator of a seafood business intended for the sustainable production of Atlantic salmon.

Foodnerd: The company raised $1 million of venture funding from undisclosed investors on October 31, 2023. The company is a producer of plant-based, gluten-free and sugarless organic breakfast products.

Soiltech Wireless: The company raised an undisclosed amount of venture funding from Grit Road Partners in November 2023. The company provides wireless devices to measure soil moisture, temperature and humidity, as well as crop location and bruising.

Daou Vineyards / Treasury Wine Estates: The company reached a definitive agreement to be acquired by Treasury Wine Estates, a subsidiary of SABMiller, for $1 billion on October 30, 2023. The company is a producer of wine based in Paso Robles, California.

Moorhead & McGavin / Roebuck Food Group: The company reached a definitive agreement to be acquired by Roebuck Food Group for GBP 2.2 million on November 3, 2023. The company specializes in supplying pulses, cereals, pasta, and rice to the food service industry.

Club Earlybird / Society Brands: The company was acquired by Society Brands for an undisclosed amount on October 31, 2023. The company is a manufacturer of a morning energy drink brand based out of the United States.

Dillinger Brewing / Borderlands Brewing: The company was acquired by Borderlands Brewing for an undisclosed amount on October 31, 2023. The company is an operator of a micro-brewery specialized in grain beer production located in Tucson, Arizona.

FUEL 10K / Premier Foods: The company was acquired by Premier Foods for a reported GBP 34 million on October 30, 2023. The company offers a variety of vegan breakfast products and drinks.

Goedhuis & Waddesdon Wine / Goedhuis Waddesdon: The company was formed by the merger of Goedhuis & Co and Waddesdon Wine on November 3, 2023. The company is an operator of a winery based in London, United Kingdom.

Griffo Distillery / MGD Acquisition: The company was acquired by MGD Acquisition for an undisclosed amount on October 30, 2023. The company is a producer of distillery spirits and canning services based in Petaluma, California.

Hamburg Distilling Company / Westenhorst Gmbh & Co.: The company was acquired by Westenhorst for an undisclosed amount on October 31, 2023. The company is a manufacturer of craft spirits and alcoholic beverages based in Hamburg, Germany.

HerdWhistle / AgSights: The company received an undisclosed amount of financing from AgSights on November 2, 2023. The company is a developer of a livestock software platform designed to provide herd monitoring and inventory tracking.

La Mère Poule / Belov: The company, a subsidiary of Olymel, was acquired by Belov for an undisclosed amount on October 30, 2023. The company is a manufacturer of organic frozen baby foods including fruits, vegetables, meat purees and sorbets.

Mt. Vikos / Atalanta: The company was acquired by Atalanta for an undisclosed amount on October 30, 2023. The company offers Greek cheese products and spreads.

Piece of Cake / Chicken Salad Chick: The company was acquired by Chicken Salad Chick, via its financial sponsors Harris Preston & Partners and Brentwood Associates, through an LBO on October 31, 2023 for an undisclosed amount. The company offers a range of baked goods and gluten-free products.