New York, NY—Humm Kombucha has secured a $8MM line of credit from Gerber Finance, an eCapital company. The deal was completed under the company’s Naturally Gerber Finance division, according to a press release. "We are passionate about brands that are positively impacting people’s health and happiness and have deep experience...
New York, NY—Hippeas has raised $50 million from The Craftory Limited, according to a press release. The financing consisted of direct investment and secondary purchases of shares from existing Hippeas shareholders, including CAVU Venture Partners. Elio Leoni Sceti, Co-Founder & Chief Crafter at The Craftory, stated in the press release:...
Tokyo based Kaneka Corporation acquired a 34.8% share of AB-Biotics (ABB), a Barcelona based biotech company focusing on research, development, and distribution of its own products using lactic acid bacteria. Kaneka has also established a license agreement with AB-Biotics to grant Kaneka exclusive rights for production and sales of ABB’s...
Bedminster, NJ — According to a press release from Swander Pace Capital, the private equity firm has sold Kicking Horse Coffee, Ltd., the #1 organic and fair trade coffee roaster in Canada to Luigi Lavazza S.p.A. in a transaction valued at C$215 million. In 2012, the firm partnered with Kicking...
Irvine, CA — ChromaDex announced its financial results for the first quarter (Q1) of 2017 ending on April 1, 2017. Net sales for Q1 2017 were $4.4 million, compared to the Q1 2016 which were $7.3 million, a 39% decrease. The firm attributes this decrease to dropping its largest customer...
Mumbai, India — Everstone Group has invested $35 million in a stake of Mumbai-based OmniActive Health Technologies Ltd. Everstone Group has been rapidly expanding in the nutraceutical space and its investment in OmniActive will give it a significant minority stake. Through the Everstone Group investment, OmniActive will have the ability...
Boulder, CO — New Hope Network, part of Informa PLC, has acquired the assets of San Diego, CA-based Nutrition Capital Network (NCN). NCN was found in 2007 and facilitates financing, partnering and asset sales for growth companies in the natural products, nutrition and health and wellness industry by connecting investors...
