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Over the past few years – as clean label, fresh snacking has picked up steam – I’ve heard a  similar sentiment from at least a half dozen emerging brands as they launch into retail: “Just put us next to Perfect Bar.”

The 22-year-old brand, purchased by Mondelez in 2019, helped pioneer a shift within grab-and-go coolers, which before that, pretty much only held drinks. With plenty of entrepreneurial new treats in town and a category that continues to see a steady stream of new entrants, the space is both high growth and highly competitive. 

And Perfect Snacks continues to win.

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Another legacy snack maker is changing hands.

Utz Brands has agreed to be acquired by Germany-based Intersnack Group in a transaction valued at approximately $2.9 billion.

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Tim Jax has been named CEO of Legacy Bakehouse, a manufacturer of premium baked snacks, cookies and tortillas.

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Here’s a look at leading headlines from around the food industry. Go beyond the headlines with Insiders access.

1. Rebel Must Redesign Pints After $23.8M Van Leeuwen Loss

2. Backflip Built A Kids’ Cereal For the YouTube Generation

3. Lioness Founder Believes Women Deserve More Than Another Protein Bar

4. Final Boss Sour Raises $4M Ahead of Walmart, Target Expansion

5. Consumers Are Redefining Value – and Retailers Are Betting on Exclusives

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Heathcote Bakery founder Suzanne Lyon built a devoted following with an ultra-premium chocolate chip cookie made with uncompromising ingredients and a meticulous process. Then came viral demand, endorsements from Oprah and Bobby Flay, and the challenge every founder faces: how do you scale without sacrificing quality?

Listen to the episode now. Also available on Spotify and Apple Podcasts.