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CPG Week by BevNET & Nosh

Quietly Approaching $30 Million Revenue, $13 Million Raise for Bachan’

13 Oct 2022

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This week, NOSH editor Carol Ortenberg along with BevNET Editor-in-Chief Jeff Klineman and reporter Lukas Southard chatted about what trends Jeff saw in his trip to Las Vegas for the National Association of Convenience Stores’ trade show. The team also reflects back on the anniversary of a major deal and delved into the shake-ups happening in plant-based meats. Later, Carol talked with Japanese barbecue sauce maker Bachan’s founder Justin Gill about fundraising and the advantages of covert brand-building. In this episode:   01:10: BevNET Editor-in-Chief Jeff Klineman talks about healthy options entering the c-store space, mingling with brand mascots and the number of new products featuring caffeine coming to the convenience channel.   8:50: The team wishes RX Bar a happy five year anniversary on the company’s sale to Kellogg’s and discusses innovation through acquisitions.   11:55: Lukas discusses the dissolution of JBS’ Planterra Foods division and how the broader pullback in plant-based meats reflects the future of the category.   19:53: NOSH editor Carol Ortenberg spoke with Bachan’s founder Justin Gill about the brand’s recent capital raise as well as how the brand grew into a profitable omnichannel business. Carol asked about how the company kept a low profile amidst its successful growth. 

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