TLDR:
– Nutpods, a producer of plant-based creamers, has been acquired by MPearlRock, a partnership between The Kroger Co.’s venture capital arm PearlRock Partners and private equity firm MidOcean Partners.
– Nutpods is available in 15,000 retail stores nationwide and saw significant growth after receiving a strategic investment from VMG Partners in 2019.
– The acquisition allows Nutpods to reach more consumers in new channels and expand into new product verticals.
New York-based Nutpods has been acquired by MPearlRock, a partnership between the venture capital arm of grocery chain The Kroger Co. and private equity firm MidOcean Partners. Nutpods, which produces plant-based creamers, was founded in 2013 and is currently available in 15,000 retail stores across the US. The terms of the deal have not been disclosed.
