CPG Careers
← All posts

CPG Industry Roundup: Closures, M&A, and New Product Launches

July 1, 2026 · 3 min read · By Andy Roads

Today's roundup covers a plant closure at Coca-Cola, a major distribution deal, a notable brand extension from Elmhurst, a capital investment from Amass Brands, and a significant ingredients acquisition by CVC Capital.

Coca-Cola is closing its bottling plant in Northampton, Massachusetts, resulting in layoffs for 175 workers. The facility handled noncarbonated beverage production, and the closure had been planned for several years before the formal announcement. Plant closures of this scale are a reminder that even the largest CPG operators continually reassess their manufacturing footprints, particularly as product mix and consumer preferences shift. For job-seekers in the region with bottling, operations, or supply chain backgrounds, this closure signals an immediate need to begin exploring opportunities elsewhere in the industry.

Columbia Distributing has completed its acquisition of select wine and spirits distribution rights from Republic National Distributing Company, adding roughly 850,000 cases to its portfolio across Oregon and Washington. The deal significantly broadens Columbia's presence in two major West Coast markets where competition for shelf space and distributor relationships is intense. For brand owners and sales teams operating in the Pacific Northwest, the shift in distribution control means re-evaluating existing relationships and understanding how Columbia plans to prioritize the newly absorbed portfolio within its current book of business.

Elmhurst, best known for its oat and nut milks, has entered the alcoholic beverage category with a new subbrand called Good Day, Darling, unveiled at the Summer Fancy Food Show in New York City. The product is an oat-brewed amber spritz at 4.1% ABV, available in Blueberry Lemon and Strawberry Lychee flavors in 12 oz. cans. The move signals how plant-based brands with established ingredient credibility are testing adjacency into alcohol, a category that continues to attract crossover innovation. Elmhurst's oat brewing process gives Good Day, Darling a distinct positioning angle in an increasingly crowded better-for-you alcohol set.

Amass Brands Group has made a pair of investments over the past week, pushing further into sparkling protein and hemp-infused beverage categories. The moves reflect a deliberate effort to build a portfolio around non-alcoholic functional drinks, two segments that have attracted significant consumer interest and retailer shelf space over the past several years. For CPG professionals tracking where capital is flowing in the better-for-you beverage space, Amass is positioning itself as a multi-brand holding company in categories that many larger players have been slower to formally commit to at the investment level.

CVC Capital has agreed to acquire Irca, an Italian supplier of dessert ingredients, adding to a growing ingredients portfolio that already includes IFF's ingredients business, purchased for $4.3 billion roughly one month ago. The back-to-back acquisitions suggest a deliberate strategy to consolidate specialized food ingredient suppliers under one private equity umbrella. For CPG manufacturers sourcing specialty baking and confectionery ingredients, this kind of consolidation typically reshapes supplier relationships, pricing structures, and contract terms over time, making it worth monitoring how Irca's operations and commercial terms evolve under new ownership.


Sources: Food Dive · BevNet · BevNet · BevNet · Food Dive

More on CPG Careers

Get the weekly digest

The week’s most interesting CPG and food and beverage jobs.

One short email every Friday. Free. Unsubscribe anytime.

Get the digest