Red Bull Zero Monk Fruit Red Bull Zero Monk Fruit

CPG Weekly Roundup: April 25 - May 1

This week in CPG investment trends, energy drinks, legacy food brands, and functional wellness players dominated headlines. From Heineken buying its way into caffeine to Gorgie landing a major Series A and Truvani securing a strategic growth investment, capital is moving toward brands that blur lines—between wellness and indulgence, food and supplement, legacy and challenger.

Here are the biggest moves and what they signal for the industry.

Tenzing Range Heineken Energy Drink

Heineken Acquires Majority Stake in Tenzing Energy

Heineken has acquired a controlling stake in Tenzing, a UK-based natural energy drink brand. The move marks Heineken's first step into the energy category and adds a caffeine-forward SKU to their traditionally alcohol-heavy portfolio.

Gorgie Wellness Energy Drink

Gorgie Raises $24.5M Series A, Expands into Target

Gorgie, the wellness-centric energy drink brand, raised a $24.5 million Series A round and announced a major retail expansion into 1,900 Target locations. The brand focuses on low caffeine, clean ingredients, and a highly aesthetic identity.

Uncrustables Limited Time Offering

Uncrustables Introduces Limited-Time Varieties

Uncrustables will roll out a limited-time Peanut Butter & Honey sandwich and Peanut Butter & Grape Roll-Up. The brand is testing seasonal SKUs as it continues to lead the frozen handheld category.

Red Bull 12.6 Billion Cans 2024

Red Bull Hits 12 Billion Cans Sold Globally

Red Bull announced record-breaking global sales of 12 billion cans in 2024, representing a 5.5% year-over-year growth rate. The milestone cements its place as the global leader in energy, despite rising competition.

Nosh AI-Guided VC Fund Opengraph

Basemakers Founder Launches AI-Guided VC Fund

Basemakers founder Max Baumann is launching a new AI-guided venture fund aimed at better predicting early-stage success in CPG. The fund will use proprietary data tools to inform investment decisions across food, beverage, and wellness.

Apex Capital Juanitas Foods

Apex Capital Acquires Majority Stake in Juanita's Foods

Apex Capital has acquired a majority stake in Juanita’s Foods, a legacy Latin food brand known for menudo and hominy. The deal will support growth in new channels and refresh the brand’s positioning.

Boston Beer Co Sales Q1 2022-2025

Boston Beer Reports Strong Q1 Ahead of Summer

Boston Beer Co. shared a strong Q1 earnings report and positive guidance for the summer season. Highlights included growth in Twisted Tea and Truly as the company leans into flavored and sessionable formats.

Truvani Growth Investment

Truvani Secures Strategic Growth Investment from RX3 Growth Partners

Truvani, a supplement and clean-label wellness brand, secured a growth round led by RX3 Growth Partners. The funding will help scale DTC infrastructure and support retail expansion.

What This Means for CPG Investment Trends

This week’s headlines point to a clear signal: the energy drink category isn’t just growing—it’s fragmenting. Heineken’s move into natural energy via Tenzing, Gorgie’s Series A, and Red Bull’s 12B milestone show a spectrum of plays: global scale, clean-ingredient challenger, and strategic legacy entrance. Brands aren’t fighting for the same consumer—they’re carving out moments and moods within the broader energy occasion.

Legacy CPG players are also moving in ways that suggest deeper investment alignment with changing consumer values. Juanita’s isn’t just a heritage acquisition—it’s a bet on cultural relevance and pantry-based growth. Boston Beer’s earnings reinforce that sessionable, flavor-forward drinks still win in warm-weather windows, even if seltzer saturation continues.

There’s also a broader tech-adjacent story playing out. Basemakers’ new AI fund is an early signal that investment due diligence is evolving. As more capital floods into early-stage CPG, expect data science to become a larger part of how investors underwrite risk and identify scalable opportunities.

Finally, Truvani’s new funding and Uncrustables’ LTOs show that functional and nostalgic are not in conflict. Truvani appeals to label readers; Uncrustables taps into convenience and comfort. Both are growing by meeting specific emotional and practical needs.

The thread through it all? Capital is chasing clarity. Whether it’s mood-driven beverages or AI-informed funds, the brands and investors moving with the most precision—not the most noise—are the ones building real momentum.

Final Thoughts

In this week’s CPG activity, big money didn’t just follow growth—it followed specificity. As more capital enters the space, expect sharper bets on defined categories, clearer brand voices, and tools that reduce guesswork. In 2025, strategy and storytelling are both part of the deal.

Our Impact

In 1995, our founders embarked on a journey that would disrupt the status quo of the executive recruiting industry. We have been transforming companies and lives ever since.

Frame 1000004239-May-16-2024-12-16-32-9170-PM

9,395

First Round Interviews

Frame 1000004239-May-16-2024-12-17-23-0672-PM

3,000+

Total Placements

Frame 1000004239-May-16-2024-12-18-06-3937-PM

47%

Diversity Placements

Frame 1000004239-May-16-2024-12-18-38-1485-PM

$700M

Economic Impact

zz-logo

Brent Albertson

CEO, Zing Zang LLC

Non-Alcoholic Beverages
Non-Alcoholic Beverages

“ Our experience with Protis Global has been very positive. They have strong multi-industry CPG experience and understand our business model and standards. They know the difference between an “A-player” and a “B-player” in several functions, and the honesty around that standard helps us move faster. Mike and team set up a great process, especially in early canvassing and vetting that helps our leaders engage at the right time and make decisions fast. ”

mark-anthony-brewing-1-1

Colin Nolan

Executive Vice President, Mark Anthony Brewing Inc.

Beer, Wine & Spirits
Beer, Wine & Spirits

“Protis Global’s approach to talent acquisition is marked by diligence, transparency, and a genuine dedication to client satisfaction. Their strategic insights and personalized service have made a substantial impact on our organization, ensuring that we always have the best professionals driving our initiatives forward. The team at Protis Global demonstrates a keen ability to identify individuals who not only possess the requisite skills but also align seamlessly with our company culture.”

Glass_House_Brands_Inc__Glass_House_Brands_Reports_Record_Second

Hilal Tabsh

Chief Revenue Officer, Glass House Brands

Cannabis
Cannabis

“Over the last 10+ years my experience with Michael Bitar and the Protis Global team has been exceptional across multiple industries. Michael and his team work to get to the true needs of my hiring plan and partner with us throughout the process. They understand our business, company culture, what success looks like, and then propose candidates that will produce results while also fitting into our team dynamic. Overall it’s a great team and experience and I would recommend to anyone looking to hire top-notch quality candidates reach out to Protis Global and Michael Bitar.”

bespoke-logo

Peter Iglesias

Chief Executive Officer, Bespoken Spirits

Beer, Wine, & Spirits
Beer, Wine, & Spirits

“I highly recommend Protis Global as a top-notch recruiting agency. I have had the pleasure of working with them for the past 15 years, both as a candidate and employer in the Spirits and Wine industry. In my 25 years of experience, I have found Protis Global to be the most efficient and effective recruiting agency I have ever dealt with. Protis Global has consistently come through for me in the clutch, providing exceptional professionalism and execution in job searches and placements. Their dedication to finding the right fit for both candidates and employers sets them apart from other agencies. I have always been impressed by their ability to understand the needs of both parties and successfully connect them in a timely manner.”

Zevia new logo

Soley Van Lokeren

SVP, People

Non-Alcoholic Beverages
Non-Alcoholic Beverages

“I have been in the field of human resources for over thirty years, in executive level roles both in-house and in outsourced positions. Michael Bitar is my favorite talent acquisition professional with which I have ever worked. He cares deeply about building a relationship with his clients, learning their business, culture, challenges, and truly understanding the needs of a role requisition. His approach is mirrored by the rest of the Protis team, who are courteous, thorough, and who make you feel like you are their only client. Protis successfully delivered hires for our Chief Commercial Officer role and for three key challenging roles (in both Marketing and Sales). They are simply – the best!”

vitamin_logo-4

Brian Kuz

Chief Sales Officer

Food & Snacks
Food & Snacks

“Protis is unique in their go-to-market strategy in that they not only find the right candidate for the role, but they find the right opportunity and company for the candidate. Protis Global looks for people who are ready to make a change...I will continue to recommend Protis Global as one of the best placement agencies in the World, as I have worked on every continent and have dealt with the big executive placement firms and the boutique ones. Protis shines above all, and as long as I am hiring, I will continue to go to Protis Global first, if not exclusively.”

poppi-testimonial

Chris Hall

CEO, poppi

Non-Alcoholic Beverages
Non-Alcoholic Beverages

“Partnering with Protis Global has been a game-changer for poppi. They understood our vision and the unique challenges we faced as a rapidly growing brand. Their expertise in executive search helped us find the right leaders who not only fit our culture but also brought the skills and passion needed to drive accelerated growth. The Protis Global team actively took our feedback and adapted the search so that we could focus on what we do best – creating innovative, healthy beverages that our customers love. They’ve truly become an extension of our team, and we couldn’t imagine achieving our success without the team members they helped us to bring aboard.”

spindrift-logo

Chad Palma

President of Sales, Spindrift

Non-Alcoholic Beverages
Non-Alcoholic Beverages

“Michael Bitar and the Protis team have been such a pleasure to work with over the years. Not only do they do amazing work with recruiting but we have also developed a partnership between our two companies. Michael and his team provide a crucial role in reviewing my hiring needs at the beginning of each year. Once the review is complete, Michael begins searching for quality candidates that fit the role and culture for Spindrift. He and his team do an outstanding job of finding the right candidates for the position in need. I highly recommend Michael and the Protis team for your hiring needs.”

mark-anthony-brewing-1-1

John Sacksteder

President, Mark Anthony Brewing Inc

Beer, Wine & Spirits
Beer, Wine & Spirits

“From the start, the relationship with Protis Global was different than other recruiting firms.  The team had a deeper level of commitment and desire to learn about our business than I had experienced with other firms. Our company was experiencing a time of exponential growth and our staffing needs were complex. We needed very experienced people across every possible function in the Operation and Supply Chain Teams and we needed them in a hurry. The Protis Global Team mobilized quickly and established a methodology to identify strong candidates and work them through the interview process in a professional and timely manner. Their grit, determination, understanding our needs and culture, sense of urgency and drive to exceed our expectations set them apart from the pack.”

ijw-testimonial

Thomas Frisch

Chief People Officer at IJW Whiskey

Beer, Wine & Spirits
Beer, Wine & Spirits

“The team worked quickly and efficiently to find a unique position.”

lallemand-testimonial

Kim Nguyen

VP of Supply Chain at Lallemand

Beer, Wine & Spirits
Beer, Wine & Spirits

Everyone involved was extremely helpful - Gary, Michael, Ben - thank you!! The team didn't only search for candidates based on the job description, but also the qualities that I look for in candidates. 

poppi-testimonial

Shashank Gaur

VP of Product Technology & Innovation

Non-Alcoholic Beverages
Non-Alcoholic Beverages

The interview process was smooth and extremely professional. Ben and team represented me as much as they represented the company. 

arla-testimonial

Jeremy Schulman

Regional Business Manager - Foodservice

Food & Snacks
Food & Snacks

Consistent communication, updates, and detailed knowledge of the client. The whole experience was top notch!

coppali-testimonail

Blake T. Bermingham

Supply Chain Manager

Beer, Wine, & Spirits
Beer, Wine, & Spirits

Very simplistic process finding the right role for the right candidate...keep up the great work! 

arla-logo

Don Stohrer Jr.

CEO, Arla Foods USA

Food & Snacks
Food & Snacks

“We’ve been a Protis Global client for eight years, and during this time have always appreciated the thoroughness of the recruitment process, as the candidates brought to us have been well-vetted, not only from a competency perspective, but more importantly from a [cultural] fit dynamic. Mike and the team have always been highly engaged to ensure they bring us candidates that match our culture. That’s been critical to the success of the candidates that have landed here by way of our relationship with Protis.”

Need Top CPG Talent?

Whether you're hiring or job-seeking, we've got you covered.