Laird Superfood

Laird Superfood, the US manufacturer of plant-based functional foods, has entered into a definitive agreement to acquire Navitas, the organic “superfood” brand, for $38.5 million in cash. The transaction, which is expected to close in the first quarter of 2026, will be funded through a $50 million private placement of Series A Convertible Preferred Stock to affiliates of Nexus Capital Management. Navitas, founded in 2003, specializes in nutrient-dense organic products …