KKR and former Dean Foods CEO win bankruptcy auction for Borden

A hearing to approve the proposed deal for the milk processor, which filed for Chapter 11 in January, is scheduled for Thursday in Delaware.

By Lillianna Byington • June 16, 2020

Brown-Forman selling Canadian Mist, 2 other brands to Sazerac

The divestiture is the latest by the owner of Jack Daniel’s and Old Forester to prioritize premium, faster-growing brands in its portfolio.

By Jessi Devenyns • Updated Aug. 3, 2020

Explore the Trendline➔

Mergers and acquisitions

Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.  

By Food Dive staff

Nestlé contemplates selling its North American Waters division

Although nothing is set in stone, the company's CEO expressed an interest in more modern offerings to reinvigorate the space.

By Jessi Devenyns • June 12, 2020

Kerry launches 13 new plant-based ingredients

These options are geared toward flexitarian consumers looking for alternatives that mimic animal-based protein sources. 

By Jessi Devenyns • June 11, 2020

Nestlé to acquire majority stake in collagen maker Vital Proteins

The maker of bars, beverages, capsules and powders with the protein would operate as a standalone business at the Swiss food giant. Financial details were not disclosed.

By Christopher Doering • June 11, 2020

Ocean Spray's incubator launches CBD sparkling water

The CarryOn brand has two product lines called Elevate and Descend that focus on mental wellness. Each can has vitamins C and E, 10 calories and no added sugar.

By Lillianna Byington • June 10, 2020

Leftovers: Jack Daniel's cans its popular cocktails; top peanut butter brands put the squeeze on packaging

Brown-Forman's new whiskey innovation is tailor made for summer, while craft brewer Clown Shoes uses terpenes to help consumers taste the rainbow. 

By Food Dive staff • June 5, 2020

Bang, Bubly and G Zero are among 2019's top innovations, says IRI

The research firm released the 100 New Product Pacesetters for last year, with the six brands heading the list each getting more than $100 million in sales. 

By Jessi Devenyns • June 2, 2020

How the alcohol industry can serve consumers who prefer to drink at home

E-commerce delivery service Drizly said sales have been at least 350% above what the company would expect to see since April.

By Christopher Doering • June 2, 2020

Mondelez ups recyclable pledge with change to Philadelphia cream cheese packaging

Berry Global said it will provide packaging containing reused plastic for the snack maker's popular brand.

By Jessi Devenyns • June 1, 2020

Leftovers: Cereal gets more Fun(fetti); Kashi GOes frozen

The celebration cake that rocked the '90s comes to breakfast bowls in August, and La Colombe adds chocolate milk to its lineup.

By Food Dive staff • May 29, 2020

Why the founder of Uncle Matt's Organic bought the company back from Dean Foods

After selling the beverage brand in 2017, Matt McLean repurchased his family business for about $7.25 million when the milk giant went bankrupt. 

By Lillianna Byington • May 27, 2020

Consumers and manufacturers rethink DTC's promise as pandemic alters shopping habits

PepsiCo, Mondelez and Unilever are among the companies that have deployed direct-to-consumer shipping, which offers convenience for shoppers but complicated logistics. 

By Christopher Doering • May 26, 2020

A fatty ingredient hidden in butter could be the secret to better health

Researchers at Seraphina Therapeutics found the first essential fatty acid in 90 years, known as C15:0, to demonstrate broad health benefits in studies.

By Christopher Doering • May 21, 2020

DFA hit with antitrust lawsuit tied to Dean Foods acquisition

Food Lion and the Maryland and Virginia Milk Producers Cooperative Association are challenging the $433 million deal they argue will wipe out any remaining competition. 

By Lillianna Byington • May 20, 2020

Orange juice sales get sweeter as consumers look for immunity boost

Retail sales in the U.S. increased 46% to 44 million gallons in the four weeks ending April 11, and futures trading jumped 27%.

By Jessi Devenyns • May 19, 2020

Once thriving craft beer industry dealt crippling blow by coronavirus

With brewpubs and taprooms shuttered and consumers less willing to experiment, thousands of brewers could go out of business or experience major changes to their operations.

By Christopher Doering • May 19, 2020

COVID-19: The alcohol industry needs to think creatively

Executives should respond to the immediate emergency, then renew and scale operations to help drive the return to growth once the peak of the crisis has passed, writes Accenture's Oliver Wright. 

By Oliver Wright • May 15, 2020

Leftovers: Halo Top pops into a new frozen treat; Kodiak Cakes puts its stamp on granola bars

The revolutionary better-for-you ice cream brand creates an on-the-go version, and Agua Bucha is the mashup of the kombucha and sparkling water trends.

By Food Dive staff • May 15, 2020

Startup United Sodas aims to broaden category with launch of better-for-you drink

The beverages, which come in 12 flavors such as Extra Peach and Toasted Coconut, contain 30 calories and have no artificial ingredients. They will initially be sold online.

By Christopher Doering • May 13, 2020

AB InBev launches cocktail-inspired hard seltzers

The beverage from the alcohol giant joins its recent entrants into the fast-growing category including Bud Light Seltzer and Natural Light Seltzer.

By Jessi Devenyns • May 13, 2020

Why PepsiCo launched 2 new direct-to-consumer sites

Snacks.com and PantryShop.com are part of the company's efforts to meet consumers where they shop, as e-commerce becomes a bigger part of their buying habits. 

By Christopher Doering • May 12, 2020

Ingredion launches sugar substitute made from erythritol

The ingredient, which has a distinctive cooling effect, is made through fermentation and can be found naturally in some fruits and vegetables.

By Jessi Devenyns • May 7, 2020

How SoRSE Technology is formulating CBD products in a pandemic

As interest in infused food and drink has increased during the outbreak, the supplier is staggering shifts in the lab and sending samples to different locations.

By Lillianna Byington • May 7, 2020

Online alcohol sales may see permanent rise as coronavirus alters shopping habits

Data insights firm Kantar estimates that 30% of new customers who try buying booze through e-commerce for the first time during the pandemic will remain long-term users. 

By Christopher Doering • May 6, 2020