Constellation boosts stake in Canopy Growth to 39%

The marketer of Corona and Modelo still holds warrants and notes, which if exercised, would increase its ownership in the company to nearly 56%.

By Lillianna Byington • May 4, 2020

Leftovers: Brami dips into lupini hummus; Steeped Coffee brews sustainability

The protein-packed European bean makes the dip and spread shelf-stable and clean label, and Drinkworks partners with Brown-Forman to bring Jack Daniel's Lynchburg Lemonade home.

By Food Dive staff • May 1, 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

From candy to clean label, gum arabic's 'workhorse' reputation

The ingredient is popular because it can perform a range of functions including emulsifying, stabilizing, thickening, improving mouthfeel and being a natural glue.

By Christopher Doering • April 30, 2020

PepsiCo trims 'nonessential' marketing spend while focusing on growth areas

A boost in grocery sales is helping some of the company's brands, but gas station and restaurant closures are causing some pain.

By Dianna Christie • April 29, 2020

Coca-Cola reports border bottlenecks, touts localized supply chain to keep products flowing

Health screenings and policy changes are slowing traffic at border crossings around the world.

By Emma Cosgrove • April 28, 2020

PepsiCo signs deal to distribute Bang Energy drinks in US

The partnership comes on the same day the beverage giant closed its $3.85 billion deal to buy Rockstar Energy.

By Christopher Doering • April 28, 2020

Bankrupt Borden Dairy and Dean Foods bondholders propose merger

While the court already approved the sale of most of Dean's assets to Dairy Farmers of America, the deal must still receive antitrust clearance from the Justice Department.

By Lillianna Byington • April 27, 2020

Leftovers: My/Mo Mochi adds single-serve packaging; Upton's Naturals launches meat substitute to go bananas for

In the wake of the coronavirus pandemic, the frozen treat provides more hygienic protection, and BE Protein Smoothies adds chicken to its blend.

By Food Dive staff • April 24, 2020

Coffee prices spike as consumers hoard during virus outbreak

Locusts, lockdowns and a limited supply of containers in parts of the world could eventually result in a shortage and higher prices for the popular caffeinated beverage.

By Jessi Devenyns • April 23, 2020

Carbon dioxide shortage could threaten beer, soda and seltzers

The shortfall comes as ethanol plants, which collect the colorless gas as a byproduct, shut down or curtail output amid a drop in fuel consumption due to the coronavirus.

By Christopher Doering • April 22, 2020

Leftovers: ParmCrisps and Bridge Lane bring wine and cheese to your door; Nightfood takes on the ultimate pregnancy craving

The pairing brings fancier snacking to consumers during the pandemic, and Elysian Brewing has a new lager with rock star status.

By Food Dive staff • April 17, 2020

Virginia milk labeling bill vetoed

Gov. Ralph Northam wrote restricting the label to products from animals could hinder businesses' ability to thrive and may violate free speech.

By Megan Poinski • April 16, 2020

Antitrust concerns cloud DFA's purchase of Dean Foods' assets

Although the bankruptcy court approved the sale, it needs the U.S. Department of Justice to sign off. Some are hoping that roadblock will stop the deal.

By Lillianna Byington • April 16, 2020

Molson Coors expands partnership with Hexo to launch CBD beverages in Colorado

The new joint venture called Truss CBD USA will be majority owned by the beer giant. The two companies already developed a beverage for Canada. 

By Lillianna Byington • April 15, 2020

Trade group asks government to ensure food workers have protective equipment

The Consumer Brands Association said some state agencies are confiscating thermometers and face masks meant for industrial use, placing essential employees at risk.

By Jessi Devenyns • April 15, 2020

Scientists discover enzyme that breaks down PET plastic in a few hours

The packaging material is popular for its ability to keep products fresh, endure temperature changes and its low cost. Only about 12% to 14% of it is recycled.

By Jessi Devenyns • April 13, 2020

Nestlé expands blockchain to Swedish coffee brand Zoégas

Companies have been increasing their use of the sourcing technology as consumers look for more transparency about the food and beverages they purchase.

By Jessi Devenyns • April 9, 2020

As coronavirus helps CPG sales spike, companies reinvest revenue in relief efforts

Vita Coco is giving $1 million of its pandemic profits to charity, and Reed's turned its sampling truck into a delivery vehicle to give products to first responders.

By Lillianna Byington • April 8, 2020

Jones Soda names interim CEO as long-time chief steps down

Jamie Colbourne brings his CPG experience to the tiny craft beverage company as it competes against smaller upstarts and juggernauts PepsiCo and Coca-Cola.

By Christopher Doering • April 7, 2020

Coronavirus casts a spotlight on risks facing food workers, employers

While many CPG manufacturers have increased pay and improved safety within their facilities, some unions and employees have asked whether it is enough.

By Christopher Doering • April 6, 2020

Grupo Modelo suspends production of Corona beer in Mexico

Despite the shutdown, it is not expected to disrupt supply of the popular import in the U.S. Constellation Brands also makes the alcohol and has distribution rights in America.

By Jessi Devenyns • April 6, 2020

Dairy farmers forced to dump milk because of coronavirus-related closures

Seven of Wisconsin’s largest farm groups are asking USDA to step in and purchase products that would have gone to the foodservice industry under normal circumstances.  

By Jessi Devenyns • April 3, 2020

Alcohol sales spike as consumers stockpile amid COVID-19 pandemic

Year-over-year increases last month were largest for spirits, followed by wine and then beer, flavored malt beverages and cider, according to Nielsen data. 

By Lillianna Byington • April 2, 2020

Unilever prioritizes making popular, larger-sized products during coronavirus

An executive with the CPG giant said it is trying to meet the highest demands, including brands like Knorr, Hellmann's and Lipton, even if that means having some out-of-stock items.

By Christopher Doering • April 2, 2020

Dairy Farmers of America wins bid to buy Dean Foods' assets for $433M

Even after losing its place as the stalking horse bidder, the dairy co-op will acquire 44 of the milk processor's fluid and frozen facilities.

By Lillianna Byington • Updated April 23, 2020