Finances and Deals


  • cheerios general mills
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    Courtesy of General Mills
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    General Mills’ CEO says M&A not a priority in challenging environment

    Jeff Harmening said there is a “high bar” for acquisitions, but the food maker could consider additional divestitures.

    By Sept. 10, 2026
  • Three cans of flavored sparkling water.
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    Retrieved from Ferrarelle on September 08, 2026
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    Arizona Beverages inks deal to bring Italian sparkling water to US

    The deal includes an exclusive line of flavored sparkling waters catered to the U.S. market.

    By Sept. 8, 2026
  • 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
  • Cans of Campbell's Soup cans in New York City.
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    Christopher Doering/Food Dive
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    Campbell’s slashes 13% of salaried workforce as part of $500M cost-cutting plan

    The soup maker will also close two snack plants and cut its dividend as CEO Mick Beekhuizen said the company needs to take “decisive action.”

    By Sept. 3, 2026
  • Tostitos guacamole dip
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    Permission granted by PepsiCo
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    PepsiCo puts fresh foods in focus as consumers move away from processed snacks

    The CPG giant is taking aim at the fast-growing $271 billion store perimeter with healthier fare such as guacamole, hummus and gazpacho.

    By Sept. 3, 2026
  • Signage is seen at a Nestle facility June 19, 2006 in Franklin Park, Illinois.
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    Tim Boyle via Getty Images
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    Nestlé reaches $1B deal to sell 7 vitamin, mineral and supplement brands

    The company said the divestiture of mainstream offerings, including Nature’s Bounty and Ester-C, will allow it to prioritize businesses with the “strongest competitive advantage.”

    By Sept. 1, 2026
  • Chobani
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    Permission granted by Chobani
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    Chobani to spend $1.2B to buy and invest in Pennsylvania plant

    The Greek yogurt maker is buying the facility from Keurig Dr Pepper, which it will convert into a “major new hub” for growth.

    By Sept. 1, 2026
  • Single containers of Chobani Zero Sugar are on a store shelf.
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    Eugene Gologursky/Getty Images for Chobani via Getty Images
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    Keurig Dr Pepper sells equity stake back to Chobani for $800M

    The soda and coffeemaker said the transactions will help reduce debt as it prepares to split the company in early 2027.

    By Sept. 1, 2026
  • Grenade protein bars.
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    Courtesy of Mondelēz International
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    Mondelēz brings UK protein bar Grenade to the US

    The Clif and Perfect Bar owner is doubling down on its domestic bar portfolio to leverage growing consumer demand for protein and portability.

    By Aug. 25, 2026
  • Cans of Green Giant vegetables.
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    Courtesy of B&G Foods
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    B&G Foods’ Green Giant sale runs into antitrust concerns in Canada

    The sale of two vegetable brands to Nortera Foods could lead to higher prices and fewer choices for consumers, the country’s Competition Bureau claimed.

    By Aug. 20, 2026
  • A woman shops for chicken at a grocery store in April 2020.
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    Drew Angerer via Getty Images
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    JBS makes bid for remainder of Pilgrim’s Pride

    The Brazil-based beef giant submitted a fresh bid for full control the chicken producer in a deal that could run into antitrust concerns. 

    By Aug. 19, 2026
  • A variety pack of Au Vodka sits poolside.
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    Retrieved from Au Vodka on August 18, 2026
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    Sazerac buys UK-based canned cocktail brand Au Vodka

    The acquisition broadens the BuzzBallz owner's RTD portfolio while opening the door for U.S. expansion.

    By Aug. 18, 2026
  • Tops of tabbed cans
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    Getty Images
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    Ardagh considers sale of metal beverage can business

    The company’s beverage can sales and global volumes were down 1% year over year in its most recent quarter. 

    By Maria Rachal • Aug. 18, 2026
  • A product shot of multiple items from Purely Elizabeth.
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    Courtesy of Ferrero Group
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    Ferrero to buy better-for-you breakfast brand Purely Elizabeth

    The deal builds on the Luxembourg-based food giant's $3.1 billion acquisition of cereal maker WK Kellogg in 2025.

    By Aug. 14, 2026
  • Ortega brand refresh
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    Courtesy of Ortega
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    B&G Foods replaces CEO after 5 years

    The Ortega and Crisco owner has named Tractor Supply executive Robert Mills to replace Casey Keller.

    By Updated Aug. 10, 2026
  • McCormick spices are displayed
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    Justin Sullivan via Getty Images
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    The biggest food M&A deals of 2026 so far

    Companies focused on clean-label ingredients and high-protein made up the bulk of acquisition activity as big brands strategically capitalize on new trends.

    By Aug. 5, 2026
  • Sargento headquarters
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    Courtesy of Sargento Foods
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    Sargento buys dips and spreads maker La Terra Fina

    The deal brings the cheesemaker into the deli section and reflects its ambitions to grow in snacks and mealtime occasions.

    By Aug. 3, 2026
  • A bag of Jelly Belly candy on a pink background surrounding by whole fruit.
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    Courtesy of Jelly Belly
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    ‘Bean Appétit’: How Jelly Belly is positioning itself as a luxury candy

    Ferrara is framing the jelly bean as an alternative to high-end chocolate, which has become a thriving category as consumers flock to premium offerings.

    By July 29, 2026
  • Cans of Hormel chili
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    Christopher Doering/Food Dive
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    Spam maker Hormel Foods elevates insider to CEO

    CPG veteran John Ghingo will assume the top role on Oct. 26, telling Food Dive he has plans to “accelerate” investments in critical areas such as data and artificial intelligence.

    By July 28, 2026
  • An Old Forester sign hangs above a distillery.
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    Stock via Getty Images
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    Brown-Forman rejects Sazerac takeover bid

    The Jack Daniel's owner said the proposal wasn’t “actionable” months after declining a separate offer from Pernod Ricard.

    By July 27, 2026
  • Bottles of S. Pellegrino are lined up on display.
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    Mark Sagliocco/Getty Images for NYCWFF via Getty Images
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    Nestlé to sell half of waters business in $3.4B deal

    The transaction creates a newly independent company called Peranel, which will house brands such as S.Pellegrino and Source Perrier.

    By July 24, 2026
  • McCormick spices are displayed
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    Justin Sullivan via Getty Images
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    McCormick outlines operating structure ahead of Unilever combination

    The spice giant disclosed its new executive team after its $44 billion acquisition made some investors "squeamish," according to one analyst.

    By July 23, 2026
  • Specialty natural ingredients
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    Courtesy of SuanNutra
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    IFF sells natural ingredients business

    Nutraceutical firm SuanNutra is acquiring the fragrance and flavor giant’s range of natural colors and functional ingredients.

    By July 22, 2026
  • Bags of Utz potato chips at a Washington, D.C., store
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    Christopher Doering/Food Dive
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    Snacks maker Utz Brands sold for $2.9B in go-private deal

    Germany-based Intersnack will purchase the chip maker for $14.25 a share, with the transaction expected to close in the fourth quarter.

    By July 21, 2026
  • Kraft Heinz and Disney partnership
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    Courtesy of Kraft Heinz
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    Kraft Heinz, Disney enter long-term strategic marketing partnership

    The partnership spans marketing campaigns, digital content and other branded opportunities across Disney’s media outlets, cruise line, parks and events.

    By Chris Kelly • July 21, 2026
  • A Spangler Candy Company display at a trade show
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    Christopher Doering/Food Dive
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    How Dum Dums owner Spangler created a candy empire built on nostalgia

    The sweets maker has carved out an enviable niche in the $55 billion candy space with a unique collection of brands with storied histories, such as Sweethearts and Bit-O-Honey.

    By July 20, 2026