Cereal giant Post Holdings moves deeper into pet food with $235M acquisition

The purchase of Perfection Pet Foods gives the CPG giant, which entered the animal category for the first time in April, exposure to private-label and co-manufactured products.

By Christopher Doering • Oct. 10, 2023

Coca-Cola to sharply cut distribution of Aha sparkling water as sales decline

The company told Food Dive it sees growth potential in the category with its premium brand Topo Chico.

By Chris Casey • Oct. 9, 2023

Nestlé nutritional insight could soon benefit its iconic food brands

A top executive overseeing its vitamins, minerals and supplements segment said there are opportunities to “complement” other parts of the CPG giant’s $103 billion global business.

By Christopher Doering • Oct. 5, 2023

Molson Coors looks to premium alcohol in pursuit of aggressive sales growth

The beverage giant, which has expanded its portfolio to include whiskey and ready-to-drink tea, is aiming to get one third of its revenue from upscale offerings.

By Chris Casey • Oct. 4, 2023

Tyson lays off poultry workers in North Carolina

The meat giant is cutting jobs as the industry navigates through a backdrop of volatile prices, inflation and waning demand from high interest rates.

By Nathan Owens • Oct. 4, 2023

WK Kellogg Co CEO says new company sees ‘future beyond cereal’

The newly spun off business, which includes Froot Loops and Rice Krispies, plans to expand into other categories, but will first focus on beefing up its cereal operations.

By Chris Casey • Oct. 4, 2023

Kellogg embarks on new future, finalizing split into two businesses

Sixteen months after the separation was announced, the snacking and North American cereal businesses — Kellanova and WK Kellogg Co — are trading separately on the New York Stock Exchange.

By Chris Casey • Oct. 2, 2023

GPC secures another speciality flour milling facility in an effort to expand plant-based reach

To cater to sustainability-conscious consumers, the company will initially use the facility as an extension to its soy and chickpea milling operations in Grinnell, Iowa.

By Elizabeth Flood • Sept. 28, 2023

From a small Chicago storefront to a CPG contender, a Q&A with Wow Bao’s CEO

Geoff Alexander, a restaurant industry veteran, started as a fry cook at his local university watering hole and now is a bao CPG giant. He spoke to Food Dive about his nontraditional path.

By Judy McGuire • Sept. 28, 2023

JM Smucker to sell Sahale Snacks to Brownie Brittle owner for $34M

The deal with Second Nature Brands comes just two weeks after the jam and peanut butter company announced plans to buy Twinkies manufacturer Hostess Brands for $5.6 billion.

By Christopher Doering • Sept. 28, 2023

Talking hot honey, scale and how to create a buzz with Mike Kurtz, founder of Mike’s Hot Honey

The sweet-heat trend has been around for ages. But this unique product, at first paired with pizza, developed a brand new food category and helped create the swicy category.

By Judy McGuire • Sept. 27, 2023

From a high school project to taking on Dippin’ Dots: How Mini Melts is heating up ice cream

Sales are growing 35% annually and within striking distance of $100 million in the next 18 months as the brand enters new stores and regions, its CEO said in an interview.

By Christopher Doering • Sept. 25, 2023

Meati Foods reduces staff by 10% as it focuses on profitability

The fermented meat company said the layoffs were not a result of the demand it has seen for its products.

By Elizabeth Flood • Sept. 22, 2023

Slumping demand forces 2 California plant-based startups to close

Hooray Foods and Nowadays join a growing list of companies in the category that have gone out of business or scaled back their growth plans.

By Elizabeth Flood • Sept. 21, 2023

Why Bettering saw an opening for luxury edibles

The company, which recently launched in Illinois, says its gummies contain minimal ingredients such as brewed tea and real fruits that prioritize a more consistent infusion of THC into the products.

By Chris Casey • Sept. 20, 2023

Food tech venture capital deal sizes decline for the first time in seven years

Despite the drop, the number of investments increased to 268 in the second quarter as activity rebounded following the collapse of Silicon Valley Bank in March, according to a PitchBook report.

By Elizabeth Flood • Sept. 19, 2023

Goodles refreshes leadership as it brings in $13M in Series A funding

The food brand known for its “better-for-you” boxed mac and cheese named a new CFO, chief marketing officer and senior vice president of sales.

By Howard Ruben • Sept. 19, 2023

How Chamberlain Coffee aims for broad appeal while catering to Gen Z

The viral brand, launched online in 2020 by YouTube star Emma Chamberlain, has expanded into retail while touting attributes popular across generations, such as accessibility and sustainability.

By Chris Casey • Sept. 18, 2023

Mondelēz quietly winds down brands it created in its SnackFutures VC arm

The snacking giant said it no longer sells Dirt Kitchen and CaPao, with the venture capital division shifting its focus to investing in already established startups.

By Christopher Doering • Sept. 18, 2023

Bacardi buys Ilegal to capture premium mezcal market

The liquor giant’s acquisition of the beverage brand comes amid growing interest in premium agave-based spirits.

By Chris Casey • Sept. 14, 2023

Upside Foods announces first large-scale production plant: Rubicon

The cultivated meat maker selected the Chicago metro area as home for its next phase of growth.

By Elizabeth Flood • Sept. 14, 2023

Molson Coors boosts its investment in Zoa Energy

The two companies partnered in 2021 following the launch of Dwayne “the Rock” Johnson’s co-founded energy drink brand.

By Chris Casey • Sept. 12, 2023

JM Smucker to buy Twinkies manufacturer Hostess Brands for $5.6B

The purchase will deepen the jam and peanut butter maker’s presence in growing categories and consumer occasions focused on convenience. 

By Christopher Doering • Sept. 11, 2023

Eat Just’s Good Meat division fails to pay $30M worth of invoices

While it’s unknown why the cultivated meat company did not make the payments as ABEC claims, a source said the two sides are working to reach a settlement. 

By Elizabeth Flood • Sept. 8, 2023

Leftovers: Gordon Ramsay debuts frozen meals | Banza brings chickpeas to breakfast

The celebrity chef is entering the freezer aisle with premium entrees, and Nestlé embraces nostalgia with a PB&J-flavored Coffee mate creamer.

By Food Dive staff • Sept. 8, 2023