Finances and Deals: Page 2


  • Hellmann's flavored mayo offerings sold in the US by Unilever.
    Image attribution tooltip
    Permission granted by Unilever
    Image attribution tooltip

    Unilever in talks to sell food business to McCormick

    The deal would be the largest in the flavor giant’s history and create a condiment portfolio that includes Frank’s RedHot and Hellmann’s.

    By March 20, 2026
  • A look at greens at one of Bowery Farming's indoor farms.
    Image attribution tooltip
    Courtesy of Bowery Farming
    Image attribution tooltip

    After funding collapse, what’s next for food startups?

    Despite changes in the investment landscape, startups remain “critical” for big food companies to remain competitive, according to Cargill and PepsiCo.

    By March 20, 2026
  • Cans of Poppi soda are displayed on a shelf Explore the Trendline
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip
    Trendline

    Inside the functional beverage frenzy

    Major companies like PepsiCo and Monster are adding ingredients to boost emotional or physical wellness as consumers demand more out of their drinks.

    By Food Dive staff
  • A box of Hershey bars sits in a store.
    Image attribution tooltip
    Justin Sullivan / Staff via Getty Images
    Image attribution tooltip

    Hershey combines salty, sweets units to accelerate growth

    The Reese’s maker also announced several leadership changes, including expanding the oversight of sweets head Andrew Archambault to include the full U.S. portfolio.

    By March 19, 2026
  • Boxes of cereal at a grocery store.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    General Mills to sell Brazil business for $153M as it sharpens focus

    The divestiture marks the latest move by the Cheerios maker to improve margins and reposition its business for growth amid a challenging environment.

    By March 18, 2026
  • A peptide (in green) being captured by OppA (in orange), a protein taxi of Lactococcus lactis, responsible for transporting it into the bacterium where it is broken down into the essential amino acids the bacteria needs to survive and thrive in the gut.
    Image attribution tooltip
    Courtesy of Shiru
    Image attribution tooltip
    EXCLUSIVE

    Ingredion leverages AI to advance ingredient discovery

    New partnerships with Shiru and Holobiome reflect how the supplier is working to accelerate innovations that support gut health or provide other benefits.

    By Updated March 18, 2026
  • A box of La Tiara taco shells sits displayed on a round table.
    Image attribution tooltip
    Courtesy of General Mills
    Image attribution tooltip

    General Mills revives taco shell maker La Tiara

    The food manufacturer is bringing back and expanding the regional brand, which disappeared from shelves after its previous owner went out of business.

    By March 17, 2026
  • Cans in Celsius Holdings' portfolio.
    Image attribution tooltip
    Courtesy of Celsius Holdings
    Image attribution tooltip

    An ‘everyday choice’: Celsius surges as energy drinks become ‘mainstream’

    CEO John Fieldly said more consumers are turning to the beverages as a companion to meals, an alcohol alternative and even when taking GLP-1s.

    By March 16, 2026
  • French fries
    Image attribution tooltip
    Lauren DeCicca via Getty Images
    Image attribution tooltip

    French fry maker Lamb Weston urged to double cost cuts by activist investor

    Starboard says the company needs to do more to “catch up” to its peers, such as Tyson and Hormel.

    By March 10, 2026
  • My/Mochi Ice Cream
    Image attribution tooltip
    Courtesy of Morinaga & Co
    Image attribution tooltip

    Hi-Chew owner to buy My/Mochi ice cream

    The deal enables Tokyo-based Morinaga to expand its presence in U.S. snacking through the fast-growing frozen treats category.

    By March 9, 2026
  • Cans of BrewDog beer
    Image attribution tooltip
    Jeff J Mitchell via Getty Images
    Image attribution tooltip

    Shock Top owner Tilray buys craft brewer BrewDog for $44M

    The purchase of the struggling UK beer brand is set to grow the alcohol and cannabis company’s global beverage revenue to $500 million annually.

    By March 4, 2026
  • Chips ahoy, cookies, mondelez
    Image attribution tooltip
    Christopher Doering/Food Dive
    Image attribution tooltip

    Mondelēz CEO says M&A is harder as acquisition targets become ‘too expensive’

    The Oreo maker's top executive said high valuations mean "it's not really worth" making deals unless a brand can offer a "unique competitive advantage."

    By March 3, 2026
  • B&G, Green Giant, frozen
    Image attribution tooltip
    Courtesy of B&G Foods
    Image attribution tooltip

    B&G Foods sells Green Giant frozen line

    The deal with Seneca Foods will bring the brand's canned and frozen businesses back under one roof.

    By March 2, 2026
  • Man at a check out in a retail store
    Image attribution tooltip
    Permission granted by Recess Digital
    Image attribution tooltip
    Sponsored by Recess

    The measurement gap: 4 costly myths hindering experiential and sampling ROI

    Each year, food brands pour small fortunes into experiential marketing programs that leadership can’t confidently defend.

    Feb. 23, 2026
  • Nestlé logo is seen on a building
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Nestlé to sell off remainder of ice cream business

    CEO Philipp Navratil called the segment "a distraction" as the company looks to slim down its portfolio and focus on its biggest brand opportunities.

    By Feb. 20, 2026
  • A person grabs a frozen Jennie-O turkey
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    Hormel to sell off Thanksgiving turkey assets

    The Jennie-O owner is divesting its whole bird business to Life-Science Innovations as it focuses more on deli meat and value-added products.

    By Feb. 19, 2026
  • A can of Carlsberg beer.
    Image attribution tooltip
    The image by Hernán Piñera is licensed under CC BY-SA 2.0
    Image attribution tooltip

    Craft brewer Tilray inks licensing agreement for Carlsberg beer in the US

    The Shock Top's owner is leaning into premium and imported brews, with its CEO saying beer “is here to stay.”

    By Feb. 19, 2026
  • Flowers Foods is closing a Louisiana bun plant.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Wonder bread maker taking ‘comprehensive review’ of business amid slump

    Flowers Foods’ executives said the multiyear assessment could include plant closures or the sale of some brands.

    By Feb. 13, 2026
  • A product display of Bachan's multiple barbeque sauce flavors.
    Image attribution tooltip
    Courtesy of The Marzetti Copmany
    Image attribution tooltip

    Marzetti buys Japanese barbecue sauce brand for $400M

    The purchase of Bachan’s expands the dip and dressing maker’s presence in the sauces and taps into better-for-you and global flavor consumer trends.

    By Feb. 10, 2026
  • Orange juice in bottles on a production line.
    Image attribution tooltip
    Retrieved from Refresco on February 09, 2026
    Image attribution tooltip

    Plant-based food maker SunOpta sold for $1.1B

    Dutch beverage giant Refresco is buying the producer as it expands into the better-for-you category.

    By Feb. 9, 2026
  • Hershey buys LesserEvil snacks.
    Image attribution tooltip
    Retrieved from LesserEvil.
    Image attribution tooltip

    Behind Hershey’s ‘big bet’ on salty snacks

    The Reese’s maker is building a formidable portfolio centered on pretzels, popcorn and other offerings that touch on the latest consumer trends.

    By Feb. 9, 2026
  • Boxes of Kellogg's Special K cereal are displayed on shelves
    Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip

    Ferrero names insider to head WK Kellogg after $3.1B purchase

    Jean-Baptiste Santoul vowed to accelerate growth, calling it “a pivotal time” for the Froot Loops maker and the future of cereal in North America.

    By Feb. 3, 2026
  • A tabasco hot sauce bottle is pictured next to Stoli's Halapeno Pepper Vodka.
    Image attribution tooltip
    Retrieved from Court Filing.
    Image attribution tooltip

    Tabasco maker sues Stoli over spicy vodka launch

    The hot sauce maker claims the alcohol company’s Halapeño Pepper flavor uses packaging proposed in preliminary discussions for a potential partnership.

    By Updated Feb. 4, 2026
  • Hain Celestial's snacks
    Image attribution tooltip
    Courtesy of Hain Celestial
    Image attribution tooltip

    Hain Celestial sells North American snacks business for $115M

    The sale of Garden Veggie Snacks, Terra chips and Garden of Eatin' will allow the company to pay down debt and sharpen its focus on tea, yogurt and home meals.

    By Feb. 2, 2026
  • A man with a shopping cart stands in front of the sweets display case in a supermarket
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    The food and beverage outlook for 2026

    The most successful CPG brands are redefining what it means to provide value to win back consumers.

    By Jan. 30, 2026
  • The ADM logo is seen on the company's headquarters building.
    Image attribution tooltip
    Courtesy of ADM
    Image attribution tooltip

    ADM to pay $40M to settle SEC accounting fraud probe

    The agency also sued the ingredient maker’s former CFO, claiming he inflated the performance of the company’s key nutrition business segment.

    By Maura Webber Sadovi • Jan. 30, 2026