Finances and Deals: Page 37
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Anheuser-Busch to distribute vitamin D-loaded ShineWater
The beer giant will use its own network to expand the functional drink's availability as consumers latch onto products that do more than provide sustenance or refreshment.
By Christopher Doering • Sept. 27, 2021 -
HumanCo gets $35M and buys gluten-free pizza maker Against the Grain
The better-for-you holding company's latest funding round is full of notable investors ranging from Indra Nooyi to Cindy Crawford.
By Megan Poinski • Sept. 22, 2021 -
Explore the Trendline➔
Spencer Platt via Getty Images
TrendlineInside 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 -
Retrieved from Kraft Heinz.
Justice Department requires Polly-O and Athenos divestitures after Kraft Heinz-Lactalis deal
Both sales were in process, but the federal government filed a lawsuit ordering them to happen, saying action is necessary to avoid monopolies.
By Christopher Doering • Updated Nov. 11, 2021 -
Banza partners with Beyond Meat, Follow Your Heart on pizzas
The fast-growing maker of foods from chickpeas moved into pizza last fall after previously adding rice to complement its line of pasta.
By Jessi Devenyns • Sept. 21, 2021 -
DSM acquires dairy flavoring maker First Choice Ingredients for $453M
The manufacturer uses fermentation and enzymatic modification to create hundreds of clean-label ingredients for both traditional and plant-based applications.
By Jessi Devenyns • Sept. 9, 2021 -
Kraft Heinz paying $62M to settle SEC investigation over its accounting
The agency said the CPG giant engaged "in a long-running expense management scheme" that resulted in the restatement of several years of financial reporting. The company did not admit to or deny the findings.
By Christopher Doering , Megan Poinski • Updated Sept. 3, 2021 -
Kellogg's VC arm doubles down on duckweed in $21.5M funding round
For the second time in a little over a year, Eighteen94 Capital has invested in Plantible, a startup that is developing a protein from the aquatic plant said to be indistinguishable from animal protein.
By Jessi Devenyns • Sept. 2, 2021
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