Finances and Deals: Page 4


  • Maple Hill Creamery milk on a table
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    Courtesy of Maple Hill Creamery
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    Horizon Family Brands buys Maple Hill Creamery to grow better-for-you portfolio

    The Wallaby yogurt owner is acquiring the grass-fed dairy company as it aims to expand its wellness-focused offerings.

    By Dec. 2, 2025
  • Walmart Plenty vertical farming
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    Courtesy of Walmart
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    Opinion

    Lessons learned from 5 years of food tech investing

    Enough with vertical farming, AI platforms and sugar replacements. Here are the startup pitches actually capturing venture capital’s attention, according to PeakBridge's Yoni Glickman.

    By Yoni Glickman • Dec. 1, 2025
  • Cans of Poppi soda are displayed on a shelf Explore the Trendline
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    Spencer Platt via Getty Images
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    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
  • Chocolate truffles
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    Justin Sullivan via Getty Images
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    Barry Callebaut to use NotCo’s AI for chocolate recipes

    The chocolate maker will use the startup's technology to improve nutritional profiles and unlock new innovation amid volatile commodity prices.

    By Nov. 20, 2025
  • Packages of LesserEvil products.
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    Courtesy of Hershey
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    Hershey closes LesserEvil acquisition as it looks to ‘lead the future of snacking’

    The purchase of the better-for-you puffs and popcorn maker comes as the confectionery giant aims to grow its salty snacks division to 20% of revenue during the next decade.

    By Nov. 19, 2025
  • The outside of a building is seen with the JBS logo
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    Chet Strange via Getty Images
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    JBS venture to buy US egg producer amid efforts to diversify protein business

    Mantiqueira, a Brazil-based supplier co-owned by the meat giant, is acquiring Hickman's Egg Ranch after the farm lost the majority of its flock to bird flu.

    By Nov. 18, 2025
  • Ingredion partnering with Cosaic on a new in yeast-based emulsion that enhances the creaminess and stability of products.
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    Permission granted by Ingredion
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    EXCLUSIVE

    Ingredion taps Cosaic’s yeast-based ingredient amid push to broaden its portfolio

    The Illinois company is partnering with the Swiss startup to scale its innovation that contains a unique mix of stabilizing, emulsifying and texturizing functions.

    By Nov. 13, 2025
  • Boxes of Green Mountain Keurig coffee K-Cup pods displayed on a store shelf. The box lable reads "Keurig Genuine K-Cup Pods Green Mountain Coffee Roasters Cinnamon Sugar Cookie"
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    Michael M. Santiago via Getty Images
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    Keurig Dr Pepper eyes $200M in supply chain savings from spinoff

    The beverage giant is carving out its coffee business, which will focus on sourcing resiliency, manufacturing consolidation and logistics optimization.

    By Phil Neuffer • Nov. 12, 2025
  • Chobani
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    Permission granted by Chobani
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    EXCLUSIVE

    Chobani posts red-hot growth as food rivals languish

    Retail sales have soared nearly 30% during the last year as the Greek yogurt, coffee and creamer manufacturer benefits from demand for clean-label and protein-packed snacks.

    By Nov. 12, 2025
  • TreeHouse Foods
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    Permission granted by TreeHouse Foods
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    TreeHouse Foods to be acquired for $2.9B

    The private label food and beverage maker is being purchased by Investindustrial, a European investment firm. The deal is expected to close in the first quarter of 2026.

    By Nov. 10, 2025
  • Package of Perfect Bar snacks.
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    Courtesy of Mondelēz International
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    Inside Perfect Snacks’ ambitious goal to become Mondelēz’s next $1B brand

    Sales of the refrigerated snack bar have surged 20% during the last year as consumers turn to its healthy and fresh attributes.

    By Nov. 6, 2025
  • A box of Caulipower's frozen pizza.
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    Courtesy of Caulipower
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    Caulipower purchased by private equity firm

    The cauliflower pizza crust maker will be added to Paine Schwartz’s specialty dough portfolio.

    By Nov. 3, 2025
  • Utz chips and pretzels
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    Megan Poinski/Food Dive
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    Utz Brands eyes ‘big opportunity’ in California with acquisition

    The Zapp’s potato chips maker is buying distribution assets to expand its presence in the Golden State, the country's largest salty snack market.

    By Nov. 3, 2025
  • A bag of Justin's hard candies. The brand is owned by Hormel Foods.
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    Courtesy of Hormel Foods
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    Hormel Foods sells majority stake in Justin’s nut butter

    The Spam maker, which will remain a minority owner, is offloading 51% of the brand to Kodiak owner Forward Consumer Partners.

    By Oct. 29, 2025
  • Charlie Sheen sits outside holding an aluminum can next to a suit case full of the cans.
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    Courtesy of Wild AF
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    Sober celebrities pour into nonalcoholic beer

    Actor Charlie Sheen and comedian John Mulaney are the latest stars to introduce booze-free offerings as more Americans become sober-curious.

    By Oct. 23, 2025
  • A bottle and glass of Buffalo Trace are sitting next to each other.
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    Scott Olson via Getty Images
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    Sazerac invests more than $1B in US spirits production

    The Fireball and Buffalo Trace owner plans to build barrel-aging warehouses in Kentucky and improve equipment at its Indiana bottling plant as distilled spirit demand remains strong.

    By Oct. 22, 2025
  • ice cream
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    Courtesy of Unilever
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    Unilever’s Magnum Ice Cream spinoff delayed by US government shutdown

    The CPG giant still expects the divestiture of the unit, which includes Klondike and Ben & Jerry’s, to be completed this year.

    By Oct. 21, 2025
  • Chobani's new Chobani Creations offering.
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    Permission granted by Chobani
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    Chobani raises $650M to support growth, innovation

    The additional capital will support projects including a $1.2 billion plant in New York, the Greek yogurt giant's largest-ever facility investment.

    By Oct. 20, 2025
  • Elanco's global headquarters.
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    Permission granted by Kaylee Versteegh / AgriNovus Indiana
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    Sponsored by AgriNovus Indiana

    Indiana has entered its One Health era and the innovators have already showed up to the party

    Elanco's new Indianapolis global headquarters signals a commitment to innovation and an era of collaboration in a space emerging with opportunity: One Health.

    Oct. 20, 2025
  • A closeup of Ben and Jerry's ice cream pints.
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    Kevin Dietsch via Getty Images
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    The Magnum Ice Cream Company prepares for a ‘new frontier’ after Unilever spin-off

    The Ben and Jerry's owner is set to become the world’s largest frozen novelty maker, benefiting from its diverse portfolio and focus on a single category.

    By Oct. 15, 2025
  • Four stacks of cans of Campbell's soup displayed on a grocery store shelf on June 2, 2025, in Chicago. Cans in the stacks, from left to right, are labeled "Spicy Nacho Cheese," "Chicken with Rice," "Tomato Bisque" and "Spicy Tomato."
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    Scott Olson via Getty Images
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    Campbell’s taps Hershey finance vet for CFO chair

    In a client note, J.P. Morgan said this is “the most active year since 2022” for CFO changes in the food industry. 

    By Alexei Alexis • Oct. 9, 2025
  • A bunch of Ferrero Rocher chocolate hazelnut candies in a display.
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    Lillianna Byington/Food Dive
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    Inside Ferrero’s push to become America’s next packaged food giant

    Fresh off its acquisition of WK Kellogg, the sweets maker is investing over $100 million in marketing during the Super Bowl and World Cup to show it’s more than just Nutella and Ferrero Rocher.

    By Oct. 9, 2025
  • Mini bottles of Fireball are displayed on a shelf.
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    David Becker/Getty Images for Nightclub & Bar Media Group via Getty Images
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    Fireball owner builds out vodka portfolio with purchase of Western Son

    The Texas-based vodka and gin brand will give Sazerac expanded production capacity.

    By Oct. 6, 2025
  • Danone's newly launch Remix products.
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    Courtesy of Danone
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    Danone to pause litigation as part of truce with Lifeway Foods

    The agreement, which also includes a board refresh, comes two weeks after the dairy giant abandoned plans to acquire the kefir maker.

    By Oct. 1, 2025
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    zigres/Adobe Stock

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    Sponsored by Shopkick

    Holiday shopping insights: How consumers plan to spend, save and celebrate

    Shopkick surveyed more than 8,000 shoppers to understand their holiday shopping plans. Check out the insights now!

    Sept. 29, 2025
  • SlimFast
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    Courtesy of SlimFast
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    Splenda owner buys SlimFast for undisclosed amount

    The purchase by Heartland Food Products comes as sales for the weight loss brand have plummeted, with more consumers turning to GLP-1 medications.

    By Sept. 18, 2025