Finances and Deals: Page 6
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Column
The Weekly Sip: Monster’s bet on alcohol stumbles | Sparkling Ice maker pops into prebiotic soda
In other beverage news, seltzer brand Waterloo debuts new fruity flavors to welcome the start of spring.
By Chris Casey • March 6, 2025 -
General Mills shuts down innovation unit, pauses venture investments
The Cheerios maker said the changes are part of a broader shift in how the Minnesota company pursues new growth.
By Christopher Doering • March 5, 2025 -
Food and beverage giants prioritizing small-scale M&A for a foothold in trendy areas
Kraft Heinz, Hershey and Molson Coors are among the firms looking for deals to boost sales and get them more exposure in fast-growing categories.
By Christopher Doering • March 5, 2025 -
Celsius names PepsiCo executive to newly created COO role
Eric Hanson, who has nearly three decades of experience in the food and beverage industry, will be responsible for accelerating the energy drink giant’s growth and expansion efforts.
By Christopher Doering • March 3, 2025 -
Spindrift splashes into soda to capitalize on the better-for-you craze
The seltzer maker aims to stand out in the trendy category with fresh juice-infused drinks, eschewing the gut-health approach of rivals.
By Chris Casey • Feb. 26, 2025 -
Threat of Trump’s tariffs force food and beverage giants to prepare
Mondelēz, Conagra and Diageo are among the CPG manufacturers positioning their businesses ahead of potential taxes on Mexico and Canada imports.
By Christopher Doering • Feb. 24, 2025 -
Celsius buys energy drink rival Alani Nu for $1.8B
The purchase allows Celsius to add a fast-growing beverage popular with young women while better positioning it to compete against rivals Red Bull and Monster.
By Christopher Doering • Feb. 20, 2025 -
Heineken, Molson Coors tout premium and nonalcoholic brews as beer struggles
Traditional giants are prioritizing pricier craft brands to secure growth in the flailing category.
By Chris Casey • Feb. 19, 2025 -
Retrieved from Solina on February 13, 2025
French ingredients supplier Solina expands further into US with seasoning acquisitions
The company wants to become a “one-stop shop” for dry and liquid flavors following the purchase of Sokol Custom Food Ingredients and Advanced Food Systems.
By Sarah Zimmerman • Feb. 13, 2025 -
Olipop valued at nearly $2B following latest funding round
The prebiotic soda offering is the top non-alcoholic brand in the U.S. by dollar sales and unit growth, according to the company.
By Christopher Doering • Feb. 12, 2025 -
Wonder bread owner Flowers Foods positioned to weather GLP-1 uncertainty, CEO says
Ryals McMullian noted consumers are moving away from traditional white and wheat bread into organic, keto, gluten-free and premium areas.
By Christopher Doering • Feb. 12, 2025 -
JBS spends $200M to expand US beef production
The investment by the Brazil-based meat giant comes as it prepares for a rebound in the cattle supply after a period of contraction.
By Chris Casey • Feb. 10, 2025 -
Ball buys Florida can maker, plans Oregon plant
The packaging company is gaining a Southeast facility through a $160 million deal and will build a plant in the Pacific Northwest to better align with customer needs.
By Maria Rachal • Feb. 7, 2025 -
Guinness owner Diageo says it could lose $200M in profits from tariffs
The company is warning investors of the potential impact — if tariffs take effect next month — on the spirits business’ bottom line.
By Chris Casey • Feb. 5, 2025 -
PepsiCo to focus on value, healthier offerings amid slump in snacks
CEO Ramon Laguarta said the Doritos maker hasn’t seen a “direct impact” from GLP-1 medications despite higher consumer interest in health and wellness.
By Christopher Doering • Feb. 5, 2025 -
Heinz teams with hip-hop hitmaker Mustard for new product, campaign
The marketer launched the culturally minded — and perhaps overdue — campaign with a spot that aired during the Grammy Awards.
By Chris Kelly • Feb. 4, 2025 -
Mexican beer, Kentucky bourbon: Alcohol caught in the crosshairs of Trump tariff threats
A brewing North American trade war could raise prices of iconic brands like Modelo and Don Julio.
By Chris Casey • Feb. 4, 2025 -
JM Smucker to divest some sweets brands for $40M as it focuses on Hostess
The sale of the Cloverhill and Big Texas brands, as well as certain private-label products, also will help cut costs and reduce complexity across its manufacturing network.
By Christopher Doering • Feb. 3, 2025 -
Slice Soda returns to shelves as healthier offering
The beverage, once owned by PepsiCo, is tapping into consumer interest in nostalgia and better-for-you products made with real ingredients, probiotics and low amounts of sugar.
By Christopher Doering • Jan. 28, 2025 -
Ferrero buys protein snack company Power Crunch
The purchase expands the Nutella maker's presence in the better-for-you category while increasing its U.S. footprint.
By Christopher Doering • Jan. 24, 2025 -
Q&A
Inside the evolution of Danone’s Stōk
The fast-growing beverage has expanded into a cappuccino-inspired cold brew, seasonal flavors and energy, bringing new usage occasions and consumers to the brand.
By Christopher Doering • Jan. 22, 2025 -
Private label sales hit record $271B in 2024
All 10 food and nonedible departments tracked by Circana showed store brand dollar growth over 2023, a new report found.
By Catherine Douglas Moran • Jan. 21, 2025 -
Molson Coors refuses bid by Leinenkugel’s family to buy back plant
The Coors Light producer said it plans to use the Chippewa Falls, Wisconsin, facility as a pilot brewery.
By Chris Casey • Jan. 21, 2025 -
Sponsored by RRD
The changing habits of value-driven shoppers
Discover how inflation is reshaping shopper habits and what brands can do to stay relevant in 2025.
By April Masters, Senior Content Marketing Manager, RRD • Jan. 21, 2025 -
Spindrift names former Boston Beer head as CEO, sells majority stake to PE firm
The 15-year-old brand has become popular with consumers who are lowering their sugar intake while prioritizing recognizable ingredients — all without sacrificing a fizzy mouthfeel.
By Christopher Doering • Jan. 16, 2025