Corporate Operations


  • Clif Bar cereal
    Image attribution tooltip
    Courtesy of Clif Bar

    Food and beverage M&A dips in Q2, study finds

    Despite 84 deals compared to 99 in the same period last year, large cash stockpiles will keep the space “an attractive and intrinsically defensive sector for investments,” according to research and data provider Kroll. 

    By Aug. 12, 2022
  • None
    Image attribution tooltip
    Orientaly via Getty Images

    IFF CFO sees ‘meaningful’ cost increases next year

    The ingredients company is rethinking contracts and plans to have discussions with customers on sharing “the burden” of inflation, Glenn Richter said. 

    By Maura Webber Sadovi • Aug. 11, 2022
  • Trendline

    Better-for-you

    The better-for-you trend has made its way into nearly ever facet of the food and beverage space, with the coronavirus pandemic prompting consumers to pay even more attention to what they put in their bodies. 

    By Food Dive staff
  • pasta, treehouse
    Image attribution tooltip
    Retrieved from TreeHouse Foods.

    TreeHouse to sell large part of meal prep business for $950M

    The sale to Investindustrial, which comes amid strong demand for store-branded offerings, will simplify the private label maker’s business and allow it to focus on higher-growth and -margin foods.

    By Aug. 11, 2022
  • Coca-Cola, Dreamworld, soda
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    Courtesy of Coca-Cola

    Coke to launch Dreamworld cola in latest push to attract younger consumers

    The drink, part of the company’s Creations platform, was introduced to highlight the CPG giant’s signature beverage while allowing consumers to explore “what a dream tastes like.”

    By Aug. 11, 2022
  • Danone, yogurt, oikos
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    Permission granted by Danone

    The secret behind Danone’s ‘very recession resilient’ portfolio

    North American CEO Shane Grant said the company will benefit as consumers prioritize essential foods like its creamers, yogurts and plant-based milks.

    By Aug. 10, 2022
  • Haus, alcohol
    Image attribution tooltip
    Courtesy of Haus

    Aperitif maker Haus to shutter as Constellation reportedly backs out on funding round

    In a tweet, the upstart’s CEO said the three-year-old company is in the process of closing, and without an investor, doesn’t have the cash to support its operations.

    By Aug. 10, 2022
  • All Lightlife products were reformulated to become more clean label by 2021.
    Image attribution tooltip
    Permission granted by Greenleaf Foods

    Maple Leaf cuts plant-based business 25% as demand fails to meet expectations

    The owner of Lightlife and Field Roast brands is “sizing the shoe to fit a new foot” as it aims to make its alternative meat unit profitable, according to its CEO.

    By Aug. 9, 2022
  • Twisted Tea, Boston Beer, Beam Suntory, whiskey
    Image attribution tooltip
    Courtesy of Boston Beer Company

    Boston Beer debuts Sweet Tea Whiskey through partnership with Beam Suntory

    The offering, which will be under the Twisted Tea line, is the third launch in the past year between the two partners after Sauza Agave Cocktails and Truly Flavored Vodka.

    By Aug. 8, 2022
  • Tastewise founders Eyan Gaon and Alon Chen, wearing shirts with their company name, sit on a round bench in an office.
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    Courtesy of Tastewise

    How Tastewise uses artificial intelligence to bridge the gap between consumers and food trends

    The Israeli company’s recent $17 million funding round is helping it expand the social, recipe and restaurant data it looks through to determine what consumers truly want.

    By Aug. 8, 2022
  • Packaging for Kellogg's MorningStar Farms Incogmeato brand.
    Image attribution tooltip
    Courtesy of Kellogg

    MorningStar Farms sales drop 10% on supply disruption

    Kellogg said the brand’s “uncharacteristic” decline was mostly caused by issues at a co-manufacturer and the company is focused on restoring supply.

    By Aug. 5, 2022
  • A large package of Beyond Meat burgers sits in a shopping cart.
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    Courtesy of Beyond Meat

    Beyond Meat cuts outlook and employees as sales and earnings disappoint

    As higher prices and inflation lead consumers to trade down at the grocery store, CEO Ethan Brown said the company is focusing on reducing its operational expenses.

    By Aug. 5, 2022
  • Monster
    Image attribution tooltip
    Justin Sullivan via Getty Images

    Monster to debut first flavored malt beverage alcohol product

    While known for energy drinks, the company entered booze earlier this year with the purchase of Canarchy. It currently has a “robust” pipeline to grow in the category, according to its co-CEO.

    By Aug. 5, 2022
  • A group of people pose with a giant pair of red-handled scissors cutting a blue ribbon in front of Firmenich's new building
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    Courtesy of Firmenich

    Firmenich and IFF open high-tech facilities to speed product development

    The Switzerland-based company’s new plant in California strengthens its U.S. presence, while IFF’s culinary design center in Denmark is part of its Re-Imagine Protein Innovation Program.

    By Aug. 4, 2022
  • A headshot of Motif FoodWorks CEO Michael Leonard
    Image attribution tooltip
    Courtesy of Motif FoodWorks

    Motif FoodWorks names new CEO

    Michael Leonard, the company’s longtime chief technology officer, takes the helm immediately while former leader Jonathan McIntyre transitions to an advisory role.

    By Aug. 4, 2022
  • Nissin Foods ramen
    Image attribution tooltip
    Courtesy of Nissin Foods USA

    Nissin sales jump 22% as premium ramen drives growth

    Offerings such as limited-time flavors and rice-based meals have helped the Top Ramen and Cup Noodles maker maintain momentum.

    By Aug. 4, 2022
  • Molson Coors
    Image attribution tooltip
    Christopher Doering/Food Dive

    What 4 beer companies see in consumer drinking habits amid high inflation

    Despite price increases and a jump in the cost of living, not all alcoholic beverage makers find shoppers switching from premium offerings to cheaper economy brands.

    By Aug. 4, 2022
  • Bag of almond flour
    Image attribution tooltip
    Permission granted by Bob's Red Mill

    Bob’s Red Mill to halt DTC operations

    After selling over the phone, via mail and through its website for years, the flour producer is focusing on wholesale.

    By Caroline Jansen • Aug. 4, 2022
  • McCormick, Kitchen Basics, broths
    Image attribution tooltip
    Retrieved from McCormick & Co..

    Del Monte buys broth and stocks brand Kitchen Basics from McCormick

    The purchase for an undisclosed amount will strengthen the company’s branded portfolio while complementing College Inn, its existing product in the category.

    By Updated Aug. 4, 2022
  • Lifeway Foods
    Image attribution tooltip
    Retrieved from Lifeway Foods.

    Lifeway Foods agreement aims to soothe family feud

    Key shareholders seeking the ouster of CEO Julie Smolyansky have dropped a push to nominate new board members after the kefir maker agreed to a strategic review. 

    By Aug. 2, 2022
  • Just Bare chicken
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    Retrieved from Pilgrim's Pride on August 01, 2022

    Pilgrim’s Pride plans fully cooked chicken plant in Southeast

    The news comes after the company saw a 96% jump in revenues for its prepared offerings in the last quarter.

    By Aug. 1, 2022
  • Five bottles of different Soylent flavors sit on the shelf of a mini-fridge.
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    Courtesy of Soylent

    How Soylent is bringing plant-based meal replacement into the future

    CEO Demir Vangelov says the company, whose successful evolution from a tech product to a nutritional supplement has invited acquisition rumors, doesn’t take itself too seriously.

    By Aug. 1, 2022
  • Nestlé, Nescafé, ice cream, coffee
    Image attribution tooltip
    Courtesy of Nestlé
    Column

    Leftovers: Nescafé debuts in ice cream; Cinnamon Toast Crunch turns up the heat

    The instant coffee brand flavors a new line of bars, and California Olive Ranch spreads out into pasta sauces.

    By July 29, 2022
  • Several packages of Hershey chocolate products, including York, Kit Kat, Reese's and Hershey brand candies.
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    Courtesy of Hershey

    Hershey warns capacity constraints will prevent it from meeting Halloween demand

    The candy and snack giant said it is making “gradual improvement” on production issues that challenge its ramp-up ahead of the busy holiday season.

    By Updated Aug. 2, 2022
  • Harvesting machine approaching with the foreground of golden wheat
    Image attribution tooltip
    jodie777 via Getty Images

    ADM’s profit jumps 74% on higher grain prices and demand

    CEO Juan Luciano said he is optimistic that Russia’s agreement to end its blockade on Ukrainian ports could open up supplies, but warned of the impact to global food markets if it does not follow through.

    By July 28, 2022
  • An assortment of Clif bars.
    Image attribution tooltip
    JacobVanHouten via Getty Images

    Mondelēz confident Clif Bar will lead category comeback

    Consumers’ return to mobility and the snack giant’s massive resources will put the bar maker on track for profitable growth, CEO Dirk Van de Put said.

    By July 28, 2022