Corporate
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Nutriati plant-based ingredients company receives $12.7M from private equity
In a gluten-free market with fierce competition, two private equity firms are betting on Artesa flour to become a preferred brand.
By Jessi Devenyns • Dec. 12, 2019 -
McCormick and Blue Pacific partner to launch better tasting powdered drinks
The FlavorCell technology offers non-GMO, natural flavors that can extend shelf life and be used in beverages, confectionery and bakery products.
By Jessi Devenyns • Dec. 12, 2019 -
FDA sends warning letter after listeria found in a Friendly's ice cream factory
No illnesses or contaminated products have been reported, but inspectors found the same bacteria strain in the facility owned by Dean Foods in 2017.
By Lillianna Byington • Dec. 12, 2019 -
Nestlé sells US ice cream business to joint venture in $4B deal
The brands, which include Edy's, Haagen-Dazs and Drumstick, will be purchased by Froneri, an ice cream-focused entity the company created in 2016.
By Christopher Doering • Dec. 11, 2019 -
Perfect Day closes $140M funding round
Having raised more than $200 million total, the animal-free dairy protein startup plans to announce commercial partnerships for its products early in 2020.
By Megan Poinski • Dec. 11, 2019 -
PepsiCo CMO leaves amid beverage giant's marketing resurgence
Roberto Rios departs for Schwan's Company at a time when larger investments in media and advertising are bolstering the snack and soft drink maker's bottom line.
By Peter Adams • Dec. 10, 2019 -
Nestlé looks to functionality and caffeine to refresh its water business
As sales in the category struggle, the Swiss company will introduce two new lines of the bottled beverage in 2020, Poland Spring energy water and Nestlé Pure Life Plus.
By Jessi Devenyns • Dec. 10, 2019 -
Storytelling is the top product trend for 2020, Innova says
The market research firm found companies that establish dialogues with their consumers are the most likely to connect and forge long-term loyalty.
By Jessi Devenyns • Dec. 10, 2019 -
Canopy Growth taps Constellation Brands' David Klein as CEO
Mark Zekulin, who became the sole chief executive of the cannabis company when Bruce Linton was fired from his position earlier this year, will be stepping down this month.
By Lillianna Byington • Dec. 09, 2019 -
Dive Awards
Startup of the Year: Ceria Brewing Co.
After launching last year, the fast-growing company has unveiled a lucrative THC-infused craft beer, expanded distribution and debuted a trendy non-infused nonalcoholic ale.
By Lillianna Byington • Dec. 09, 2019 -
Dive Awards
Deal of the Year: Ferrero buys Kellogg's cookie brands
The $1.3 billion deal brings Keebler and Famous Amos to the maker of Nutella and Ferrero Rocher's portfolio, while the cereal CPG giant can focus on its core business.
By Lillianna Byington • Dec. 09, 2019 -
Dive Awards
Executive of the Year: James Quincey, Coca-Cola
Since he became CEO in May 2017, Quincey has added coffee, sports drinks and sparkling water to its portfolio while innovating some of its key brands such as Diet Coke.
By Christopher Doering • Dec. 09, 2019 -
Dive Awards
Company of the Year: Chobani
During the last year, the yogurt giant has accelerated innovation beyond its signature Greek variety, expanding into offerings made with plants, oats and nut butters.
By Christopher Doering • Dec. 09, 2019 -
Dive Awards
The Food Dive Awards for 2019
From Chobani's innovation in yogurt to Beyond Meat's plant-based disruption, these are the companies and executives that shaped the food industry this year.
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Dive Awards
Disruptor of the Year: Beyond Meat
The company made 2019 the year of the plant-based burger with products appearing in grocery stores and restaurants nationwide and one of the year's hottest IPOs, which turned the eyes of many toward the segment.
By Megan Poinski • Dec. 09, 2019 -
White Claw, Impossible Foods and Kind Snacks are among 2019's fastest growing brands
The food and beverage industry dominated Morning Consult's annual rankings, with 11 of the top 20 spots going to CPG brands and delivery services.
By Lillianna Byington • Dec. 05, 2019 -
Barry Callebaut sourcing more than half of its ingredients sustainably
Antoine de Saint-Affrique, CEO of the chocolate leader, said the company is "well on track" to have 100% produced this way by 2025.
By Jessi Devenyns • Dec. 05, 2019 -
Nestlé brings plant-based meat to iconic brands
After launching its first beef-like offering under its Sweet Earth banner in October, the food giant is introducing DiGiorno Rising Crust Meatless Supreme and Stouffer's Meatless Lasagna.
By Christopher Doering • Dec. 04, 2019 -
Constellation tosses Ballast Point to a Chicago-based craft brewer
In announcing the sale to Kings & Convicts Brewing Co., the alcohol giant's CEO Bill Newlands said trends have changed dramatically since the company bought the brand for $1 billion in 2015.
By Megan Poinski • Dec. 04, 2019 -
Former Bumble Bee CEO convicted of tuna price-fixing scheme
Chris Lischewski faces up to 10 years in prison and a $1 million fine for the guilty verdict after a four-week trial in San Francisco.
By Lillianna Byington • Dec. 04, 2019 -
Noosa boosts protein content with launch of HiLo yogurt
The new brand, which features 12 grams of the essential nutrient and 12 grams of sugar per cup, is aimed at more health-conscious consumers.
By Jessi Devenyns • Dec. 03, 2019 -
PepsiCo buys PopCorners maker BFY Brands
After the deal is completed, the snacks, which include the popcorn crisps, Flourish Veggie Crisps and Flex Protein Crisps, will operate under the Frito-Lay North America umbrella.
By Megan Poinski • Dec. 03, 2019 -
Deep DiveHow to have nearly 50 years of success in plant-based food: Follow Your Heart
With unflinching ethics and a commitment to sustainability, the company that practically started the animal-free segment grew from a vegetarian lunch counter to a grocery store CPG staple, selling Vegenaise, cheeses and yogurts.
By Megan Poinski • Dec. 03, 2019 -
Molson Coors moves beyond beer with hard coffee launch
As the popularity of core brews such as Coors Light and Miller Lite wanes, the beverage giant has been expanding into other alcoholic options to grow.
By Jessi Devenyns • Dec. 03, 2019 -
Hostess buys cookie maker Voortman for $320M
The purchase of the wafer and sugar-free cookie company expands the Twinkie manufacturer's reach in sweet baked goods.
By Christopher Doering • Dec. 02, 2019
