Corporate
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Megan Poinski/Food Dive
Utz to buy chip supplier for $41M in move to cut costs and grow its brands
The acquisition of Festida Foods will improve production of the recently acquired On The Border brand while helping the company's expansion efforts in the Midwest.
By Christopher Doering • May 11, 2021 -
Permission granted by Vital Farms
Vital Farms targets convenience for the pandemic consumer with new Breakfast Bars
The second finished product for the publicly traded pasture-raised egg company goes on sale at Whole Foods and other retailers in August.
By Megan Poinski • May 11, 2021 -
Explore the Trendline➔
Thai Phi Le/Food Dive
TrendlineThe Food Dive Outlook on 2021
The impact of the pandemic continues to ripple throughout the industry, influencing the trends on the horizon in food and beverage, from the surge of breakfast items to greater tech adoption.
By Food Dive staff -
Retrieved from Nuun.
Nestlé buys healthy sports hydration brand Nuun
The purchase is the latest move by CEO Mark Schneider to turn the Switzerland-based food giant into a leading brand in personal health and nutrition. Terms of the deal were not disclosed.
By Christopher Doering • May 11, 2021 -
Courtesy of Mondelez
From keto doughnuts to kelp, Mondelez aims to accelerate growth in well-being snacking
The inaugural class for its SnackFutures' CoLab includes entrepreneurs making everything from allergy-friendly and low-sugar offerings to plant-based crisps and vitamin-infused candy.
By Christopher Doering • May 10, 2021 -
Courtesy of Chobani
Chobani launches first-ever Fair Trade Certified yogurts
The CPG company and Fair Trade USA collaborated to build a platform for other dairy providers to work toward getting the seal on their own products.
By Lauren Manning • May 07, 2021 -
Courtesy of AriZona Beverages
ColumnLeftovers: Arizona Beverages puts a stake in ground coffee; Honest Tea warms up to yerba mate
The ready-to-drink iced tea maker sees potential in price-sensitive, small-batch roasts, and MadeGood enters the savory space with Star Puffed Crackers.
By Food Dive staff • May 07, 2021 -
Permission granted by Olam
Spice use to remain robust after COVID-19 as trends buoy demand, Olam executive says
While the rate of growth will ease, cooking at home, summer grilling and consumer interest in new flavors will push the category higher — and test the supply chain.
By Christopher Doering • May 06, 2021 -
Permission granted by Ferrara
Ferrara relaunches fruit snack brand to 'reinvigorate' the offering
The company is reintroducing the product under the name Funables and making changes to the ingredients and package design in an effort to boost stagnant sales.
By Christopher Doering • May 06, 2021 -
Permission granted by Ingredion
Ingredion partners with Amyris to offer its fermented Reb M sweetener
The companies also agreed to develop sustainably sourced, zero-calorie, nature-based sweeteners and potentially other types of fermentation-based food ingredients.
By Christopher Doering • May 06, 2021 -
Courtesy of PepsiCo
Rockstar celebrates hustle mentality in first global marketing platform since PepsiCo acquisition
Three short films depict various people on the daily grind, while PepsiCo is promoting an overhaul to the energy drink's visual identity and packaging.
By Peter Adams • May 05, 2021 -
Retrieved from Pete and Gerry's on May 06, 2021
Butterfly acquires organic welfare-focused egg producer Pete and Gerry's
The acquisition, for an undisclosed price, adds another mission-driven organic company to the private equity firm's portfolio.
By Lauren Manning • May 05, 2021 -
Courtesy of PepsiCo
PepsiCo launches functional sparkling water drink Soulboost
The beverage brand, which includes ginseng and L-theanine as ingredients, is the latest offering by the CPG giant aimed at making consumers feel better.
By Christopher Doering • May 05, 2021 -
Courtesy of Tattooed Chef
Tattooed Chef to acquire Mexican food maker for $35M
The plant-based company is expanding into Hispanic and Southwest offerings with the purchase of New Mexico Food Distributors and Karsten Tortilla Factory.
By Lauren Manning • May 05, 2021 -
Permission granted by Greenleaf Foods
Lightlife cleans up all of its labels
After a year of reformulating, all 19 products under the Greenleaf Foods banner have ingredient lists that are recognizable to consumers, which the company considers a necessity for plant-based food.
By Megan Poinski • May 05, 2021 -
Impossible Foods
Impossible Foods' GMO plant-based heme received proper approval, court rules
The knock down of the Center for Food Safety's challenge of the ingredient may be a sign of how questions about bioengineered food will be handled in the future.
By Megan Poinski • May 04, 2021 -
Courtesy of Picky Bars
Laird Superfood acquires snack maker Picky Bars for $12M
This is the first portfolio addition for the plant-based company since its IPO last year, furthering its expansion into a new category.
By Samantha Oller • May 04, 2021 -
George Frey via Getty Images
Deep DiveAs inflation rages, food and beverage manufacturers pass higher costs on to consumers
Coca-Cola, Nestlé and General Mills are just a few of the CPGs to announce hikes as they face a jump in expenses for ingredients, manufacturing, packaging and transportation.
By Christopher Doering • May 04, 2021 -
Courtesy of Tyson Foods
Tyson expands Raised & Rooted offerings further into competitive plant-based market
The meat processing giant is debuting hamburger and sausages to grow the brand that previously had faux chicken nuggets and tenders on store shelves.
By Christopher Doering • May 03, 2021 -
Courtesy of PepsiCo
ColumnLeftovers: Smartfood and Krispy Kreme pop into a sweet mashup; Goldfish get spicy with Frank's RedHot
PepsiCo's popcorn brand finds indulgent inspiration in glazed doughnuts, and Piedmont Candy lightens up with low-sugar Thinful snack mixes.
By Food Dive staff • April 30, 2021 -
Chr. Hansen Natural Colors acquires Secna Natural Ingredients
The first deal since the company was purchased by a private equity firm brings a European provider of red and purple hues under its umbrella.
By Lauren Manning • April 29, 2021 -
Courtesy of Olam Food Ingredients
Olam to buy private label spice maker Olde Thompson for $950M
The acquisition gives the Asian company another asset in its Olam Food Ingredients portfolio, which it plans to IPO at the beginning of 2022.
By Megan Poinski • UPDATED: April 30, 2021 at 12:08 p.m. -
Adeline Kon/Food Dive
Deep DiveAfter the pandemic, how is the food business likely to fare?
With recent growth rates likely to slow down, future success may depend on companies' plans to improve operations, innovate and prevent price increases.
By Megan Poinski • April 29, 2021 -
Courtesy of Beyond Meat
Beyond Meat set to return to plant-based chicken this summer, Bloomberg reports
Just two years after the faux meat maker pulled its frozen strips, the company is poised to reenter the retail category again, but this time with several large competitors.
By Christopher Doering • April 28, 2021 -
Courtesy of Oscar Mayer
Oscar Mayer introduces extensive brand refresh
Kraft Heinz is trying to revitalize the 138-year-old label as consumers reconsider legacy packaged food brands during the pandemic.
By Peter Adams • April 28, 2021 -
Memphis Meats
Agrifood tech companies raised $22.3B in funding in 2020, Finistere Ventures says
From e-commerce and biotech crops to meal kits and the supply chain, the firm said this space has experienced a CAGR of 50% in investments during the last decade, and more are likely to come.
By Megan Poinski • April 28, 2021
