Corporate Operations: Page 133
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Opinion
Will the United States lead the future of meat?
If we do not remain open to new ideas — especially in terms of food production — we risk losing valuable ground, writes the Alliance for Meat, Poultry and Seafood Innovation.
By Alliance for Meat, Poultry and Seafood Innovation • Feb. 28, 2020 -
Column
Leftovers: Taco Bell's new cheese snack is all crunch, no chip; 'The Bachelor' host offers a rosé
The restaurant brand hits shelves with a keto-friendly offering inspired by its hot sauce flavors, and RXBAR bites into small-batch varieties.
By Food Dive staff • Feb. 28, 2020 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Barilla swaps out eggs to make its Protein+ pasta plant based
The offering, which was reformulated with semolina durum wheat, peas, lentils and chickpeas, has the same taste, texture and protein content as its previous version.
By Cathy Siegner • Feb. 27, 2020 -
CPGs push collaboration with Ingredion to accelerate product development
The ingredient company's CEO said food makers used to be "careful and cautious" when working with businesses like his, but pressure to innovate has made them more open, transparent and trusting.
By Christopher Doering • Feb. 27, 2020 -
BlueNalu nets $20M to produce cell-based fish for a test market in 2021
The San Diego-based company received money both from investors and strategic partners, and is getting prepared for eventual large-scale production.
By Megan Poinski • Feb. 27, 2020 -
Women leaders are 'invisible,' but a new initiative looks to change that
The Women on Boards Project aims to increase diversity on boards and kicks off with 20 private company partners, including Magic Spoon, Ancient Harvest, Alter Eco Foods and Velocity Snack Brands.
By Lillianna Byington • Feb. 27, 2020 -
Kerry acquires Spanish plant protein ingredients company
The purchase of Pevesa Biotech will enhance the Irish taste and nutrition firm's position as more consumers look to curtail their meat consumption.
By Cathy Siegner • Feb. 27, 2020 -
Retrieved from TreeHouse Foods on July 01, 2016
TreeHouse Foods reorganizes divisions in latest round of restructuring
The company said it will create two units — meal preparation as well as snacking and beverages — to help it better meet the needs of retailers and position the private label giant for growth.
By Christopher Doering • Feb. 27, 2020 -
Jif seeks to settle the debate about 'GIF' pronunciation
Giphy teamed with the J.M. Smucker brand on a special jar of peanut butter that sold out on Amazon within hours.
By Robert Williams • Feb. 26, 2020 -
Food manufacturers overhaul portfolios in bid to spur growth
After years of multibillion dollar deals, companies like Conagra and Nestlé are focusing on acquiring smaller, trendier brands and selling divisions that don't meaningfully boost sales.
By Christopher Doering • Feb. 26, 2020 -
Coca-Cola tests kombucha-like juice with less sugar
The beverage giant, which is rolling out the product in grocery and convenience stores in Texas and California, developed the drink in conjunction with its Minute Maid brand.
By Christopher Doering • Feb. 26, 2020 -
Kind founder invests $18M in yogurt brand Ellenos
A co-founder of the Seattle-based company said Daniel Lubetzky's involvement will allow them to introduce more people to its products by scaling up across the country.
By Cathy Siegner • Feb. 25, 2020 -
Mondelez completes acquisition of majority stake in sweet baked goods maker Give & Go
The maker of Oreos and Ritz crackers said the deal will expand its reach in brownies and muffins while giving it more access to the fast-growing in-store bakery channel.
By Christopher Doering • Updated April 1, 2020 -
Tofurky spreads into plant-based cheese with Moocho launch
The brand, which the meat alternative company created for its cheesecake line, will have shreds and spreads in grocery stores nationwide this summer.
By Megan Poinski • Feb. 25, 2020 -
Cargill enters plant-based meat with burgers and ground products
The world's largest privately held company could be a formidable competitor in the space as its private-label products come to stores and restaurants in April.
By Megan Poinski • Feb. 24, 2020 -
Big CPGs warn of financial hit from coronavirus as global outbreak worsens
Coca-Cola, Mondelez, Unilever and General Mills were among the companies who said the epidemic has reduced sales in China.
By Christopher Doering • Feb. 24, 2020 -
Why Smucker is discontinuing Jif Power Ups
CEO Mark Smucker said pulling the peanut butter-based snack bar was a "difficult decision," and plans more innovation for that space in the coming months.
By Cathy Siegner • Feb. 21, 2020 -
Hormel to acquire Sadler's Smokehouse for $270M
The pit-style barbecue brand from Texas is a family-owned business that has served the food giant for more than two decades.
By Lillianna Byington • Feb. 21, 2020 -
Equinom raises $10M to boost seed-breeding technology
The Israeli company said proceeds from the Series B funding round will expand its technology to produce non-GMO "smarter seeds" with higher nutritional profiles and crop yields.
By Cathy Siegner • Feb. 20, 2020 -
Has LaCroix found 'vindication' from the withdrawal of a consumer lawsuit over its 'natural' claim?
The plaintiff said she could not determine whether the beverage contained synthetic ingredients, but the sparkling water brand still faces other challenges.
By Lillianna Byington • Feb. 20, 2020 -
B&G buys Veggie Fries maker Farmwise Foods
Terms of the deal, funded with cash on hand, were not disclosed, but the serial acquirer plans to use some of the brand's innovation to bolster Green Giant products.
By Megan Poinski • Feb. 20, 2020 -
Diageo pays $5M fine to settle SEC investigation
The regulator said the global spirits giant pressured U.S. distributors to buy more than they needed in order to meet internal sales targets in 2014 and 2015.
By Megan Poinski • Feb. 20, 2020 -
Mondelez CEO touts first-mover advantage in snacking as competition swells
Dirk Van de Put said the Oreo maker is on the lookout for large and small companies to expand its already commanding presence in the popular segment.
By Christopher Doering • Feb. 20, 2020 -
Deep Dive
Farm to pint: How Anheuser-Busch cultivates its ingredients amid a changing climate and consumer
In addition to stringent farming protocols, the company is investing millions to find the next rice, hops and barley varieties that can be grown using less water or are more resilient to diseases.
By Christopher Doering • Feb. 20, 2020 -
Retrieved from PepsiCo on December 03, 2019
How PopCorners' growth made it an acquisition target
The company's CEO spoke about how it built momentum from its sustainability and transparency efforts during the past five years, which will help as it prepares to scale up under PepsiCo.
By Lillianna Byington • Feb. 19, 2020