Corporate Operations: Page 140
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Bolthouse Farms chief rebuilding company after 'wrong marriage' to Campbell Soup
Jeff Dunn, who worked with a private equity firm to acquire the brand earlier this year, said the maker of fresh carrots and refrigerated juices is rapidly innovating and ideally positioned to benefit from demand for plant-based products.
By Christopher Doering • Nov. 13, 2019 -
AB InBev buys remaining stake in Craft Brew Alliance for $321M
The beer giant, which announced the deal in November, said it would sell the Kona Brewing operations in Hawaii to "expedite the regulatory review process."
By Christopher Doering • Updated June 16, 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 -
Dean Foods files for bankruptcy and is in 'advanced discussions' for sale
"Despite our best efforts to make our business more agile and cost-efficient, we continue to be impacted by a challenging operating environment," CEO Eric Beringause said in a release.
By Lillianna Byington • Nov. 12, 2019 -
59% of adults prefer snacking to meals, Mondelez study finds
According to the company's first-ever "State of Snacking" report, convenience and quality ranked as the top factors impacting choices.
By Jessi Devenyns • Nov. 11, 2019 -
Opinion
Accuracy in food safety: Why good enough isn't good enough
Even a system that catches pathogens 98% of the time could have huge cost and reputational repercussions for a brand, writes Clear Labs CEO Sasan Amini.
By Sasan Amini • Nov. 11, 2019 -
Retrieved from Coca-Cola on November 07, 2019
Coca-Cola's Aha moment: New sparkling water brand debuts in March
The soda giant's first major launch since 2006 will replace Dasani Sparkling and be in eight fusion flavors, two with 30 mg of added caffeine.
By Jessi Devenyns • Nov. 8, 2019 -
Maple Leaf is the first major food company to go carbon neutral
The producer of meat and plant proteins said the move acknowledges the industry's impact on the environment and the need to reduce global greenhouse gas emissions to zero.
By Cathy Siegner • Nov. 8, 2019 -
A fungus among us: Food makers cuddle up to the much maligned mushroom
From jerky to bars, the ingredient is being incorporated into more products by CPG companies wanting to tap into its numerous health benefits and meat-like qualities.
By Christopher Doering • Nov. 7, 2019 -
How Siggi's plans to stay dominant in Icelandic yogurt
CEO Carlos Altschul said the emergence of competitors has kept the brand focused on innovating and growing its market share, with new products expected to arrive on shelves later this year.
By Megan Poinski • Nov. 7, 2019 -
Retrieved from Chobani on November 07, 2019
Chobani Incubator salutes service with veterans cohort
J. Lee Gourmet BBQ Sauce, Amore Congelato and Savor the Flavor will all be participating in a shortened version of the Greek yogurt's mentorship program.
By Megan Poinski • Nov. 7, 2019 -
Millennial parents want ads to reflect equal roles, Kraft Heinz case study says
The cohort finds traditional advertising to be the least influential channel.
By Dianna Christe • Nov. 6, 2019 -
Consumer appeal brings Bananamilk maker Mooala $8.3M in funding round
The maker of organic and dairy-free beverages will use the money to expand into new markets, accelerate product development and hire employees.
By Cathy Siegner • Nov. 6, 2019 -
Quorn's secret to longevity in the meat alternative sector
The 34-year-old company, which estimates it has served 5 billion meals in 17 countries, started out as a sustainability project. It now makes items including meatless burgers, nuggets and fish sticks.
By Megan Poinski • Nov. 5, 2019 -
Tyson will assess its deforestation risks
Sustainability-focused nonprofit Proforest will help the company look at its sourcing for cattle, palm oil, soy, timber, pulp and paper to develop its upcoming forest protection policy.
By Cathy Siegner • Nov. 4, 2019 -
Opinion
How regenerative agriculture and organic farming helps the earth
PBS recently published an article on how organic farming could worsen global warming, but General Mills' Shauna Sadowski writes it had omissions and misleading assertions.
By Shauna Sadowski • Nov. 4, 2019 -
Column
Leftovers: Candy corn gets a makeover; Halo Top launches premium version
Ferrara, which makes Brach's Candy Corn, introduced six new versions of the sweet, and Dwayne "The Rock" Johnson is launching his own brand of tequila.
By Food Dive staff • Nov. 1, 2019 -
Edible Arrangements to introduce line of CBD products
The company is launching hemp cannabidiol snacks and treats later this year under the Incredible Edibles brand, with its first retail store opening in 2020.
By Cathy Siegner • Nov. 1, 2019 -
Nestlé recalls cookie dough products for possible rubber contamination
The world's largest food company, which has identified and fixed the cause of the problem, said it is taking this step "out of an abundance of caution."
By Lillianna Byington • Nov. 1, 2019 -
Tetra Pak study ranks environment as top concern for consumers
The packaging company found the most successful brands will be those that can show they have a purpose and are making a positive contribution to society, in addition to having a good product.
By Jessi Devenyns • Nov. 1, 2019 -
Edlong and Radient Technologies to develop CBD ingredients
The flavor firm plans to combine its expertise with the Canadian company's background in extracting, purifying and manufacturing cannabis components.
By Cathy Siegner • Oct. 31, 2019 -
Halloween candy prices jump nearly 4%, report finds
Spending on the holiday treats will hit $2.7 billion this year, up 3.6% from 2018, with the average household forking over $21, IHS Markit found.
By Cathy Siegner • Oct. 31, 2019 -
Kraft Heinz beats expectations, but sales continue to slump
The CPG giant slowed its losses, with net sales down 4.8% compared to a year ago, but CEO Miguel Patricio laid out priorities to grow through fewer SKUs and smarter innovation.
By Megan Poinski • Oct. 31, 2019 -
Monster gives energy drinks a jolt with new oat milk blend variety
Facing increased competition from Coca-Cola and even Amazon, the beverage giant is under pressure to innovate its product offerings.
By Jessi Devenyns • Oct. 31, 2019 -
Beverage giants pledge $100M to capture more PET bottles with major recycling groups
Amid growing attention around single-use plastic waste, Coca-Cola, PepsiCo and Keurig Dr Pepper are funding a new voluntary effort. The Recycling Partnership and Closed Loop Partners will manage the initiative.
By E.A. Crunden • Oct. 30, 2019 -
Report: Awareness of water risks is rising in food and beverage, but more progress is needed
Sustainability nonprofit Ceres found 77% of 35 publicly traded food and beverage companies consider it to be a potential issue in financial filings, an increase from 59% two years ago.
By Cathy Siegner • Oct. 30, 2019