Corporate Operations: Page 141
-
Kind Snacks lays off 15% of its employees
The bar maker said 90 of its roughly 600 workers would lose their jobs before the end of the year in its sales, marketing and accounts management departments.
By Christopher Doering • Oct. 29, 2019 -
Yerba mate beverage maker Clean Cause gets $7M in funding round
The Texas-based maker of organic sparkling drinks will expand sales and marketing and add to the 6,000 locations where products are sold.
By Cathy Siegner • Oct. 28, 2019 -
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 -
Health-Ade Kombucha settles alcohol and sugar level lawsuits for $4M
The company denied any wrongdoing, but agreed to a formulation change and a warning statement on the bottle for the next year.
By Jessi Devenyns • Oct. 28, 2019 -
Deep Dive
How soda gets healthy: Remaking the classic beverage with less sugar, more benefits
The drink has long been panned for its association with diseases, but upstarts are trying to redefine the category.
By Christopher Doering • Oct. 28, 2019 -
Kellogg agrees to $20M settlement of 'healthy' sugary cereal lawsuit
The cereal maker denies any wrongdoing, and it's unclear if this will set a precedent for other manufacturers — many of which are dealing with similar cases.
By Jessi Devenyns • Oct. 25, 2019 -
Kraft Heinz's VC arm invests in cannabis software startup Flowhub
Evolv Ventures recently co-led a $23 million funding round for the Denver-based technology company, marking the food giant's first move into the trendy sector.
By Cathy Siegner • Oct. 25, 2019 -
Column
Leftovers: Rockettes-inspired cookies and gingerbread eggnog kick off the holiday season
Who cares that it's not even Halloween yet? It's two months before Christmas, meaning time for festive food and drink to come to grocery shelves.
By Food Dive staff • Oct. 25, 2019 -
Deep Dive
How retro candy brands are hitting the nostalgia sweet spot
Just in time for Halloween, Russell Stover and others are rethinking their marketing and positioning. Will consumers bite?
By Shane Schick • Oct. 24, 2019 -
PepsiCo rolls out its best known drinks for SodaStream
The launch, starting in Europe, is not surprising since the soft drink giant purchased the at-home carbonated water maker for $3.2 billion last year.
By Jessi Devenyns • Oct. 24, 2019 -
Cargill develops a more sugar-like stevia ingredient
The company said it created a botanical extract that when combined with its EverSweet sweetener results in a solution that is up to 30% stevia.
By Cathy Siegner • Oct. 24, 2019 -
Retrieved from Daiya Foods on October 23, 2019
Inside Daiya's plan to become a global plant-based powerhouse
After the Canadian allergen-free brand was acquired by Japanese pharmaceutical Otsuka two years ago, it has expanded, improved and found a new consumer base.
By Megan Poinski • Oct. 23, 2019 -
Why Strauss Brands canceled a Milwaukee slaughterhouse project
The beef, lamb and veal processor said it respects community opinion and doesn't want to expand to a place where it isn't wanted.
By Cathy Siegner • Oct. 23, 2019 -
USDA
Private equity firm completes purchase of Innophos for $932M
One Rock Capital Partners closed on its acquisition of the ingredients firm this week and in conjunction with the deal, Richard Hooper was appointed CEO.
By Jessi Devenyns • Updated Feb. 7, 2020 -
Molson Coors will launch CBD-infused water in Canada through joint venture
Flow Glow will be available across the country in December and is the first of six cannabis beverage brands from Truss Beverage Co., the beer giant's partnership with Hexo Corp.
By Cathy Siegner • Oct. 21, 2019 -
Will the instant Nestea relaunch be successful?
New Age Beverages is bringing powdered iced tea mix products back to the market through retail outlets and e-commerce.
By Cathy Siegner • Oct. 21, 2019 -
AB InBev claims MillerCoors stole secret beer recipes
A counterclaim in the lawsuit about a Super Bowl advertisement indicates MillerCoors's C-suite asked a former employee of the brewery that makes Bud Lite about the ingredients, processes and alcohol volumes of the beverage.
By Cathy Siegner • Oct. 21, 2019 -
Column
Leftovers: Ramen goes vegetarian; Baileys debuts red velvet Irish cream
Cece's Veggie Co. is swapping zucchini for the traditional wheat flour noodles, and Chobani is launching its second limited-edition charity flavor called Farmer Batch.
By Food Dive staff • Oct. 18, 2019 -
Danone's venture arm buys minority stake in plant-based Forager Project
The investment from the French food giant will enable the upstart to expand its portfolio, increase brand awareness and widen distribution.
By Cathy Siegner • Oct. 18, 2019 -
Nestlé aims to quench sagging water sales by restructuring
The Swiss food giant will shift from a globally managed business to a more localized one, bringing the company closer to the customer and allowing it to focus on higher-margin products.
By Jessi Devenyns • Oct. 18, 2019 -
More than 50% of consumers have never heard of pea protein, survey finds
Streetbees also found 36% of shoppers in the U.S. and the U.K. said the ingredient is environmentally friendly, while the same number said it's tasty.
By Cathy Siegner • Oct. 17, 2019 -
Why employees are leaving Big Food to work for Motif FoodWorks
With $117.5 million raised this year, Chief Commercial Officer Michele Fite told Food Dive the company is ramping up growth efforts while products are in R&D.
By Lillianna Byington • Oct. 17, 2019 -
Givaudan to cut at least 85 jobs as it closes two plants
The Swiss flavor manufacturer joins other food and beverage companies such as Kellogg, Dean Foods and Coca-Cola that have recently slashed jobs or closed plants.
By Lillianna Byington • Oct. 17, 2019 -
Mary Jane candies making a comeback in 2020
Once produced by Necco, the 105-year-old peanut and molasses chews are licensed to the Atkinson Candy Company.
By Jessi Devenyns • Oct. 16, 2019 -
Tyson shuts down production of Yappah upcycled snacks
The protein crisps were the company's first product launched from its Innovation Lab last year but failed to gain enough traction.
By Cathy Siegner • Oct. 16, 2019 -
Retrieved from Target on August 31, 2018
OpinionAppetizing investing in unbranded food manufacturers
Private label manufacturers offer opportunities for high valuations and rewarding returns, writes David Houser of Lincoln International.
By David Houser • Oct. 16, 2019
Previous
