Corporate Operations: Page 145


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    Mars Wrigley
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    Leftovers: Skittles get an undead makeover; summer ends with hot dog ice cream sandwiches

    Mars introduces Zombie Skittles that give consumers a chance to taste a rotten flavor, and healthy ice cream brand Enlighted is releasing keto ice cream.

    By Food Dive staff • Aug. 30, 2019
  • Cell-based meat and seafood producers form alliance

    Memphis Meats, Just and Finless Foods are among the founding members of the Alliance for Meat, Poultry & Seafood Innovation.

    By Cathy Siegner • Aug. 30, 2019
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    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
  • Cargill invests $75M in pea protein maker Puris

    The funding will enable the Minnesota company, which also supplies the ingredient to Beyond Meat, to more than double its production. 

    By Cathy Siegner • Aug. 29, 2019
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    Castle Brands
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    Pernod Ricard to acquire Castle Brands for $223M

    The French spirits company continues to grow its portfolio and expand its reach in whiskey with a string of acquisitions.

    By Lillianna Byington • Aug. 29, 2019
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    Stoli Group
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    Nick Jonas enters celebrity-packed tequila space

    Villa One, which is being promoted at Jonas Brothers concerts before reaching the market in 2020, has artesian well water and sustainably sourced agave.

    By Jessi Devenyns • Aug. 29, 2019
  • Pilgrim's Pride acquires UK pork processor for $354M

    The Colorado-based chicken producer said buying Tulip will strengthen its European footprint while increasing its presence with the popular meat product.

    By Cathy Siegner • Aug. 29, 2019
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    FDA
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    Study looks at keeping bias out of food industry-funded research

    Scientists agreed on overall principles, but failed to reach a consensus on which commercial entities were acceptable to interact with and accept funding from.

    By Cathy Siegner • Aug. 28, 2019
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    ONE Brands
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    Hershey buys One Brands for $397M, expanding bar options

    The acquisition comes after the producer of Kisses and Reese's ​took a minority stake in Fulfil, a manufacturer of high-protein, vitamin-fortified nutrition snacks.

    By Jessi Devenyns • Updated Sept. 23, 2019
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    Christopher Doering
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    Stuck on spuds: Idahoan harvests center of the store success

    The producer of mashed potatoes has grown sales and household penetration despite the emergence of new food trends and the popularity of perimeter items at the supermarket.

    By Aug. 28, 2019
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    Megan Poinski
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    Kraft Heinz to replace CFO after year of upheaval

    David Knopf will depart the company next month and return to his former employer, 3G Capital.  

    By Jane Thier • Aug. 27, 2019
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    Two Roots
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    Triple threat: Two Roots offers craft beer in alcohol, non-alcohol and cannabis varieties

    The company will introduce non-alcoholic versions in lager, IPA, wheat and seasonal styles at all BevMo locations in California next month.

    By Cathy Siegner • Aug. 27, 2019
  • AB InBev passes on acquiring the Craft Brew Alliance

    The brewing giant opted to pay a one-time $20 million fee to the company instead of purchasing the remaining shares beyond its current 31.3% ownership.

    By Cathy Siegner • Aug. 26, 2019
  • Nestlé reformulates its plant-based Incredible Burger

    Nearly half a year after its initial release, the company is tweaking its Incredible Burger, which is made of soy and wheat, to be juicier and beefier.

    By Jessi Devenyns • Aug. 26, 2019
  • BlueNalu is ready to take the plunge with long-range cell-based seafood production plans

    The San Diego-based startup plans to introduce products into a test market in two to three years and break ground on its first large-scale production facility in five years.

    By Cathy Siegner • Aug. 26, 2019
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    Celestial Seasonings
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    Leftovers: Grateful Dead-inspired tea to brew voter registration, Halo Top hits the makeup box

    Trouble ahead? Trouble behind? Celestial Seasonings' Ramble On Rose tea can help you watch your speed, and FitJoy gets the snack puff in shape.

    By Food Dive staff • Aug. 23, 2019
  • Why olive oil tariffs are controversial

    Lawmakers are asking the Trump administration to take a 100% duty on EU imports of the cooking staple off the table, which they say could lead to high prices and shortages.

    By Jessi Devenyns • Aug. 23, 2019
  • PureCircle shows off its stevia ingredients in ice cream

    The Chicago company is the latest to use the frozen summer treat as a way to showcase its products.

    By Cathy Siegner • Aug. 22, 2019
  • Will Smashmallow continue its success with a new line of gummies?

    Smashing into product categories is what this brand does best, and an investment from Alliance Consumer will bring the low-sugar confections to shelves next year.

    By Jessi Devenyns • Aug. 22, 2019
  • Is Kellogg the biggest competitor in the plant-based meat sector?

    Analysts say the company's MorningStar Farms brand could give Beyond Meat and Impossible Foods a run for their money.

    By Cathy Siegner • Aug. 22, 2019
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    Quest
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    Atkins owner to acquire protein-food maker Quest for $1B

    The purchase by Simply Good Foods expands its reach into better-for-you snacking while broadening its product offerings.

    By Aug. 22, 2019
  • Ajinomoto to acquire majority interest in More Than Gourmet

    The deal allows the Japanese firm to tap into the growing popularity of stocks, broths and sauces coveted because of their convenience and role in enhancing taste. 

    By Cathy Siegner • Aug. 22, 2019
  • Motif raises $27.5M to expand production of animal-free ingredients

    The nascent company has about 15 products under development, including one that would better maintain the fat structure in plant-based burgers.

    By Cathy Siegner • Aug. 22, 2019
  • Planters celebrates '90s snack's return with cheesy Twitter giveaway

    People can tweet at Mr. Peanut with foods they would cover in Cheez Balls' signature powder to win a shaker full of the stuff.

    By Dianna Christe • Aug. 21, 2019
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    Del Monte Foods
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    Del Monte to lay off 844 workers as it closes 3 plants, sells another

    The company told Food Dive that the moves are necessary to remain competitive, but no additional sales or divestitures are planned.

    By Jessi Devenyns • Aug. 21, 2019
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    Retrieved from Nestle on April 20, 2016
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    Nestlé cuts 360 workers — 4K layoffs expected in logistics shift

    The CPG giant wants to streamline its operations, and changing how it distributes frozen foods is one way it's looking to simplify and save.

    By Emma Cosgrove • Aug. 21, 2019