Corporate Operations: Page 161
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Tastewise uses artificial intelligence to digest information on the latest food trends
The site analyzes billions of data points — including more than 1 billion photos shared every month and 153,000 restaurant menus across the U.S.
By Lillianna Byington • Feb. 13, 2019 -
Molson Coors to restate earnings following accounting errors
The company said sales fell 6.2% during the fourth quarter as beer volumes continued to decline in the U.S., led by premium light brews.
By Christopher Doering • Feb. 12, 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 -
Retrieved from Coca-Cola on February 08, 2019
Will Orange Vanilla Coke bring more sunshine to soda sales?
The new flavor, created to be a nostalgic reminder of creamy popsicles enjoyed during childhood, hits shelves on Feb. 25.
By Jessi Devenyns • Feb. 11, 2019 -
Q&A
How the cannabis beverage was established — and expanded — by Keef Brands
CEO Erik Knutson told Food Dive how his company created sodas, seltzers and juices with the trendy ingredient, entered into a partnership for beer and where he sees the market going.
By Megan Poinski • Feb. 11, 2019 -
AB InBev's incubator arm takes full ownership of RateBeer
Does a megabeer corporation's possession of the most popular rating site pose a conflict of interest? Some think it may.
By Jessi Devenyns • Feb. 8, 2019 -
Hain Celestial shares drop 19% after 'truly disappointing' second quarter
The organic and natural food company's stock fell as low as $14.45 on Thursday, which Bloomberg reported was its lowest intraday price since October 2011.
By Cathy Siegner • Feb. 8, 2019 -
Cargill launches palm oil shortening line for baked goods
The company said PalmAgility has a smoother and creamier texture, meaning faster mixing times and better incorporation of ingredients.
By Cathy Siegner • Feb. 7, 2019 -
Retrieved from Nestle on February 11, 2014
Nestlé acquires rights to technology to fight iron deficiency
Ferri Pro is a protein-iron complex that uses food-grade materials to fortify food and beverages, but without negatively affecting the quality or taste.
By Cathy Siegner • Feb. 7, 2019 -
Conagra cuts 100 jobs shuttering Pinnacle's Boulder office
The closure of the former Boulder Brands headquarters brings employee cuts following the $10.9 billion acquisition to 600.
By Lillianna Byington • Feb. 7, 2019 -
Carlsberg toasts rising beer sales and sustainability progress
The Danish brewer saw 2018 net revenue rise 3%, the company's first sales jump in three years, as the rest of the industry posts losses.
By Cathy Siegner • Feb. 7, 2019 -
Campbell Soup drops Habit, selling its nutrition company to Viome
Financial terms were not disclosed, but the New Jersey manufacturer has been the sole investor and majority shareholder for the personalized meal planning company since it started in 2015.
By Jessi Devenyns • Feb. 7, 2019 -
How Bulletproof brews a transparent coffee supply chain
For the keto-friendly brand, the promise of superhuman health has to be backed up by a relentless sourcing strategy.
By Emma Cosgrove • Feb. 7, 2019 -
Consumers miss their Sweethearts this Valentine's Day
After NECCO's bankruptcy sale last year, Spangler plans to relaunch the hearts in 2020, but some of the iconic confectioner's less-renowned brands may be back before that.
By Nina Sparling • Feb. 6, 2019 -
Unilever expands healthy snacks with Graze acquisition
The CPG giant bought the brand — which offers a variety of munchies including nuts, seeds and bars — from The Carlyle Group for an undisclosed amount.
By Lillianna Byington • Feb. 6, 2019 -
Grain-free tortilla startup Siete raises $90M from Stripes Group
The family-owned Mexican brand wants to be a billion-dollar company, and will use the funds to expand the reach of its products, which hit on the latest trends.
By Jessi Devenyns • Feb. 6, 2019 -
Report: Tyson Foods may buy Foster Farms for $2B
Sources who requested anonymity told CNBC the two protein companies have been talking about a deal, but may not be able to agree on price.
By Cathy Siegner • Feb. 6, 2019 -
Smokin' hot volcano-to-table protein startup attracts $33M from Danone, ADM
Sustainable Bioproducts said its fermentation technology can grow protein with high nutritional value and minimal impact on the environment.
By Cathy Siegner • Feb. 5, 2019 -
Opinion
Bridging the food and beverage manufacturing skills gap with simulation training
Debra Schug of Simutech Multimedia said companies should use the technology to teach new workers and engage existing staff.
By Debra Schug • Feb. 5, 2019 -
Is corn syrup a desirable beer ingredient? AB InBev Super Bowl ad ignites debate.
In touting Bud Light for not using the ingredient — and slamming Miller Lite and Coors Light for having it — the brewer attracted pushback from competitors and a "disappointed" corn industry.
By Cathy Siegner • Feb. 5, 2019 -
McCormick turns to artificial intelligence to spice up product development
The Maryland company is using the technology to reduce the time it takes to create a new item by up to 70%, while increasing the likelihood that it has staying power on the market.
By Christopher Doering • Feb. 5, 2019 -
Perdue, Tyson and Pilgrim's Pride recall 110,000 pounds of chicken
Last week, the poultry producers pulled the nuggets because they either contained rubber or were incorrectly labeled.
By Jessi Devenyns • Feb. 4, 2019 -
Retrieved from Nestle on January 31, 2019
ColumnLeftovers: Kit Kats in cone form, getting spicy with hot dates
Nestlé combines two of its hit products for a tasty frozen dessert, and Halo Top makes more vegan-friendly flavors.
By Food Dive staff • Feb. 1, 2019 -
Federal court blocks San Francisco's health warnings on soda advertisements
The ordinance would have required advertisements to issue a warning that consuming sugary beverages "contributes to obesity, diabetes and tooth decay."
By Lillianna Byington • Feb. 1, 2019 -
MycoTechnology raises $30M to expand salt-reduction ingredient
The latest funding round for the Colorado-based food technology company saw participation from Tyson Ventures, Bunge Ventures, Kellogg's Eighteen94, Capital and Continental Grain Co.
By Cathy Siegner • Jan. 31, 2019 -
Olam will refocus portfolio to follow shifts in consumer preferences
The global food and agribusiness company plans to divest $1.6 billion from sugar, rubber, wood products and fertilizer, and invest $3.5 billion in nuts, grains, animal feed, cocoa and coffee.
By Cathy Siegner • Jan. 31, 2019