Corporate Operations: Page 287
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Dean Foods scoops Friendly's Ice Cream for $155M, reports quarterly profit jump
The acquisition aligns with Dean Foods' strategy of shifting its portfolio toward more profitable branded milk and ice cream products.
By Carolyn Heneghan • May 10, 2016 -
FDA flip-flops on Kind's 'healthy' label, will re-evaluate the term's definition
Whatever the ultimate reasoning for the FDA's decision, any potential change to the "healthy" definition will be felt industrywide.
By Carolyn Heneghan • May 10, 2016 -
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 -
Where is the Coke-Monster relationship headed?
Monster's purchase price could rise significantly thanks to growth via Coca-Cola's distribution network and major deals on the horizon.
By Carolyn Heneghan • May 9, 2016 -
What Brynwood Partners' new Harvest Hill Beverage CEO appointment signals for its future
Doug Gillespie will likely lead Harvest Hill through more expansion via acquisitions, as it could benefit from further diversification.
By Carolyn Heneghan • May 9, 2016 -
Tyson boosts profit forecast, but could a top line focus ensure future growth?
Tyson Foods is benefiting from expanding meat supplies and lower feed costs, but impermanent bottom line improvements won't translate to sustained profitability.
By Carolyn Heneghan • May 9, 2016 -
FDA warning letters leave timely lessons for manufacturers
By following FSMA guidelines for preventive measures and proper documentation, the industry can avoid the dreaded FDA warning letter.
By Carolyn Heneghan • May 9, 2016 -
Nestle expresses concerns about Forest Service's CA water permit proposal
"The action proposed by the Forest Service would disrupt established water rights and the long-standing legal process of regulating water use in the State of California," according to the company.
By Carolyn Heneghan • May 9, 2016 -
Why acquiring a family business is a viable option for major manufacturers
Buying up family businesses could bring increased resilience to portfolios.
By Carolyn Heneghan • May 9, 2016 -
Kellogg, Post earnings cloud future of cereal industry
... But Kellogg CEO John Bryant still thinks cereal is ripe for a turnaround.
By Carolyn Heneghan • May 6, 2016 -
Nestle's voluntary sodium target support aligns with its health-focused strategy
Nestle is also pushing forward in new segments of health and wellness-based products, including medical foods.
By Carolyn Heneghan • May 5, 2016 -
Where Kraft Heinz may defy food industry trends
If most of the food industry is tweaking products, Kraft Heinz can maintain brand positioning and be an indulgent alternative.
By Carolyn Heneghan • May 4, 2016 -
Deep Dive
Innovation Station: 3 startups clue manufacturers into product segments, flavors of the future
From functionality to Southeast Asian flavor profiles, how will these Food-X "cohorts" bring about change to the industry?
By Carolyn Heneghan • May 4, 2016 -
Why Hain Celestial is breaking into VC, restructuring brands
Hain's moves could quell rumors of its own acquisition for now, though further success could also make it an attractive target for a large CPG competitor.
By Carolyn Heneghan • May 4, 2016 -
AB InBev revenue, income dip while company pursues merger, acquisitions
Anheuser-Busch InBev reported a significant dip in profits for the first quarter, which fell to $844 million from $2.3 billion last year.
By Carolyn Heneghan • May 4, 2016 -
Cargill looks ahead with divestment, ingredient development
Fiscal 2016 is poised to be Cargill's big year for divestments, The Wall Street Journal reported. The dressings, sauces, and mayonnaise business is only the start.
By Carolyn Heneghan • May 3, 2016 -
What the Boundless Nutrition acquisition means for Amplify
With Boundless Nutrition, Amplify is taking a step forward to capitalize on a wider range of better-for-you products.
By Carolyn Heneghan • May 3, 2016 -
Beyond Green Giant, what will B&G Foods acquire next?
B&G Foods' net sales soared 63% to $353 million, though Green Giant contributed less revenue than executives anticipated.
By Carolyn Heneghan • May 3, 2016 -
Hormel takes cue from Nestle with new medical foods line
Hormel Vital Cuisine are the first products certified by the Cancer Nutrition Consortium.
By Carolyn Heneghan • May 3, 2016 -
House committee urges USDA to exempt checkoff programs from FOIA requests
If the bill for the USDA's 2017 budget passes with the committee's report language intact, checkoff programs could be protected from having emails publicly disclosed.
By Carolyn Heneghan • May 3, 2016 -
Ingredion profit boosted by acquisition growth, favorable product mix
Quarterly revenue saw a 2% uptick to $1.36 billion, which included an 11% increase in North America sales.
By Carolyn Heneghan • May 2, 2016 -
Mars to combine sales, marketing leadership in new role as CMO steps down
Integrating principles of salesmanship can make consumer interactions more impactful.
By Carolyn Heneghan • May 2, 2016 -
How manufacturers can cut costs during litigation
With or without outside legal counsel, preparation is key to saving time, money, and effort.
By Carolyn Heneghan • May 2, 2016 -
In support of soda: Buffett, Munger tout benefits at Berkshire annual meeting
"I have not seen evidence that convinces me that it’ll be more likely I reach 100 if I suddenly switched to water and broccoli," Buffett said.
By Carolyn Heneghan • May 1, 2016 -
DOJ launches Dole criminal investigation
Last week, FDA inspection reports revealed Dole officials' knowledge of the listeria contamination at the plant dating back to July 2014.
By Carolyn Heneghan • May 1, 2016 -
Report: FDA cited Dole officials for listeria at salad plant in 2014
Production resumed, but Dole has yet to provide details about the extent of the cleaning and sanitizing of the plant, according to Food Safety News.
By Carolyn Heneghan • April 28, 2016