Corporate Operations: Page 51
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Permission granted by Hain Celestial
Hain Celestial to restructure business to boost growth, generate millions in savings
The changes mark the first major shakeup to the organic and natural products maker since CPG veteran Wendy Davidson took the helm as CEO in January.
By Christopher Doering • Sept. 14, 2023 -
Courtesy of Molson Coors
Molson Coors boosts its investment in Zoa Energy
The two companies partnered in 2021 following the launch of Dwayne “the Rock” Johnson’s co-founded energy drink brand.
By Chris Casey • Sept. 12, 2023 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Justin Sullivan via Getty Images
What Biden’s cannabis rescheduling review could mean for food and beverage
Analysts said the administration’s recommended update will not spur greater availability of items, even as demand for the products continues to grow.
By Chris Casey • Sept. 12, 2023 -
Permission granted by Kraft Heinz
Kraft Heinz debuts a pouch that makes a microwaved grilled cheese crispy
The technology, part of a broader push at the CPG giant to boost innovation, will first appear in Lunchables before making its way to three other brands.
By Christopher Doering • Sept. 12, 2023 -
Courtesy of Coca-Cola
Coca-Cola launches beverage created with the help of artificial intelligence
Coca-Cola Y3000 is the latest flavor to launch under the company’s Creations platform designed to highlight its signature soda while drawing in younger consumers.
By Christopher Doering • Sept. 12, 2023 -
Courtesy of Vanguard Renewables
Danone joins corporate alliance to turn food waste into renewable energy
The dairy giant and other industry leaders are partnering with Vanguard Renewables to mitigate climate impacts by using anaerobic digesters on dairy farms.
By Nathan Owens • Sept. 11, 2023 -
Scott Olson via Getty Images
JM Smucker to buy Twinkies manufacturer Hostess Brands for $5.6B
The purchase will deepen the jam and peanut butter maker’s presence in growing categories and consumer occasions focused on convenience.
By Christopher Doering • Sept. 11, 2023 -
Courtesy of Eat Just
Eat Just’s Good Meat division fails to pay $30M worth of invoices
While it’s unknown why the cultivated meat company did not make the payments as ABEC claims, a source said the two sides are working to reach a settlement.
By Elizabeth Flood • Sept. 8, 2023 -
Getty Images
Ofi combines cocoa with Asian flavors using AI
The company said the technology helped identify trends from Eastern cuisines — such as miso, yuzu and chili — that can be incorporated into confectionery applications.
By Chris Casey • Sept. 7, 2023 -
Retrieved from BodyArmor.
Coca-Cola to sell BodyArmor outside the US for the first time
The sports drink’s CEO said the launch of the beverage in Canada in 2024 is “just the start of our expansion to new countries and consumers.”
By Christopher Doering • Sept. 7, 2023 -
Courtesy of Tindle Foods
Behind the Tindle Foods rebrand and new product launch
Co-founder and CEO Andre Menezes says the brand “holds itself to a very high standard,” and is focused on launching products with clean ingredients.
By Elizabeth Flood • Sept. 6, 2023 -
Permission granted by Sprecher Brewing
From a regional soda to a national brand: How Sprecher is taking on Coca-Cola and PepsiCo
The Wisconsin-based company has spent millions of dollars and taken on debt to add production, staff and warehouse capacity to bring its craft beverages into 49 states.
By Christopher Doering • Sept. 6, 2023 -
Courtesy of TreeHouse Foods
TreeHouse to sell snack bars business, plant to John B. Sanfilippo for $63M
The divestiture will allow the private-label giant to focus on high-growth and high-margin categories while enabling John B. Sanfilippo to diversify its offerings.
By Christopher Doering • Sept. 6, 2023 -
Courtesy of Eat Just
Eat Just, maker of plant-based eggs and cultivated chicken, gets a funding boost
The money comes as the company continues scaling in the U.S. and tries to reach profitability.
By Elizabeth Flood • Sept. 5, 2023 -
Permission granted by Nestle
Q&ANestlé’s Nespresso thriving as innovation stokes demand
Alfonso Gonzalez Loeschen, the brand’s CEO in North America, discusses the benefits of its DTC model, the effects of inflation and how the platform is responding to young coffee drinkers.
By Christopher Doering • Sept. 5, 2023 -
Courtesy of Ginkgo Bioworks
Q&ATalking the future of food with Ginkgo Bioworks’ Patrick Boyle
As the head of Codebase, Boyle was a synthetic biologist "before it was cool.” We checked in to discuss the field of engineered organisms and what it means to the food industry.
By Judy McGuire • Aug. 31, 2023 -
Christopher Doering/Food Dive
Campbell Soup’s move into snacks boosts sales amid flat results in soups and meals
The manufacturer of Goldfish and its namesake soups is aiming to accelerate growth through its purchase of Sovos Brands, the maker of fast-growing Rao’s sauces, for $2.7 billion.
By Christopher Doering • Aug. 31, 2023 -
Courtesy of Anheuser-Busch
Anheuser-Busch invests $22.5M in its Houston brewery
The Bud Light manufacturer said the money will go toward enhancing workplace safety, upgrading the plant’s cooling system and reducing electricity consumption.
By Christopher Doering • Aug. 29, 2023 -
Permission granted by Hain Celestial
Hain Celestial’s CEO describes her ‘prove it’ strategy as challenges loom
Wendy Davidson, who took over in January, said the organic and natural products giant has reached “an inflection point” where the 30-year-old business can “unlock” its potential.
By Christopher Doering • Aug. 29, 2023 -
Courtesy of Meati
Former Cargill executive joins cultivated meat company Meati
Nicole Johnson-Hoffman has joined the firm’s board as it commences a nationwide retail launch of its mycelium steak and chicken breast analogs.
By Elizabeth Flood • Aug. 29, 2023 -
Permission granted by PepsiCo Beverages North America
Pepsi celebrates 125 years: Inside the marketer’s media blitz
A campaign celebrating an anniversary milestone and past iconic ads doubles as the official introduction of the brand’s new logo.
By Peter Adams • Aug. 29, 2023 -
Permission granted by Hu
Mondelēz leans on startups to help fuel ambitious growth plans
The Oreo manufacturer said SnackFutures, its venture capital arm, plans to at least double the number of companies in its portfolio by 2030.
By Christopher Doering • Aug. 28, 2023 -
Scott Olson via Getty Images
Hershey to close Dot’s Pretzels factory
The closure of the North Dakota plant is part of the company's plan to more efficiently increase production capacity at other manufacturing locations.
By Kate Magill • Aug. 25, 2023 -
Courtesy of Tillamook
ColumnLeftovers: Tillamook takes its cheese into frozen meals | B&G brings whiskey buzz to the grill
The dairy brand is entering the freezer aisle for the first time with mac & cheese and pizza, while Dolci takes advantage of pumpkin spice season with its new blondie treat.
By Food Dive staff • Aug. 25, 2023 -
Courtesy of The Drinkable Company
The Drinkable Company gives RTD coffee, tea and soda an added buzz with cannabis
The new brand from two beverage industry veterans is launching the products to meet consumers at different occasions, and is planning to launch on a state-by-state basis.
By Chris Casey • Aug. 25, 2023
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