Corporate Operations
-
Mondelēz seeks to work with tech startups focused on ingredients, packaging and sustainability
The snacking giant said the companies it partners with as part of its incubator program will provide early access to new capabilities to develop breakthrough products and platforms.
By Christopher Doering • April 24, 2024 -
How Heineken is using AI to gain a competitive advantage
The Dutch brewer is among the first companies to utilize Stravito's new artificial intelligence chatbot that helps enhance its market research capabilities.
By Chris Casey • April 23, 2024 -
Trendline
Mergers and acquisitions
While the days of transformational megadeals in the food and beverage sector have subsided, the value of M&A hasn’t lost its importance for many executives.
By Food Dive staff -
Coca-Cola to spend $1.1B to use Microsoft’s cloud, AI services
The beverage giant is exploring the use of the technology to streamline its operations, foster innovation, boost efficiency and discover growth opportunities.
By Christopher Doering • April 23, 2024 -
Lindt expands plant-based portfolio with Lindor Oatmilk Truffles
The spherical confections are the second non-dairy product in the Lindt collection following the 2022 launch of its bars.
By Christopher Doering • April 23, 2024 -
Boston Beer fuses beer and seltzer flavors in nonalcoholic offering
The maker of Sam Adams is using the new booze-free product as a launchpad for nationwide direct-to-consumer shipping.
By Chris Casey • April 22, 2024 -
Entenmann’s parent Grupo Bimbo names Rafael Pamias as CEO
The bakery giant is overhauling its C-suite with the former Danone executive to improve its corporate governance and operations following a prolonged period of growth.
By Christopher Doering • April 22, 2024 -
Hydrox planning antitrust lawsuit against Oreo parent Mondelēz
The cookie’s owner, Leaf Brands, accuses the snacking giant of intimidating retailers and instructing workers who restock shelves to hide, misplace or move Hydrox to less desirable locations.
By Christopher Doering • April 22, 2024 -
Constellation Brands distances itself from cannabis company Canopy Growth
The Modelo brewer is converting its shares and withdrawing from the cannabis producer’s board, its latest move to distance itself from its failed $4 billion investment.
By Chris Casey • April 22, 2024 -
Column
Leftovers: Kraft Heinz makes fast food sauces better-for-you | Go Go Squeez recharges with electrolyte snacks
Primal Kitchen’s condiments aim to complement chicken nuggets and burgers, and Blue Bunny swirls into unique ice cream creations with Twist pints.
By Food Dive staff • April 19, 2024 -
Glanbia buys Flavor Producers for $300M
The Irish ingredients company said the acquisition will enhance its organic and natural flavor capabilities in the U.S.
By Chris Casey • April 18, 2024 -
Column
The Weekly Sip: Nestlé unveils recyclable Nesquik sleeves | Jim Beam goes from barrel to can with RTD cocktails
The CPG giant’s new packaging is compatible with the U.S. recycling stream, and Fable aims to enchant THC-infused beverage drinkers with its botanical hemp delta-9 offerings.
By Chris Casey • April 18, 2024 -
General Mills plans to cut dairy emissions 40% by end of decade
The cereal giant is more than halfway to its goal of enrolling 1 million acres in its regenerative agriculture plan, according to the latest corporate sustainability report.
By Chris Casey • April 18, 2024 -
Pepsi debuts limited-edition peach and lime flavors for summer
The sodas, which are targeted toward consumers grilling outdoors, further the beverage giant’s strategy to pair its drinks with certain foods and occasions.
By Christopher Doering • April 18, 2024 -
Q&A
Meet the agency behind some of CPG’s splashiest brand refreshes
From M&M’s to Manischewitz, JKR has had a hand in high-profile overhauls that try to balance reverence for legacy with modernity.
By Peter Adams • April 17, 2024 -
Mingle Mocktails aims to spark a zero-proof cocktail craze
The nonalcoholic brand says its products, which do not directly mimic the taste of alcohol, can satisfy consumers looking for an alternative option in social situations.
By Chris Casey • April 17, 2024 -
Red Baron pizza owner looks to Korean food for its next $1B offering
Sales from its Bibigo brand, which offers everything from fried rice to frozen dumplings, have jumped more than 1,100% since 2019 amid growing demand for the East Asian cuisine.
By Christopher Doering • April 17, 2024 -
JM Smucker’s CMO on what she’s learned about refreshing ‘dusty’ brands
After handling the CPG giant's business at Publicis, Gail Hollander now leads the marketer's in-house efforts to modernize brands for new audiences.
By Chris Kelly • April 16, 2024 -
General Mills powers up portfolio with Wheaties Protein
The new “Breakfast of Champions” cereal targets consumers seeking additional value from their foods with more than 20 grams of protein per serving.
By Chris Casey • April 16, 2024 -
Unilever launches Knorr meal cups to attract working consumers
The brand, recognized for its sauces and broths, is launching seven rice and pasta options for people looking for healthier choices at the office.
By Christopher Doering • April 15, 2024 -
Food companies aren’t ready to comply with traceability rule, says former FDA official
Frank Yiannas, who helped the agency craft its new food safety tracking policy, said the system is not even a third of the way to meeting the 2026 deadline.
By Chris Casey • April 15, 2024 -
Column
Leftovers: Kettle pops into Korean pepper flavored chips | Cinnamon Toast Crunch brings waffles to cereal
The Campbell Soup-owned brand is spicing up its lineup with the help of gochujang, and the founders of ParmCrisps and Veggie Straws aim to level up the pretzel category with their latest snack.
By Food Dive staff • April 12, 2024 -
Constellation outperforms Wall Street estimates amid beer boost
While the alcohol giant’s margins in the category are improving, it also saw an 8% decline in its wine and spirits portfolio last quarter.
By Chris Casey • April 12, 2024 -
Kerry cuts sodium with Tastesense Salt
The breakthrough allows formulators to use 60% less sodium in snacking products like chips, according to the company.
By Chris Casey • April 11, 2024 -
PepsiCo’s Quaker Oats plant in Illinois to close, laying off 510 employees
The food giant said the facility, recently impacted by a recall, would have required “an extended closure for enhancements and modernization.”
By Christopher Doering • April 11, 2024 -
Conagra Brands to close Wisconsin Birds Eye plant and lay off 252 people
The packaged food giant said it regularly evaluates its production network to ensure it is “operating as effectively and efficiently as possible” in order to remain competitive.
By Christopher Doering • April 10, 2024