Corporate Operations: Page
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Adeline Kon/Food Dive
Operations meets marketing: Kraft Heinz's Ops Center breaks silos to tackle supply chain challenges
Collaboration between marketing and supply chain helped the manufacturer cut its SKU portfolio further and faster.
By Jen A. Miller • May 14, 2021 -
Retrieved from Coca-Cola.
Coca-Cola to discontinue sales of Coca-Cola Energy
The beverage giant said the decision to end sales in North America comes as it focuses its attention on other innovations such as Aha and its classic soda with coffee.
By Christopher Doering • May 14, 2021 -
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 -
Courtesy of Kellogg
Leftovers: Cheez-It takes the cake; Lay's turns up the heat with summer flavors
The sweet treat, to be sold in limited quantities, contains an entire box of Kellogg's popular cheese cracker, and Can-O-Que packages BBQ sauce made with beer in a can.
By Christopher Doering • May 14, 2021 -
Courtesy of Del Monte
Del Monte Foods taps into the popularity of bubble tea with its first retail offering
Its new product, Joyba Bubble Tea, builds on the success of the company's popular fruit cups that also use popping boba.
By Christopher Doering • May 13, 2021 -
Permission granted by Motif Foodworks
Motif FoodWorks gets access to plant-based meat and cheese texture enhancers
The company has gained exclusive use of the technology through its ongoing partnership with the University of Guelph and tech company Coasun.
By Megan Poinski • May 13, 2021 -
Permission granted by Canteen Spirits
Anheuser-Busch signs distribution agreement for Canteen Spirits RTD cocktails
AB InBev's innovation arm ZX Ventures also invested an undisclosed amount in the company that makes canned drinks with vodka and tequila.
By Lauren Manning • May 13, 2021 -
Courtesy of Upside Foods
Memphis Meats becomes Upside Foods as it pivots to a consumer focus
The world's first company dedicated to cell-based meat hopes to have chicken products approved and available by the end of this year.
By Megan Poinski • May 12, 2021 -
B&G Foods taps former JDE Peet's head as CEO
Kenneth "Casey" C. Keller, who led last year's merger of the two coffee companies and the subsequent IPO, will take his position on June 14.
By Megan Poinski • May 12, 2021 -
Courtesy of Nestle
Nestlé's Sweet Earth moves into snacking aisle with plant-based jerky
The offering will move the brand beyond burritos, bowls, pizzas and burgers and put it further into direct competition with Krave and Conagra's Gardein.
By Christopher Doering • May 12, 2021 -
Megan Poinski/Food Dive
Utz to buy chip supplier for $41M in move to cut costs and grow its brands
The acquisition of Festida Foods will improve production of the recently acquired On The Border brand while helping the company's expansion efforts in the Midwest.
By Christopher Doering • May 11, 2021 -
Permission granted by Vital Farms
Vital Farms targets convenience for the pandemic consumer with new Breakfast Bars
The second finished product for the publicly traded pasture-raised egg company goes on sale at Whole Foods and other retailers in August.
By Megan Poinski • May 11, 2021 -
Retrieved from Nuun.
Nestlé buys healthy sports hydration brand Nuun
The purchase is the latest move by CEO Mark Schneider to turn the Switzerland-based food giant into a leading brand in personal health and nutrition. Terms of the deal were not disclosed.
By Christopher Doering • May 11, 2021 -
Courtesy of Mondelez
From keto doughnuts to kelp, Mondelez aims to accelerate growth in well-being snacking
The inaugural class for its SnackFutures' CoLab includes entrepreneurs making everything from allergy-friendly and low-sugar offerings to plant-based crisps and vitamin-infused candy.
By Christopher Doering • May 10, 2021 -
Courtesy of Chobani
Chobani launches first-ever Fair Trade Certified yogurts
The CPG company and Fair Trade USA collaborated to build a platform for other dairy providers to work toward getting the seal on their own products.
By Lauren Manning • May 7, 2021 -
Courtesy of AriZona Beverages
ColumnLeftovers: Arizona Beverages puts a stake in ground coffee; Honest Tea warms up to yerba mate
The ready-to-drink iced tea maker sees potential in price-sensitive, small-batch roasts, and MadeGood enters the savory space with Star Puffed Crackers.
By Food Dive staff • May 7, 2021 -
Permission granted by Olam
Spice use to remain robust after COVID-19 as trends buoy demand, Olam executive says
While the rate of growth will ease, cooking at home, summer grilling and consumer interest in new flavors will push the category higher — and test the supply chain.
By Christopher Doering • May 6, 2021 -
Permission granted by Ferrara
Ferrara relaunches fruit snack brand to 'reinvigorate' the offering
The company is reintroducing the product under the name Funables and making changes to the ingredients and package design in an effort to boost stagnant sales.
By Christopher Doering • May 6, 2021 -
Permission granted by Ingredion
Ingredion partners with Amyris to offer its fermented Reb M sweetener
The companies also agreed to develop sustainably sourced, zero-calorie, nature-based sweeteners and potentially other types of fermentation-based food ingredients.
By Christopher Doering • May 6, 2021 -
Courtesy of PepsiCo
Rockstar celebrates hustle mentality in first global marketing platform since PepsiCo acquisition
Three short films depict various people on the daily grind, while PepsiCo is promoting an overhaul to the energy drink's visual identity and packaging.
By Peter Adams • May 5, 2021 -
Retrieved from Pete and Gerry's on May 06, 2021
Butterfly acquires organic welfare-focused egg producer Pete and Gerry's
The acquisition, for an undisclosed price, adds another mission-driven organic company to the private equity firm's portfolio.
By Lauren Manning • May 5, 2021 -
Courtesy of PepsiCo
PepsiCo launches functional sparkling water drink Soulboost
The beverage brand, which includes ginseng and L-theanine as ingredients, is the latest offering by the CPG giant aimed at making consumers feel better.
By Christopher Doering • May 5, 2021 -
Courtesy of Tattooed Chef
Tattooed Chef to acquire Mexican food maker for $35M
The plant-based company is expanding into Hispanic and Southwest offerings with the purchase of New Mexico Food Distributors and Karsten Tortilla Factory.
By Lauren Manning • May 5, 2021 -
Permission granted by Greenleaf Foods
Lightlife cleans up all of its labels
After a year of reformulating, all 19 products under the Greenleaf Foods banner have ingredient lists that are recognizable to consumers, which the company considers a necessity for plant-based food.
By Megan Poinski • May 5, 2021 -
Impossible Foods' GMO plant-based heme received proper approval, court rules
The knock down of the Center for Food Safety's challenge of the ingredient may be a sign of how questions about bioengineered food will be handled in the future.
By Megan Poinski • May 4, 2021 -
Courtesy of Picky Bars
Laird Superfood acquires snack maker Picky Bars for $12M
This is the first portfolio addition for the plant-based company since its IPO last year, furthering its expansion into a new category.
By Samantha Oller • May 4, 2021
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