Corporate Operations: Page 111


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    quaker oats
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    PepsiCo partners to sequence the oat genome for the 1st time

    The data, which the manufacturer of Quaker Oats is making available free for public use, could improve sustainability, taste and nutrition of the cereal grain.

    By July 2, 2020
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    USDA
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    Lawsuit accuses DFA leadership of 'extortion' and 'cartel' tactics after Dean Foods sale

    The complaint argues the U.S. dairy industry was facing a collapse before the pandemic because of the co-op and is now unfairly expanding its reach. DFA called the suit "ridiculous and without merit."

    By Lillianna Byington • July 2, 2020
  • 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
  • Coca-Cola sells Odwalla to investment firm

    Full Sail purchased the juice and smoothie product for an undisclosed amount from the beverage giant.

    By Jessi Devenyns • Updated Sept. 14, 2021
  • Constellation Brands buys DTC company Empathy Wines

    The upstart founded in 2019 produces high quality, sustainably made bottles sold through its e-commerce platform. The purchase price was not disclosed.

    By July 1, 2020
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    Christopher Doering
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    McCormick will run 24-hour operations after pandemic-driven home cooking depletes inventories

    Manufacturing capacity became "a pressure point," said McCormick's CEO, as demand surged and sales grew 26% year-over-year in the consumer segment. 

    By Emma Cosgrove • July 1, 2020
  • Unilever, tea, immunity, immune system
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    Permission granted by Unilever
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    Healthy food on the menu as coronavirus improves eating habits

    The pandemic has accelerated demand for plant-based meat and immunity-boosting products from companies such as Impossible Foods and Unilever.

    By July 1, 2020
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    Retrieved from Lyft on May 14, 2019
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    USDA predicts grocery prices will see their largest annual increase since 2011

    The average increase of 3% is due in part to the surge in demand for meat, poultry and fish caused by the pandemic.

    By Krishna Thakker • June 30, 2020
  • Breakfast sandwich made with Impossible Sausage
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    Courtesy of Impossible Foods
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    Why Impossible Sausage was designed for meat lovers, not vegetarians

    As the plant-based breakfast patty becomes available to any restaurant in the United States, company leaders talk about why they developed the product and what's coming next.

    By June 30, 2020
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    Constellation Brands
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    Constellation Brands trims spirits portfolio with $225M divestiture

    The marketer of Corona and Modelo Especial said it would sell its Paul Masson Grande Amber Brandy brand to the Sazerac Company.

    By June 29, 2020
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    Borden
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    Deep Dive

    ​Battling bankruptcy and a pandemic, Borden looks ahead

    Departing CEO Tony Sarsam spoke to Food Dive about the challenges and future prospects for the dairy processor. Its $340 million sale to Capitol Peak Partners and KKR was approved on Friday.

    By Lillianna Byington • June 29, 2020
  • Fresh Express bagged salad
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    Christopher Doering/Food Dive
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    Almost 700 sick in US and Canada in Fresh Express salad outbreak

    Federal health regulators are investigating the multi-state outbreak in the Midwest tied to Cyclospora. The products were sold at Aldi, Hy-Vee, Walmart and Jewel-Osco.

    By Jessi Devenyns • Updated July 28, 2020
  • Whole Foods' bottled water brand has 'concerning levels' of arsenic, Consumer Reports says

    The retailer's Starkey Spring Water, which was recalled three years ago because of elevated levels of the chemical element, has been called out by the organization before.

    By Jessi Devenyns • June 26, 2020
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    Permission granted by DiGiorno
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    Column

    Leftovers: DiGiorno delivers pizza with a croissant crust; Truly scoops hard seltzer-infused ice cream

    The Nestlé-owned brand is taking a page from cronuts with this new frozen pie, and Krispy Kreme is rolling out a line of doughnut bites at Walmart.

    By Food Dive staff • June 26, 2020
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    Retrieved from https://rhythmsuperfoods.com/press-releases/ on June 25, 2020
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    Sesajal takes minority stake in Rhythm Superfoods

    The plant-based snacks company will use the investment from the Mexico-based seeds and grains producer to expand capacity and increase marketing.

    By Jessi Devenyns • June 25, 2020
  • Tyson Foods to shutter South Carolina plant, lay off 150 workers

    The meat giant said the closure slated for August is not related to the pandemic and is a part of ongoing efforts to increase efficiencies.

    By Lillianna Byington • June 25, 2020
  • Custom illustration for Food Dive feature on baking trend during coronavirus pandemic
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    Adeline Kon/Food Dive
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    Deep Dive

    Flour power: How manufacturers helped baking become the hottest new trend

    Consumers stuck at home during the pandemic turned to their ovens for solace, but were met with empty shelves. Here's how companies plan to meet demand.

    By June 25, 2020
  • Aunt Jemima pancake mix
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    "Aunt Jemima" by Mike Mozart is licensed under CC BY 2.0
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    Deep Dive

    A historic reckoning with race leaves problematic food brands without an easy path forward

    Remaking Aunt Jemima or Uncle Ben, with characters baked into brand identity, will require heavy investments. A pandemic-related windfall could help.

    By Peter Adams • June 24, 2020
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    Christopher Doering
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    Dairy industry faces a slow recovery from the pandemic

    A new Rabobank report predicts higher sales at retail and lower ones in foodservice will converge and bring back a more normal balance, but there are still challenges ahead. 

    By Lillianna Byington • June 24, 2020
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    Christopher Doering
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    CPG consumption surges as coronavirus restrictions ease

    Credit Suisse said companies including B&G Foods and McCormick & Co. could be among the beneficiaries of this trend, while General Mills could be negatively impacted.

    By June 24, 2020
  • Eskimo Pie will rebrand to be 'part of the solution on racial equality'

    The near century-old ice cream bars will have a new name and packaging by the end of the year, parent company Dreyer's Grand Ice Cream said.

    By June 23, 2020
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    Permission granted by Hershey
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    Deep Dive

    How Hershey CEO Michele Buck came to create a 'snacking powerhouse'

    The food industry veteran has transformed the small-town maker of Kisses and Reese's through a series of acquisitions and innovation in core brands since taking over the 126-year-old company in 2017.

    By June 23, 2020
  • Heinz creates master brand identity
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    Retrieved from Jones Knowles Ritchie on June 18, 2020
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    Heinz unifies core products with 1st master brand refresh

    Since hitting shelves in the U.K. earlier in 2020, the visual identity has reached over 32 million customers and spurred an 11% average lift in sales volume.

    By Dianna Christie , Natalie Black (Koltun) • June 19, 2020
  • Runamok Maple
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    Courtesy of Runamok Maple
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    Column

    Leftovers: Runamok Maple gets a berry sweet new variety; plantain tortilla chips let snackers go Barnanas

    Strawberry Rose Infused Syrup brings a floral profile to summer dishes, and Chubby Organics develops a "no junk" (and no peanut) version of a children's lunchtime staple.

    By Food Dive staff • June 19, 2020
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    Chris Hondros via Getty Images
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    Barry Callebaut's webinar series educates on chocolate and wellness trends

    The ingredients company is hosting three online sessions to make up for in-person informational opportunities sidelined by the coronavirus pandemic.

    By June 18, 2020
  • 4 ingredients facing shortages amid the pandemic

    From mushrooms and garlic to carbon dioxide and yeast, coronavirus has led to supply concerns across the food and beverage industry around the world.

    By Lillianna Byington • June 18, 2020