Corporate Operations: Page 117


  • Campbell Soup names head of its $4B snacking division

    The maker of Pepperidge Farm cookies and Goldfish crackers said starting March 9, CPG veteran Valerie Oswalt will oversee the segment responsible for nearly half of its sales. 

    By March 4, 2020
  • beer
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    Retrieved from Anheuser-Busch on March 02, 2020
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    Budweiser tries to energize sales with nitro-infused golden lager

    The beverage giant's offering taps into the premiumization trend while directing consumers to break beer protocols by shaking the can before pouring it down the middle of the glass.

    By March 4, 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
  • Impossible Foods slashes prices by 15% for distributors

    CEO Patrick Brown said the company has long had the goal of reaching price parity with ground beef, eventually costing less.

    By Emma Liem Beckett • March 3, 2020
  • Good Catch Plant Based tuna products
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    Courtesy of Good Catch
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    Why Bumble Bee is partnering with plant-based Good Catch Foods

    The legacy tuna producer may see this agreement to use its sales, delivery and logistics expertise to help the alternative seafood company as an opportunity for redemption. 

    By March 3, 2020
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    Lillianna Byington
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    Expo West postponed amid coronavirus fears

    New Hope Network plans to announce a new date for the show in mid-April and has set up a rebate fund of $5 million to help small businesses impacted by the change.

    By Lillianna Byington • March 3, 2020
  • Horizon Organic committed to becoming carbon positive by 2025.
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    Courtesy of Horizon Organic
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    Horizon Organic commits to a carbon-positive supply chain by 2025

    The company, which is part of Danone North America, said in a release it would be the first national dairy brand to achieve this status.

    By Cathy Siegner • March 3, 2020
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    Emma Cosgrove
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    Deep Dive

    CFO in the Know: Getting acquired in a 'snack-eat-snack' market

    Small food companies often form in hopes of acquisition by giants like Hershey or Mondelez. How can CFOs best help their companies prepare for such large-scale acquisitions?

    By Jane Thier • March 3, 2020
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    corona
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    Corona continues 'Coming Ashore' campaign amid coronavirus-related backlash

    The company said its loyal consumers understand there isn't a link between the deadly virus and its beer.

    By Robert Williams • March 2, 2020
  • NadaMoo released new sustainable packaging for its 15th anniversary in 2020.
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    Permission granted by NadaMoo
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    Don't have a cow: How NadaMoo has shaped non-dairy desserts

    As the Texas company turns 15, the coconut-based ice cream brand is doubling down on sustainability and growth — and continuing its crusade to save the world.

    By March 2, 2020
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    Megan Poinski
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    SodaStream names 1st US CMO as PepsiCo amplifies sustainability mission

    Matt Kahn previously served as VP of marketing at Heineken, where he helped develop Dos Equis' famous "Most Interesting Man" campaign.

    By Peter Adams • Feb. 28, 2020
  • Rebbl
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    Retrieved from Rebbl via Business Wire on February 28, 2020
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    Rebbl switches to 100% recycled and recyclable plastic bottles

    The maker of organic plant-based beverages said its new Green Packaging Initiative conserves resources and reduces materials going to landfills.

    By Cathy Siegner • Feb. 28, 2020
  • Opinion

    Will the United States lead the future of meat?

    If we do not remain open to new ideas — especially in terms of food production — we risk losing valuable ground, writes the Alliance for Meat, Poultry and Seafood Innovation.

    By Alliance for Meat, Poultry and Seafood Innovation • Feb. 28, 2020
  • Taco Bell released Cheddar Crisps, a baked cheese snack inspired by its hot sauce flavors.
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    Courtesy of Taco Bell
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    Column

    Leftovers: Taco Bell's new cheese snack is all crunch, no chip; 'The Bachelor' host offers a rosé

    The restaurant brand hits shelves with a keto-friendly offering inspired by its hot sauce flavors, and RXBAR bites into small-batch varieties.

    By Food Dive staff • Feb. 28, 2020
  • Barilla Protein+ Line
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    Courtesy of Barilla Group
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    Barilla swaps out eggs to make its Protein+ pasta plant based

    The offering, which was reformulated with semolina durum wheat, peas, lentils and chickpeas, has the same taste, texture and protein content as its previous version.

    By Cathy Siegner • Feb. 27, 2020
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    Ingredion
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    CPGs push collaboration with Ingredion to accelerate product development

    The ingredient company's CEO said food makers used to be "careful and cautious" when working with businesses like his, but pressure to innovate has made them more open, transparent and trusting.

    By Feb. 27, 2020
  • Chefs used BlueNalu's cell-based yellowtail in a variety of seafood preparations in a demo in December 2019.
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    Permission granted by BlueNalu
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    BlueNalu nets $20M to produce cell-based fish for a test market in 2021

    The San Diego-based company received money both from investors and strategic partners, and is getting prepared for eventual large-scale production.

    By Feb. 27, 2020
  • Women leaders are 'invisible,' but a new initiative looks to change that

    The Women on Boards Project aims to increase diversity on boards and kicks off with 20 private company partners, including Magic Spoon, Ancient Harvest, Alter Eco Foods and Velocity Snack Brands. 

    By Lillianna Byington • Feb. 27, 2020
  • Kerry acquires Spanish plant protein ingredients company

    The purchase of Pevesa Biotech will enhance the Irish taste and nutrition firm's position as more consumers look to curtail their meat consumption.

    By Cathy Siegner • Feb. 27, 2020
  • TreeHouse Foods logo with green squares around it
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    Retrieved from TreeHouse Foods on July 01, 2016
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    TreeHouse Foods reorganizes divisions in latest round of restructuring

    The company said it will create two units — meal preparation as well as snacking and beverages — to help it better meet the needs of retailers and position the private label giant for growth.

    By Feb. 27, 2020
  • Jif seeks to settle debate about the pronunciation of 'GIF'
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    Courtesy of The J. M. Smucker Company
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    Jif seeks to settle the debate about 'GIF' pronunciation

    Giphy teamed with the J.M. Smucker brand on a special jar of peanut butter that sold out on Amazon within hours.

    By Robert Williams • Feb. 26, 2020
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    Megan Poinski
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    Food manufacturers overhaul portfolios in bid to spur growth

    After years of multibillion dollar deals, companies like Conagra and Nestlé are focusing on acquiring smaller, trendier brands and selling divisions that don't meaningfully boost sales.

    By Feb. 26, 2020
  • Coca-Cola
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    Christopher Doering/Food Dive
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    Coca-Cola tests kombucha-like juice with less sugar

    The beverage giant, which is rolling out the product in grocery and convenience stores in Texas and California, developed the drink in conjunction with its Minute Maid brand. 

    By Feb. 26, 2020
  • Ellenos Greek yogurt
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    Permission granted by Konnect Agency
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    Kind founder invests $18M in yogurt brand Ellenos

    A co-founder of the Seattle-based company said Daniel Lubetzky's involvement will allow them to introduce more people to its products by scaling up across the country.

    By Cathy Siegner • Feb. 25, 2020
  • Mondelez completes acquisition of majority stake in sweet baked goods maker Give & Go

    The maker of Oreos and Ritz crackers said the deal will expand its reach in brownies and muffins while giving it more access to the fast-growing in-store bakery channel.

    By Updated April 1, 2020
  • Tofurky's Moocho brand is launching plant-based cheese spreads and shreds at Expo West 2020.
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    Courtesy of Tofurky
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    Tofurky spreads into plant-based cheese with Moocho launch

    The brand, which the meat alternative company created for its cheesecake line, will have shreds and spreads in grocery stores nationwide this summer.

    By Feb. 25, 2020