Corporate Operations: Page 122


  • Image attribution tooltip
    Pete and Gerry's
    Image attribution tooltip

    Pete and Gerry's Organics debuts reusable egg cartons

    About 500 of the sturdy containers have been purchased at Co-Op Food Stores in New Hampshire and Vermont, and the company plans to expand the program next year.

    By Jessi Devenyns • Dec. 18, 2019
  • Daring to disrupt: UK plant-based chicken company comes to US with $10M investment

    The non-GMO, five-ingredient product will be at retailers, restaurants and online in February through its partnership with Rastelli Foods Group.

    By Cathy Siegner • Dec. 18, 2019
  • 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
  • Image attribution tooltip
    Retrieved from Coca-Cola on December 16, 2019
    Image attribution tooltip

    Coca-Cola's Insiders Club provides a taste of new flavors — before they hit shelves

    The new subscription service, which will send 1,000 consumers a monthly shipment of new beverages — including Aha sparkling water and Coke Energy — sold out in three hours.

    By Lillianna Byington • Dec. 17, 2019
  • Coke reinstates global CMO role in bid to unify marketing, operations

    The role was scrapped just two years ago, with duties shifting to Chief Growth Officer Francisco Crespo, who will retire next year.

    By Peter Adams • Dec. 16, 2019
  • Danone Waters accelerates push toward carbon neutrality

    Four of the company's water brands, including Evian, have committed to reaching net zero carbon emissions by 2030.

    By Jessi Devenyns • Dec. 16, 2019
  • Image attribution tooltip
    BJ's
    Image attribution tooltip

    Pricing pressures will curtail earnings growth for US packaged food companies in 2020, Moody's says

    The financial services company also forecast a slowdown in M&A for the CPG space but notes other drivers, such as premiumization and increasing prices, will drive industry expansion.

    By Jessi Devenyns • Dec. 16, 2019
  • IFF to buy DuPont's nutrition business in $26.2B deal

    The companies said the merger, which they expect to close in the first quarter of 2021, would create an entity with a dominant position in everything from tastes and textures to soy proteins and probiotics.

    By Dec. 16, 2019
  • Image attribution tooltip
    Mars Wrigley
    Image attribution tooltip
    Column

    Leftovers: Snickers turns white at Christmas; Eat Sobar, stay sober

    Mars Wrigley dips its signature peanut and caramel bar into a new type of chocolate, and Angry Orchard partners with Tipsy Scoop to make ice cream that is quite literally intoxicating.

    By Food Dive staff • Dec. 13, 2019
  • Image attribution tooltip
    Nutriati
    Image attribution tooltip

    Nutriati plant-based ingredients company receives $12.7M from private equity

    In a gluten-free market with fierce competition, two private equity firms are betting on Artesa flour to become a preferred brand. 

    By Jessi Devenyns • Dec. 12, 2019
  • Image attribution tooltip
    Blue Pacific
    Image attribution tooltip

    McCormick and Blue Pacific partner to launch better tasting powdered drinks

    The FlavorCell technology offers non-GMO, natural flavors that can extend shelf life and be used in beverages, confectionery and bakery products.

    By Jessi Devenyns • Dec. 12, 2019
  • Image attribution tooltip
    Friendly's
    Image attribution tooltip

    FDA sends warning letter after listeria found in a Friendly's ice cream factory

    No illnesses or contaminated products have been reported, but inspectors found the same bacteria strain in the facility owned by Dean Foods in 2017.

    By Lillianna Byington • Dec. 12, 2019
  • Image attribution tooltip
    Retrieved from Nestle on December 11, 2019
    Image attribution tooltip

    Nestlé sells US ice cream business to joint venture in $4B deal

    The brands, which include Edy's, Haagen-Dazs and Drumstick, will be purchased by Froneri, an ice cream-focused entity the company created in 2016.

    By Dec. 11, 2019
  • Image attribution tooltip
    Perfect Day
    Image attribution tooltip

    Perfect Day closes $140M funding round

    Having raised more than $200 million total, the animal-free dairy protein startup plans to announce commercial partnerships for its products early in 2020.

    By Dec. 11, 2019
  • PepsiCo CMO leaves amid beverage giant's marketing resurgence

    Roberto Rios departs for Schwan's Company at a time when larger investments in media and advertising are bolstering the snack and soft drink maker's bottom line.

    By Peter Adams • Dec. 10, 2019
  • Image attribution tooltip
    Retrieved from Amazon on December 10, 2019
    Image attribution tooltip

    Nestlé looks to functionality and caffeine to refresh its water business

    As sales in the category struggle, the Swiss company will introduce two new lines of the bottled beverage in 2020, Poland Spring energy water and Nestlé Pure Life Plus.

    By Jessi Devenyns • Dec. 10, 2019
  • Storytelling is the top product trend for 2020, Innova says

    The market research firm found companies that establish dialogues with their consumers are the most likely to connect and forge long-term loyalty.

    By Jessi Devenyns • Dec. 10, 2019
  • Image attribution tooltip
    Public Domain Pictures
    Image attribution tooltip

    Canopy Growth taps Constellation Brands' David Klein as CEO

    Mark Zekulin, who became the sole chief executive of the cannabis company when Bruce Linton ​was fired from his position earlier this year, will be stepping down this month.

    By Lillianna Byington • Dec. 9, 2019
  • Dive Awards

    Disruptor of the Year: Beyond Meat

    The company made 2019 the year of the plant-based burger with products appearing in grocery stores and restaurants nationwide and one of the year's hottest IPOs, which turned the eyes of many toward the segment.

    By Dec. 9, 2019
  • Image attribution tooltip
    Adeline Kon/Food Dive
    Image attribution tooltip
    Dive Awards

    The Food Dive Awards for 2019

    From Chobani's innovation in yogurt to Beyond Meat's plant-based disruption, these are the companies and executives that shaped the food industry this year.

    Dec. 9, 2019
  • Image attribution tooltip
    Retrieved from Chobani on October 15, 2019
    Image attribution tooltip
    Dive Awards

    Company of the Year: Chobani

    During the last year, the yogurt giant has accelerated innovation beyond its signature Greek variety, expanding into offerings made with plants, oats and nut butters.

    By Dec. 9, 2019
  • Image attribution tooltip
    Keebler/Ferrero
    Image attribution tooltip
    Dive Awards

    Deal of the Year: Ferrero buys Kellogg's cookie brands

    The $1.3 billion deal brings Keebler and Famous Amos to the maker of Nutella and Ferrero Rocher's portfolio, while the cereal CPG giant can focus on its core business.

    By Lillianna Byington • Dec. 9, 2019
  • Image attribution tooltip
    Ceria
    Image attribution tooltip
    Dive Awards

    Startup of the Year: Ceria Brewing Co.

    After launching last year, the fast-growing company has unveiled a lucrative THC-infused craft beer, expanded distribution and debuted a trendy non-infused nonalcoholic ale.

    By Lillianna Byington • Dec. 9, 2019
  • Image attribution tooltip
    Retrieved from Coca-Cola on October 23, 2019
    Image attribution tooltip
    Dive Awards

    Executive of the Year: James Quincey, Coca-Cola

    Since he became CEO in May 2017, Quincey has added coffee, sports drinks and sparkling water to its portfolio while innovating some of its key brands such as Diet Coke.

    By Dec. 9, 2019
  • Image attribution tooltip
    White Claw / Impossible / Kind
    Image attribution tooltip

    White Claw, Impossible Foods and Kind Snacks are among 2019's fastest growing brands

    The food and beverage industry dominated Morning Consult's annual rankings, with 11 of the top 20 spots going to CPG brands and delivery services.

    By Lillianna Byington • Dec. 5, 2019
  • Image attribution tooltip
    Flickr
    Image attribution tooltip

    Barry Callebaut sourcing more than half of its ingredients sustainably

    Antoine de Saint-Affrique, CEO of the chocolate leader, said the company is "well on track" to have 100% produced this way by 2025.

    By Jessi Devenyns • Dec. 5, 2019