Corporate Operations: Page 124


  • Molson Coors invests in L.A. Libations beverage incubator

    The beer giant reportedly took a 49% stake in the company that has served as an accelerator for brands such as BodyArmor and Core Nutrition.

    By Cathy Siegner • Nov. 19, 2019
  • Marfrig Global Foods increases its stake in National Beef Packing

    After purchasing a majority share last year, the Brazilian meat producer bought the rest of Jefferies Financial Group's stake for $860 million. It now owns 81.7% of the U.S. company.

    By Jessi Devenyns • Nov. 19, 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
    Quaker Oats
    Image attribution tooltip

    Why was Quaker Oat Beverage discontinued?

    The PepsiCo brand may have failed because of its packaging, name, health claims — or its taste.

    By Jessi Devenyns • Nov. 18, 2019
  • Image attribution tooltip
    Retrieved from Chobani on November 11, 2019
    Image attribution tooltip

    Chobani goes all oat with new yogurt and milk launches

    After disrupting the category 12 years ago with its Greek offering, the company is now using the cereal grain to strengthen its market dominance, while adding milk and a dairy creamer.

    By Nov. 18, 2019
  • Image attribution tooltip
    USDA
    Image attribution tooltip

    China resumes US poultry imports after 4-year ban

    The resumption of shipments to the communist country, which ended in 2015 following an avian flu outbreak in the U.S., could be worth more than $1 billion annually, according to the USTR.

    By Cathy Siegner • Nov. 15, 2019
  • Layn develops a sweeter variety of monk fruit

    The company's Super V Fruit can help manufacturers with sugar reduction and limit the land, water and other resources needed for production.

    By Cathy Siegner • Nov. 14, 2019
  • Image attribution tooltip
    Kali-Extracts
    Image attribution tooltip

    Nextleaf Solutions secures US patents for CBD extraction and purification

    In Canada, the company has gone a step further, partnering with BevCanna Enterprises​ to launch cannabis drinks.  

    By Lillianna Byington • Nov. 14, 2019
  • Nielsen expands analytics partnership with General Mills

    The data firm's Global Connect platform will support the CPG company's framework as the food and retail landscape becomes more competitive, fragmented and digital.

    By Cathy Siegner • Nov. 14, 2019
  • Image attribution tooltip
    Symrise
    Image attribution tooltip

    Symrise to open innovation center at Unilever HQ in the Netherlands

    The flavor producer said the integrated product development facility will allow more scientific collaboration with the CPG giant on trendy foods.

    By Cathy Siegner • Nov. 14, 2019
  • Image attribution tooltip
    Retrieved from PepsiCo on November 13, 2019
    Image attribution tooltip

    Pepsi debuts limited-edition non-alcoholic sparkling rosé cola

    The soda giant is teaming up with the TV network Bravo to launch the trendy beverage this weekend at its inaugural convention in New York City.

    By Cathy Siegner • Nov. 14, 2019
  • Image attribution tooltip
    Arctic Summer/White Claw/Truly
    Image attribution tooltip
    Deep Dive

    After the summer's hard seltzer spike, will the segment lose its fizz?

    This year, market leader White Claw saw exploding sales and even a shortage — and legacy brewers are trying to cash in on what they hope is a lasting trend.

    By Lillianna Byington • Nov. 14, 2019
  • Deep Dive

    Does the beef against beef make financial sense?

    As the holidays approach, plant-based protein companies are making a play for the dinner table.

    By Barbara Ballinger • Nov. 13, 2019
  • Tyson: Current market makes accurate forecast impossible

    A deadly disease affecting the global hog supply, unpredictable trade policy shifts and a fire in Kansas all made executives wary of predicting next year's earnings  — but it's not all bad news. 

    By Emma Cosgrove • Nov. 13, 2019
  • Image attribution tooltip
    Banza
    Image attribution tooltip

    Banza chickpea pasta raises $20M to expand its products, people and reach

    The company, which received the latest round of funding from Enlightened Hospitality Investors and Prelude Growth Partners, says it will be moving into food service next year.

    By Jessi Devenyns • Nov. 13, 2019
  • Image attribution tooltip
    Christopher Doering
    Image attribution tooltip

    Bolthouse Farms chief rebuilding company after 'wrong marriage' to Campbell Soup

    Jeff Dunn, who worked with a private equity firm to acquire the brand earlier this year, said the maker of fresh carrots and refrigerated juices is rapidly innovating and ideally positioned to benefit from demand for plant-based products.

    By Nov. 13, 2019
  • Image attribution tooltip
    Kona Brewing
    Image attribution tooltip

    AB InBev buys remaining stake in Craft Brew Alliance for $321M

    The beer giant, which announced the deal in November, said it would sell the Kona Brewing operations in Hawaii to "expedite the regulatory review process."

    By Updated June 16, 2020
  • Dean Foods files for bankruptcy and is in 'advanced discussions' for sale

    "Despite our best efforts to make our business more agile and cost-efficient, we continue to be impacted by a challenging operating environment," CEO Eric Beringause said in a release. 

    By Lillianna Byington • Nov. 12, 2019
  • Image attribution tooltip
    Mondelez
    Image attribution tooltip

    59% of adults prefer snacking to meals, Mondelez study finds

    According to the company's first-ever "State of Snacking" report, convenience and quality ranked as the top factors impacting choices.

    By Jessi Devenyns • Nov. 11, 2019
  • Image attribution tooltip
    FDA
    Image attribution tooltip
    Opinion

    Accuracy in food safety: Why good enough isn't good enough

    Even a system that catches pathogens 98% of the time could have huge cost and reputational repercussions for a brand, writes Clear Labs CEO Sasan Amini.

    By Sasan Amini • Nov. 11, 2019
  • Image attribution tooltip
    Retrieved from Coca-Cola on November 07, 2019
    Image attribution tooltip

    Coca-Cola's Aha moment: New sparkling water brand debuts in March

    The soda giant's first major launch since 2006 will replace Dasani Sparkling and be in eight fusion flavors, two with 30 mg of added caffeine.

    By Jessi Devenyns • Nov. 8, 2019
  • Maple Leaf is the first major food company to go carbon neutral

    The producer of meat and plant proteins said the move acknowledges the industry's impact on the environment and the need to reduce global greenhouse gas emissions to zero.

    By Cathy Siegner • Nov. 8, 2019
  • Image attribution tooltip
    Pixnio
    Image attribution tooltip

    A fungus among us: Food makers cuddle up to the much maligned mushroom

    From jerky to bars, the ingredient is being incorporated into more products by CPG companies wanting to tap into its numerous health benefits and meat-like qualities.

    By Nov. 7, 2019
  • How Siggi's plans to stay dominant in Icelandic yogurt

    CEO Carlos Altschul said the emergence of competitors has kept the brand focused on innovating and growing its market share, with new products expected to arrive on shelves later this year.

    By Nov. 7, 2019
  • Image attribution tooltip
    Retrieved from Chobani on November 07, 2019
    Image attribution tooltip

    Chobani Incubator salutes service with veterans cohort

    J. Lee Gourmet BBQ Sauce, Amore Congelato and Savor the Flavor will all be participating in a shortened version of the Greek yogurt's mentorship program.

    By Nov. 7, 2019
  • Millennial parents want ads to reflect equal roles, Kraft Heinz case study says

    The cohort finds traditional advertising to be the least influential channel.

    By Dianna Christe • Nov. 6, 2019