Corporate Operations: Page 125
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Consumer appeal brings Bananamilk maker Mooala $8.3M in funding round
The maker of organic and dairy-free beverages will use the money to expand into new markets, accelerate product development and hire employees.
By Cathy Siegner • Nov. 6, 2019 -
Quorn's secret to longevity in the meat alternative sector
The 34-year-old company, which estimates it has served 5 billion meals in 17 countries, started out as a sustainability project. It now makes items including meatless burgers, nuggets and fish sticks.
By Megan Poinski • Nov. 5, 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 -
Tyson will assess its deforestation risks
Sustainability-focused nonprofit Proforest will help the company look at its sourcing for cattle, palm oil, soy, timber, pulp and paper to develop its upcoming forest protection policy.
By Cathy Siegner • Nov. 4, 2019 -
Opinion
How regenerative agriculture and organic farming helps the earth
PBS recently published an article on how organic farming could worsen global warming, but General Mills' Shauna Sadowski​ writes it had omissions and misleading assertions.
By Shauna Sadowski • Nov. 4, 2019 -
Column
Leftovers: Candy corn gets a makeover; Halo Top launches premium version
Ferrara, which makes Brach's Candy Corn, introduced six new versions of the sweet, and Dwayne "The Rock" Johnson is launching his own brand of tequila.
By Food Dive staff • Nov. 1, 2019 -
Nestlé recalls cookie dough products for possible rubber contamination
The world's largest food company, which has identified and fixed the cause of the problem, said it is taking this step "out of an abundance of caution."
By Lillianna Byington • Nov. 1, 2019 -
Edible Arrangements to introduce line of CBD products
The company is launching hemp cannabidiol snacks and treats later this year under the Incredible Edibles brand, with its first retail store opening in 2020.
By Cathy Siegner • Nov. 1, 2019 -
Tetra Pak study ranks environment as top concern for consumers
The packaging company found the most successful brands will be those that can show they have a purpose and are making a positive contribution to society, in addition to having a good product.
By Jessi Devenyns • Nov. 1, 2019 -
Edlong and Radient Technologies to develop CBD ingredients
The flavor firm plans to combine its expertise with the Canadian company's background in extracting, purifying and manufacturing cannabis components.
By Cathy Siegner • Oct. 31, 2019 -
Halloween candy prices jump nearly 4%, report finds
Spending on the holiday treats will hit $2.7 billion this year, up 3.6% from 2018, with the average household forking over $21, IHS Markit found.
By Cathy Siegner • Oct. 31, 2019 -
Kraft Heinz beats expectations, but sales continue to slump
The CPG giant slowed its losses, with net sales down 4.8% compared to a year ago, but CEO Miguel Patricio laid out priorities to grow through fewer SKUs and smarter innovation.
By Megan Poinski • Oct. 31, 2019 -
Monster gives energy drinks a jolt with new oat milk blend variety
Facing increased competition from Coca-Cola and even Amazon, the beverage giant is under pressure to innovate its product offerings.
By Jessi Devenyns • Oct. 31, 2019 -
Beverage giants pledge $100M to capture more PET bottles with major recycling groups
Amid growing attention around single-use plastic waste, Coca-Cola, PepsiCo and Keurig Dr Pepper are funding a new voluntary effort. The Recycling Partnership and Closed Loop Partners will manage the initiative.
By E.A. Crunden • Oct. 30, 2019 -
Report: Awareness of water risks is rising in food and beverage, but more progress is needed
Sustainability nonprofit Ceres found 77% of 35 publicly traded food and beverage companies consider it to be a potential issue in financial filings, an increase from 59% two years ago.
By Cathy Siegner • Oct. 30, 2019 -
Molson Coors to cut up to 500 jobs in massive restructuring
The brewer also announced it will consolidate its North American headquarters to Chicago and change its name to reflect its decision to expand beyond beer.
By Christopher Doering • Oct. 30, 2019 -
Deep Dive
Why private equity firms are buying food and beverage brands
It's all about opportunity for return, helping brands get to the next level — and having something delicious in the portfolio, investors and analysts tell Food Dive.
By Megan Poinski • Oct. 29, 2019 -
Kind Snacks lays off 15% of its employees
The bar maker said 90 of its roughly 600 workers would lose their jobs before the end of the year in its sales, marketing and accounts management departments.
By Christopher Doering • Oct. 29, 2019 -
Yerba mate beverage maker Clean Cause gets $7M in funding round
The Texas-based maker of organic sparkling drinks will expand sales and marketing and add to the 6,000 locations where products are sold.
By Cathy Siegner • Oct. 28, 2019 -
Health-Ade Kombucha settles alcohol and sugar level lawsuits for $4M
The company denied any wrongdoing, but agreed to a formulation change and a warning statement on the bottle for the next year.
By Jessi Devenyns • Oct. 28, 2019 -
Deep Dive
How soda gets healthy: Remaking the classic beverage with less sugar, more benefits
The drink has long been panned for its association with diseases, but upstarts are trying to redefine the category.
By Christopher Doering • Oct. 28, 2019 -
Kellogg agrees to $20M settlement of 'healthy' sugary cereal lawsuit
The cereal maker denies any wrongdoing, and it's unclear if this will set a precedent for other manufacturers — many of which are dealing with similar cases.
By Jessi Devenyns • Oct. 25, 2019 -
Kraft Heinz's VC arm invests in cannabis software startup Flowhub
Evolv Ventures recently co-led a $23 million funding round for the Denver-based technology company, marking the food giant's first move into the trendy sector.
By Cathy Siegner • Oct. 25, 2019 -
Column
Leftovers: Rockettes-inspired cookies and gingerbread eggnog kick off the holiday season
Who cares that it's not even Halloween yet? It's two months before Christmas, meaning time for festive food and drink to come to grocery shelves.
By Food Dive staff • Oct. 25, 2019 -
Deep Dive
How retro candy brands are hitting the nostalgia sweet spot
Just in time for Halloween, Russell Stover and others are rethinking their marketing and positioning. Will consumers bite?
By Shane Schick • Oct. 24, 2019 -
PepsiCo rolls out its best known drinks for SodaStream
The launch, starting in Europe, is not surprising since the soft drink giant purchased the at-home carbonated water maker for $3.2 billion last year.
By Jessi Devenyns • Oct. 24, 2019
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