Corporate Operations: Page 126
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Cargill develops a more sugar-like stevia ingredient
The company said it created a botanical extract that when combined with its EverSweet ​sweetener results in a solution that is up to 30% stevia.
By Cathy Siegner • Oct. 24, 2019 -
Retrieved from Daiya Foods on October 23, 2019
Inside Daiya's plan to become a global plant-based powerhouse
After the Canadian allergen-free brand was acquired by Japanese pharmaceutical Otsuka two years ago, it has expanded, improved and found a new consumer base.
By Megan Poinski • Oct. 23, 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 -
Why Strauss Brands canceled a Milwaukee slaughterhouse project
The beef, lamb and veal processor said it respects community opinion and doesn't want to expand to a place where it isn't wanted.
By Cathy Siegner • Oct. 23, 2019 -
USDA
Private equity firm completes purchase of Innophos for $932M
One Rock Capital Partners closed on its acquisition of the ingredients firm this week and ​in conjunction with the deal, Richard Hooper was appointed CEO.
By Jessi Devenyns • Updated Feb. 7, 2020 -
Molson Coors will launch CBD-infused water in Canada through joint venture
Flow Glow will be available across the country in December and is the first of six cannabis beverage brands from Truss Beverage Co., the beer giant's partnership with Hexo Corp.
By Cathy Siegner • Oct. 21, 2019 -
Will the instant Nestea relaunch be successful?
New Age Beverages is bringing powdered iced tea mix products back to the market through retail outlets and e-commerce.
By Cathy Siegner • Oct. 21, 2019 -
AB InBev claims MillerCoors stole secret beer recipes
A counterclaim in the lawsuit about a Super Bowl advertisement indicates MillerCoors's C-suite asked a former employee of the brewery that makes Bud Lite about the ingredients, processes and alcohol volumes of the beverage.
By Cathy Siegner • Oct. 21, 2019 -
Column
Leftovers: Ramen goes vegetarian; Baileys debuts red velvet Irish cream
Cece's Veggie Co. is swapping zucchini for the traditional wheat flour noodles, and Chobani is launching its second limited-edition charity flavor called Farmer Batch.
By Food Dive staff • Oct. 18, 2019 -
Danone's venture arm buys minority stake in plant-based Forager Project
The investment from the French food giant will enable the upstart to expand its portfolio, increase brand awareness and widen distribution.
By Cathy Siegner • Oct. 18, 2019 -
Nestlé aims to quench sagging water sales by restructuring
The Swiss food giant will shift from a globally managed business to a more localized one, bringing the company closer to the customer and allowing it to focus on higher-margin products.
By Jessi Devenyns • Oct. 18, 2019 -
More than 50% of consumers have never heard of pea protein, survey finds
Streetbees also found 36% of shoppers in the U.S. and the U.K. said the ingredient is environmentally friendly, while the same number said it's tasty.
By Cathy Siegner • Oct. 17, 2019 -
Why employees are leaving Big Food to work for Motif FoodWorks
With $117.5 million raised this year, Chief Commercial Officer Michele Fite told Food Dive the company is ramping up growth efforts while products are in R&D.
By Lillianna Byington • Oct. 17, 2019 -
Givaudan to cut at least 85 jobs as it closes two plants
The Swiss flavor manufacturer joins other food and beverage companies such as Kellogg, Dean Foods and Coca-Cola that have recently slashed jobs or closed plants.
By Lillianna Byington • Oct. 17, 2019 -
Mary Jane candies making a comeback in 2020
Once produced by Necco, the 105-year-old peanut and molasses chews are licensed to the Atkinson Candy Company.
By Jessi Devenyns • Oct. 16, 2019 -
Tyson shuts down production of Yappah upcycled snacks
The protein crisps were the company's first product launched from its Innovation Lab last year but failed to gain enough traction.
By Cathy Siegner • Oct. 16, 2019 -
Retrieved from Target on August 31, 2018
OpinionAppetizing investing in unbranded food manufacturers
Private label manufacturers offer opportunities for high valuations and rewarding returns, writes David Houser of Lincoln International.
By David Houser • Oct. 16, 2019 -
Kendall Davis/Food Dive
Tracking the plant-based protein movement
MyForest Foods gets a $15 million investment, and Beyond Meat launches smash burgers in foodservice.
By Nami Sumida, Lillianna Byington • Updated June 7, 2023 -
Kind expands better-for-you footprint with Creative Snacks Co. buy
The company's first acquisition — a family-owned nut, fruit and granola company — is in line with its current portfolio, but has the potential to expand product offerings and appeal.
By Jessi Devenyns • Oct. 16, 2019 -
Retrieved from Chobani on October 15, 2019
Chobani's secret to success: A 'restless' approach
President of the yogurt giant Peter McGuinness highlighted the company's dominant position in the space, noting that as "goes Chobani, so goes the category."
By Christopher Doering • Oct. 15, 2019 -
How Harbinger Ventures' new $21.7M fund will promote women-owned brands
The investment firm already made three investments with this latest round, including ghee startup 4th & Heart, wine subscription service Vinebox and personal care brand Cora.
By Jessi Devenyns • Oct. 11, 2019 -
Dean Foods leaves dairy trade group because of labeling stance
The company says the International Dairy Foods Association doesn't share one of its key priorities: opposing dairy terms on plant-based products.
By Cathy Siegner • Oct. 10, 2019 -
IFF partners with Neptune Wellness to bring CBD products to the US
The collaboration, which will expand the reach of both companies, comes despite regulatory uncertainty from the FDA.
By Cathy Siegner • Oct. 10, 2019 -
Can the new owner of Popchips bring the brand back to its heyday?
Private equity group VMG Partners bought the brand for an undisclosed amount, and it is the first in the firm's new Velocity Snack Brands accelerator platform.
By Jessi Devenyns • Oct. 10, 2019 -
Will Canopy Growth continue to drag down Constellation's earnings?
The alcohol giant exceeded expectations in its report last week, but revealed a $484.4 million loss on its cannabis investment. Analysts say that trend could continue in the near term.
By Lillianna Byington • Oct. 9, 2019 -
Canopy Growth buys majority stake in BioSteel Sports Nutrition
The all-cash purchase of 72% of the sports drink, protein and supplements company lays the groundwork to put CBD in future products.
By Cathy Siegner • Oct. 9, 2019
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