Corporate Operations: Page 131
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Chickpea snack maker Biena raises $8M to drive brand growth
The company will use the money to expand sales, distribution and marketing efforts for its roasted snacks and a new line of puffs.
By Cathy Siegner • Aug. 15, 2019 -
Opinion
How FDA considerations impact food and beverage acquisitions
When considering buying a company, these three lawyers argue that potential buyers should pay particular attention to regulatory requirements.
By Allison Fulton, Ariel Yehezkel and Allison Wu Troianos • Aug. 15, 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 -
Kraft Heinz's restructuring efforts eliminate 400 more jobs in 2019
The CPG giant says these cuts are the end of a larger effort started last year that mostly impacted workers in other countries.
By Jessi Devenyns • Aug. 15, 2019 -
BrightFarms names new CEO to lead expansion
Founder Paul Lightfoot will maintain the role of president of the company as it continues to scale nationally.
By Jennifer Sweeney • Aug. 15, 2019 -
Tyson shifts production after plant fire to 'keep supply chain full'
A dip in processing capacity will likely manifest in a depleted and pricier spot market for beef, according to consultants.
By Emma Cosgrove • Aug. 14, 2019 -
RXBAR moves into the hot cereal segment with oatmeal cups
The company's single-serve RX A.M. Oats are gluten-free and will use the same ingredients as its popular bars.
By Cathy Siegner • Aug. 13, 2019 -
Opinion
Food for thought: From outer space to the kitchen table
With advances in technology, a growing population and shifting consumption habits, Anthony DeLio with Ingredion says the food industry needs to become more agile to address changing consumer demands.
By Anthony DeLio • Aug. 13, 2019 -
Bumble Bee considers bankruptcy following price-fixing charge
After the company and its competitor StarKist pleaded guilty to conspiring to raise the cost of canned tuna for U.S. customers, both businesses were hit with substantial fines.
By Jessi Devenyns • Aug. 12, 2019 -
Hostess to move its corporate headquarters from Missouri to Kansas
The maker of Twinkies and Ding Dongs, which will receive tax incentives and credits for the move, also will build a consumer research center next to its new office.
By Cathy Siegner • Aug. 12, 2019 -
Adeline Kon/Food Dive
Deep DiveFood and beverage veterans make an exodus to cannabis
Despite regulatory complications, more executives have been recruited to the trendy space in recent months.
By Lillianna Byington • Aug. 12, 2019 -
AB InBev takes another shot at the hard seltzer category
The world's largest brewer is introducing Natural Light Seltzer in a bid to attract college-age fans of the brand, but with a lower price and higher ABV than other products in the segment.
By Cathy Siegner • Aug. 12, 2019 -
3 trends in food and beverage packaging
They say you can't judge a book by its cover, but many consumers judge products by their packages. Food Dive and Grocery Dive took a look at three trends in packaging today.
By Food Dive and Grocery Dive staff • Aug. 9, 2019 -
3 investments food and grocery companies are making for the future
As food and grocery companies head into the future, they are exploring new technologies and new ideas to push their industries forward. Food Dive and Grocery Dive looked at specific places that are seeing interest and investment.
By Food Dive and Grocery Dive staff • Aug. 9, 2019 -
Column
Leftovers: Atomik vodka creates a nuclear reaction; Twinkies shoots for the moon
Scientists created artisanal spirits made from crops grown near Chernobyl, and The Coffee Bean & Tea Leaf is celebrating the anniversary of "Friends."
By Food Dive staff • Aug. 9, 2019 -
AB InBev buys craft brewer Platform Beer
As sales of its signature beers decline, the company has been adding smaller producers to the fold, including Goose Island, Devils Backbone and Wicked Weed.
By Cathy Siegner • Aug. 9, 2019 -
Tyson looks to robotics for the future of meatpacking
Engineers at the Arkansas pork, beef and poultry giant are working to create robots that will ease staff shortages and do jobs that may be dangerous or highly repetitive.
By Jessi Devenyns • Aug. 9, 2019 -
Report: DuPont may sell its food additives and ingredients unit for $20B
The fast-growing division could be an attractive target for companies such as Kerry Group or International Flavors & Fragrances, Bloomberg reported.
By Christopher Doering • Aug. 8, 2019 -
As Kraft Heinz stock drops to its lowest-ever price, CEO lays out ambitious improvement plans
Sales, earnings and revenues all declined and a $1.2 billion writedown was tallied as the CPG giant withdrew its future guidance. Its new leader vowed to return the company to both top- and bottom-line growth.
By Megan Poinski • Aug. 8, 2019 -
Diageo takes majority stake in nonalcoholic spirits brand Seedlip
The alcohol giant initially invested in Seedlip in 2016, which marked its first stake in a teetotaling brand of distilled spirits.
By Cathy Siegner • Aug. 8, 2019 -
New Arizona Beverages partnership will create THC-infused goods
By licensing its brand name for products using one of the industry's trendiest ingredients, the iced tea maker hopes to reinvigorate sales, which have slid over the last few years.
By Jessi Devenyns • Aug. 8, 2019 -
Chapul exits insect protein bars after co-packer goes out of business
While the Utah company didn't rule out a return to the space, it will now turn its attention to raising fly larvae for fish and poultry feed.
By Cathy Siegner • Aug. 8, 2019 -
Dean Foods stock down more than 30% in a day as earnings continue to drop
The beleaguered milk processor blamed some of its $64.5 million net loss in Q2 on a consumer shift to more water products and plant-based beverages.
By Cathy Siegner • Aug. 7, 2019 -
Post Holdings invests in demand planning to cut costs
Several brands within its portfolio share similar supply chain attributes — like sourcing and processing — that haven't been combined, creating the potential for significant savings.
By Emma Cosgrove • Aug. 7, 2019 -
Kellogg to lay off 108 employees in Atlanta plant shutdown
"While this decision is the right thing to do for our business, it is never an easy decision to make when people are impacted," spokesperson Kris Bahner told Food Dive.
By Lillianna Byington • Aug. 6, 2019 -
Tyson's plant-based nuggets to launch in 4,000 stores next month
"This kind of quick start demonstrates the capabilities and scale and national reach" of the company, CEO Noel White said on an earnings call.
By Cathy Siegner • Aug. 6, 2019
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