Corporate Operations: Page 134
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DSM, Avril partner on non-GMO canola protein
The new product, which may be commercially available by the end of 2021, could be used in meat and dairy alternatives as well as bars.
By Cathy Siegner • July 11, 2019 -
Not chickening out: McCain leads $7M investment and will manufacture plant-based Nuggs
The startup pledges to constantly update its product formulation based on consumer feedback.
By Jessi Devenyns • July 10, 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 -
Opinion
3 tips for scaling your growing food business with a co-packer
This partnership can be an effective way to add production capacity, but doing it right can be tricky. Dori Brewer and Emily Klick of Perkins Coie offer tips for a mutually beneficial agreement.
By Dori Brewer and Emily Klick • July 10, 2019 -
Ghee startup 4th & Heart raises $7.6M to expand distribution
The brand is also using the money to launch a protein bar called Woke, which features grass-fed collagen ghee protein and whole eggs.
By Jessi Devenyns • July 9, 2019 -
TreeHouse Foods sells its snacks division to Atlas Holdings for $90M
The sale involves one of the largest manufacturers of private label healthy snacks, and the company plans to use proceeds to pay down debt.
By Lillianna Byington • Updated Aug. 1, 2019 -
Can Agile development help Campbell Soup improve sales?
The company used the popular programming methodology to quickly develop and market Epic Crunch Goldfish crackers — and wants to do the same with soup.
By Cathy Siegner • July 9, 2019 -
Retrieved from Nestle on July 08, 2019
Nestlé develops recyclable paper packaging for Yes snack bars
The Swiss company may eventually use it for Kit Kat bars and other products, according to Reuters, once they can get a sufficient amount of the specially coated material.
By Cathy Siegner • July 8, 2019 -
PepsiCo partners with Lavazza on ready-to-drink iced cappuccino
The product launch comes after Coca-Cola, which purchased Costa Coffee in January, launched its own RTD line under the newly acquired brand.
By Jessi Devenyns • July 8, 2019 -
Canopy Growth co-CEO Bruce Linton fired from cannabis company
The sudden departure, which follows disappointing quarterly results, comes eight months after Constellation Brands spent $4 billion to purchase a 38% stake in the business.
By Lillianna Byington • July 3, 2019 -
Mondelez' SnackFutures uses startup strategies to test new products
The company's innovation arm is using Kickstarter, Instagram ads and other launch tactics popular with smaller companies to promote Dirt Kitchen and CaPao snacks.
By Cathy Siegner • July 3, 2019 -
Dean Foods expands borrowing base to $265M
CEO Ralph Scozzafava said the move would enhance financial flexibility and liquidity for the Dallas-based milk and dairy products processor and distributor.
By Cathy Siegner • July 2, 2019 -
Oatly stops advertising 'no added sugars' after challenge from Campbell
The legacy company argued Oatly's claims were misleading because its production process breaks down oat starch into simple sugars.
By Cathy Siegner • July 2, 2019 -
Nestlé's Toll House quietly introduces edible cookie dough
Despite no formal announcement, the company acknowledged the product's debut by tweeting in response to reports on news sites and Instagram.
By Cathy Siegner • July 2, 2019 -
Opinion
Beyond Meat and Impossible Foods: First mover advantage in a rapidly growing market
Since its IPO in May, the price for shares in the company known for its plant-based burgers have taken off. Jeff Robards of Alantra looks at the two giants in the space and their potential future performance.
By Jeff Robards • July 1, 2019 -
Mars to buy majority stake in functional food business Foodspring
The maker of M&Ms, Snickers and Twix has been quietly boosting its profile in targeted nutrition through its Mars Edge division that it started in 2017.
By Cathy Siegner • July 1, 2019 -
Coca-Cola wins energy drink arbitration case against Monster
After eight months of legal battles, courts are permitting the soda giant to sell its new name-brand beverages in global markets.
By Jessi Devenyns • July 1, 2019 -
AB InBev purchases The Fat Jewish's Babe Wine
The beer maker's ZX Ventures arm is acquiring the remaining stake in the canned wine maker for an undisclosed sum as it looks for new avenues of growth beyond its signature brews.
By Jessi Devenyns • July 1, 2019 -
Retrieved from PepsiCo on June 27, 2019
PepsiCo will test Aquafina in aluminum cans
The beverage giant also pledged to switch its bubly brand to all cans and move its Lifewtr products to 100% recycled plastic by the end of 2020.
By Cathy Siegner • June 28, 2019 -
DuPont develops natural egg white replacement for plant-based meats
The company said the ingredient for burgers, sausages and cold cut substitutes improves taste and texture, and eliminates the risk of salmonella or avian flu.
By Cathy Siegner • June 27, 2019 -
Advocacy group pushes for cancer warning on alcohol labels
Similar to tobacco, the Consumer Federation of America said the government should give the public the information it needs to make informed decisions about whether to drink these popular beverages.
By Jessi Devenyns • June 27, 2019 -
As DOJ investigates price-fixing against chicken industry, do criminal charges loom?
Tyson Foods, Sanderson Farms and Pilgrim's Pride are among the processors who have denied claims from retailers, restaurants and others accusing them of colluding to keep prices high.
By Lillianna Byington • Updated June 27, 2019 -
Kombucha brand Better Booch raises $2.5M to expand distribution
The funding comes as more channels carry the refrigerated drink and other fermented beverages in the category despite evidence they're not selling as fast as before.
By Cathy Siegner • June 27, 2019 -
Opinion
How smart brands are redefining convenience
Accenture's Laura Gurski said it's all about doing the small things right such as focusing on detail and using digital technology to tailor a product to each individual.
By Laura Gurski • June 27, 2019 -
Ingredion rolls out line of clean-label texturizing starches
The new ingredients help food and beverage manufacturers make natural labeling claims and produce items with better shelf life and stability.
By Cathy Siegner • June 27, 2019 -
Unilever lays off 300 with ice cream plant closure
The Nevada factory will cease operations next month as the work gets moved to other states.
By Megan Poinski • June 26, 2019
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