Corporate Operations: Page 139
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Coca-Cola expands brand's reach with UK craft mixers
The product, partly a response to the rise in popularity of mixed drinks, contains the classic soft drink and flavorings to blend with dark spirits such as whiskey, rum and bourbon.
By Cathy Siegner • May 6, 2019 -
Constellation continues on its premium spirits path with a majority stake in Nelson's Green Brier Distillery
The Tennessee-based craft whiskey distiller will be the first venture capital investment to be fully integrated into the international alcohol company.
By Cathy Siegner • May 3, 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
Insurgents vs. industry incumbents: How the food and beverage industry is reshaping itself for the woke consumer
Colin Elkins with IFS explores how ambitious companies can leapfrog industry giants by meeting consumer expectations of product transparency and sustainability.
By Colin Elkins • May 3, 2019 -
As Beyond Meat sizzles in Wall Street debut, pressure is on to maintain its red-hot growth
The plant-based meat producer is now worth nearly $4 billion and is being valued by the market more like a fast-growing tech company than a food manufacturer like Hormel or Tyson.
By Cathy Siegner • May 3, 2019 -
Retrieved from Walmart on May 03, 2019Column
Leftovers: Nickelodeon frozen treats are ready for slime time; Kidfresh hides more veggies
The Walmart exclusive is perfect for times when you don't want to take the physical challenge, and Coca-Cola's recycling program moves toward pomp and circumstance.
By Megan Poinski • May 3, 2019 -
Retrieved from TreeHouse Foods on July 01, 2016
TreeHouse to close Minnesota snack plant, cutting 120 jobs
The private label food manufacturer also announced it would sell its ready-to-eat cereal business to Post Holdings for an undisclosed amount.
By Christopher Doering • May 2, 2019 -
Q&A
GMA is transforming both its outlook and name, CEO says
In the second part of his interview with Food Dive, Geoff Freeman talks about the association's pivot to more storytelling, a focus on the supply chain and a better way to represent CPGs.
By Megan Poinski , Christopher Doering • May 2, 2019 -
Mondelez CEO to CNBC: We are exploring CBD snacks
Dirk Van de Put said while the hemp derivative might not work for family-centered brands like Oreo, it could be added to other items after the FDA provides clarity.
By Cathy Siegner • May 2, 2019 -
Q&A
GMA's CEO talks about the need to unite the food and beverage industry
Geoff Freeman, who took the helm of the Grocery Manufacturers Association in August, said the organization is more focused now after having lost its way.
By Megan Poinski , Christopher Doering • May 1, 2019 -
Cell-based shrimp startup Shiok Meats nets $4.6M in funding
The founders hope to scale production and have the company's lab-grown products available in select markets within two or three years.
By Cathy Siegner • April 30, 2019 -
Deep Dive
Why international investment is the lucrative path forward for food and beverage
While CPG companies like Tyson, Mondelez and Kellogg are thought of as all-American, M&A is helping them expand their reach — and revenues — across the globe.
By Jessi Devenyns • April 30, 2019 -
Lawsuit accuses 3G Capital, Kraft Heinz and execs of insider trading
The federal class-action lawsuit says that through information not widely available to the public, 3G Capital sold shares in the months preceding its recent disastrous earnings report, making $1.2 billion.
By Jessi Devenyns • April 30, 2019 -
Opinion
Success for food companies increasingly hinges on their ability to elevate human experiences
Peter Skarzynski and Kelly Weikel with Deloitte Consulting said CPGs should focus on connecting with consumers, offering good-for-you options and creating products that align with their values.
By Peter Skarzynski and Kelly Weikel • April 30, 2019 -
Retrieved from Kraft Heinz on April 26, 2019
Can The Pioneer Woman help boost Kraft Heinz?
Ree Drummond, the cookbook writer, blog author and Food Network host, is partnering with the CPG giant on a new condiment line.
By Cathy Siegner • April 29, 2019 -
Mondelez invests in Israeli food-tech incubator
After making three United States-based partnerships through its SnackFutures program, the snacking giant is now working with the Kitchen Hub.
By Jessi Devenyns • April 29, 2019 -
Consumers buy recalled products soon after they return to shelves, study says
Bakery and meat shoppers were the most likely to start purchasing these goods again, with seafood lovers being the least forgiving, according to Category Partners.
By Jessi Devenyns • April 26, 2019 -
Column
Leftovers: Babybel brings a new twist to Gen Z snacking; Oreo shoots for the moon
The cheese company rolls up on a snack to appeal to both kids and parents, and Jelly Belly aims for the gum aisle.
By Food Dive staff • April 26, 2019 -
Clara Foods' chicken-free egg protein may crack the market with funding, Ingredion partnership
The California company reportedly raised $40 million to invest in its proprietary yeast fermentation process that cuts down on the cost of functional proteins usually made from animals.
By Cathy Siegner • April 26, 2019 -
Lawsuit claims Tyson, Cargill and JBS fixed beef prices
The companies are accused of working together since 2015 to artificially reduce cattle supply while boosting their own profits — and hurting smaller producers.
By Lillianna Byington • April 25, 2019 -
Why did Tyson divest its 6.52% share in Beyond Meat?
The meat processing giant sold its stake — which has been estimated to be worth nearly $79 million — the week before the plant-based alternatives maker is scheduled to go public.
By Cathy Siegner • April 25, 2019 -
Opinion
Guerrilla marketing: How technology helped Big Food get munched
New upstarts are regularly eating legacy brands' lunch. Specialty Food Association President Phil Kafarakis looks at the reasons why, from better ingredients to more consumer-focused marketing.
By Phil Kafarakis • April 25, 2019 -
California soda tax bill stalled until next year
The measure would place a 2 cents per fluid ounce tax on sugary beverages, but it's unclear if it will become law.
By Lillianna Byington • April 24, 2019 -
Innovation helps soda makers improve sales, but will it last?
Much of the boost has come from diet drinks, which have benefited from recent product roll outs at Coca-Cola, including Coke Zero Sugar and Diet Coke Twisted Mango.
By Christopher Doering • April 24, 2019 -
Kraft Heinz considering Ore-Ida sale, report says
Sources told CNBC a divestiture of the brand that invented tater tots could bring up to $2 billion and may start the conversation for selling the CPG giant's entire frozen division.
By Megan Poinski • April 24, 2019 -
Inside Beyond Meat's $184M IPO plans
According to a filing submitted Monday to the Securities and Exchange Commission, the California-based maker of plant-based alternatives anticipates a market value of up to $1.21 billion.
By Cathy Siegner • April 23, 2019