Corporate Operations: Page 140
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Pernod Ricard to buy Italian premium gin brand Malfy
The French spirits company plans to acquire the brand from Biggar & Leith for an undisclosed price.
By Cathy Siegner • April 22, 2019 -
Mondelez takes minority stake in Hu through SnackFutures program
The company, which operates vegan and paleo-friendly snack brand Hu Products and runs New York City restaurant Hu Kitchen, fits into well-being and premium trends.
By Jessi Devenyns • April 22, 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 names AB InBev exec as its new CEO
Miguel Patricio will succeed Bernardo Hees as chief executive of the CPG giant on July 1, after nearly two decades in various roles at the world's largest brewer.
By Christopher Doering • April 22, 2019 -
Retrieved from Kraft Heinz on April 05, 2019
When it comes to popular condiments, simple is better
Despite a noticeable jump in the popularity of ethnic cuisines, shoppers still show a strong preference for plain and original options in products like mayonnaise, mustard and ketchup.
By Jessi Devenyns • April 18, 2019 -
How Barry Callebaut developed a way to truly taste chocolate
The method relies on all five senses to describe the confection, using a descriptive wheel to communicate its precise flavor and experience.
By Megan Poinski • April 18, 2019 -
Stryve Biltong's $16.5M funding round will bulk up marketing and operations
The meat snack maker, which said it has had "explosive growth" with products in more than 7,500 stores, also is bringing industry veterans to its board and leadership team.
By Cathy Siegner • April 18, 2019 -
How Mars Wrigley keeps Easter candy hopping
The nation's largest confectioner has been planning for this year's holiday since 2016. The company's head of seasonal marketing Chris Brody tells Food Dive about what's new — and what's never changing.
By Megan Poinski • April 18, 2019 -
Silk rallies support to make sustainability-focused 'plogging' an Olympic sport
The Danone brand is pushing the combination of jogging and picking up litter to burnish its B Corp credentials.
By Laura Klepacki • April 17, 2019 -
Constellation takes minority stake in mezcal label El Silencio
In another move toward high growth products, the alcohol giant is making its first venture investment in the trendy agave-based spirit with this craft brand.
By Jessi Devenyns • April 17, 2019 -
Inside The Hatchery: Chicago's food incubator is laying a foundation for industry growth
The new 67,000-square-foot facility is open for business with ingenuity from entrepreneurs and several partnerships with big food companies including PepsiCo, Conagra Brands and Kellogg.
By Megan Poinski • April 17, 2019 -
Edible insects, CBD and cell-cultured meat: Regulating the future of food
Lawyers and former FDA and USDA regulators gathered to discuss the future of these trends and how the government could decide to regulate them.
By Lillianna Byington • April 16, 2019 -
Saputo interested in acquiring Dean Foods, report says
Canada's largest dairy producer is looking at its largest American competitor as well as Kraft Heinz's Breakstone's brand, The Globe and Mail reports.
By Jessi Devenyns • Updated July 1, 2019 -
Beyond Meat enters prepared meal delivery with Trifecta partnership
The California-based organic food company is adding the popular Beyond Burger and other plant-based products to its service offered to consumers nationwide.
By Cathy Siegner • April 15, 2019 -
Danone sells organic salads business Earthbound Farm
The French food giant did not disclose details, but said the divestment of the former WhiteWave brand to Taylor Farms was part of its "portfolio management and capital allocation optimization strategy."
By Cathy Siegner • April 12, 2019 -
FDA
Tyson's VC arm invests in Clear Labs food safety tech
The company uses a robotic platform to detect pathogens and can get results in 24 hours, compared to the standard three to five days.
By Cathy Siegner • April 12, 2019 -
Retrieved from Amazon on April 11, 2019
As Amazon launches into energy drinks, how will Monster respond?
The beverage company's shares were down more than 4% following the news of Solimo Energy Drinks, but bounced back later in the day.
By Cathy Siegner • April 12, 2019 -
Campbell Soup sells Bolthouse Farms to former CEO's private equity firm for $510M
This is the latest divestment expected to go through for the soup giant, which is paring down its portfolio to get its finances back on track.
By Jessi Devenyns • Updated April 12, 2019 -
Column
Leftovers: Brach's parties like it's 1999 this Easter; Mars Wrigley offers a sweet internship
An all-purple bag of jelly beans pays tribute to the memory of Prince, while Dunkin' and Harpoon Brewery solve the summer dilemma: cold beer or cold coffee?
By Food Dive staff • April 12, 2019 -
Cheese yields and structure enhanced with Chr. Hansen's new innovation
The Danish ingredients powerhouse made a "small but crucial change" to one of its existing enzymes. It is seeking regulatory approval for it to be used around the globe.
By Cathy Siegner • April 11, 2019 -
Fruit-based ingredient could replace refined sugar in RTE cereals
Gat Foods debuted Fruitlift that uses apples, bananas, mangoes and pineapples to create a liquid that can be added to the morning staple.
By Cathy Siegner • April 11, 2019 -
Hormel wins advertising lawsuit over 'natural' term on its meats
The court found if the USDA allows the word on labels, then the manufacturer should be able to use that same terminology in its marketing.
By Jessi Devenyns • April 11, 2019 -
Retrieved from General Mills on April 10, 2019
Cascadian Farm releases limited-edition Kernza cereal amid crop challenges
The General Mills-owned brand produced just 6,000 boxes with the wheat relative, which has a sweet and nutty taste and is better for the environment.
By Cathy Siegner • April 11, 2019 -
Co-founders of cricket protein bar company Exo branch out into cereal
Gabi Lewis and Greg Sewitz launched Magic Spoon to overhaul a category they described as "stale yet massive" by using nostalgic branding and a better-for-you nutritional profile.
By Cathy Siegner • April 11, 2019 -
Yogurt sales tumble after a decade of growth
The decline may be attributed to the fact that consumers have more choices than ever, including plants-based, low-sugar and Icelandic, French and Australian options.
By Cathy Siegner • April 10, 2019 -
Nestlé's cold cuts business could attract interest from Smithfield, Tyson Foods
The sale of the Swiss company's Herta Charcuterie may be valued between $800 million to $1 billion, sources told Bloomberg.
By Jessi Devenyns • April 10, 2019
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