Corporate Operations: Page 149
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Sam Adams to buy Dogfish Head for $300M
The two brewers said the transaction, which is expected to close before July, will better position the company to compete against global beer conglomerates in the craft space.
By Christopher Doering • May 10, 2019 -
Opinion
How CPG companies reinvent manufacturing to improve efficiency
Companies can overcome barriers to innovation by examining legacy equipment and applying the latest techniques to adapt machines, argues David Russell of PA Consulting.
By David Russell • May 9, 2019 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Coca-Cola's contracts with researchers reserved the right to kill studies
The University of Cambridge found evidence of the soda giant striking agreements with five public universities to give it the ability to review and "quash" health studies.
By Jessi Devenyns • May 9, 2019 -
Survey: 75% of CPG companies plan to spend more on packaging
L.E.K. Consulting found nearly all manufacturers believe it is crucial to their success, with 57% developing more packaging that is easier to open and 51% working on more single-serve sizes.
By Cathy Siegner • May 9, 2019 -
Nestlé to exit direct store delivery for frozen pizza and ice cream, cutting thousands of jobs
The switch will result in shuttering eight frozen distribution centers and inventory transfer points, cutting out middlemen, and eventually bringing the company savings.
By Jessi Devenyns • May 8, 2019 -
E-tailer Boxed's private label products could take on CPGs in stores
The online retailer says it’s in talks with retailers to carry some of its 100 Prince & Spring brand products.
By Jeff Wells • May 8, 2019 -
Impossible Burgers run short as manufacturer 'spares no expense' to double supply
Statements from the company confirm its production capacity and a steep incline in demand has caused the shortage, and sourcing ingredients is not the issue.
By Emma Cosgrove • May 7, 2019 -
After exiting Beyond Meat, how will Tyson do with its own plant-based products?
In an earnings call this week, CEO Noel White said the company's reach will allow it to move quickly into the marketplace this summer.
By Lillianna Byington • May 7, 2019 -
Campbell Soup sells European chips brands to Valeo Foods for $80M
As the soup company looks to streamline its business and reduce debt, it decided to sell its U.K.-based Kettle Foods and Netherlands-based Yellow Chips B.V.
By Jessi Devenyns • Updated Oct. 11, 2019 -
$16B invested in plant-based and cell-cultured meat since 2009
The Good Food Institute noted in two reports that changing consumer attitudes and the boost in sales of meat alternatives are driving these funds.
By Cathy Siegner • May 7, 2019 -
Kraft Heinz loses marketing chief amid ongoing turmoil
Eduardo Luz oversaw more than 200 brands globally and spearheaded marketing for Heinz, Kraft and Planters in the U.S.
By Peter Adams • May 6, 2019 -
Cali'flour Foods raises millions to scale up operations
The cauliflower pizza crust maker plans to use the funding to innovate and expand grocery store sales.
By Cathy Siegner • May 6, 2019 -
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 -
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, 2019
ColumnLeftovers: 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
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