Leftovers: Pizza goes green, milk gets smart

Because where cauliflower goes, broccoli must follow? And a reminder: 57 days until Christmas.

By Food Dive staff • Oct. 26, 2018

Danone pledges to triple global plant-based sales by 2025

Chairman and CEO Emmanuel Faber said during a recent investor seminar the French food giant will emphasize core beverages and yogurt categories and look for potential in additional dairy and plant-based businesses.

By Cathy Siegner • Oct. 25, 2018

Explore the 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

AB InBev halves dividend as beer sales slide in US market

The world's largest brewer, which merged with SABMiller in 2016, said it would "consider suitable opportunities (in M&A) when and if they arise."

By Christopher Doering • Oct. 25, 2018

Big M&A deals dominate in 'otherwise underwhelming quarter,' report says

The new report from PricewaterhouseCoopers shows food and beverage accounted for nearly half of the largest U.S. transactions during the third quarter — the most active sector in the period.

By Lillianna Byington • Oct. 25, 2018

Hershey sales rose 2.3% even as higher costs weigh on margins

The company remains confident that upcoming holiday sales and its recent acquisition of Pirate Brands for $420 million will boost earnings for the year.

By Jessi Devenyns • Oct. 25, 2018

Nestlé USA chief hints more price increases may be on the horizon

CEO Steve Presley said after responding too slowly to consumer trends and falling behind upstarts, large food companies like his have done a better job making their brands more relevant.

By Christopher Doering • Oct. 25, 2018

Conagra to pause on big M&A as company digests Pinnacle deal

The purchase, which was approved by shareholders on Tuesday, will create a company with $11 billion in sales and bring frozen brands such as Healthy Choice and Birds Eye under one roof. 

By Christopher Doering • Oct. 24, 2018

Bantam Bagels bought for $34M cash by Lancaster Colony

The frozen breakfast item maker, which rose to prominence with an appearance on "Shark Tank," does about $20 million in annual sales in grocery stores and Starbucks.

By Cathy Siegner • Oct. 24, 2018

Nestlé investor survey suggests restlessness extends beyond activist Third Point

Almost two-thirds said they would vote against the company's chairman, and 80% want it to be more active in getting rid of some business units.

By Cathy Siegner • Oct. 24, 2018

Green Giant Fresh launches new veggie bowls

The company has added six varieties of the convenient meals, which are sold in microwave-safe containers in refrigerated produce sections nationwide.

By Cathy Siegner • Oct. 23, 2018

Kite Hill raises $40M, once again led by General Mills

The plant-based dairy company will use the funds to spur brand growth and increase manufacturing capacity for yogurt, cheese and pasta.

By Jessi Devenyns • Oct. 23, 2018

Constellation looks to sell US wine brands

The maker of Modelo and Corona beers is reportedly hoping to make a deal for more than $3 billion, sources told Reuters. 

By Lillianna Byington • Oct. 22, 2018

The Honest truth: How a tiny tea company is poised to become one of Coca-Cola's next $1B brands

As more stores carried its products and sports drinks, lemonades and kids beverages were added to the lineup, revenue has soared from $38 million a decade ago to more than $500 million today.

By Christopher Doering • Oct. 22, 2018

Leftovers: Treats sure to be a Halloween smash, creepy crisps

Upscale candy gets into the fun-size game, bars get bakeable and a Chinese company decides to munch on spent silkworms.

By Food Dive staff • Oct. 19, 2018

Kerry's consumer preference simulator aims for product sweet spot

The Ireland-based company gathered views of 17 sweeteners to better understand how people perceive them across sports drinks, carbonated soft drinks, ice cream, flavored alcoholic malt beverages, granola bars and cookies.

By Cathy Siegner • Oct. 18, 2018

Beyond Meat picks investment banks for IPO

A public offering would be the first for the new generation of companies making meat-like products from plants, which are increasingly popular with consumers.

By Christopher Doering • Oct. 18, 2018

Nestlé's sales perk up 2.9% with growth in coffee and the North American sector

CEO Mark Schneider said in a release that this quarter's increases were "supported by disciplined execution and faster innovation."

By Lillianna Byington • Oct. 18, 2018

Time to ban dihydrogen monoxide? Consumers take clean label to extremes

Some additives, artificial colors and flavors are being taken out of food products to appease shoppers who want healthy and recognizable ingredients.

By Cathy Siegner • Oct. 18, 2018

Constellation chief to step down in March, COO to assume top post

The change in the c-suite comes as the brewer of Corona and Modelo Especial makes a $4 billion bet on the burgeoning cannabis industry.

By Christopher Doering • Oct. 18, 2018

Danone sales rise 1.4% amid strong demand for yogurt and plant-based foods

While the French company faces ongoing challenges in other parts of its operations, segments known to consumers in North America continue performing well.

By Christopher Doering • Oct. 17, 2018

Big Food drops legacy brands to make way for new products

Healthier consumer eating habits and increasing millennial and Gen Z influence are pushing manufacturers to cut slower-growing items.

By Cathy Siegner • Oct. 16, 2018

Kellogg supports World Food Day push with digital drive on Amazon

As more brands focus on cause-led marketing initiatives, Amazon can leverage the partnership to show how its platform bolsters those efforts.

By Erica Sweeney • Oct. 16, 2018

Commercial kitchen and distribution service Pilotworks shuts down overnight

With no warning and no explanation, the much-celebrated incubator closed its doors, leaving 175 startups in the lurch. 

By Jessi Devenyns • Oct. 16, 2018

Former Kellogg sub-distributors sue over logistics shift

The once-downstream partners claim the manufacturer misrepresented its supply chain plans.

By Edwin Lopez • Oct. 16, 2018

US beef exports hit record high, while pork faces challenges

In August, the red meat sold to other countries exceeded $750 million for the first time. But tariffs from China and Mexico have hurt the white meat's sales.

By Lillianna Byington • Oct. 15, 2018