Corporate: Page 2

Tyson to pilot 7 medical clinics near meat plants

After the coronavirus spread at its facilities, the meat giant announced it is partnering with Marathon Health to operate the health centers, which will open early next year.

By Lillianna Byington • Sept. 04, 2020

Inside Olam's shift to enhance its ingredient innovation

Jill Houk, corporate research and development chef for its spices division, said the company is now doing more co-creating with its CPG customers.

By Lillianna Byington • Sept. 03, 2020

Explore the Trendline➔

Trendline

How COVID-19 is impacting the food and beverage supply chain

From ingredient shortages to slowdowns in shipping fresh products, many manufacturers, retailers and suppliers are forced to get creative and adapt their processes to the ever-evolving challenges of the pandemic. 

By Food Dive staff

Bunge invests $22.8M in pea and canola protein maker Merit

The investment in the Canada-based upstart gives the agribusiness powerhouse a minority stake and will help accelerate its product launches.

By Jessi Devenyns • Sept. 03, 2020

Nut butter maker Justin's expands into refrigerated bars

The Hormel brand is entering a fast-growing segment of the food space but will find itself going up against similar offerings from Kind and Perfect Snacks.

By Jessi Devenyns • Sept. 03, 2020

Califia Farms names CPG veteran Dave Ritterbush as CEO

The former Quest Nutrition and Popchips chief executive takes over for Greg Steltenpohl, the plant-based company's founder, who is retiring.

By Lillianna Byington • Sept. 02, 2020

For Nestlé, the future of food is rooted in plants

The Switzerland-based company is investing heavily in its Sweet Earth brand and other plant-based offerings to grow in a segment populated by heavyweight competitors and nimble upstarts.

By Christopher Doering • Sept. 02, 2020

Chobani gamifies Instagram Story in multichannel push for new yogurt

A TV spot, influencer tie-in and audio ads on Spotify and several podcasts round out the effort to introduce Chobani Complete this week.

By Robert Williams • Sept. 02, 2020

Snoop Dogg joins crowded celebrity gin space with Indoggo release

The alcohol sector has been popular with big-name investors such as Ryan Reynolds, Jay-Z, Post Malone and George Clooney.

By Christopher Doering • Sept. 02, 2020

Climax Foods raises $7.5M to improve plant-based food using AI

The company, founded by the data science lead at Google and Impossible Foods, is starting its research with cheese as it looks to find a simpler and more affordable way to make alternatives.

By Jessi Devenyns • Sept. 01, 2020

Plant-based food maker Laird Superfood files for $40M IPO

The company, which counts Danone Manifesto Ventures as its largest shareholder, posted $11.1 million in sales during the first six months of 2020.

By Christopher Doering • Sept. 01, 2020

A look inside Keebler's efforts to modernize a 167-year-old cookie brand

From better ingredients to improved packaging, owner Ferrero is making changes to update the brand it acquired in 2019 from Kellogg without alienating its core consumers.

By Christopher Doering • Sept. 01, 2020

Kellogg's Incogmeato challenges skeptics with Postmates sampling, animal influencers

A phased strategy playfully goads flexitarians to overcome their fears that plant-based meat won't taste good, and arrives as parent company Kellogg ramps up marketing in the second half of 2020.

By Natalie Koltun • Aug. 31, 2020

Nestlé buys peanut-allergy treatment maker in $2.6B deal

The acquisition of Aimmune Therapeutics would significantly boost the Swiss company's large health-science business focused predominantly on dietary management. 

By Christopher Doering • Aug. 31, 2020

Deep Dive

Big CPGs struggle to gain market share during COVID-19 despite sales boost

IRI data shows while large manufacturers grabbed shelf space at the height of the pandemic, upstarts are taking advantage of out-of-stocks and demand for variety to win it back. 

By Christopher Doering • Aug. 31, 2020

Opinion

As food brands experiment with DTC, seamless customer service can't be overlooked

Brad Birnbaum at Kustomer said shipping to a person's home can create stronger relationships and brand loyalty, but companies need to do more to maintain that connection.

By Brad Birnbaum • Aug. 28, 2020

Coca-Cola to offer buyouts to 4,000 employees, with layoffs to follow

The beverage giant is streamlining its operations to avoid duplication, help with innovation and get products to market more quickly.

By Christopher Doering • Aug. 28, 2020

Darigold names executives to drive its new ingredients business

The Pacific Northwest farmers' co-op, which decided to move into the space two years ago, will build a factory to manufacture these products.

By Jessi Devenyns • Aug. 27, 2020

Sovos Brands acquires better-for-you pancake brand Birch Benders

The deal will expand Sovos' portfolio in the breakfast category, which also currently includes Noosa yogurt. 

By Jessi Devenyns • Aug. 27, 2020

Refrigerated bar maker Clio Snacks closes $8M funding round

The chocolate-wrapped Greek yogurt bar doubled its sales compared to last year and increased distribution points 57%. 

By Jessi Devenyns • Aug. 27, 2020

Good Karma buys its majority stake back from bankrupt Dean Foods

The plant-based milk brand also raised new capital in a funding round from Valor Siren Ventures and existing investor 2x Consumer Products Growth Partners. 

By Lillianna Byington • Aug. 25, 2020

Lightlife urges Impossible Foods and Beyond Meat to clean up their labels

In an ad in several newspapers, the 41-year-old company says its burger made with 11 easily recognized ingredients represents a future that is "cleaner, tastier, and nutritionally superior."

By Megan Poinski • UPDATED: Aug. 26, 2020 at 9:14 a.m.

How 3 Black-owned businesses created companies where CPG giants weren't looking

As protests across the country have led to a racial reckoning in the food space, this series features startups who have filled holes created by an industry long criticized for its lack of diversity. 

By Lillianna Byington • Aug. 24, 2020

'Just scraping by': Partake Foods' fight to fund its allergen-friendly cookie business

After emptying her savings to get the company off the ground, Denise Woodard finally landed big name investors, including Jay-Z's Marcy Venture Partners, and has substantially grown its retail presence. 

By Lillianna Byington • Aug. 24, 2020

Iya Foods founder leverages her Nigerian roots to tap into a new market

When CEO Toyin Kolawole noticed there wasn't adequate representation for African-inspired flavors on U.S. grocery shelves, she began pitching her products at trade shows and to buyers.

By Lillianna Byington • Aug. 24, 2020

Why A Dozen Cousins created 'soulfully seasoned beans'

Ibraheem Basir hopes his products like Cuban Black Beans and Trini Chickpea Curry will help make the natural foods space more accurately reflect the diversity in the U.S.

By Lillianna Byington • Aug. 24, 2020