Corporate Operations: Page 39

  • TreeHouse Foods logo on a white background
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    Courtesy of TreeHouse Foods
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    TreeHouse to sell snack bars business, plant to John B. Sanfilippo for $63M

    The divestiture will allow the private-label giant to focus on high-growth and high-margin categories while enabling John B. Sanfilippo to diversify its offerings.

    By • Sept. 6, 2023
  • An English muffin breakfast sandwich with Just Egg folded patty, tomato and avocado and a split English muffin with a folded egg on one side and avocado on the other sit on a dark wood cutting board
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    Courtesy of Eat Just
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    Eat Just, maker of plant-based eggs and cultivated chicken, gets a funding boost

    The money comes as the company continues scaling in the U.S. and tries to reach profitability.

    By Elizabeth Flood • Sept. 5, 2023
  • Mergers and acquisitions Explore the Trendline➔
    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
  • nespresso, nestle
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    Permission granted by Nestle
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    Q&A

    Nestlé’s Nespresso thriving as innovation stokes demand

    Alfonso Gonzalez Loeschen, the brand’s CEO in North America, discusses the benefits of its DTC model, the effects of inflation and how the platform is responding to young coffee drinkers.

    By • Sept. 5, 2023
  • A photo of a Gingko Bioworks office
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    Courtesy of Ginkgo Bioworks
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    Q&A

    Talking the future of food with Ginkgo Bioworks’ Patrick Boyle

    As the head of Codebase, Boyle was a synthetic biologist "before it was cool.” We checked in to discuss the field of engineered organisms and what it means to the food industry.

    By Judy McGuire • Aug. 31, 2023
  • Campbell Soup, chunky
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    Christopher Doering/Food Dive
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    Campbell Soup’s move into snacks boosts sales amid flat results in soups and meals

    The manufacturer of Goldfish and its namesake soups is aiming to accelerate growth through its purchase of Sovos Brands, the maker of fast-growing Rao’s sauces, for $2.7 billion.

    By • Aug. 31, 2023
  • Anheuser-Busch
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    Courtesy of Anheuser-Busch
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    Anheuser-Busch invests $22.5M in its Houston brewery

    The Bud Light manufacturer said the money will go toward enhancing workplace safety, upgrading the plant’s cooling system and reducing electricity consumption.

    By • Aug. 29, 2023
  • Hain Celestial
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    Permission granted by Hain Celestial
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    Hain Celestial’s CEO describes her ‘prove it’ strategy as challenges loom

    Wendy Davidson, who took over in January, said the organic and natural products giant has reached “an inflection point” where the 30-year-old business can “unlock” its potential.

    By • Aug. 29, 2023
  • Meati launched the Meati Steak Filet, made from mycelium produced through fermentation.
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    Courtesy of Meati
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    Former Cargill executive joins cultivated meat company Meati

    Nicole Johnson-Hoffman has joined the firm’s board as it commences a nationwide retail launch of its mycelium steak and chicken breast analogs.

    By Elizabeth Flood • Aug. 29, 2023
  • A neon sign over Pepsi's diner concept
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    Permission granted by PepsiCo Beverages North America
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    Pepsi celebrates 125 years: Inside the marketer’s media blitz

    A campaign celebrating an anniversary milestone and past iconic ads doubles as the official introduction of the brand’s new logo.

    By Peter Adams • Aug. 29, 2023
  • Hu
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    Permission granted by Hu
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    Mondelēz leans on startups to help fuel ambitious growth plans

    The Oreo manufacturer said SnackFutures, its venture capital arm, plans to at least double the number of companies in its portfolio by 2030.

    By • Aug. 28, 2023
  • Hershey, chocolate
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    Scott Olson via Getty Images
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    Hershey to close Dot’s Pretzels factory

    The closure of the North Dakota plant is part of the company's plan to more efficiently increase production capacity at other manufacturing locations. 

    By Kate Magill • Aug. 25, 2023
  • tillamook
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    Courtesy of Tillamook
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    Column

    Leftovers: Tillamook takes its cheese into frozen meals | B&G brings whiskey buzz to the grill

    The dairy brand is entering the freezer aisle for the first time with mac & cheese and pizza, while Dolci takes advantage of pumpkin spice season with its new blondie treat.

    By Food Dive staff • Aug. 25, 2023
  • The drinkable company
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    Courtesy of The Drinkable Company
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    The Drinkable Company gives RTD coffee, tea and soda an added buzz with cannabis

    The new brand from two beverage industry veterans is launching the products to meet consumers at different occasions, and is planning to launch on a state-by-state basis.

    By • Aug. 25, 2023
  • rum alcohol
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    Vicky Gosselin via Getty Images
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    Craft rum market poised to reach $2.5B by 2031

    As young consumers prefer artisanal alcohol, the increased demand has created significant opportunities for small producers. 

    By • Aug. 23, 2023
  • Miyoko's Creamery new CEO, Stuart Kronauge
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    Retrieved from Miyoko's Creamery on August 01, 2023
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    Miyoko’s Creamery’s new CEO is going ‘back to the basics’

    Having served in the position for just two weeks, Stuart Kronauge is looking to simplify the brand’s message to reach a broader consumer base.

    By Elizabeth Flood • Aug. 22, 2023
  • Packages of products from Wells Enterprises brands Halo Top, Blue Ribbon, Blue Bunny and Bomb Pop on a red background.
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    Courtesy of Wells Enterprises
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    Ferrero to expand New York ice cream plant, add more than 200 jobs

    The sweets giant said the project underscores its long-term growth and leadership in the novelty category following its purchase of Blue Bunny and Halo Top maker Wells Enterprises.

    By • Aug. 22, 2023
  • Coca-cola, soda
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    Christopher Doering/Food Dive
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    American Beverage names veteran insider as new CEO

    Kevin Keane has served in the role on an interim basis for the trade group, which represents Coca-Cola, PepsiCo and other beverage companies.

    By • Aug. 21, 2023
  • highlight, product testing
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    Permission granted by Highlight
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    Product testing firm working with Nestlé, Kraft Heinz raises $18M to fuel growth

    Highlight, which streamlines the product testing process for CPG companies, said the money will be used to expand its business and hire additional employees.

    By • Aug. 21, 2023
  • liquidiv
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    Courtesy of Liquid I.V.
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    How Unilever’s Liquid I.V. is quenching a rise in thirst for hydration drinks

    An executive with the electrolyte mix explained why the brand is launching new items with better-for-you attributes — and how its product line could evolve.

    By • Aug. 17, 2023
  • Several people plate and prepare small white dishes that include Aleph Farms cultivated steak in an assembly line.
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    Courtesy of Aleph Farms
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    What’s next for cultivated meat?

    The industry will have to contend with three major hurdles — cost, taste and scale — before the product becomes a regular part of consumers’ grocery lists.

    By Alexandra Frost • Aug. 17, 2023
  • chicks chickens
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    Ryan J Lane via Getty Images
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    Consumers embrace tech preventing male chick culling, but will the egg industry bite?

    In a survey shared with Food Dive, 73% of respondents said the industry should find a solution and they are willing to pay more for eggs if one is adopted.

    By • Aug. 16, 2023
  • Bag of almond flour
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    Permission granted by Bob's Red Mill
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    Q&A

    Inside food R&D with Bob’s Red Mill’s Porter Long

    In an interview, the CPG scientist discusses changes in consumer preferences, where the food industry will be in 10 years and what inspires him.

    By Judy McGuire • Aug. 16, 2023
  • Actor Kristin Chenoweth is seen sitting in a sound studio narrating Welch's Fruit Snacks' first-ever storybook, "Sometimes It's Not Stealing," while holding a box of fruit snacks.
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    Courtesy of Welch's Fruit Snacks
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    Welch’s OKs parents stealing Fruit Snacks in first-ever storybook

    “Sometimes It’s Not Stealing,” narrated by actor Kristin Chenoweth, playfully makes a case for parents who indulge in their children’s fruit snacks.

    By Jessica Hammers • Aug. 15, 2023
  • Bite-sized slices of cooked cultivated chicken from Upside Foods sit on a bed of greens.
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    Courtesy of Upside Foods
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    Upside Foods COO talks next challenges for the cultivated meat industry

    In the wake of major breakthroughs in the industry, the company has named a new chief scientific officer and tapped a former Twitter executive as its chief legal officer, COO Amy Chen told Food Dive.

    By Elizabeth Flood • Aug. 14, 2023
  • Individual bottles of Pepsi cola.
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    Mario Tama via Getty Images
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    Beverage makers respond to EPA’s draft plastic pollution prevention strategy

    PepsiCo, American Beverage, the Consumer Brands Association and others weighed in on defining key terms like “single-use,” EPR policies, recycled content research and more.

    By Maria Rachal • Aug. 14, 2023