Corporate Operations: Page 41


  • A person slices a Meati Crispy Cutlet on a white cutting board that sits on a coral-colored counter.
    Image attribution tooltip
    Courtesy of Meati Foods
    Image attribution tooltip

    Eat Meati expands footprint with Whole Foods launch

    The mushroom root-based meat alternative continues to scale its fully vertically integrated manufacturing capabilities to support its rapid growth in both retail and food service locations.

    By Elizabeth Flood • July 27, 2023
  • A bottle of Coca-Cola appears in "The Bear"
    Image attribution tooltip
    Permission granted by FX
    Image attribution tooltip

    How Coca-Cola cooked up meals with ‘The Bear,’ Gigi Hadid and more

    “A Recipe for Magic” was cited as an example of how Coke linked its brand to consumption occasions en route to 11% organic revenue growth in Q2.

    By Chris Kelly • July 26, 2023
  • 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
  • The Kellogg's World Headquarters is shown on June 21, 2022 in Battle Creek, Michigan.
    Image attribution tooltip
    Bill Pugliano / Stringer via Getty Images
    Image attribution tooltip

    Kellogg files separation form with SEC

    The snacking giant took the next step toward splitting into two businesses, one focusing on cereal and the other on snacking.

    By July 26, 2023
  • Glass greenhouse-type building is seen from the outside. Tomato plants grow inside.
    Image attribution tooltip
    Courtesy of AppHarvest
    Image attribution tooltip

    Indoor farming company AppHarvest files for bankruptcy

    The startup, backed by Martha Stewart and now-U.S. Sen. J.D. Vance, couldn't overcome high operational costs and lower than expected crop yields.

    By July 26, 2023
  • Flora Ventures founders launch $80M agtech startup
    Image attribution tooltip
    Courtesy of Flora Ventures
    Image attribution tooltip

    Former Mondelēz exec launches $80M agtech startup fund

    Gil Horsky, who led the CPG's venture capital arm, is helping start Flora Ventures, a new fund to invest in food sustainability.

    By Nathan Owens • July 25, 2023
  • craft beer IPA
    Image attribution tooltip
    Adam Berry via Getty Images
    Image attribution tooltip

    How craft beer saturation led to Anchor Brewing’s demise

    The oldest brewery in the U.S. fell victim to a crowded market and high costs as it tried to remain relevant to younger consumers, a Marcum executive told Food Dive.

    By July 25, 2023
  • Pop-Tarts' new Agents of Crazy Good characters
    Image attribution tooltip
    Courtesy of Kellogg Company
    Image attribution tooltip

    Pop-Tarts brings back ‘Crazy Good’ characters with a modern twist

    Tapping into nostalgia for the 2000s continues to be a major marketing trend as the Kellogg brand resurrects its animated toaster pastries.

    By Peter Adams • Updated July 20, 2023
  • claussen pickle spritz
    Image attribution tooltip
    Courtesy of Kraft Heinz
    Image attribution tooltip
    Column

    Leftovers: Claussen puts pickle flavor in a spritz; Nestlé takes Tombstone pizza back to its roots

    What started as an April Fools’ Day joke has come to fruition for the pickle company, and Applegate expands its lineup with frozen egg bites.

    By Food Dive staff • July 21, 2023
  • general mills cereal vitamin d
    Image attribution tooltip
    Courtesy of General Mills
    Image attribution tooltip

    General Mills doubles vitamin D in cereals following FDA ruling

    The move to include more of the nutrient in products like Cheerios and Cinnamon Toast Crunch comes after Kellogg petitioned the government department to increase the amount allowed in consumer products.

    By July 20, 2023
  • coffee
    Image attribution tooltip
    Retrieved from La Colombe.
    Image attribution tooltip

    Keurig Dr Pepper pays $300M for 33% stake in La Colombe, strikes licensing deal

    The beverage giant has been deepening its ties to fast-growing companies with a presence in premium and trendy offerings, having previously invested in Athletic Brewing and C4 Energy drink maker Nutrabolt.

    By July 20, 2023
  • Various cuts of packaged beef are seen in a grocery store
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    USDA teams with states to crack down on anti-competitiveness in food

    The department will work with more than 30 attorneys general to address practices viewed as unfriendly to consumers, even as economists remain mixed on consolidation’s effect on inflation.

    By July 19, 2023
  • Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Jim Beam owner names former Kraft, P&G executive as CEO

    Greg Hughes, who has been at Beam Suntory since 2015 and most recently was responsible for growing the company’s brands and portfolio, will take over the top spot from Albert Baladi on Oct. 1.

    By July 19, 2023
  • food tech science AI
    Image attribution tooltip
    Amorn Suriyan via Getty Images
    Image attribution tooltip

    How AI is driving supply chain advancements for food manufacturers

    CPG companies can use the technology to see which investments are most effective — particularly with product development and sustainability.

    By July 19, 2023
  • Image attribution tooltip
    Jenny Evans via Getty Images
    Image attribution tooltip

    Cargill aims to help beef producers curtail emissions

    The meat giant said its new framework helps producers quantify, audit and verify methane emitted by cows, which could drive down production of the greenhouse gas.

    By July 18, 2023
  • Silk milk cartons sit on grocery shelves
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Russia seizes Danone assets, upending dairy giant’s exit from the country

    Brewing company Carlsberg also lost control of its subsidiary as Russia makes it harder for Western companies to offload operations.

    By July 18, 2023
  • Header image for "Kraft Heinz Fined $62M for Accounting Fraud"
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    Kraft Heinz to spend more than $400M to build Illinois distribution center, hire 150-plus workers

    The 775,000-square-foot facility will allow the CPG giant to reduce its environmental footprint, boost supply chain efficiencies and ship its products to retail and food service customers faster.

    By July 18, 2023
  • Dr. Uma Valeti
    Image attribution tooltip
    Permission granted by Upside Foods
    Image attribution tooltip
    Q&A

    8 questions with Upside Foods founder & CEO Uma Valeti

    The head of the cultivated meat company talks about what inspired him to walk away from his profession as a cardiologist to create the groundbreaking business.

    By Judy McGuire • July 17, 2023
  • sugar
    Image attribution tooltip
    Professor25 via Getty Images
    Image attribution tooltip

    DOJ fails to block US Sugar’s $315M purchase of Imperial Sugar

    An appeals court in Philadelphia said the government failed to prove the purchase, first announced in 2021, would raise prices for U.S. consumers and businesses.

    By July 17, 2023
  • Wheat is seen in a field.
    Image attribution tooltip
    Christopher Furlong via Getty Images
    Image attribution tooltip

    Nestlé to expand regenerative agriculture for wheat in DiGiorno Pizza

    The investment will bring climate-smart practices to more than 100,000 acres of farmland as the food and beverage giant aims to increase sustainable sourcing of key ingredients.

    By July 17, 2023
  • Hostess, Twinkie, Ding-Dongs
    Image attribution tooltip
    Courtesy of Hostess Brands
    Image attribution tooltip
    Column

    Leftovers: Hostess combines Ding Dongs and Twinkies | Harpoon debuts THC-based beverage

    The snack maker is fusing two of its most popular items, and Carbone is spicing up its pasta sauce line with an offering based on a popular dish from its New York City restaurant.

    By Food Dive staff • July 14, 2023
  • Image attribution tooltip
    Matthew Stockman via Getty Images
    Image attribution tooltip

    JBS plans to list shares in U.S.

    The meat giant announced it will pursue a dual listing strategy on the New York Stock Exchange and the São Paulo Stock Exchange, which it believes will attract a wider array of investors.

    By July 13, 2023
  • eggs grocery store
    Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip

    Grocery inflation drops below 5%

    Food-at-home prices increased in June at a 4.7% annual clip, down from 5.8% in May, the U.S. Bureau of Labor Statistics reported Wednesday. Overall inflation declined to 3%.

    By Sam Silverstein • July 12, 2023
  • Classic chicken cutlet Caesar
    Image attribution tooltip
    Permission granted by Meati Foods
    Image attribution tooltip

    Meati’s wide scale retail launch is here with Dots distribution deal

    The mushroom root meat being added to Dot Foods’ catalog is not just a big win for the mycelium maker, it’s also a sign that alternative proteins are moving into their next phase of ubiquity.

    By July 12, 2023
  • cheerios oat crunch
    Image attribution tooltip
    Courtesy of General Mills
    Image attribution tooltip

    General Mills leans into weight loss foods with protein and ‘good calories’

    The CPG giant’s chief innovation technology officer told Food Dive products such as Cheerios Oat Crunch and Progresso soups help consumers reach their nutritional goals while also satisfying their comfort food needs.

    By July 11, 2023
  • campbell soup, gluten free
    Image attribution tooltip
    Courtesy of Campbell Soup
    Image attribution tooltip

    Campbell’s brings its namesake condensed soups into the gluten-free space

    The Cream of Mushroom and Cream of Chicken offerings mark the first time the CPG giant has entered the fast-growing category with its Campbell’s-branded soup portfolio.

    By July 11, 2023