Corporate Operations: Page 59
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Retrieved from Just the Cheese.
John B. Sanfilippo buys baked cheese brand to expand snacking portfolio
The purchase of Just the Cheese for an undisclosed amount brings the nut and dried fruit products maker into new categories and complements its existing portfolio.
By Christopher Doering • Dec. 21, 2022 -
How upcycled food companies tackle their biggest challenge
As more brands create products using ingredients that would have gone to waste, leaders in the industry say educating consumers is key to success.
By Chris Casey • Dec. 19, 2022 -
Explore the Trendline➔
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TrendlineHow AI is transforming the food and beverage industry
Companies are leaning on the technology across nearly all parts of their operations, from marketing to product design.
By Food Dive staff -
Retrieved from Mondelez.
Mondelēz International to sell gum business for $1.35B
The sale to Perfetti Van Melle Group, a European gum and confectionery maker, includes two manufacturing facilities and brands such as Trident and Dentyne in the U.S., Canada and Europe.
By Christopher Doering • Dec. 19, 2022 -
Many dark chocolates have high levels of cadmium and lead, study finds
Consumer Reports looked at the amount of heavy metals in 28 popular brands, though the issue already was litigated, settled and studied, and confectioners have committed to making improvements.
By Megan Poinski • Dec. 19, 2022 -
Hain Celestial to sell its Westbrae Natural brand to Bush Brothers
The sale of the organic bean line for an undisclosed amount will allow the company to simplify its portfolio while improving its growth profile, margins and cash flow.
By Christopher Doering • Dec. 19, 2022 -
Unilever says Ben & Jerry’s Israel business lawsuit is settled
The independent board affiliated with the ice cream brand filed the initial lawsuit during the summer, arguing the CPG company overstepped its authority by selling its arm in the Middle Eastern country.
By Megan Poinski • Dec. 16, 2022 -
B&G Foods to sell Back to Nature brand to Barilla America
CEO Casey Keller said the sale is part of the company’s portfolio focusing effort, and can help reduce long-term debt. Terms of the deal were not disclosed.
By Christopher Doering • Dec. 16, 2022 -
Chr. Hansen will merge with Novozymes in a $12.3B deal
The sale, which is expected to close in the fourth quarter of 2023 at the earliest, would create a company with extensive expertise in enzymes and natural microbials.
By Megan Poinski • Dec. 15, 2022 -
Equal sweetener owner Whole Earth announces CEO transition plan
The company’s board appointed member Michael Franklin to serve as its interim head starting Jan. 1. He replaces Albert Manzone, who has run the firm since 2016.
By Christopher Doering • Dec. 15, 2022 -
How Coca-Cola turns to its Freestyle machine to create shelf-ready flavors
The CPG’s 50,000 dispensers, which pour more than 11 million drinks each day, have inspired four beverage creations that have made it to bottles and cans.
By Christopher Doering • Dec. 15, 2022 -
Investors pressure food companies to set concrete deforestation plans
Groups representing trillions of dollars in assets say CPGs must do more to prevent further losses of biodiversity in their supply chains by 2030.
By Chris Casey • Dec. 14, 2022 -
Flowers Foods buys Papa Pita Bakery for undisclosed amount
With the purchase of the Utah company, the baking giant adds several regional brands to its portfolio, as well as a state-of-the-art manufacturing facility and distribution network.
By Megan Poinski • Dec. 14, 2022 -
Drought leads to 80% jump in vegetable prices
Prices from producers increased 38% in November, and could continue to be unstable if weather conditions don’t improve.
By Chris Casey • Dec. 13, 2022 -
Ynsect plans US insect farm and partners with Ardent Mills
The facility will produce more than 55,000 tons of ingredients a year, which the milling company will explore for use in healthy and sustainable food.
By Megan Poinski • Dec. 13, 2022 -
Orbillion Bio partners with Solar Biotech to make 4M pounds of cultivated meat a year
The startup making Wagyu beef, elk and lamb from cells is the latest in the food space to work with the biomanufacturing company.
By Megan Poinski • Dec. 12, 2022 -
Sponsored by The Ibotta Performance Network
Ibotta and General Mills: Fighting inflation, winning back market share
Brands like General Mills that join the Ibotta Performance Network see near-immediate results with greater return on ad spend.
Dec. 12, 2022 -
Column
Leftovers: General Mills flips for IHOP cereal; Brach’s heats up candy canes
The CPG giant and pancake restaurant joined forces for the breakfast offering, and Ben & Jerry’s teams up with award-winning director Ava DuVernay on an ice cream flavor.
By Food Dive staff • Dec. 9, 2022 -
IFF plans job cuts as part of company restructuring
The ingredients giant plans to save $100 million annually through headcount reduction, which is a part of a plan to become more streamlined, efficient and customer-centric.
By Megan Poinski • Dec. 8, 2022 -
Chobani bolsters C-suite with hiring of chief communications and impact officer
The appointment of insider Nishant Roy, who will oversee communications, government relations, sustainability and other duties, is the latest executive hire for the yogurt giant in 2022.
By Christopher Doering • Dec. 8, 2022 -
Pernod Ricard to spend $250M building carbon-neutral distillery in Kentucky
The spirits maker said the investment “doubles down” on the future sustainability of American whiskey and the “strong growth — and growth potential” in the company’s portfolio.
By Christopher Doering • Dec. 8, 2022 -
Believer Meats breaks ground on world’s largest cultivated meat plant
The company, formerly known as Future Meat Technologies, will be able to make at least 11,000 tons of cultivated meat in custom bioreactors once the North Carolina facility opens.
By Megan Poinski • Dec. 8, 2022 -
Ferrero to buy ice cream maker Wells Enterprises
The price and terms of the deal, which will give the Italy-based confectioner a large foothold in the frozen treats business, were not disclosed.
By Megan Poinski • Dec. 7, 2022 -
Motif FoodWorks continues to challenge Impossible Foods’ patents
After the European Patent Office revoked one of the plant-based meat maker’s patents, the food tech company objected to four others filed in the U.S.
By Megan Poinski • Dec. 7, 2022 -
Philadelphia Cream Cheese launches plant-based spread
The product, which is available at select retailers in the Southeastern U.S., is Kraft Heinz’s second non-dairy launch under one of its flagship brands in the last two months.
By Megan Poinski • Dec. 6, 2022 -
J.M. Smucker to build R&D center for Uncrustables
The company’s planned 29,000-square-foot facility will be on the grounds of its headquarters in Ohio, and is slated to open in fall 2023.
By Megan Poinski • Dec. 6, 2022