Corporate Operations: Page 88
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Leftovers: General Mills' Pillsbury rolls out baking kits; Unilever and Chrissy Teigen fry up a new sauce
The Minnesota-based company sees opportunity in do-it-yourself baked goods during the pandemic, and Cappello's offers up keto-friendly frozen pizza with a secret ingredient.
By Food Dive staff • Aug. 13, 2021 -
Retrieved from Pilgrim's Pride on September 23, 2020
JBS withdraws proposal to buy the rest of Pilgrim's Pride
The poultry producer repeatedly rejected the Brazilian company's offers, saying the price it put forward was too low.
By Megan Poinski , Christopher Doering • Updated Feb. 17, 2022 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Vertical farming firms get global ambitions
Kalera's acquisition of Germany's &ever GmbH and 80 Acres Farms' plans for its recent $160 million of new funding highlight the big expansion goals of U.S. growers.
By Samantha Oller • Aug. 12, 2021 -
Ahead of potential IPO, Impossible Foods promotes chief accountant to CFO
David Borecky, who oversaw $700 million in capital raises to help the company grow its footprint during the pandemic, is prioritizing reduced prices to increase accessibility to its plant-based meat.
By Jane Thier • Aug. 12, 2021 -
Debut Biotech partners with DIC to develop natural colors for food
Fresh off a $22.6 million funding round, the upstart aims to show how its cell-free biomanufacturing platform can overcome some of the existing barriers to creating all-natural and biodegradable pigments.
By Lauren Manning • Aug. 12, 2021 -
Impossible Sausage debuts in grocery stores
The plant-based pork product, which first launched in foodservice in 2020, will be available in Savory and Spicy varieties at several retail locations nationwide.
By Megan Poinski • Aug. 11, 2021 -
Freshly launches plant-based meals
The debut of the Purely Plant line was sped up by Nestlé's acquisition of the company late last year, said co-founder and CEO Mike Wystrach.
By Catherine Douglas Moran • Aug. 11, 2021 -
Coca-Cola closing pair of bottling plants affecting nearly 500 workers
The decision to shutter the facilities, expected in 2023, comes as the beverage giant says it is repositioning its portfolio to better respond to changing consumer tastes.
By Christopher Doering • Aug. 10, 2021 -
PepsiCo and Boston Beer's Hard Mtn Dew to hit stores in February
The beverage, which contains 100 calories and has 5% alcohol by volume, will be available in a limited number of states.
By Christopher Doering • Updated Jan. 31, 2022 -
Super Coffee parent company raises $106M to continue expansion
The funding round, led by Durable Capital Partners and with participation from leaders from Boston Beer and Schnuck Markets, brings the startup's valuation to more than $500 million, Bloomberg reports.
By Jessi Devenyns • Updated Dec. 6, 2021 -
Danone's Silk launches plant-based Greek yogurt
With the thick, protein-packed variety dominating the dairy-based segment, the company's new offer aims to recreate its success.
By Megan Poinski • Aug. 10, 2021 -
Why Finless Foods is taking the plunge into plant-based fish
The company, one of the first dedicated to cell-based seafood, created the product while doing R&D for its cultured bluefin tuna and sees it as a way to transform into a food producer.
By Megan Poinski • Aug. 9, 2021 -
Sanderson Farms to be acquired by Cargill and Continental Grain for $4.53B
Combining the poultry producer with Continental's Wayne Farms subsidiary will give the new entity about 15% of U.S. chicken production. The deal is subject to regulatory approval.
By Megan Poinski , Christopher Doering • Updated Aug. 9, 2021 -
Column
Leftovers: Del Monte's fruit cups get functional; French's bun mashup bakes in the mustard
Digestion, energy and immune-boosting ingredients are infused in the company's fruit, and Nissin Foods says "yes" to pumpkin spice ramen.
By Food Dive staff • Aug. 6, 2021 -
DouxMatok hires CEO with experience in partnerships, marketing and brand building
Ari Melamud is the first outside leader for the Israel-based sweetener company and joins at a time when its Incredo Sugar is widely available to manufacturers.
By Megan Poinski • Aug. 5, 2021 -
Miyoko's Creamery gets $52M investment
The artisan plant-based cheese company plans to use the funds to expand into more retail outlets and launch new products.
By Megan Poinski • Aug. 5, 2021 -
Danone expands partnership with AI firm Brightseed to explore health benefits in plants
The multiyear collaboration will focus on common crops and lesser-known species as the food giant works to triple its sales in the plant-based space by 2025.
By Samantha Oller • Aug. 5, 2021 -
Famous Amos launches brand refresh with focus on premium ingredients
The Ferrero-owned brand created three cookie varieties using products sourced from international locations, including the Philippines, Belgium and the Mediterranean.
By Lauren Manning • Aug. 5, 2021 -
Food and retail companies found broiler chicken welfare working group
Nestlé, Panera Bread, Target, Sodexo and Aramark are among the founding members of the coalition, which will work with Compassion in World Farming to help companies transition to more humanely sourced poultry.
By Lauren Manning , Samantha Oller • Aug. 4, 2021 -
Molson Coors launches ultra-premium whiskey brand
Five Trail, a blend of Colorado single-malt whiskey made with Coors malts and three bourbons, is the company's first foray into spirits and will hit shelves in some states next month.
By Megan Poinski • Aug. 4, 2021 -
Tyson to require COVID-19 vaccinations for entire US workforce
The meat processor would be the largest food company in the country to mandate the shot, as the delta variant triggers a wave of new infections.
By Samantha Oller • Aug. 4, 2021 -
Retrieved from Danone.
Danone prepares 'plant-based 2.0' platform
The food giant is making taste and texture improvements to its oat, almond and soy milks, with new U.S. launches for Silk and So Delicious set for the second half of 2021.
By Samantha Oller • Aug. 3, 2021 -
PepsiCo to sell Tropicana, other juice brands for $3.3B
Private equity firm PAI Partners is picking up the well known names, and the soda company will retain a minority stake in the business.
By Megan Poinski • Updated Aug. 3, 2021 -
How Kellogg uses data to drive growth
The Michigan company looks at many sources to create actionable plans that enhance sales, supply chain and consumer experience, Chief Growth Officer Monica McGurk explains.
By Megan Poinski • Aug. 2, 2021 -
Shoppers stocking up on health-related items as COVID-19 cases rise, Instacart finds
Sales of items including disinfectant sprays and wipes, hand sanitizer and cold medicine were up by 15% or more over one week in mid-July, according to the e-commerce company.
By Sam Silverstein • Aug. 2, 2021