Kind acquires Nature's Bakery

This is the first acquisition for the snack bar brand since it fully became part of Mars last month.

By Megan Poinski • Dec. 2, 2020

Bang Energy sues PepsiCo, citing 'gross misconduct' and intimidation

The energy drinks maker said the beverage giant is "threatening lawsuits" against Walmart and other retailers who fail to purchase Bang from it. PepsiCo said it remains committed to honoring the distribution deal.

By Christopher Doering • Dec. 1, 2020

Explore the 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

CPGs still struggle to measure environmental progress, but there's a solution

Guidelines are currently voluntary, unenforceable and serve as mechanisms that appear to make the problem go away without actually solving it, writes Kearney's Adheer Bahulkar and Henrique Gonda.

By Adheer Bahulkar and Henrique Gonda • Nov. 30, 2020

Beyond Meat offers a Cyber Monday DTC deal

Consumers that order plant-based meat from the company's recently launched e-commerce platform will receive 20% off.

By Megan Poinski • Nov. 25, 2020

Mondelez closing 2 bakery plants in 2021

The Oreo maker said the facilities in Atlanta and Fair Lawn, New Jersey, are in need of repair and no longer geographically strategic. 

By Jessi Devenyns • Updated Feb. 5, 2021

Diageo's growth plans: More premium brands and diversity in leadership

The alcohol maker's CEO told CNBC consumers are drinking "better, not more," and the company's 10-year plan focuses on promoting moderation in drinking and achieving net-zero carbon emissions.

By Jessi Devenyns • Nov. 24, 2020

McCormick buys hot sauce maker Cholula for $800M

The purchase further expands the spice and seasoning company's reach into condiments, tapping into increased food consumption at home and consumer demand for flavor.

By Christopher Doering • Nov. 24, 2020

'It's our Super Bowl': How food manufacturers are preparing for an unorthodox holiday season

The pandemic has upended how consumers plan to celebrate, prompting CPG companies to reduce product sizes, tout offerings for novice cooks and shift more resources online. 

By Christopher Doering • Nov. 23, 2020

Danone to cut up to 2,000 jobs as it tries to save nearly $1.2B

CEO Emmanuel Faber says the company needs to "reinvent" itself as it gets hit hard by restaurant closures, a reduction of SKUs offered by retailers and a drop in birth rates that curtails formula consumption. 

By Christopher Doering • Nov. 23, 2020

Leftovers: Pepsi bottles apple pie; Busch literally goes to the dogs

The soda giant is introducing the limited-edition dessert flavored cola in a Thanksgiving sweepstakes, and Mondelez invites fans to personalize their Oreos.

By Food Dive staff • Nov. 20, 2020

$8.37B invested in food tech in first 3 quarters outpaces all of 2019, report says

Late stage startups represented 78% of the capital, with Impossible Foods, Memphis Meats, LiveKindly and Perfect Day representing some of the largest deals in 2020. 

By Jessi Devenyns • Nov. 19, 2020

Tyson fires 7 managers after accusation of betting on workers getting COVID-19

After the issue was raised in a lawsuit filed by the family of a worker in Iowa who died of the coronavirus, the company conducted an independent investigation led by former Attorney General Eric Holder.

By Lillianna Byington • Updated Dec. 16, 2020

Barry Callebaut debuts high performance and sustainable chocolate line

The products, which are hitting the market in time for the holiday season, are made for North American consumers' palates.

By Megan Poinski • Nov. 19, 2020

Talking Tofurky: How its mission and fun approach made a quirky company a plant-based leader

While the 25-year-old family-owned company may be named after its Thanksgiving roast, a diverse array of products and leadership have helped establish the now-trendy segment.

By Megan Poinski • Nov. 19, 2020

SunOpta sells global ingredients division for $390M

The company plans to use the money it receives from the deal to expand its plant-based food and beverage offerings as well as to pay down debt.

By Jessi Devenyns • Nov. 19, 2020

Cargill upstart predicts $1B in sales as demand for healthy ingredients surge

Cargill Health Technologies was launched by the agricultural giant to expand the understanding of gut and digestive health and their connection to the body's immune system.

By Christopher Doering • Nov. 19, 2020

The holiday CPG challenge: Convince consumers not to trade down

Even though shoppers may be looking to save money on this year's festive feasts, there are ways to get them to buy brand-name products. Meghan Howard of Chicory offers several suggestions. 

By Meghan Howard • Nov. 18, 2020

Unilever sets $1.2B sales goal for plant-based products

Executives said they plan to reach this target by introducing meat- and dairy-free varieties of current products as well as by rolling out new brands.

By Megan Poinski • Nov. 18, 2020

OSHA comes under fire for 'paltry' fines and lax guidance to meat plants

While critics call the citations "less than a slap on the wrist," companies including Smithfield and JBS have denounced the fines, saying they followed the agency's recommendations for the pandemic once they were available.

By Lillianna Byington • Nov. 17, 2020

PepsiCo 'fired' from exclusive distribution deal with Bang Energy

The beverage giant says it will continue distributing the energy drink even after Bang's CEO cited "multiple issues and concerns regarding PepsiCo’s performance" since the two partnered in April. 

By Christopher Doering • Updated Nov. 17, 2020

Mars buys Kind North America

The acquisition comes three years after the privately held food and confectionery giant first took a stake in the company known for its natural snack bars. Terms of the deal were not disclosed.

By Megan Poinski • Updated Nov. 17, 2020

Mondelez ties marketing to internal diversity efforts with 'humaning' approach

Aligning its internal and external strategies around consumers and purpose, the CPG plans to move beyond "cautious" data-driven tactics — even as it puts a premium on first-party data.

By Chris Kelly • Nov. 17, 2020

B&G Foods CEO Kenneth Romanzi abruptly steps down

The maker of Green Giant and Ortega said he is resigning to "pursue personal interests." David Wenner, who previously led the company, has been named interim CEO.

By Lillianna Byington • Nov. 16, 2020

How Oatly accelerated growth during the pandemic

In a year of adversity, oat milk is on top, with dollar sales up 212% above last year. The company's North America President Mike Messersmith explains why the beverage is booming and shares its expansion plans.

By Megan Poinski • Nov. 16, 2020

Reformulated Beyond Burger arrives in grocery stores in May

The new patties, designed to taste meatier and juicier with 35% less fat and fewer calories than 80/20 ground beef, were first announced in November.

By Megan Poinski • Updated April 27, 2021