Corporate Operations: Page 97
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Courtesy of Kraft Heinz
Kraft Heinz tests recyclable paper Macaroni & Cheese bowls
The new cups are part of the CPG giant's commitment to make all of its packaging recyclable, reusable or compostable by 2025.
By Megan Poinski • Jan. 15, 2021 -
USDA
T. Hasegawa buys Mission Flavors & Fragrances
The acquisition fits into the ingredient company's strategy to broaden its portfolio in dairy, bakery, plant-based alternatives, fruit filling and confectionary categories.
By Lillianna Byington • Jan. 14, 2021 -
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 -
Permission granted by Beneo
Getting to the root of chicory root's popularity surge
From adding fiber and mouthfeel to its use in prebiotics, the woody perennial's versatility has made it popular with consumers and businesses — especially during the pandemic.
By Christopher Doering • Jan. 14, 2021 -
Retrieved from Truss Beverage Co. on January 13, 2021
Molson Coors launches first US CBD drink line
Veryvell, the sparkling, nonalcoholic beverage that will be available only in Colorado, was developed by Truss CBD USA, a joint venture between the beer giant and Hexo.
By Lillianna Byington • Jan. 14, 2021 -
Permission granted by Treasure8
Treasure8 partners with Mariani for food dehydration innovation
The California startup will use its exclusively licensed technology to help the 115-year-old dried fruit company bring healthier and tastier food to consumers around the world.
By Megan Poinski • Jan. 14, 2021 -
Courtesy of PowerPlant Ventures
Coca-Cola sells Zico coconut water to PE firm founded by brand's creator
The sale for an undisclosed sum comes as the beverage giant aims to cut about 200 brands to focus on more profitable, faster-growing products coming out of the pandemic.
By Christopher Doering • Jan. 14, 2021 -
Courtesy of Chobani
Chobani enters crowded RTD coffee space
The Greek yogurt giant has taken a big step to expand its reach beyond the dairy aisle, but the move will pit it against heavyweights such as Nestlé, Starbucks and Danone.
By Christopher Doering • Jan. 14, 2021 -
Kendall Davis/Food Dive
Tracking food industry priority for the COVID-19 vaccine
President Joe Biden announced a deadline of April 19 for all adults in every state to be eligible for the coronavirus vaccine.
By Thai Phi Le • Updated April 6, 2021 -
Retrieved from Gage Skidmore/Flickr.
Biden will ask OSHA to reconsider decision to skip emergency coronavirus standards
He will also direct the agency to target the worst violators and increase the number of inspectors.
By Kate Tornone • Jan. 13, 2021 -
Courtesy of Courtesy of Greenleaf Foods
Maple Leaf spends $100M for Indianapolis tempeh plant
Demand for the fermented soybean cake has risen 44% during the pandemic, and the company's Lightlife brand has 80% of U.S. sales for the plant-based staple.
By Samantha Oller • Jan. 13, 2021 -
Christopher Doering/Food Dive
Coca-Cola, Tyson Foods and ADM among companies to suspend political donations
CPG companies joined dozens of large U.S. businesses in reconsidering their contribution practices after last week's violent protest at the U.S. Capitol.
By Christopher Doering • Jan. 13, 2021 -
Deep Dive
CPGs wake up to breakfast’s new future after coronavirus shakeup
With more people at home, a less hectic pace has boosted demand for sausage, waffles and cereal — a shift food manufacturers are confident will stick around after the pandemic.
By Christopher Doering • Jan. 12, 2021 -
Courtesy of Danone
Danone's So Delicious launches plant-based cheese
The dairy-free pioneer brand is the latest entrant in a crowded market, with shredded, sliced and spreadable varieties hitting shelves early this year.
By Megan Poinski • Jan. 12, 2021 -
Courtesy of ZOA
Molson Coors enters crowded energy drink space with distribution deal for ZOA
The beverage will differentiate itself with natural ingredients, vitamins, electrolytes and amino acids, forgoing preservatives and artificial ingredients.
By Christopher Doering • Jan. 11, 2021 -
Pilgrim's Pride pleads guilty to price fixing with DOJ and agrees to pay $108M fine
The chicken processor is the first company sentenced that admitted wrongdoing as part of the Justice Department's investigation, and should end the government's investigation into the firm.
By Lillianna Byington • Updated Feb. 24, 2021 -
Courtesy of Outstanding Foods
Outstanding Foods raises $10M as plant-based snacking grows
With its latest investment round, the company aims to overhaul the category with offerings that provide nutrition without sacrificing taste.
By Jessi Devenyns • Jan. 11, 2021 -
Megan Poinski/Food Dive
Utz to acquire Vitner's snack brand for $25M
The purchase of the popular Chicago snack food company and its 55 DSD distribution routes will increase the rapidly growing company's reach in the Midwest.
By Lillianna Byington • Jan. 11, 2021 -
Courtesy of Ben & Jerry's
Ben & Jerry's calls for Trump ouster as more brands condemn Capitol riots
With more companies criticizing Wednesday's chaos, the ice cream brand's endorsement of removing the president from office stands out.
By Peter Adams • Jan. 8, 2021 -
Permission granted by Partake Foods
Allergy-friendly cookie company Partake Foods gets $4.8M to fuel expansion
With the influx of funds, the brand is on its way to doubling its number of retail outlets by the end of the quarter as demand for free-from products grows.
By Jessi Devenyns , Megan Poinski • Jan. 8, 2021 -
Courtesy of International Delight
ColumnLeftovers: International Delight travels to the Stone Age; Hidden Valley Ranch goes plant-based
Post Holdings, the maker of Fruity Pebbles and Cocoa Pebbles, is infusing its cereals into coffee creamers, and New Orleans businesses are bottling Mardi Gras.
By Food Dive staff • Jan. 8, 2021 -
Smithfield Foods prepares to vaccinate its workers
Although circumstances vary by state and the timeframes are not yet firm, the company is anticipating COVID-19 vaccine availability and distribution for critical employees within 60 days.
By Lillianna Byington • Jan. 8, 2021 -
Permission granted by EverGrain
EverGrain upcycles AB InBev's barley waste into plant-based protein
The company, started by the brewer's former head of sustainability, creates two unique ingredients from the waste, which adds up to millions of tons a year.
By Megan Poinski • Jan. 7, 2021 -
Impossible Foods CFO leaves to become president of AppHarvest
David Lee will join the developer and operator of large greenhouse farms to lead strategy as the company prepares to become publicly traded.
By Christopher Doering • Jan. 7, 2021 -
Getty Images
Coronavirus to weigh on Coke, Conagra and other CPGs in 2021, analysts say
The closure of away-from-home venues will impact the soda giant and competitor PepsiCo, while some food makers will struggle as consumers return to pre-pandemic meal preparation habits.
By Jessi Devenyns • Jan. 6, 2021 -
Impossible Foods slashes prices to foodservice distributors 15%
This is the second price cut in the last 12 months, and underscores the plant-based company's strategy to use both restaurants and stores to grab market share from traditional meat.
By Megan Poinski • Jan. 6, 2021
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