Corporate Operations: Page 7

  • Bottles of Oikos Protein Shakes
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    Courtesy of Danone
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    Danone brings Oikos into the $7 billion protein shake market

    The offering is part of a broader effort by the CPG giant to bring its yogurt brands into new, fast-growing food categories.

    By • May 13, 2025
  • A photo of nutritional shakes are seen against a backdrop of strawberries
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    Courtesy of Kate Farms
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    Danone to buy majority stake in plant-based nutrition shake maker Kate Farms

    The yogurt giant is building up its specialized nutrition business in the U.S. as it sees strong momentum for medical feeding products abroad.

    By • May 12, 2025
  • Mergers and acquisitions Explore the Trendline➔
    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
  • Ferrero's Nutella Peanut spread
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    Courtesy of Ferrero
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    Ferrero launches a Nutella spread with peanuts to fuel US growth

    The product, the first flavor innovation for the 61-year-old cocoa and hazelnut brand, will reach store shelves next spring.

    By • May 9, 2025
  • ADM logo displayed at the entrance to a building
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    JHVEPhoto via Getty Images
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    ADM ingredients business ‘on path to recovery’ after accounting scandal

    The crop trader’s CEO said demand for natural flavors and colors is boosting profits at the company’s beleaguered nutrition unit.

    By • May 8, 2025
  • A Beyond Meat burger, meatball as well as a chicken nuggets lay on a table
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    Joe Raedle via Getty Images
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    Beyond Meat secures $100M to pay down debt as plant-based sales suffer

    The alternative meat producer said volumes dropped by nearly a quarter in the U.S. due to a distribution hiccup and cautious consumer spending. 

    By • May 8, 2025
  • Pop-Tarts displayed in a Target in LA, California on Oct. 12, 2023
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    Mario Tama via Getty Images
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    Kellanova CFO resigns, joins Johnson & Johnson spinoff

    As Kenvue’s CFO, Amit Banati is set to receive a $2.5 million one-time cash bonus, the company said.

    By Grace Noto • May 8, 2025
  • Bottles of Pepsi soda are displayed in a store on March 17, 2025 in New York City.
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    Spencer Platt via Getty Images
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    PepsiCo taps Amazon Web Services to accelerate digital transformation, AI adoption

    The snack and beverage maker plans to improve real-time insights as part of a multiyear partnership with AWS.

    By Lindsey Wilkinson • May 8, 2025
  • Products made by Hain Celestial
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    Permission granted by Hain Celestial
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    Hain Celestial CEO exits as Sleepytime tea maker conducts portfolio review

    The healthy food and beverage manufacturer’s stock has fallen to a record low as it struggles with mounting competition and falling sales.

    By • May 7, 2025
  • Sha'Carri Richardson gets set on a track in a Sprite ad
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    Courtesy of Sprite
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    How Sprite surpassed Pepsi by living and breathing pop culture

    The Coca-Cola brand, which relaunched its “Obey Your Thirst” platform last year, recently became the No. 3 carbonated soft drink in the U.S.

    By Chris Kelly • May 7, 2025
  • Cans of Ghost Energy drinks.
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    Retrieved from Ghost.
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    Ghost ends Sour Patch, Oreo flavor collaborations after Mondelēz lawsuit

    The snacks giant said the brand broke its partnership, which included the sale of Sour Patch energy drinks, when it agreed to sell its assets to Keurig Dr Pepper for over $1 billion last fall.

    By • May 6, 2025
  • Bottles of Just Ice Tea.
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    Courtesy of Just Ice Tea
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    The Honest truth: Just Ice Tea filling void left by Coca-Coca

    After Honest Tea was discontinued by the beverage giant in 2022, its co-founder saw an opportunity in the market for an organic, less sweet drink.

    By • May 6, 2025
  • A person holds a silver-wrapped Choco Taco ice cream novelty
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    "Choco Taco." by tbiley is licensed under CC BY 2.0
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    Opinion

    The snacks we grew up with are at risk of disappearing from shelves – if they haven’t already

    Beloved products trusted for generations are now facing a crisis as rising costs, shifting purchasing patterns and regulatory scrutiny pressure legacy brands, writes Keren Novak of Curion.

    By Keren Novack • May 5, 2025
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    Scott Olson via Getty Images
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    Hershey seeks tariff exemption for cocoa from White House

    The Kisses maker said duties on the commodity, which cannot be grown in the U.S., is expected to result in millions of dollars in extra costs.

    By • May 2, 2025
  • Pepsi and Walmart are collaborating on a $120M investment in regenerative agriculture.
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    Courtesy of Walmart
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    Why HowGood thinks food industry climate goals will withstand Trump rollback

    The emissions tracking platform said companies are still looking for new ESG tools, even as regulatory pressures shift.

    By • May 1, 2025
  • A package of Chef Boyardee's
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    Courtesy of Conagra Brands
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    Conagra to sell Chef Boyardee to private equity firm for $600M

    The sale comes as the CPG giant focuses on its core snacks and frozen meals offerings, including Slim Jim and Healthy Choice.

    By • May 1, 2025
  • twisted tea
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    Courtesy of Twisted Tea
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    Column

    The Weekly Sip: Boston Beer throws a tea party | PepsiCo pours Lipton into lemonade

    In other beverage news, women-founded brand Gorgie raised $24.5 million for its better-for-you energy drink.

    By • May 1, 2025
  • Snacking brands made by PepsiCo's Frito-Lay division on a grocery store shelf in Washington, D.C.
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    Christopher Doering/Food Dive
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    Snacking takes a hit as consumer spending shifts to food staples

    PepsiCo, Mondelēz and Campbell’s are among the companies noting a slowdown in chips, cookies and other treats as shoppers prioritize essentials such as meats and eggs.

    By • April 30, 2025
  • coca cola
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    Justin Sullivan via Getty Images
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    Coca-Cola sales slip following boycott among Hispanic consumers

    The soda giant said a false viral video claiming the company reported Latino workers to ICE contributed to volume declines amid economic uncertainty.

    By • April 30, 2025
  • NASCAR driver Toni Breidinger in an 818 Tequila campaign
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    Permission granted by 818 Tequila
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    Why 818 Tequila tapped a NASCAR driver to accelerate cultural marketing

    CMO Kathleen Braine explains how partnering with trailblazing driver Toni Breidinger helps boost the reach of the Kendall Jenner-founded brand.

    By Chris Kelly • April 30, 2025
  • Containers of Nestle hot chocolate mix are seen on a store shelf February 23, 2006 in San Francisco, California.
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    Justin Sullivan via Getty Images
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    Nestlé changes how it reports nutritional value of food after criticism

    Investor coalition ShareAction has called on the DiGiorno and Nespresso manufacturer to improve the health content of its food and beverage portfolio.

    By • April 29, 2025
  • Chips Ahoy packaging against a white backaground.
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    Courtesy of Mondelēz International, Inc.
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    A ‘new chapter’ for Chips Ahoy!: How Mondelēz is innovating the iconic cookie brand

    The food giant is bringing the $1 billion-plus treat deeper into other snacking categories such as cakes and pastries.

    By • April 29, 2025
  • Closeup of a person picking up tomatoes at a grocery store.
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    ZeynepKaya via Getty Images
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    Shoppers expect to spend 8% more on groceries due to tariffs, survey finds

    A KPMG poll found a majority of participants believe Trump's trade war will push up prices for food more than any other category of goods.

    By Sam Silverstein • April 28, 2025
  • A person looks very closely at a items on a shelf.
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    97 via Getty Images
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    Deep Dive

    The latest tariff challenge for businesses? Setting prices.

    Deciding whether to pass on higher costs to already cash-strapped consumers has become “a really tough needle to thread,” one analyst said.

    By Daphne Howland • April 28, 2025
  • Cans of Nestle products
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    Christopher Doering/Food Dive
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    Nestlé names company veteran to run its Americas region

    Jeff Hamilton replaces Steve Presley who is retiring after nearly 30 years with the Lean Cuisine and Nespresso maker.

    By • April 25, 2025
  • cocoa trees
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    NNehring via Getty Images
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    Nestlé and Ofi combat cocoa deforestation with regenerative agriculture program

    The chocolate giant and ingredients processor plan to plant nearly 3 million trees in growing regions and track its carbon footprint using AI tools.

    By • April 24, 2025