Food Dive
Snacks maker Utz Brands sold for $2.9B in go-private deal
Germany-based Intersnack will purchase the chip maker for $14.25 a share, with the transaction expected to close in the fourth quarter.
Food Dive
Gen Z isn’t drinking less after all
Younger drinkers imbibe at roughly the same rate as the rest of the population, upending a narrative that Gen Z is a “generation of moderation,” per an IWSR report.
Food Dive
Kraft Heinz, Disney enter long-term strategic marketing partnership
The partnership spans marketing campaigns, digital content and other branded opportunities across Disney’s media outlets, cruise line, parks and events.
Food Dive
General Mills subpoenaed in Florida ingredients investigation
The state’s attorney general is requesting safety information and documentation from the Pillsbury owner connected to breadmaking additive potassium bromate.
Food Dive
How Dum Dums owner Spangler created a candy empire built on nostalgia
The sweets maker has carved out an enviable niche in the $55 billion candy space with a unique collection of brands with storied histories, such as Sweethearts and Bit-O-Honey.
Food Dive
Food innovation no longer happens in the lab alone
Food innovation increasingly depends on ecosystems that can move concepts to shelf faster.
Food Dive
Coca-Cola suspends Fairlife production after ransomware attack
The beverage company is still working to determine the full scope of the breach at its dairy business.
Food Dive
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PepsiCo improves sustainable sourcing, delays emissions reporting
The company adjusted its environmental targets last year “to what we have confidence we can achieve.”
Food Dive
Leftovers: Welch’s takes on Uncrustables | Campbell’s launches high-protein soups
The juice and jelly brand is launching a refrigerated PB&J, while Cann removes THC for a new mood-boosting drink.
Food Dive
ADM to scale egg proteins with precision fermentation
The ingredients giant is collaborating with startup Every’s OvoPro to give food companies innovative new protein options.
Food Dive
The beverages that scored in the World Cup
Premixed cocktails and nonalcoholic beverages are seeing double-digit percentage sales increases, while domestic beer is facing only a moderate boost.
Food Dive
Marzetti taps former Unilever exec as supply chain head
Mark Carter will oversee the specialty food maker's continued efforts to simplify its network and improve productivity.