Food Dive
Threat group claims credit for ransomware attack on Coca-Cola’s dairy unit
The attackers previously exploited vulnerabilities or used stolen credentials for initial access.
Food Dive
Jeni’s exec says ‘intentional indulgence’ is sweetening ice cream sales
Despite the gourmet ice cream brand’s high price tag, household penetration has accelerated as more consumers look to treat themselves with premium products.
Topics: CPG
Entities: CPG
Food Dive
+ 1 source (Food Dive and Supply Chain Dive)
JM Smucker snags Hershey exec as SVP of operations, supply chain
Douglas Guilherme will step into the role on July 29 with over 30 years of experience, including stints at the chocolate maker and Procter & Gamble.
Topics: Supply Chain
Entities: Supply Chain
Food Dive
IFF sells natural ingredients business
Nutraceutical firm SuanNutra is acquiring the fragrance and flavor giant’s range of natural colors and functional ingredients.
Food Dive
Mars Snacking to close US headquarters in New Jersey
The Pringles maker plans to shutter the Newark location by the end of 2027 as it shifts more of its operations to Chicago.
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.