The purchase from Farmer Brothers Company will give TreeHouse more control over the entire coffee-making process, which could increase its margins in the category.
#MKAfood#TreeHouse#coffee#mergersandacquisitions
https://t.co/roZFd57Kor
Titanium dioxide, a synthetic colorant which has been controversial for years, and was banned as a food additive last year by the European Commission, is getting another degree of scrutiny with this petition.
#MKAfood#TitaniumDioxide#FDA
https://t.co/2EKZ78CbpQ
Kellogg is dividing into two separate companies: WK Kellogg Co, a cereal-focused company, primarily targeting North America; and Kellanova, which will market snacks and plant-based items globally.
#MKAfood#Kellogg#Kellanova
https://t.co/R3hHsQqbBq
Campbell Soup sold its Emerald nuts business to private label CPG manufacturer Flagstone Foods. An outlier in Campbell’s broader snacking portfolio, the purchase by Flagstone is a logical one for the private label food manufacturer.
#MKAfood#EmeraldNuts
https://t.co/1QjsdpiNgU
Lara Ramdin, recently hired as Upcycled Foods’ chief innovation officer, says her company sees a burgeoning marketplace for reused items such as spent grain from beer making, cacao fruit syrup and coffee leaves.
#MKAfood#UpcycledFoods
https://t.co/TsMDjoXD2T
“It was time to complete our Ferrero legacy of what we call the legacy portfolio of Kinder,” said Catherine Bertrac, senior vice president of marketing for Kinder. Who's excited?
#MKAfood#KinderChocolate
https://t.co/ptLQ9DodsQ
These new products are mash-ups of some flavors and uses that consumers would not expect. A beer seasoned for cooking chicken, kids breakfast cereal flavored protein powder, and savory granola bars. Are they hits or misses?
#MKAfood#RandD
https://t.co/IkMpyr7bN4
The already struggling Bud Light Brand has seen its problems worsen since its marketing partnership with transgender influencer Dylan Mulvaney. Michel Doukeris, AB InBev’s CEO, downplayed the negative impact. What do you think?
#MKAfood#BudLight
https://t.co/ggb82uqNFL
Beyond Meat was sued by investors last week who claimed the company and individual leadership “made materially false and misleading statements and omissions, and engaged in a scheme to deceive the market."
#MKAfood#BeyondMeat
https://t.co/vOCbH0Tjfx
Fairlife has been a big winner for Coca-Cola recently. Coca-Cola has selected Webster, New York for a new 745,000-square-foot Fairlife production facility expected to create up to 250 new jobs.
#MKAfood#mergersandacquisitions#CocaCola#Fairlife#newjobs
https://t.co/oGrs1QWtfb
New young at heart products for grown-ups. Miller High Life infuses beer into chocolate; Twisted Tea blasts off with a popsicle-inspired drink; and allergy-friendly brand Partake brings a campfire treat to s’more consumers.
#MKAfood#newproducts#RandD
https://t.co/jxC9xS19kG
JBS USA named Wesley Batista Filho as its new CEO, effective May 1. Outgoing CEO Tim Schellpeper chose to retire. The CEO change comes at a time when the meat giant is working to settle several PR disputes.
#MKAfood#newCEO#JBS
https://t.co/LOVTsBe3hl
Tyson Foods will eliminate 10% of its corporate roles and 15% of its senior leadership positions, according to a letter to employees Wednesday from CEO Donnie King
#MKAfood#Tyson#corporate#eliminatingjobs
https://t.co/GRDv67o9Hy
Utz Brands is permanently closing its manufacturing facility in Birmingham, Alabama, on or around July 3. While this impacts about 275 employees, Utz said approximately 100 employees will continue working in Birmingham in its distribution center.
#MKAfood
https://t.co/xJ0lu1Qvm5
Food companies have a difficult balance to maintain right now, fighting continued inflation, though it is decelerating. They have to keep shareholders happy but brands also need to maintain their customer base.
#MKAfood#foodprices#inflation
https://t.co/ptYrONZT06
"The broader regenerative agriculture project could provide a long-term economic benefit for farmers if implemented properly, starting on smaller operations."
#MKAFood#GeneralMills#regenerativeagriculture
https://t.co/hY6KK8hJGf
Grupo Bimbo is best known for Entenmann’s and Sara Lee baked goods and Thomas’ English muffins, the company has been investing in and purchasing smaller upstarts like Olyra Foods that play in trendier categories.
#MKAfood#BimboVentures#OlyraFoods
https://t.co/YoffzMk0Tr
Kellogg has discontinued its MorningStar Farms' Ingomeato products which debuted in 2020. In the ensuing years, the plant-based meat category has faced headwinds as growth has stalled.
#MKAfood#Kellogg#discontinued#Incogmeato#MorningStarFarms
https://t.co/0t3Edpw7cU
As the new CEO of Hain Celestial, Wendy Davidson’s agenda is far different: She’s been hired to grow the business. “That’s how I’m wired,” she said. “I’m the right person at the right time.”
#MKAfood#HainCelestial#NewCEO
https://t.co/G3LRYrKwwB