The purchase of the brand behind Rao's, the largest for Campbell Soup since it purchased snacks maker Snyder’s-Lance for $4.9 billion purchase in 2018, continues a suddenly active period of M&A in the food space.
https://t.co/M8oPadv3Mj
Post was inspired to create waffles made with Pebbles after noticing consumers were adding the cereal to their breakfast recipes and nostalgic parents were feeding the cereal to their kids.
https://t.co/hvs0glnplk
Nestlé is testing a way to make a hot thin-crust DiGiorno pizza on demand in places such as college dorms and airports as the world’s largest food company looks to move the brand “beyond the freezer.”
https://t.co/D22oUXHgfe
Ferrero said its expansion underscores its long-term growth and leadership in the novelty category following its purchase of Blue Bunny and Halo Top maker Wells Enterprises.
https://t.co/ftyu7bJVri
.@MDLZ said its venture capital arm plans to at least double the number of companies in its portfolio as the manufacturer of Oreo and Ritz looks for new channels of growth. https://t.co/BD79kM4QB2
MIRACLE in DC: Our stolen Highlander was recovered last night!
Miracle DASHED: @USAA won’t cancel the total loss claim. Apparently they’d rather spend $18,000 on the claim than let us have our car back. @USAA_help
Once associated with health clubs and hardcore athletes, @PepsiCo's @MuscleMilk is finding broader appeal among consumers as an ingredient in coffee, ice cream and baked goods. https://t.co/jwlb8JwfIu
Following a series of changes, TreeHouse Foods CEO Steve Oakland said the snacks and beverages manufacturer has evolved into a more focused company that can better innovate and respond to the needs of retailers such as Walmart and Amazon. https://t.co/li4TJjMrkl
The discount retail channel is one of the fastest-growing segments for @Danone in the U.S. with sales of its International Delight, Danimals and other offerings forecast to top $100 million in 2023. https://t.co/WzN4muUSXM
The seventh limited-edition flavor to launch under the Coca-Cola Creations platform is more about prioritizing mood or experience rather than the flavor.
https://t.co/YKJIoI9OH6
TreeHouse Foods is spending $100 million to purchase a Northlake, Texas, coffee facility and non-direct store delivery coffee business from Farmer Brothers Company.
https://t.co/GUR3p0WdlR
Venture capital funding for food and beverage upstarts during the last four quarters — both the amount of money raised and the number of deals — is down significantly from the same period the year before, according to new data.
https://t.co/4SOkX1ocfD
Campbell Soup sold its Emerald nuts business to private label CPG manufacturer Flagstone Foods, the New Jersey company said. Financial terms of the deal were not disclosed.
https://t.co/EasOWcEBcd
Vita Coco is targeting new usage occasions and promoting the versatility of its product to consumers as it lays the groundwork for future growth, its founder told Food Dive.
https://t.co/XkvQLhOFpL