Finances and Deals
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Keurig Dr Pepper picks JDE Peet’s CEO to helm coffee spinoff
Rafael Oliveira will lead the newly created Global Coffee Co. once it separates from the beverage giant.
By Laurel Deppen • April 1, 2026 -
Unilever to combine food business with McCormick in $45B deal
The transaction creates a global spice and condiments giant with a portfolio that includes Hellmann's mayonnaise and Frank's RedHot sauce.
By Sarah Zimmerman • March 31, 2026 -
Unilever taps influencer agency for food business as potential spinoff looms
Samy is tasked with developing a global influencer strategy for the CPG giant’s food business, which Unilever is in talks to sell to McCormick & Co.
By Chris Kelly • March 26, 2026 -
Chobani invests $567M in La Colombe plant expansion
The food and beverage giant has announced manufacturing projects totaling more than $2 billion in the last year to meet growing demand for its coffee, creamer and yogurt brands.
By Christopher Doering • March 24, 2026 -
Danone to buy protein and fiber food maker Huel
The Oikos parent is purchasing the powders and ready-to-drink beverage producer for a reported $1.2 billion, enhancing its presence in functional and complete nutrition.
By Christopher Doering • March 23, 2026 -
Unilever in talks to sell food business to McCormick
The deal would be the largest in the flavor giant’s history and create a condiment portfolio that includes Frank’s RedHot and Hellmann’s.
By Christopher Doering • March 20, 2026 -
After funding collapse, what’s next for food startups?
Despite changes in the investment landscape, startups remain “critical” for big food companies to remain competitive, according to Cargill and PepsiCo.
By Sarah Zimmerman • March 20, 2026 -
Hershey combines salty, sweets units to accelerate growth
The Reese’s maker also announced several leadership changes, including expanding the oversight of sweets head Andrew Archambault to include the full U.S. portfolio.
By Christopher Doering • March 19, 2026 -
General Mills to sell Brazil business for $153M as it sharpens focus
The divestiture marks the latest move by the Cheerios maker to improve margins and reposition its business for growth amid a challenging environment.
By Christopher Doering • March 18, 2026 -
EXCLUSIVE
Ingredion leverages AI to advance ingredient discovery
New partnerships with Shiru and Holobiome reflect how the supplier is working to accelerate innovations that support gut health or provide other benefits.
By Sarah Zimmerman • Updated March 18, 2026 -
General Mills revives taco shell maker La Tiara
The food manufacturer is bringing back and expanding the regional brand, which disappeared from shelves after its previous owner went out of business.
By Laurel Deppen • March 17, 2026 -
An ‘everyday choice’: Celsius surges as energy drinks become ‘mainstream’
CEO John Fieldly said more consumers are turning to the beverages as a companion to meals, an alcohol alternative and even when taking GLP-1s.
By Christopher Doering • March 16, 2026 -
French fry maker Lamb Weston urged to double cost cuts by activist investor
Starboard says the company needs to do more to “catch up” to its peers, such as Tyson and Hormel.
By Sarah Zimmerman • March 10, 2026 -
Hi-Chew owner to buy My/Mochi ice cream
The deal enables Tokyo-based Morinaga to expand its presence in U.S. snacking through the fast-growing frozen treats category.
By Sarah Zimmerman • March 9, 2026 -
Shock Top owner Tilray buys craft brewer BrewDog for $44M
The purchase of the struggling UK beer brand is set to grow the alcohol and cannabis company’s global beverage revenue to $500 million annually.
By Christopher Doering • March 4, 2026 -
Mondelēz CEO says M&A is harder as acquisition targets become ‘too expensive’
The Oreo maker's top executive said high valuations mean "it's not really worth" making deals unless a brand can offer a "unique competitive advantage."
By Christopher Doering • March 3, 2026 -
B&G Foods sells Green Giant frozen line
The deal with Seneca Foods will bring the brand's canned and frozen businesses back under one roof.
By Christopher Doering • March 2, 2026 -
Sponsored by Recess
The measurement gap: 4 costly myths hindering experiential and sampling ROI
Each year, food brands pour small fortunes into experiential marketing programs that leadership can’t confidently defend.
Feb. 23, 2026 -
Nestlé to sell off remainder of ice cream business
CEO Philipp Navratil called the segment "a distraction" as the company looks to slim down its portfolio and focus on its biggest brand opportunities.
By Sarah Zimmerman • Feb. 20, 2026 -
Hormel to sell off Thanksgiving turkey assets
The Jennie-O owner is divesting its whole bird business to Life-Science Innovations as it focuses more on deli meat and value-added products.
By Sarah Zimmerman • Feb. 19, 2026 -
The image by Hernán Piñera is licensed under CC BY-SA 2.0
Craft brewer Tilray inks licensing agreement for Carlsberg beer in the US
The Shock Top's owner is leaning into premium and imported brews, with its CEO saying beer “is here to stay.”
By Laurel Deppen • Feb. 19, 2026 -
Wonder bread maker taking ‘comprehensive review’ of business amid slump
Flowers Foods’ executives said the multiyear assessment could include plant closures or the sale of some brands.
By Christopher Doering • Feb. 13, 2026 -
Marzetti buys Japanese barbecue sauce brand for $400M
The purchase of Bachan’s expands the dip and dressing maker’s presence in the sauces and taps into better-for-you and global flavor consumer trends.
By Laurel Deppen • Feb. 10, 2026 -
Retrieved from Refresco on February 09, 2026
Plant-based food maker SunOpta sold for $1.1B
Dutch beverage giant Refresco is buying the producer as it expands into the better-for-you category.
By Laurel Deppen • Feb. 9, 2026 -
Retrieved from LesserEvil.
Behind Hershey’s ‘big bet’ on salty snacks
The Reese’s maker is building a formidable portfolio centered on pretzels, popcorn and other offerings that touch on the latest consumer trends.
By Christopher Doering • Feb. 9, 2026