Finances and Deals

  • laird creamers reformulated
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    Courtesy of Laird Superfood
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    Laird Superfood buys better-for-you food maker Terrasoul for $48M

    The acquisition, funded with the help of a private equity firm, is "a significant step forward” in building a superfoods and functional nutrition giant, Laird’s CEO said.

    By • April 24, 2026
  • Bags of Blue Bottle coffee are on a store shelf
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    Justin Sullivan via Getty Images
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    Nestlé sells Blue Bottle Coffee to Centurium Capital

    The deal includes the brand's cafes and the majority of its CPG business, a spokesperson confirmed.

    By • April 23, 2026
  • Cans of Poppi soda are displayed on a shelf Explore the Trendline➔
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    Spencer Platt via Getty Images
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    Trendline

    Inside the functional beverage frenzy

    Major companies like PepsiCo and Monster are adding ingredients to boost emotional or physical wellness as consumers demand more out of their drinks.

    By Food Dive staff
  • Three bags of Nerds Gummy Clusters, surrounding Trolli Sour Bursting Crawlers
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    Thai Phi Le/Food Dive
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    Nerds maker Ferrara to spend $675M on new South Carolina plant

    The 750,000-square-foot facility is a “major step forward” for the company in positioning itself as a leader in candy, its CEO said.

    By • April 23, 2026
  • A customer picks up a Snickers Bar in a supermarket August 18, 2005 in Sydney, Australia.
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    Getty Images
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    Mars, Ofi collaborate to cut carbon footprint of cocoa production

    The confectionery giant and ingredients supplier’s five-year project aims to employ regenerative agriculture practices and reduce emissions across their shared supply chain in Ecuador.

    By Zoya Mirza • April 22, 2026
  • Packages of The Laughing Cow at a Washington, D.C., area grocery store.
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    Christopher Doering/Food Dive
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    No more ‘sleeping beauties’: Babybel owner quietly emerges as US healthy snacks powerhouse

    Despite strong growth with brands tailored to today’s trends, new North American CEO Peter McGuinness said the cheese snacks and fruit and veggie pouch maker needs to do more to promote its offerings.

    By • April 21, 2026
  • Chobani yogurt is pictured in a grocery display case.
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    Brandon Bell via Getty Images
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    How Chobani’s protein push is reshaping its dairy empire

    The yogurt giant's head of commercial growth says the company could lean on innovation or M&A as it looks to expand further into dairy, noting it's still not in every category.

    By • April 15, 2026
  • Two cans of the Finnish Long Drink in different flavors are next to each other.
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    Courtesy of Mark Anthony Group
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    White Claw owner buys celebrity-backed Finnish Long Drink

    The acquisition is the first for Mark Anthony Group's new CEO Phil Rosse as he looks to double the company's global presence in alcohol.

    By • April 14, 2026
  • A display of Suja Life's products, including Suja, Vive Organic and Slice Soda.
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    Retrieved from Securities filing.
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    Slice soda maker Suja Life files for IPO

    The wellness shot and cold-press juice company hopes a public debut will position the brand as the “definitive leader in better-for-you beverages.”

    By • April 13, 2026
  • Hershey milk chocolate candy bars are displayed
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    Justin Sullivan via Getty Images
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    Hershey’s CEO stays ‘hungry’ for growth as snack giant outpaces rivals

    Strength in permissible snacks and iconic brands, such as Reese’s, has enabled Hershey to grow despite inflation, GLP-1 adoption and other headwinds.

    By • April 7, 2026
  • Cans of Hormel chili are displayed on a shelf.
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    Justin Sullivan via Getty Images
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    Hormel modernizes supply chain with AI

    The food company is using o9’s forecasting tools to model demand drivers, reduce manual overrides and sharpen seasonal forecast accuracy.

    By Antone Gonsalves • April 6, 2026
  • Peet's Coffee Keurig cups are for sale on a store shelf.
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    Michael M. Santiago via Getty Images
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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 • April 1, 2026
  • McCormick spices are displayed
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    Justin Sullivan via Getty Images
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    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 • March 31, 2026
  • Unilever appoints Samy
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    Courtesy of Unilever
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    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's La Colombe plant in Michigan.
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    Permission granted by Chobani
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    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 • March 24, 2026
  • Packages of Huel high-protein meals
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    Courtesy of Huel
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    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 • March 23, 2026
  • Hellmann's flavored mayo offerings sold in the US by Unilever.
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    Permission granted by Unilever
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    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 • March 20, 2026
  • A look at greens at one of Bowery Farming's indoor farms.
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    Courtesy of Bowery Farming
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    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 • March 20, 2026
  • A box of Hershey bars sits in a store.
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    Justin Sullivan / Staff via Getty Images
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    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 • March 19, 2026
  • Boxes of cereal at a grocery store.
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    Getty Images
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    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 • March 18, 2026
  • A peptide (in green) being captured by OppA (in orange), a protein taxi of Lactococcus lactis, responsible for transporting it into the bacterium where it is broken down into the essential amino acids the bacteria needs to survive and thrive in the gut.
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    Courtesy of Shiru
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    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 • Updated March 18, 2026
  • A box of La Tiara taco shells sits displayed on a round table.
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    Courtesy of General Mills
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    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 • March 17, 2026
  • Cans in Celsius Holdings' portfolio.
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    Courtesy of Celsius Holdings
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    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 • March 16, 2026
  • French fries
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    Lauren DeCicca via Getty Images
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    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 • March 10, 2026
  • My/Mochi Ice Cream
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    Courtesy of Morinaga & Co
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    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 • March 9, 2026
  • Cans of BrewDog beer
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    Jeff J Mitchell via Getty Images
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    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 • March 4, 2026