business

One of the leading wine suppliers in the United States is making strategic changes to its operations by closing a vineyard and letting go of 93 employees across multiple locations. This decision comes as the company adapts to shifting consumer…

New Developments: In a strategic move to boost sales, Nestlé is selling off its remaining ice cream assets as part of a broader review of its business operations. Nestlé’s international ice cream business will be gradually transferred to Froneri, as…

Flowers Foods Considers Selling Off Brands in Comprehensive Review Flowers Foods CEO Ryals McMullian has announced a “comprehensive review” of the company’s operations, supply chain, and financial strategy. This could potentially lead to the sale of certain brands in the…

Post Holdings Appoints Greg Pearson as President and CEO of Consumer Brands Division Post Holdings has announced the appointment of Greg Pearson as the new president and CEO of its consumer brands division, which includes popular products such as Honey…

Dive Brief: Hain Celestial is selling its North American snacks business, including Garden Veggie Snacks, Terra chips, and Garden of Eatin’, to Canadian snacks manufacturer Snackruptors for $115 million. The sale, set to close by the end of the month,…

Key Points: J&J Snack Foods is embarking on a business transformation with a focus on streamlining its manufacturing network, as revealed in its Q4 2025 earnings call. The company plans to close three production facilities by the end of Q1…

Dive Brief: Dive Insight: With beef prices on the rise, meat companies are exploring new avenues to satisfy the protein needs of American consumers. JBS recently acquired a 50% stake in Mantiqueira Brasil, a prominent egg producer in South America,…

Key Takeaways: Post Holdings is selling the pasta portion of its 8th Avenue Food & Provisions division to Richardson Holdings just two months after acquiring Ronzoni for $880 million. The deal involves Post receiving $375 million in cash and Richardson…

Dive Brief: After seven years of operating as a single entity, Keurig Dr Pepper is now undergoing a split. Dive Insight: The initial merger aimed to combine traditional sodas, coffee beverages, and healthier drink options under one roof. The company…

McCormick Expands Flavor Leadership in Mexico with $750 Million Investment Key Points: McCormick & Co. acquires majority ownership of joint venture in Mexico with $750 million investment. Company increases stake in McCormick de Mexico to 75% by purchasing additional 25%…