business

KANSAS CITY — Companies are introducing exciting new products to their classic brand portfolios. The Campbell’s Co. is enhancing its V8 Energy line by adding electrolytes. This beverage line now includes drink mix sticks and ready-to-drink canned options. The drink…

General Mills Inc. has finalized the sale of its Brazil business to Grupo 3corações, a food and beverage company, as part of its ongoing portfolio transformation. The $153 million transaction, which was announced earlier this year, includes popular local brands…

Marzetti Co. in Westerville, Ohio, achieved another year of record sales thanks to the success of the Bachan’s Japanese barbecue sauce brand. Additionally, Texas Roadhouse dinner rolls continued to gain traction, despite facing tough year-over-year comparisons. In the fiscal year…

DENVER – New product innovations showcased at the Newtopia Now tradeshow Exciting new products were on display at the Newtopia Now tradeshow, which took place from Aug. 18-20. From emerging startups to established brands, exhibitors presented a wide range of…

CHICAGO — The demand for convenient, flavor-forward foods and beverages is on the rise, and popping boba is emerging as a popular choice for adding a new and exciting experience to menus. Thanks to ingredient suppliers investing in technology to…

Gluten-free products continue to gain popularity in the market. Caulipower introduces a new high-protein pizza made with Greek yogurt and cauliflower. This gluten-free supreme pizza packs 42 grams of protein and 6 grams of fiber. The Campbell’s Co. is also…

Key Points: Ardagh Metal Packaging, a subsidiary of Ardagh Group, is considering a potential sale as disclosed by Ardagh Holdings. The sale could involve the transfer of equity interests in Ardagh Metal Packaging to a third-party buyer. Specialty cans, particularly…

Dive Brief: IFF is selling its food ingredients business to CVC Capital Partners for $4.3 billion, as part of its strategy to streamline operations and boost profitability. IFF will retain a 10% stake in the unit to facilitate collaboration with…

Ingredion, a leading ingredient supplier in the country, is adapting its business strategy in response to an overwhelming demand from food and beverage companies. These companies are seeking to reformulate their products to align with the latest consumer trends. The…

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…