Hormel Foods Establishes Partnership with Forward Consumer Partners Hormel Foods is selling a majority stake in Justin’s, the popular nut spreads and confectionery brand, to a private investment firm for an undisclosed amount. The Spam and Planters manufacturer is selling…
Foods
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California Implements Ban on Ultraprocessed Foods in School Meals California recently passed legislation that will ban certain ultraprocessed foods from school meals, marking the first legal definition of the term in the United States. Governor Gavin Newsom signed the law,…
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Key Takeaways: Hormel Foods has decided to cease bacon production at its Tucker, Georgia, plant in order to enhance its manufacturing operations, as stated in a communication to Supply Chain Dive. The company made the decision to halt production at…
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Danone has decided to pause litigation against Lifeway Foods and will vote in favor of the company’s board as part of a comprehensive agreement. This development follows Danone’s recent announcement that it was dropping its year-long attempt to acquire the…
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Key Points: Danone has decided to no longer pursue an acquisition of kefir maker Lifeway Foods. The company is also reviewing options for its 23% stake in Lifeway, including a potential sale. Danone opted out of the buyout due to…
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Food News
Leftovers: Skittles brings the heat with spicy gummies | Siete Foods gets into kids’ meals
Leftovers: Sweet and Spicy Skittles, Latino-Inspired Kids’ Meals, and Tropical Cocktails Leftovers is our take on the latest product innovations making waves in the food industry. From sweet and spicy candies to Latino-inspired kids’ meals, here are some exciting ideas…
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Dive Brief: The Trump administration is considering restrictions on food companies’ marketing of unhealthy foods to children, as revealed in a leaked draft of a White House report obtained by Politico. The Department of Health and Human Services, along with…
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Dive Brief: V2food, a leading plant-based meat company in Australia, has acquired Daring Foods, a vegan chicken producer, to expand into the U.S. market. The acquisition, along with a partnership with Ajinomoto Co., a Japanese ingredients company, will help v2food…
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Key Takeaways: An in-depth report from the Centers for Disease Control and Prevention reveals that ultra-processed foods, such as salty snacks and frozen meals, account for over half of the daily calories consumed by Americans. However, there has been a…
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Key Points: B&G Foods has sold its Le Sueur brand of premium sweet peas, green beans, and carrots to McCall Farms for an undisclosed amount. The proceeds from the sale will be used for general corporate purposes such as paying…