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…
Foods
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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…
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Conagra Brands to Remove Artificial Colors from U.S. Frozen Portfolio Conagra Brands has announced that it will be removing artificial colors from its U.S. frozen portfolio by the end of this year. This move aligns with the company’s commitment to…
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General Mills Commits to Removing Artificial Colors from Portfolio by 2027 General Mills has announced plans to remove artificial colors from its U.S. retail portfolio by the end of 2027. The company will also eliminate synthetic dyes from its U.S.…
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When Hormel Foods made a significant investment of $3.35 billion four years ago to acquire Kraft Heinz’s snack nut portfolio, much attention was focused on the standout product of the deal: Planters nuts.Read more. However, nestled within this acquisition was…