portfolio

Horizon Family Brands has acquired Maple Hill Creamery, an organic dairy company, to solidify its position in the better-for-you food and beverage market. The financial details of the transaction were not disclosed. Founded in 2009 and based in New York,…

Ingredion is teaming up with Cosaic, gaining access to the startup’s innovative product to enhance plant-based and dairy products while also accelerating efforts to leverage external innovation to expand its product portfolio. Ingredion has been monitoring Cosaic for 18 months,…

Molson Coors Explores New Acquisitions Beyond Beer Molson Coors is considering new acquisitions to diversify its portfolio beyond beer and combat declining alcohol sales. Newly appointed CEO Rahul Goyal revealed in an earnings call that the company is looking to…

Sazerac has recently acquired the renowned small batch spirits producer Western Son Vodka and Distillery based in Texas, marking a significant addition to their portfolio. Known for its diverse range of flavored vodkas and gin distillation, Western Son’s acquisition complements…

Amazon Launches New Value-Focused Private Label Food Brand Dive Brief: Amazon has recently unveiled a new private label food brand called Amazon Grocery, offering quality products at affordable prices. This new brand replaces Amazon Fresh and Happy Belly, and most…

Summary: B&G Foods has divested two of its tomato brands to a private equity company as part of its strategy to reduce debt and streamline its portfolio. Violet Foods, a newly established entity under Amphora Equity Partners, will take over…

Key Points: Hain Celestial is in search of a new CEO following Wendy Davidson’s departure. The company is conducting a comprehensive review of its portfolio to enhance value. Despite its focus on healthier foods, Hain has seen a decline in…

General Mills has maintained its progress in making its entire packaging portfolio recyclable or reusable at 93% in fiscal year 2024, the same rate reported the previous year. The company has set a target to achieve 100% recyclable or reusable…

Dive Brief: Unilever acquired The Vegetarian Butcher in 2018, experiencing significant growth and expanding globally to over 55 markets. However, under new CEO Fernando Fernandez, Unilever is streamlining its portfolio, leading to the decision to sell The Vegetarian Butcher. The…

Welcome to The Weekly Sip, Food Dive’s column dedicated to the latest news in the dynamic and expanding beverage industry. From exciting product launches to major investments and trending topics, this column aims to keep you updated on all things…