Post Holdings leads $25M funding round for Hungry Planet
Plant-based meat startup Hungry Planet Inc. has closed an oversubscribed $25 million Series A financing round led by Post Holdings and including Singaporean investment group TRIREC and other unnamed « plant-forward »… Lire la suite >>
Online grocery shopping quadruples since 2017
The COVID-19 pandemic has led to a major spike in shopping online for groceries, according to a new survey of nearly 8,000 consumers from PowerReviews. More than six in 10… Lire la suite >>
Post’s private label division to buy Ronzoni in deal valuing pasta brand at $95M
Post Holding’s private label unit 8th Avenue Foods & Provisions is buying Ronzoni dry pasta from Riviana Foods in a deal valuing the brand at $95 million. Riviana is a… Lire la suite >>
Let’s make a deal: How Nestlé is using M&A and multibillion-dollar divestitures to shape its portfolio
With more than $30 billion in transactions since 2018, the world’s largest food company is refocusing its offerings on faster-growing categories popular with consumers. Lire la suite >>
Nestlé claims Danone copied the packaging design for its Silk creamer
Nestlé filed a lawsuit against Danone claiming the company’s Silk brand coffee creamers copy unique branding and packaging designs from its Coffee-mate Natural Bliss line, the Switzerland-based company said in… Lire la suite >>
Post settles sugary cereal lawsuit for $15M and agrees to drop health-focused label claims
Post Consumer Brands received preliminary approval from a judge to settle a lawsuit accusing it of making misleading health claims on its cereals. As part of the settlement, Post will… Lire la suite >>
Danone-backed Forager Project launches line of plant-based cheeses
Forager Project is launching a new line of organic plant-based cheeses called Cheeseworks. The dairy-free cheeses include queso fresco, jack, shredded mozzarella, shredded parmesan and shredded jack. Lire la suite >>
Leftovers: The Laughing Cow debuts hybrid Blends; One Bar Fruity Cereal adds protein to a Saturday morning favorite
The new line is Bel Group’s latest effort in products that include dairy and plants, and Jeni’s takes its biggest savory step yet with a variety more suited to a… Lire la suite >>
Nestlé sells North American bottled water business for $4.3B
Nestlé is selling its North American bottled water business, including brands such as Poland Spring, Deer Park and Pure Life, to private-equity firms One Rock Capital Partners and Metropoulos &… Lire la suite >>
Nature Valley makes recyclable wrappers for granola bars
Nature Valley Crunchy granola bars will have fully recyclable plastic wrappers starting this spring, a first for the category. The new wrappers are a step toward the General Mills brand’s… Lire la suite >>
Coca-Cola transitions to bottles made from 100% recycled plastic
Coca-Cola is introducing new bottles made from 100% recycled plastic material across its portfolio, the beverage giant said in a statement. Its new innovations will reduce the use of new… Lire la suite >>
Uber buys alcohol delivery platform Drizly for $1.1B
Uber Technologies is buying alcohol delivery startup Drizly for about $1.1 billion in stock and cash, the companies said in a statement. Drizly’s on-demand alcohol marketplace is available in more… Lire la suite >>