Articles Tagged with ''corporate strategies''

The Marzetti Company has agreed to acquire Bachan’s, a Japanese barbecue sauce brand, in a $400 million transaction. The move underscores growing demand for authentic global flavors and clean-label formulations across retail and foodservice.

The reorganization consolidates blending, tolling and packaging services with a broader ingredient lineup spanning plant-based systems, vitamin premixes and functional blends — signaling closer integration of R&D, piloting and commercialization support for product developers.

Amid continued volume declines in center-store categories, Kraft Heinz is redirecting capital toward R&D, marketing and product superiority initiatives — signaling renewed emphasis on formulation upgrades and brand reinvestment heading into 2026.

Hain Celestial Group has agreed to sell its North American snacks business to Snackruptors Inc. for $115 million in cash. The move supports a streamlined portfolio focused on higher-margin core categories, including tea, yogurt and baby and kids.

Vibrant Ingredients has promoted Jillian Hermanowicz to chief marketing officer following her leadership of the company’s 2025 rebrand. In the role, she will continue to oversee enterprise marketing, insights and communications while partnering closely with sales and R&D to support growth.

Creations Foods USA Inc. and Get Real Foods LLC, dba REAL Cookies, completed a strategic merger to form a vertically integrated CPG platform dedicated to healthier snacking across North America. The combination brings together scalable manufacturing capabilities with award-winning cookie brands built around simple ingredients and indulgent taste.

The Coca-Cola Co. is rolling out a slate of leadership changes effective March 31, 2026, including Henrique Braun’s move to CEO. The company is also elevating digital leadership and reorganizing market oversight to drive faster, more consumer-centric growth.

Laird Superfood entered an agreement to acquire Navitas for $38.5 million in cash, pending shareholder approval and expected to close in early 2026. The acquisition is designed to broaden Laird’s product lineup while creating supply chain, sourcing and distribution synergies.

NextFoods closed a $10 million Series 3 funding round led by ECP Growth to support expansion of its science-backed functional nutrition portfolio. The capital will drive product innovation and national retail growth for GoodBelly and Cheribundi.

Jensen Meat Company is consolidating Before the Butcher, Cool Beans and its co-manufacturing operations under a single plant-based division to accelerate flavor innovation and operational efficiency. The unified structure enhances support for emerging brands while expanding high-quality, plant-based options for consumers across lifestyles and dietary needs.