The Van de Kamp's and Mrs. Paul's products that are part of the transaction contributed approximately $75 million to Conagra's fiscal year 2024 net sales.
Kraft Heinz intends to continue its evaluation of strategic transactions to unlock shareholder value. The company has not set a timetable for completion of this process and does not intend to make any further announcements regarding the process.
Mount Franklin Foods will assume exclusive responsibility for US manufacturing, distribution, and retail sales of BUBS, a brand widely recognized for its vegan, gelatin-free gummies and signature "foamy" texture.
Over the past five years, Anheuser-Busch has invested nearly $2 billion in its 100 facilities across the country to enhance operations and advance technology
Anheuser-Busch is expanding its best-in-class Technical Excellence Center model – which has benefited more than 1,200 Anheuser-Busch employees since 2022 – across the country, starting with the launch of its new Columbus Regional Excellence Center, where it will upskill its entire regional technical workforce over the next three years.
The launch of Tandem Foods integrates the complementary expertise and strengths of TruFood and Bar Bakers under a single, cohesive identity that reinforces its position as a leader in the better-for-you snack space.
The deal gives Molson Coors exclusive commercialization rights to Fever-Tree’s US portfolio, alongside an equity investment by Molson Coors into Fevertree Drinks plc
Molson Coors assumes exclusive commercialization rights to Fever-Tree’s award-winning lineup of tonics, ginger beers, cocktail mixers and more in the US and will be responsible for co-manufactured production, marketing, sales and distribution of the brand in the US.
Anheuser-Busch and 1st Phorm, a premier sports nutrition and supplements company, announced plans to form a new partnership aimed at fueling new innovations within the rapidly growing energy drinks and related beverage segments.
As the bakery category continues to evolve, product developers are presented with opportunities to leverage trends and acquisitions to create innovative baked goods that resonate with today's consumers.
2025 will signal a marked acceleration of AI in marketing as companies move past pilot purgatory and can scale models that create highly personalized consumer interactions, automate processes, and provide predictive data and analytics strategies.
In any industry, you rely on data to help you make the next bold business move. Whether you are a retail store, manufacturer, ingredient supplier, or a foodservice operator looking to capitalize on the next food or beverage trend, having relevant data allows you to make better decisions that affect your bottom line. So you gather all the data.