The food giant’s board unanimously approved a tax-free spin-off, two companies to sharpen strategic focus, reduce complexity and unlock long-term shareholder value
In May 2025, Kraft Heinz announced the company’s board of directors and executive leadership team had been evaluating potential strategic transactions to unlock shareholder value. The strategic review was led by the company’s core belief that increased focus will translate into better performance and was guided by five principles.
Undergraduate and graduate teams are invited to create new dairy products targeting bone, muscle and weight management, with top winners earning cash prizes and industry recognition
This annual contest challenges students to create forward-thinking products that showcase the power and versatility of dairy in promoting health and wellness. The deadline for entries is Jan. 12.
The Food Away from Home Association projects a 1.1% inflation-adjusted increase in 2026 supplier purchases, with menu inflation expected to ease and resilience continuing across restaurants, c-stores, cafeterias and emerging formats like ghost kitchens
IFMA anticipates a slowdown next year in menu inflation, or what many in the industry cite as the key reason for declining orders of meals prepared outside the home. The association expects food costs to rise by 3% next year, compared with the 3.9% it projects for 2025.
Buhler’s diverse experience and proven sales success position him to lead Butter Buds’ ingredient sales team, drive growth and advance customer-focused innovation
This strategic appointment reflects Butter Buds’ ongoing commitment to fostering talent and strengthening its sales leadership to drive continued growth and innovation.
The James Ford Bell Technical Center will gain a new two-story pilot plant wing, boosting R&D space by 20% and reinforcing the company’s commitment to long-term growth and breakthrough product development
The expansion will provide flexible spaces to accelerate research and innovation across the company’s business units, offering greater flexibility to meet evolving demands and providing more space for both core growth and new business initiatives.
With its Eldorado-based Ranchito now fully operational, Plantible is ramping up production of its lemna-derived protein, driving sustainability, local job growth and the next generation of food innovation
The facility—known as the Ranchito—represents a significant step forward in Plantible's mission to reshape global food production by harnessing the power of plants.
The acquisition of JDE Peet's will significantly enhance KDP's coffee positioning, creating a strong, resilient and diversified global portfolio. It will also unlock incremental operating and financial benefits, including approximately $400 million in anticipated cost synergies to be realized over three years and EPS accretion expected to start in year one of the combination.
San-Ei Gen launches proprietary San-Ei Blue formulations with improved heat and light stability, offering developers new options for vivid blue, green and purple hues beyond spirulina
Gardenia (genipin) blue can be used in processed food products, such as sports drinks, flavored water (soft drinks other than carbonated beverages), fruit juice beverages, tea drinks, hard candies and soft candies, which are manufactured and sold in the US
Each brand will be matched with a hand-picked mentor team of top CPG leaders, founders, and investors who all are dedicated to help them successfully scale their business.
Imbibe’s taste solutions—SweetSense and NonSense—offer targeted support to mitigate off-notes, round out flavor profiles, and enhance sweetness perception, enabling developers to meet clean label goals without compromising on taste.