The restructuring comes as the supplier of frozen potato products faces sluggish demand for its offerings at restaurants and retailers.
The acquisition expands on the New York company’s efforts to improve the healthiness of its snacking portfolio as consumers watch more closely what they eat.
While the premium brand has branched out into pasta, frozen entrees, pizza and soup, executives said about 75% of sales will come from its fast-growing jarred sauce.
The new structure includes the creation of a unified Human Foods Program, the adoption of a new model for the FDA's field operations and will mean more inspections for CPGs, according to experts.
The coming year is filled with a variety of conferences, including food-tech and plant-based events, and new ingredient showcases. Food Dive has compiled a list of some of the biggest and best.
With the investment, the company aims to boost its capacity for “beyond beer” beverages like Cutwater and Nütrl vodka seltzer, two ready-to-drink canned cocktails. The Bud Light brewer said it will ...
The iconic chocolate brand is thinking outside of its shell with a new flavor and a sugar-free jam brand launches a spicy surprise.
The proposal to buy the company for $25 a share comes as Lifeway’s leadership remains embroiled in a bitter family dispute and the manufacturer faces shareholder calls to sell itself.
The innovation, the first outside of its signature condiment in more than five years, comes as the packaged food giant looks to generate $2 billion in incremental net sales by 2027.
The manufacturer is leveraging its logistics partnerships to help the nonprofit bring food to communities in need across Europe.
John Paul DeJoria wants to expand distribution of the 15-year-old botanical-infused spirits brand beyond its existing markets of Texas and Florida.
The Israeli start up developed a technology to create self-assembled micelles, also known as the primary building blocks of dairy products.