May 25 - General Mills shuffles execs in restructuring | Kodiak Cakes bought by L Catterton
Kodiak Cakes purchased by private equity firm L Catterton; Ferrara and Utz partner on sweet and salty snack multipacks; Takis expands further into snacking with 4 new products; Chr. Hansen Natural Colors changes its name to Oterra
At least five high-profile moves have happened as part of the company's Accelerate strategy for growth, with two new executive positions created and at least two eliminated.
The pancake and waffle manufacturer is the latest small company to get acquired in recent months as investors cash in on the growth of better-for-you food offerings.
In addition to the Hot Nuts it debuted in October, the spicy brand loved by younger consumers is launching popcorn, potato chips, corn sticks and cheesy snacks.
The new identity, which comes after the company's acquisition of Secna Natural Ingredients, places an emphasis on sustainable sourcing for food coloring.
The new company, with baked goods developed through a proprietary process, raised $1.2 million in February and plans to launch its first product this week.
Food Dive provides in-depth journalism and insight into the most impactful news and trends shaping the food industry. The newsletters and website cover topics such as manufacturing, packaging, ingredients, R&D, flavor trends, and more.
Food Dive is a leading publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 10+ million decision makers in competitive industries.
This email is optimized for display on mobile phones. Food Dive: Daily Dive is a product of Industry Dive, Inc. 1255 23rd Street NW, Suite 550, Washington, DC 20037. We value your privacy. We won't share your email address with anyone else without your permission. This message was sent to edwardlorilla2001.tower2@blogger.com. You can unsubscribe or switch to a weekly newsletter subscription anytime. See our full privacy policy.
No comments:
Post a Comment