Unilever is launching Growing Roots, an organic, plant-based snack brand with a social mission. The company will donate half of all Growing Roots’ profits to support Unilever’s urban farming partnerships. The brand builds on Unilever’s multi-year urban farming commitment, which establishes and funds partnerships to unlock access to fresh foods and nutrition education in communities […]
Category: Center Store
General Mills Acquiring Blue Buffalo Pet Products For $8B
General Mills Inc. and Blue Buffalo Pet Products Inc. have entered into a definitive agreement under which General Mills will acquire Blue Buffalo for $40 per share in cash, representing an enterprise value of approximately $8 billion. General Mills expects the transaction to establish it as the leader in the U.S. “wholesome natural” pet food […]
Chacko To Succeed Papadellis As President Of Ocean Spray Cranberries
Randy Papadellis, president and CEO of Ocean Spray Cranberries Inc., announced Feb. 15 that he plans to leave the cooperative on July 1, 2018, capping an 18-year career. Effective immediately, Bobby Chacko, who has been serving as SVP and chief growth officer since 2017, has been promoted to president and COO. Papadellis, whose career in the food […]
Guiding Stars Changes Algorithms To Reflect FDA Nutrition Changes
Guiding Stars has updated the formula it uses to assign stars to thousands of foods in North America. The changes align with the Food and Drug Administration’s (FDA) updated recommended Daily Values (DV) for vitamins, minerals, sodium and fiber and reflect consensus of nutrition science regarding omega-3 fatty acids, DHA, EPA and artificial colors. Guiding […]
KDP Will Be Formed By Merger of Keurig, Dr Pepper Snapple
Dr Pepper Snapple Group (DPS) and Keurig Green Mountain announced a merger agreement on Jan. 29. The new company will be Keurig Dr Pepper (KDP). A completed merger would create a company comprising beverage brands Dr Pepper, 7UP, Snapple, A&W, Mott’s, Sunkist and Green Mountain Coffee Roasters; the Keurig single-serve coffee system; and more than […]
McCormick & Co. Makes Most Sustainable Corporation List
McCormick & Co. Inc. is the 23rd most sustainable corporation, according to the 2018 Corporate Knights Global 100 Sustainability Index released at the World Economic Forum in Davos, Switzerland. McCormick also was ranked number one in the Food Products Industry category for the second year on the list, which annually is released by Corporate Knights, a Canadian market research company. […]
Rice’s Honey Joins Forces With PACE To Promote Pollinator Awareness
Rice’s Honey, a producer of raw and unfiltered honey, has entered into a new partnership with PACE, “Pollinator Awareness Through Conservation and Education,” Butterfly Pavilion’s nonprofit global initiative to restore habitats, strengthen populations and reintroduce pollinators into native habitats around the world. A portion of proceeds from every bottle of Rice’s Honey sold will be donated […]
Post Holdings Exploring Strategic Alternatives For Private Brands Businesses
Acquisition of Bob Evans Farms expected to close on Jan. 12, new leadership appointments to follow Post Holdings Inc., a CPG holding company, plans to explore a range of strategic alternatives for its private brands businesses, which produce nut butter, dried fruit and nut, pasta and granola products for retailers, distributors and manufacturers. Post also […]
