General Mills Inc. executives provided investors and analysts an update on its strategic priorities and plans to accelerate growth at its Investor Day Oct. 14 at the company’s world headquarters in Minneapolis, Minnesota. Chairman and CEO Jeff Harmening, CFO Kofi Bruce and other General Mills executives outlined the company’s key growth initiatives focused on driving […]
Category: Center Store
Eagle Foods Commemorates 10th Anniversary
Cleveland, Ohio-based Eagle Foods, the CPG company with brands such as Hamburger Helper and Suddenly! (pasta sides), is celebrating its 10th anniversary. The company was founded in 2015 by Kelso & Co. acquiring businesses from J.M. Smuckers, including Eagle Brand Sweetened Condensed Milk and Evaporated Milk, Magnolia Sweetened Condensed Milk, PET Milk and Milnot Evaporated […]
The Kraft Heinz Co. To Separate Into 2 Companies
The Kraft Heinz Co.’s board of directors has unanimously approved a plan to separate the company into two independent, publicly traded companies through a tax-free spin-off designed to enable stronger performance while preserving the scale to compete in today’s environment. The separation aims to maximize Kraft Heinz’s capabilities and brands while reducing complexity, allowing both […]
The Wonderful Co. Calls For Central Valley Community Grant Applications
The Wonderful Company has opened the application period for its Wonderful Central Valley Community Grants. Over the past 10 years, The Wonderful Company and its co-owners, Lynda and Stewart Resnick, along with their foundations, have awarded more than $8.5 million in grants to more than 142 nonprofits and 165 schools in the San Joaquin Valley. […]
Ferrero To Acquire WK Kellogg Co.
The Ferrero Group has agreed to acquire WK Kellogg Co. for $23 per share in cash, representing a total enterprise value of $3.1 billion. The acquisition, which includes the manufacturing, marketing and distribution of WK Kellogg Co.’s portfolio of breakfast cereals across the U.S., Canada and the Caribbean, expands Ferrero’s reach with renowned brands and strong consumer relevance. Upon the […]
Seed Oil Free Certified Products See Triple-Digit Growth
Seed Oil Free Certified, the world’s first certification for products made without seed oils, has entered a strategic data partnership with SPINS, a provider of data and analytics for the wellness-focused CPG industry. This collaboration provides the first empirical look into an emerging consumer preference: the growing demand for products made without industrial seed oils. […]
General Mills To Remove Certified Colors From Portfolio By 2026
General Mills plans to remove certified colors from all its U.S. cereals and all kindergarten-12th grade school foods by summer 2026. In addition, the company will work to remove certified colors from its full U.S. retail portfolio by the end of 2027. This change impacts a small portion of General Mills’ K-12 school portfolio, as […]
Kraft Heinz Commits To Remove FD&C Colors By 2027
The Kraft Heinz Co. announced it will not launch any new products in the U.S. with Food, Drug & Cosmetic colors, effective immediately, and will remove the remaining FD&C colors from its U.S. product portfolio before the end of 2027. To date, nearly 90 percent of Kraft Heinz’s U.S. products are free of FD&C colors (by […]
