Headlines

Mondelēz International is exploring a possible acquisition of candy and snack rival Hershey, according to a Bloomberg News report citing private sources familiar with the matter. The combination would bring together such brands as Oreo, Ritz, Reese’s and SkinnyPop and generate annual sales of almost $50 billion.

At Nosh Live Winter 2024 Day Two, attendees heard how maintaining focus, driving discovery and using viral moments can help lead a brand to lasting success.

Mochi Love was named the winner of Pitch Slam 15, Nosh’s annual pitch competition for emerging food brands sponsored by Vdriven. Launched in 2024 by Brandie and Will Miller, the California-based brand produces a line of “crème clouds,” refrigerated mochi bites featuring a French crème center.

Nosh Live Winter 2024 kicked off on Thursday in Marina Del Rey, Calif., with panels, presentations and conversations that pieced together fundamental components of successful CPG businesses and offered brands advice on how to navigate current economic headwinds, shifting consumer habits and prepare for an uncertain landscape in the years to come.

The CPG Week team teases next week’s BevNET Live Winter event in Marina Del Rey, California.

The EVERY Company has combatted a tough investment terrain to become the latest food tech outfit to lock in funds, totaling $2 million, from the U.S. Department of Defense, according to an announcement this week.

Today we are examining how a continued shift to private label and ecommerce will shape volume and sales growth amid high food prices in 2025.

Lillie’s Q Sauces & Rubs has been sold to manufacturing company OWS Foods as it looks to accelerate growth within new channels including conventional grocery, foodservice and club stores.

Unilever is looking to sell several European food brands with combined sales of €1 billion (USD$1.05 billion), according to a Reuters report, with sources previously telling the publication that the conglomerate was in talks to sell some of its Dutch food brands, including Unox soups and Conimex seasonings, as well as smaller food brands in Britain.

The EVERY Company has combatted the tough investment terrain and managed to lock in $2 million in new funds from the U.S. Department of Defense, according to an announcement this morning.