News
Food and beverage industry news.
Stoked Oats Expands Beyond Breakfast With Alt-Rice
Stoked Oats announced it is moving beyond the breakfast aisle for the first time with the launch of a new innovation today: Stoked OatRice.
Ferrero Opens $214 Million Chocolate Factory In Illinois
Ferrero North America announced the opening of its new $214 million Kinder Bueno production facility in Bloomington, Ill., this week, marking the company’s first chocolate factory located outside of Europe. The 169,000 sq. ft. facility is part of an expansion of its existing campus, which produces Crunch, 100 Grand, Raisinets and other chocolate products, and… Read more »
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BevNET’s Taste Radio Podcast Team Hosts Food & Beverage Industry Meetups in London on October 15 + 16
BevNET’s Taste Radio podcast team is excited to announce a series of free food, beverage, and beer industry meetups in London, taking place on Tuesday, October 15 and Wednesday, October 16.
Mezcla Expanding, Rebranding Following Fresh Funding
Protein bar maker Mezcla is unveiling new branding as it enters its next phase of growth following a recent funding round that brings its total backing to more than $8 million. Additionally, the plant-based bars, which feature a puff-crispy texture, are rolling out to more retail shelves by year-end.
PepsiCo Acquiring Siete Foods for $1.2 Billion
PepsiCo, Inc. announced this morning it has entered into a definitive agreement to acquire Siete Foods for $1.2 billion. The transaction is expected to close in the first half of 2025, pending regulatory approval and customary closing conditions.
October Community Calls: Going Viral, Earned PR, Retail Media Tricks, Scaling a Cultural Brand, and Inclusive Hiring
Get ready for our October Community Calls! This month, learn how bootstrapped brands can harness PR to boost DTC sales, explore inclusive hiring practices, discover the real impact of viral moments on brand growth, get insider tips on retail media strategies, and understand how culturally centered brands can scale successfully.
Issei Lands in Target, Sets Sights on Achieving Profitability Next Year
Hot on the heels of its second birthday, Issei is bringing its better-for-you mochi gummies to the global aisle of 141 Target locations nationwide. The new retail partnership brings the brand’s total distribution footprint to over 2,500 doors nationwide as it forecasts achieving profitability next year.
Big Picture Foods Acquired By Atalanta Corp
Big Picture Foods announced today it has been acquired by the Atalanta Corp. for an undisclosed sum.
Dave’s Killer Bread Can’t Kill Off Deceptive Ad Suit
Dave’s Killer Bread will have to face accusations that it’s “Good Seed” and “21 Whole Grain” breads deceive consumers about their protein content after a California federal judge recently moved to certify the class.
Gopuff’s Latest Delivery? New Tools For Advertisers
Gopuff’s seemingly interminable search for growth has taken it deeper into digital advertising with the introduction of several new tools aimed at capturing more Gen Z and millennial consumers.