News
Food and beverage industry news.
Former Starbucks Exec Joins Caveman Foods as CEO
Caveman Foods, a producer of paleo-inspired snacks, announced today that former Starbucks Coffee executive Jeff Hansberry has joined the company as president and CEO.
Nestlé Acquires Rights to Starbucks CPG Business for $7.2B
Nestlé S.A. has acquired the global rights to sell packaged retail products from coffee giant Starbucks Corporation for $7.15 billion plus additional royalties.
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Mondelēz to Acquire Tate’s for $500 M
The confectionary giant announced today that it has agreed to buy crispy cookie maker Tate’s Bake Shop from private equity group The Riverside Company as well as other shareholders for approximately $500 million.
The Checkout: It’s All About a Good Diet
This week, everyone from the Food and Drug Administration (FDA) to jerky brands and wellness gurus were offering consumers new ways to drop the weight and learn what’s in their food.
A Breakdown of the USDA’s GMO Labeling Proposal
Don’t worry; the NOSH team read the more than 100-page document so you don’t have to. Here are the main takeaways.
That’s It Lawsuit Sparks Conversation Around Clean Label Branding
Front-of-pack “clean labels” have become one of the most important ways for brands to demonstrate their whole food characteristics. But it’s also becoming a source of legal tension.
Tyson Ventures Invests in Clean Meat Startup
Future Meat Technologies (FMT) announced today that it closed a $2.2 round of funding, co-lead by Tyson Ventures, the investment arm of CPG giant Tyson Foods.
FlapJacked Takes on Conventional Baking Aisle With Walmart
It’s raining distribution deals this spring. From natural gum exclusives to protein muffin expansions, here’s your latest in natural food distribution news.
Internal FDA Emails: There’s Weedkiller in Your Oatmeal
Food and Drug Administration (FDA) scientists have detected glyphosate, a chemical in a weed killer linked to cancer, in an array of commonly consumed U.S. based food products, according to emails obtained through a Freedom of Information Act request.
Taste Radio Ep. 109: To Build a $600 Million Brand, RxBar’s Peter Rahal Got a Little Uncomfortable
RxBar went from launch to $600 million acquisition in less than five years. Co-founder/CEO Peter Rahal shares the secrets to the company’s speedy success; how PicoBrew is disrupting the business of beer, booze and beyond; does innovative snack brand Avolov have a patented path to growth?