In a letter to Nestlé, the world’s largest food company by revenue, Third Point, a New York-based asset manager with $18bn in capital ($3bn in Nestlé), called out the food and beverage giant for falling short on its long-term, sustainable growth mission.
One the world’s largest meatpackers, BRF, has cut its investment spend as its home country, Brazil, slowly recovers from a two-year economic recession.
CircleUp has announced CircleUp Growth Partners, a new $125m venture fund targeting early-stage consumer brands that utilizes a machine learning platform called Helio claimed to enable more data-driven investment decisions.
After 10 successful years focused on making unique wafer-thin savory and sweet crackers, snack company 34 Degrees is ready to try something new and thanks to a $3.4 million investment from its long-time supply chain manager Fresca Foods it has the means...
Meat giant Cargill has joined business tycoons Bill Gates and Richard Branson by investing millions of dollars in lab-grown meat start-up Memphis Meats.
Recent investments from the venture arms of ‘Big Food’ companies “bridge the gap between the innovative thinking of start-up organizations and the resources they need to scale,” says the co-founder of New York-based food incubator AccelFoods.
Family-owned business Sierra Meat & Seafood plans to invest in new machinery and building work to improve production efficiency, GlobalMeatNews can exclusively reveal.
Dean Foods announced a minority investment and distribution deal with Good Karma Foods, adding resources to expansion plans of the latter, a small Colorado-based independent company that specializes in flaxseed beverages and yogurt.
Canada’s Finance Minister Bill Morneau has earmarked funds for innovation and food safety investment in his federal Budget, launched on Wednesday 22 March – a move welcomed by the meat sector.
M&Ms maker Mars has announced it will invest $900m in its US supply chain in addition to the recent $1bn investment aimed at boosting its domestic manufacturing capabilities.
Shifting 10% of promotional spending to media advertising would boost firms’ ROI on marketing spend by 10-25%, according to Chicago-based market research firm IRI and global media company Turner.
The Canadian government has invested CA$345,720 in the Canadian Sheep Federation (CSF) to implement the Scrapie Eradication Strategic Plan for the sheep and goat industries.
Hardly a week goes by without a large food company snapping up an innovative food or beverage company or someone investing millions in a promising young brand – but for every entrepreneur who secures sufficient funds to scale, many more struggle to be...
Pork processor Olymel will pump millions of dollars into its Quebec factory to improve production and efficiency, leading to the creation of more than 30 jobs.
While buying or investing in a flurry of smaller, sexier brands may not have a meaningful impact on their P&L for 5-10 years, it's the only way many big food companies can position themselves for long-term growth, says one corporate finance expert,...
Sunrise Strategic Partners - a Colorado-based accelerator of emerging brands - has made a minority investment in Utah-based Kodiak Cakes, which makes high protein breakfast items from pancake mixes to flapjacks.
Sweet and savory snacks will be among the hardest hit UK food categories as a result of the Brexit vote, according to analysts Euromonitor International.
Industry Voices - Ewa Hudson, Head of Health and Wellness at Euromonitor International
One of Brazil’s largest meat firms BRF has acquired the Argentinian pork business Alimentos Calchaquí, according to an investment bulletin published by BRF.
Boulder Brands co-founder Steve Hughes - who resigned from the firm last summer - has teamed up with private equity firm Trilantic North America to form Sunrise Strategic Partners, which will provide growth capital and expertise to emerging brands in...
US-based poultry company Pilgrim’s Pride has announced a $190m strategic capital investment plan for growth and brand expansion, leading to the creation of 150 jobs.
AccelFoods - a New York-based early-stage investment platform making waves in the natural products space – is offering brands it partners with a lot more than capital, managing partners Jordan Gaspar and Lauren Jupiter tell FoodNavigator-USA editor Elaine...
Just weeks after announcing its intention to sell its private label business to TreeHouse Foods, ConAgra Foods has unveiled plans to re-engineer itself again, this time by separating into independent public companies: one comprising its consumer brands...
301 Inc, the business development and venturing unit at General Mills, has launched a multi-million dollar capital fund through the CircleUp platform to seed emerging consumer food brands.
301 Inc, a business development unit within General Mills, today announced a shift in strategy from developing its own brands to partnering and investing in early stage food companies, such as L.A. based plant-based protein expert Beyond Meat.
Plant-based beverage firm Califia Farms has secured a $50m investment from New York-based private equity firm Stripes Group, capital it says will be used for “deepening production and distribution capabilities, R&D, new hires, and sales and marketing”.
Recent acquisitions to diversify Post Holdings’ portfolio are paying off more quickly than anticipated, prompting the cereal giant to raise its full year guidance despite a larger than expected negative impact from a supplier that tested positive for...
Dr Pepper Snapple Group has invested $15m in a minority stake in Bai Brands, which has generated explosive growth in multiple retail channels with its 'antioxidant infusion' low-calorie Bai5 beverages.
While ‘legacy’ food and beverage brands are laser focused on price, promotion and placement, no amount of financial clout or merchandising wizardry can mask the fact that smaller, sexier, more disruptive, brands are outpacing them. But are CPG’s biggest...
Mark Rampolla: ‘The best time to raise money is when you don’t need it’
What are investors really looking for when they assess a food and beverage business? When it comes to gross margins, is there a magic number? And can you really be in decline when your sales are growing strongly?
More than CA$89,000 is being invested in a project by the Nova Scotia Cattle Producers to boost animal welfare practices, improve farm safety and increase return on investment (ROI).
The need to get higher returns on investment capital that has lain idle is driving the ongoing consolidation in the sphere of analytical testing according to Dave Kliber, CEO of SF Analytical Laboratories, which was recently acquired by multinational...
New crowd funding platforms will transform the food industry, said an executive of a Canadian company set to go that route to raise additional capital.
Tyson Foods announced the completion of its merger with Hillshire Brands last week, in a move which positions Tyson as "a clear leader in the prepared foods business", according to a statement from the company.
CP Kelco has announced an investment to expand its manufacturing facility in Limeira, Brazil, to meet growing demand for pectin in the South American food and beverage market.
PepsiCo Inc. has announced plans to invest $5 billion in Mexico over the next five years in an effort to strengthen the firm’s Latin American food and beverage footprint.
Unilever will reduce its number of stock-keeping units (SKUs) by 30% by the end of 2014, delegates were told at the firm’s investor seminar in London on Thursday.
The CEO of Core Power – the first US dairy brand Coke invested in directly – says his firm is selling the ‘sex appeal of vitality’ with its high protein shakes, and plans further product launches.
Boulder Brands believes the future is bright for high pressure processing (HPP) treated fruit juice after snapping up an $8.8m stake in Californian juice brand Suja.