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- Morinaga Acquires My/Mochi to Expand US Frozen Snack Portfolio | FNBX
Morinaga & Co., Ltd. announces the strategic acquisition of My/Mochi Ice Cream, significantly expanding its footprint in the $8.6 billion U.S. novelty ice cream market. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Morinaga & Co., Ltd., the global confectionery manufacturer and holding company of Morinaga America, Inc., has entered into a definitive agreement to acquire My/Mochi Ice Cream. This transaction marks a significant expansion of Morinaga's U.S. portfolio, positioning the company to capture market share in the rapidly growing frozen snack category. Strategic Entry into the US Novelty Ice Cream Market The acquisition aligns directly with Morinaga’s 2030 business goals, which prioritize the United States as a key region for global growth. By integrating the largest mochi ice cream brand in the U.S., Morinaga gains an immediate, full-scale presence in the domestic frozen dessert sector. According to Circana data, the U.S. novelty ice cream market generated an estimated $8.6 billion in sales in 2025, demonstrating steady historical expansion. My/Mochi itself reported $80 million in sales for the 52 weeks ending January 25, 2026, solidifying its leadership position within the specific mochi subcategory. Cross-Category Synergies and Innovation The merger is designed to leverage Morinaga's extensive research and development capabilities in frozen confectionery—spanning popsicles, ice cream bars, and single-serve cups—alongside My/Mochi’s established market presence and unique production methods. Teruhiro (Terry) Kawabe, Chief Representative for the USA and President and CEO of Morinaga America, Inc., stated that the acquisition presents a major opportunity to build a sustainable and scalable snacking business. By combining the strengths of both entities, the companies aim to accelerate product innovation, unlock new growth opportunities, and create synergies in marketing and distribution. Leadership and Portfolio Integration Following the completion of the acquisition, My/Mochi will become a part of Morinaga & Co., Ltd. but will retain its headquarters in Los Angeles. The brand will continue operating under the leadership of its current President and CEO, Craig Berger. Berger emphasized that Morinaga’s global scale and R&D infrastructure will be critical in driving the brand's next phase of market penetration and product development. The My/Mochi brand will join Morinaga America’s existing U.S. product lineup, which currently includes HI-CHEW®, HI-SOFT®, and Chargel®. This acquisition builds upon Morinaga's broader operational investments in the North American region, including the recently announced plan to increase domestic production capacity by opening a second U.S. HI-CHEW® manufacturing facility in 2027. Business & Finance Morinaga Acquires My/Mochi to Expand US Frozen Snack Portfolio News March 9, 2026 New Products Protein Pints Unveils New Salted Caramel & Banana Graham Slam High-Protein Ice-cream New Products Mars Expands Frozen Portfolio with Permanent 'SNICKERS Ice Cream Minis' Line and M&M's Collaboration New Products Magnum Expands Premium 'Signature' Range with Pistachio and Peach Flavour Innovation New Products Popsicle Partners with BBC Studios to Launch 'Bluey' Ice Pops Nationwide Snacking Business & Finance Food Related news
- HelloFresh Expands Chilled Fulfilment | FNBX
Locus Robotics has developed a cold-storage hardware modification for HelloFresh, enabling the meal kit provider to increase its chilled fulfilment. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Locus Robotics has announced a technical collaboration with HelloFresh, involving a cold-storage hardware modification that has allowed the meal kit provider to expand its chilled fulfilment capacity from 100 SKUs to 500 SKUs. This increase supports expanded menu variety across the HelloFresh brand portfolio, including its brand Factor. The project addresses the limitations of standard battery-powered autonomous mobile robots (AMRs) in refrigerated environments, where cold temperatures can impact battery efficiency and long-term hardware reliability. Cold Storage Technical Adaptations Operating within refrigerated conditions requires equipment capable of sustained performance. To meet the specific requirements of HelloFresh, Locus Robotics developed a heated motor enhancement and modified charging systems for its Locus Origin robots. These adjustments allow the robots to remain within the chilled environment for both work tasks and charging, ensuring continuous operational uptime. The implementation follows an initial pilot phase conducted in July 2025, which utilised 13 Locus Origin robots. Following the successful testing of the modified hardware, HelloFresh scaled the deployment with an additional 26 units, with further plans to integrate the technology into EveryPlate fulfilment operations later this year. Operational Efficiency and Fulfilment Speed The integration of the automated system has impacted mission speed within the facility. According to operational data from the deployment, the Locus Origin robots averaged a mission time of three minutes and 36 seconds from order induction to box drop-off. This automation model provides an alternative to traditional fixed conveyor systems. By utilising a flexible AMR platform, the facility avoids the risk of single-point failures associated with conveyor belt systems, allowing for a more agile response to fluctuating order volumes. The current deployment supports approximately 12,000 square feet of chilled fulfilment space, facilitating two high-speed meal kit picking lines. The system is designed to integrate with existing operational layouts, providing a scalable path for meal kit providers to manage high-volume and high-variety inventory in temperature-controlled settings. Technology Locus Robotics Enables HelloFresh to Scale Cold Storage Fulfilment Eddie Sanders June 23, 2026 Food HelloFresh Partners with No Kid Hungry to Address Summer Food Insecurity Food HelloFresh Partners with Betches Media for 'The Galentine’s Dinner Edit' to Capture At-Home Social Occasions Retail Factor Breaks into Retail with Strategic Target Partnership in Midwest Health & Nutrition Factor Launches 'Protein Power-Up Shop' Pop-Up Series to Combat 'Quitter's Day' Resolution Drop-Off Facilities Business & Finance Logistics & Supply Chain Technology Related news
- Pepsi Launches Night Edition with Extra Caffeine | FNBX
PepsiCo has launched Pepsi Night Edition in Saudi Arabia, combining a high-caffeine formulation with an experiential Snapchat vending machine. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. Featured in this news Soft drinks PepsiCo The Newsroom PepsiCo has expanded its carbonated beverage portfolio in the Middle East with the regional launch of Pepsi Night Edition, a limited-run beverage developed specifically for the Saudi Arabian market. The product rollout introduces a functional variation of the core Pepsi recipe, adding an extra boost of caffeine to the traditional carbonated cola base. The product is designed to appeal to sports fans and consumers participating in late-night watch parties, aligning with regional lifestyle patterns and high consumer interest in international football tournaments. To support the product launch, PepsiCo is executing a series of experiential marketing campaigns across Riyadh, combining physical product distribution with digital social media activations. Regional Cultural Integration and Consumer Engagement The decision to develop and launch a high-caffeine "Night Edition" highlights an ongoing transition in regional beverage marketing, where multinational brands adapt their product formulations to align with specific cultural habits. In Saudi Arabia, late-night socialising, dining, and sports viewing are deeply integrated into daily routines, particularly during warmer months and major sporting events. By introducing a functional soft drink tailored to these hours, PepsiCo aims to capture additional consumption occasions outside of standard daytime schedules. The campaign highlights how convenience beverage manufacturers are increasingly utilising localised, time-specific products to drive brand engagement and secure consumer loyalty in high-velocity Middle Eastern retail markets. Interactive Vending Machine Activations and Snapchat Integration A central operational component of the Saudi launch is the deployment of interactive vending machines across key consumer destinations in Riyadh. The custom-designed machines distribute a complimentary, limited-edition promotional package termed the "Pepsi Awake Kit." The distribution strategy is structured on a first-come, first-served basis to encourage early consumer trial and generate regional brand awareness. To bridge physical retail with digital media, the vending machines operate as live Snapchat hot spots. Consumers can interact with the physical installations by using the Snapchat application to tag the brand, which subsequently illuminates the location on the platform's public Snap Map. This digital integration allows PepsiCo to capture first-party user engagement data, drive organic social media reach, and leverage user-generated content to support the broader marketing campaign. Riyadh Activation Schedule and Kit Specifications The promotional campaign features a structured rollout across prominent retail and entertainment zones in the capital city. The "Pepsi Awake Kit" distributed through the interactive vending machines contains three distinct components: 🥤 Pepsi Night Edition Can – The standard bold Pepsi flavour formulated with an added boost of extra caffeine. 📱 The Keeper – A custom, built-in mobile phone holder designed to secure devices and facilitate hands-free viewing of matches. 🎽 Glow-in-the-Dark Jersey – A themed fan jersey manufactured with luminescent materials to provide visual standout in low-light viewing environments. The activation timeline and physical locations in Riyadh are scheduled as follows: 🗓️ Monday 15 June 2026 – Tifo Fan Zone, Al Nakheel Mall, Riyadh, operating from 9:30 PM to 12:30 AM. 🗓️ Sunday 21 June 2026 – Goal Park Fan Zone, ROSHN Front, Riyadh, operating from 10:00 PM to 1:00 AM. 🗓️ Monday 22 June 2026 – Goal Park Fan Zone, ROSHN Front, Riyadh, operating from 7:30 PM to 10:30 PM. By linking its physical product launch to regional entertainment venues and digital social platforms, PepsiCo intends to strengthen its market position in the competitive Middle Eastern carbonated soft drink sector, providing retail and food service partners with a high-visibility marketing platform ahead of peak summer trading. New Products Pepsi Launches Night Edition with Extra Caffeine for Saudi Football Fans Eddie Sanders June 18, 2026 Soft drinks Beverage Industry Leaders Oppose Proposed German Sugar Tax Soft drinks Marriott International and The Coca-Cola Company Sign Global Beverage Agreement New Products Cizzle Brands Launches Limited Edition CWENCH Flavour After Top Draft Selection Soft drinks bubly Launches New Flavour Melted Ice Pop with Chad Michael Murray Energy Drinks New Products Beverage Soft drinks Related news
- PepsiCo and TalusAg Launch First Market-Based Fertiliser Decarbonisation Deal | FNBX
PepsiCo has executed its first transactions for low-carbon ammonia environmental attributes in partnership with TalusAg, utilising a "book-and-claim" system to reduce Scope 3 emissions while enhancing fertiliser supply chain resilience across four global regions. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. Featured in this news Soft drinks PepsiCo The Newsroom PepsiCo has announced a landmark collaboration with agriculture technology firm TalusAg to advance the decarbonisation of its global agricultural supply chain. The partnership marks PepsiCo’s first executed transactions for low-carbon ammonia environmental attributes, representing an initial 30,000 metric tons of low-carbon ammonia with an option for an additional 41,000 metric tons. The initiative targets one of the most emissions-intensive components of the global food system: synthetic fertiliser production. By utilising a market-based mechanism, PepsiCo aims to drive immediate, auditable emissions reductions while ensuring fertiliser remains affordable and accessible for its network of farmers. Technical Infrastructure and Tokenised EACs A central innovation of the partnership is the use of a "book-and-claim" model, facilitated by S3 Markets. This framework allows the environmental attributes of low-carbon fertiliser to be tracked, issued, and retired independently of the physical product flow. Key technical components of the platform include: Tokenisation: S3 Markets is providing the world’s first tokenised ammonia fertiliser EACs, specifically from TalusAg’s project in Boone, Iowa. Lifecycle Management: The system ensures secure, auditable tracking of attributes, allowing PepsiCo to claim carbon reductions with high confidence. Scalable Adoption: This digital-first approach enables near-term climate action even as the physical logistics for low-carbon ammonia continue to mature globally. Distributed Production and Supply Chain Sovereignty Beyond carbon mitigation, the TalusAg model introduces a structural shift in how nitrogen is produced. Traditional fertiliser supply chains are highly centralised and exposed to significant geopolitical and logistical volatility. TalusAg utilises a distributed production model that enables on-site, local generation of ammonia closer to where it is utilised. This localised approach provides several B2B advantages: Logistics Efficiency: Significantly lowers transportation-related emissions and costs. Market Resilience: Reduces reliance on long, fragile global supply chains, mitigating price volatility and geopolitical risks. Growth in Emerging Markets: Improves access to reliable fertiliser supplies in regions that have historically struggled with inconsistent import infrastructure. Margaret Henry, PepsiCo Vice President of Sustainable and Regenerative Agriculture, stated that decarbonising fertiliser is critical for climate progress, but emphasised that it must be done in a way that "works for farmers." By using EACs, PepsiCo creates a strong demand signal for low-emission ammonia without requiring growers to bear the upfront capital burden of transitioning to new, expensive inputs. This agreement is a vital component of PepsiCo's broader climate strategy, targeting hard-to-abate upstream emissions that occur outside of direct supplier relationships. By creating more stable input economics for growers, PepsiCo is helping to de-risk the long-term transition of the global fertiliser market. Low-Carbon Commodities The collaboration between PepsiCo, TalusAg, and S3 Markets serves as a proof-of-concept for how trusted market infrastructure can support the growth of low-carbon commodities. Hiro Iwanaga, CEO of TalusAg, noted that the deal helps de-risk new production capacity while building supply chain reliability. As the industry moves toward 2030 sustainability targets, the success of this tokenised EAC model will likely serve as a blueprint for other global CPG leaders looking to reconcile aggressive net-zero goals with the practical economic requirements of the agricultural sector. Sustainability PepsiCo and TalusAg Launch First Market-Based Fertiliser Decarbonisation Deal Eddie Sanders May 5, 2026 Meat & Seafood BAP and Great British Chefs Partner to Educate Culinary Sector on Responsible Seafood Sustainability PepsiCo Reports Progress Toward 2030 Agriculture Goals Agriculture Syngenta, McDonald’s and McCain Collaborate on Resilient Potato Farming in China Agriculture ChinaAMC Leads ESG Field Delegation to Assess Sustainable Agriculture Practices Agriculture Sustainability Business & Finance Manufacturing Related news
- Thermo Fisher Scientific | Company Profile | FNBX
Discover Thermo Fisher Scientific verified distributors, partnership requests and latest industry activity. FNBX is the ultimate 360 platform for the food and beverage industry. All Companies Close Manufacturing Thermo Fisher Scientific Employees founded Headquarters Waltham, MA, USA Thermo Fisher Scientific is an American precision laboratory equipment company that was created in 2006 by the merger of Thermo Electron and Fisher Scientific. The latter can trace its history as far back as 1902, when it was founded by Chester G Fisher. About Thermo Fisher Scientific --- Collaboration & Partnerships Thermo Fisher Scientific is not currently looking for partnerships. Pitch a Partnership F&B Ecosystem Claim Profile Thermo Fisher Scientific has no members on FNBX yet. Be discovered by B2B buyers Showcase your product catalog Signal partnership intent Claim Your Spot Are you a supplier, competitor, or distributor in the F&B space? Create your company profile to connect with giants like this. Create Free Page Takes 2 minutes. No credit card required. Authorised Distributors Americas Asia Europe Oceania There are no distributors currently. Sekai Brasil Licensed Distributor of The Good Cup (Brazil) Contact Sales Opal Packaging Plus Licensed Distributor of The Good Cup (Australia) Contact Sales BM Target Licensed Distributor of The Good Cup (Japan) Contact Sales Alternative Way Licensed Distributor of The Good Cup (France) Contact Sales PackEco Solutions Licensed Distributor of The Good Cup (Canada) Contact Sales Groupe DGL Licensed Distributor of The Good Cup (US) Contact Sales No More Lids Licensed Distributor of The Good Cup (UK) Contact Sales Submit New Distributors Company Name Contact Email Description Distribution Location Asia-Pacific Americas MENCA Europe Submit Are you a verified distributor? Claim your territory Recent Activity Listings Add Listing
- Novus Foods Appoints Admir Basic as CEO | FNBX
Novus Foods has appointed Admir Basic as Chief Executive Officer, effective 1 July 2026, marking the next stage of growth for the $1 billion chilled snacking comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Novus Foods has announced the appointment of Admir Basic as Chief Executive Officer, effective 1 July 2026. The move marks a leadership transition following a period of sustained growth for the North American chilled snacking platform. Basic succeeds Tom Davis, who has led the company for eleven years. The appointment follows a succession process overseen by the Novus Foods board and its owner, CapVest Partners. Davis will continue as a shareholder and supporter of the business during the transition period. Under the leadership of Tom Davis, Novus Foods has expanded from a $200 million heritage business into a $1 billion chilled snacking platform. This growth was achieved through five acquisitions, establishing the company as a provider in the dips, desserts, and yoghurt categories. The company's strategy and operational leadership team remain unchanged following the transition. CapVest Partners, which maintains a portfolio of companies providing essential goods and services, has supported the firm's growth through a combination of organic development and acquisitions. "I'm delighted to be joining such a strong and well-respected business," said Basic. "Novus Foods has an outstanding portfolio, a talented team, and deep, long-standing customer relationships. I look forward to building on the strong foundation Tom has laid, working closely with our customers, our suppliers and our people, and taking the business to the next level." New Leadership Profile Admir Basic joins Novus Foods from his previous role as President and Chief Executive Officer of Great Kitchens Food Company. His background includes nearly a decade at ARYZTA, where he held senior commercial and finance positions. Basic’s experience encompasses scaling food operations and managing customer partnerships. As the company enters its next chapter, Basic is expected to focus on maintaining the company's existing customer relationships and building upon the foundation established during the previous leadership tenure. People Novus Foods Appoints Admir Basic as CEO Eddie Sanders July 1, 2026 People NAMA Appoints Michael Schwartz as Chair of the Board of Directors People The Hershey Company Appoints Heather Hoytink as President of US People Joe Jordan Appointed Incoming CEO at Domino's Pizza People Mars Snacking Appoints Kemal Cetin as Global Chief Digital and Information Officer People Snacking Business & Finance Food Related news
- Heritable Agriculture Secures $4.98m Gates Foundation Grant to Deploy AI Genomics for Climate-Resilient Crops | FNBX
Heritable Agriculture Inc., the AI-driven crop improvement specialist spun out of Google X, has announced the receipt of a $4.98 million grant from the Gates Foundation. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Heritable Agriculture Inc., the AI-driven crop improvement specialist spun out of Google X, has announced the receipt of a $4.98 million grant from the Gates Foundation. The funding is earmarked to support the development of the "Joint AI-driven Smallholder Omics aNalytics" (JASON) project. This initiative aims to leverage artificial intelligence and multi-omics technologies to engineer climate-resilient crops specifically for smallholder farmers in low- and middle-income countries (LMICs). Project JASON: Accelerating the Breeding Cycle The core objective of the JASON project is to stand up a cloud-based AI genomics engine. This platform will identify gene targets and climate-adapted germplasm, dramatically shortening the timeline required to develop crops capable of withstanding extreme weather conditions such as drought and heat. Tim Beissinger , CTO of Heritable Agriculture, explained the technical leap: "This project will allow us to stand up a cloud-based AI genomics engine, dramatically accelerating the discovery and deployment of climate-resilient germplasm. We anticipate cutting conventional breeding cycle time, transforming raw sequence data into high-confidence edit targets." The Smallholder Crisis The project addresses an acute crisis in global food security. Smallholder farmers in LMICs produce up to 80% of the food consumed in these regions but are disproportionately vulnerable to climatic shocks. Prolonged drought and extreme heat are currently driving crop failures that deplete food reserves and eliminate income. Heritable’s technology works by mining ancient and modern crop genomes to find functional gene targets that improve physiological tolerance to these stressors, aiming to break the cycle of food insecurity and poverty. Brad Zamft , CEO of Heritable Agriculture, framed the grant as a validation of the company's hybrid approach: "This investment from the Gates Foundation shows strong support for our approach of combining AI, remote sensing, and omics data for global impact. A project like JASON represents over a decade of hard work from our team members shaping and sculpting a vision of an agricultural company that serves the global community, does good for the world, and builds a scalable business, all at the same time." About Heritable Agriculture Based in San Carlos, California, Heritable Agriculture Inc. focuses on advancing all corners of the agricultural system through advanced genomics, remote sensing, and AI. The company originated as a project within Google's "moonshot" factory, X. Agriculture Heritable Agriculture Secures $4.98m Gates Foundation Grant to Deploy AI Genomics for Climate-Resilient Crops News January 29, 2026 Meat & Seafood BAP and Great British Chefs Partner to Educate Culinary Sector on Responsible Seafood Logistics & Supply Chain New USMCA Produce Coalition Advocates for Continued Tariff-Free Trade Technology New AI Partnership Between FPT and CP Vietnam to Digitalise Agricultural Value Chain Agriculture Charoen Pokphand Foods and FPT Corporation Partner to Advance Artificial Intelligence in Southeast Asian Agriculture Agriculture Sustainability Business & Finance Related news
- Baileys Chocolate Targets Seasonal Gifting with 'All You Need Is Love' Valentine's Collection | FNBX
Lir Chocolates, the manufacturer behind Baileys Chocolate, has unveiled its seasonal strategy for Valentine's Day 2026, introducing a new range titled the "All You Need Is Love" collection. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Lir Chocolates, the manufacturer behind Baileys Chocolate, has unveiled its seasonal strategy for Valentine's Day 2026, introducing a new range titled the "All You Need Is Love" collection. The launch aims to boost seasonal sales by blending new product innovations with returning favourites, specifically targeting the "affordable luxury" segment. The collection leverages the Baileys Irish Cream flavour profile to drive both impulse and planned gifting purchases across the retail sector. Customisation and Impulse Formats The 2026 lineup introduces two new SKUs designed to address specific consumer gifting behaviours, including the rising trend for personalisation. Baileys Chocolate Block and Gift Card (New) Format: 90g Milk Chocolate Block. Innovation: Presented in a unique gift card-style packaging that features a dedicated space for a handwritten message. Flavour: Infused with Baileys Original Irish Cream and a truffle filling. Pricing: RRP £2.75. Baileys Truffles Heart Gift Box (New) Format: 100g Box. Sustainability: Features fully recyclable paper twist wraps. Content: A selection of Original Baileys Chocolate Truffles (milk chocolate shell with truffle filling). Pricing: RRP £4.00. Baileys Hearts (Returning) Format: 90g. Content: Nine red-foil wrapped milk chocolate hearts with a Baileys Strawberries and Cream truffle centre. Pricing: RRP £5.00. Strategic Rationale and Performance Ethan Duffey , Brand Manager at Lir Chocolates, commented on the commercial positioning of the range: "The Baileys Chocolate All You Need Is Love collection combines indulgence with premium appeal, offering products that meet consumer demand for affordable luxuries and strong gifting credentials. It’s designed to drive Valentine’s Day sales while giving retailers the opportunity to capitalise on the seasonal surge in chocolate gifting." The launch builds on robust in-store performance metrics. The brand noted that its core Baileys Chocolate Original Irish Cream Truffles recently achieved promotional rate-of-sale highs of 47 units per store per week in Sainsbury's, validating the consumer appetite for the flavour profile. Commercial Availability The collection is rolling out to select retailers nationwide, positioned to offer accessible price points ranging from £2.75 to £5.00 to capture spend during the inflation-sensitive holiday window. Confectionery Baileys Chocolate Targets Seasonal Gifting with 'All You Need Is Love' Valentine's Collection News January 22, 2026 Confectionery Aldi Unveils Premium and Novelty Easter Confectionery Lineup Confectionery Tesco Unveils Premium Own-Brand Easter Egg Range with Dubai Pistachio and Sticky Toffee Flavours New Products Chocolove Targets Seasonal Growth with Easter Chocolate Rollout New Products Mars Targets Premium Seasonal Gifting with Ethel M Chocolates' First-Ever Filled Egg Collection Confectionery New Products Marketing Food Related news
- Harry Davis & Company Facilitates Sale of Alpenrose Butter Operations to Plant-Based Innovations | FNBX
Harry Davis & Company facilitates the sale of the former Alpenrose production facility in Clackamas, Oregon, to Plant Based Innovations, preserving 35 local jobs and maintaining critical regional dairy and cultured product capacity. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Harry Davis & Company (HDC) has announced the successful sale of the former Alpenrose butter, sour cream, and ice cream mix manufacturing operations in Clackamas, Oregon. The facility has been acquired by Plant Based Innovations (PBI), a move that ensures the continuation of production at the site and preserves approximately 35 local jobs. The transaction marks a critical stabilisation of the regional dairy supply chain following Alpenrose’s earlier decision to consolidate its operations. The Clackamas facility is a key asset in the Pacific Northwest dairy market, specialising in integrated butter and cultured product capabilities. Before the sale, HDC had been retained to market the operational facility with the contingency that equipment assets would be auctioned in May 2026 if a strategic buyer was not identified. The acquisition by PBI removes the facility from the auction block and maintains the regional availability of Alpenrose-branded butter and sour cream. Dusty Highland, CEO of Smith Brothers and Alpenrose, confirmed that while milk production has shifted to their Kent, Washington, facility, the Clackamas plant will continue to supply the Oregon market with its signature value-added dairy products. Expansion for Plant-Based Innovations For the buyer, Plant Based Innovations, the acquisition represents a significant expansion of its West Coast manufacturing footprint. PBI operates a diversified co-manufacturing network with existing state-of-the-art facilities across the Midwest and East Coast. Key strategic advantages for PBI include: Versatile Production Lines: The facility is equipped for both traditional dairy and potential non-dairy cultured products. Geographic Distribution: The Clackamas site provides a strategic anchor for nationwide distribution, complementing PBI’s existing facilities in Leominster, Massachusetts, and Fredericksburg, Iowa. Operational Continuity: PBI President JD Sethi noted that the acquisition reflects a commitment to maintaining the existing workforce and serving the established customer base in the community. HDC Role in Dairy Asset Valuation As a third-generation firm specialising in food and beverage asset solutions, Harry Davis & Company leveraged its industry-specific network to identify a buyer capable of maintaining turnkey operations. Aaron Morgenstern, President of HDC, highlighted that established businesses with integrated butter and cultured capabilities are increasingly rare in the current market. HDC’s role in the transaction underscores a broader industry trend where specialised brokers act as "market makers," connecting distressed or consolidating assets with strategic operators to prevent the loss of production capacity. The firm’s ability to navigate the intersection of market demand and available business inventory was cited as a primary driver in delivering a solution that benefited the seller, the buyer, and the local workforce. Economic and Community Impact Beyond the financial terms of the deal, which remain undisclosed, the transaction provides stability for the Portland metro area's agricultural economy. By retaining 35 positions and keeping the production lines active, the deal prevents the displacement of skilled labour and ensures that regional grocers maintain access to locally produced dairy staples. Plant-based Harry Davis & Company Facilitates Sale of Alpenrose Butter Operations to Plant-Based Innovations News April 16, 2026 Facilities The Magnum Ice Cream Company Invests €10M in Hungarian Production Facility Ingredients Döhler Expands Flavour Production and Innovation Capabilities in Georgia Facilities Haribo Opens New £35M Warehouse West Yorkshire Facility Facilities Harry Davis and Company Finalises Sale of Harrisburg Dairies to Patanjali Dairy USA Plant-based Business & Finance Manufacturing Dairy Related news
- Constellation Brands to Acquire Full Ownership of HopWtr | FNBX
Constellation Brands has agreed to acquire the remaining stake in HopWtr, a functional non-alcoholic brand, following 22% category growth and a successful four-year venture partnership. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Constellation Brands has reached a definitive agreement to acquire the remaining stake in HopWtr, a prominent player in the non-alcoholic functional beverage space. The acquisition, for an undisclosed sum, marks the transition of HopWtr from a venture-backed startup within Constellation’s "Ventures" portfolio to a fully integrated brand under the company’s corporate umbrella. The transaction is subject to customary closing conditions and is expected to reach completion in early April 2026. This move highlights Constellation's broader strategy to diversify its portfolio into premium, "better-for-you" categories as consumer preferences shift toward functional alternatives to traditional alcohol. HopWtr Partnership Constellation Brands initially invested in HopWtr in 2021 through its venture capital arm. Since that initial investment, the brand has established itself as a leader in the "beer-adjacent" non-alcoholic segment. Unlike traditional non-alcoholic beers, HopWtr produces hop-infused sparkling waters that are specifically formulated with: Adaptogens: Plant-based substances intended to help the body manage stress. Nootropics: Ingredients targeted at enhancing cognitive function and mental clarity. By moving from a minority stake to full ownership, Constellation can now fully leverage its massive distribution network and marketing expertise to scale the brand across national retail and on-premise channels. Market Trends The acquisition comes at a period of rapid acceleration for the non-alcoholic beverage sector. Market data indicates that the beer-adjacent segment recorded 22% dollar sales growth in 2025, significantly outperforming many traditional alcohol categories. Jordan Bass, Founder and CEO of HopWtr, noted that the next phase of growth will benefit from Constellation’s deep industry expertise. For Constellation, the deal provides a high-growth asset that appeals to "sober-curious" demographics and health-conscious consumers who prioritise functional benefits alongside a beer-like flavour profile. Portfolio Diversification Constellation Brands has increasingly focused its M&A activity on brands that align with modern lifestyle trends. The full integration of HopWtr allows the company to: Capture Incremental Occasions: Target weekday consumption and social settings where consumers may choose to avoid alcohol. Leverage Functional Ingredients: Enter the fast-growing "active water" and "functional sparkling" markets. Strengthen Retail Presence: Offer a more comprehensive portfolio to retail partners looking to expand their non-alcoholic sets. Industrial Significance and Outlook For B2B stakeholders, this deal reflects a broader industry trend where major alcohol conglomerates are professionalising their non-alcoholic divisions. As the distinction between "soft drinks" and "functional beverages" continues to blur, companies like Constellation are positioning themselves to own the entire "liquid landscape." The successful transition of HopWtr from the Ventures portfolio to full ownership serves as a blueprint for how large-scale beverage companies can identify, nurture, and eventually consolidate high-potential brands in emerging categories. Following the early-April completion, industry observers expect a ramp-up in national distribution and potential flavour innovations as HopWtr leverages Constellation's R&D resources. Beverage Constellation Brands to Acquire Full Ownership of HopWtr News March 29, 2026 Technology Circus SE Completes Acquisition of Belgian Food Robotics Firm Alberts Business & Finance Dole Nordic Acquires Greenfood Fresh Produce Division to Expand Regional Footprint Business & Finance Vitamin Well Group Acquires EMPWR Nutrition Group Business & Finance Solina Acquires Epicurean Butter to Enhance Dairy Flavour Solutions Water Business & Finance Beverage Related news
- Marks and Spencer Appoints Gillian Anderson as first-ever 'Chief Compliments Officer' | FNBX
Marks & Spencer appoints actor Gillian Anderson as Chief Compliments Officer to boost its Spring 2026 fashion campaign and advance post-cyberattack brand recovery. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Marks & Spencer has appointed actor Gillian Anderson as its inaugural Chief Compliments Officer. The strategic marketing move, set to debut on March 11, aims to reinforce the retailer’s positive brand messaging around its Spring 2026 fashion line. This high-profile partnership arrives as the company continues its operational and financial recovery from a major cybersecurity incident last year. The new campaign focuses on the psychological and social value of compliments within the fashion retail sector. Anderson will serve as the face of the initiative, which officially launches with a commercial featuring the actor giving style compliments to women wearing the Spring 2026 designs. The advertisement is set to the track ‘Oh Yeah’ by Yello and will be followed by a supplementary content series highlighting a behind-the-scenes effort to drive digital engagement. This initiative builds on the established momentum of the retailer's ‘Love That’ brand line. According to Marks & Spencer, a weekly social media series under the same name launched last year has already accumulated 20 million views. The current campaign is designed to convert that digital visibility into tangible consumer confidence and increased retail engagement. The positive messaging strategy comes at a critical time for Marks & Spencer. The business is actively executing a recovery strategy following a severe ransomware attack last spring. The cyber breach, which also impacted major entities including Co-op and Jaguar Land Rover, resulted in cumulative corporate losses exceeding £1bn. To stabilize brand presence and drive consumer acquisition in the wake of the attack, Marks & Spencer has leaned into celebrity-driven marketing. The Anderson partnership follows a separate Canva campaign earlier this year featuring a UK reality television personality. Professionals on business networking platforms have responded positively to the latest alignment, noting that modern consumers demand emotional value alongside product utility. Leadership at Marks & Spencer views the campaign as a pivotal step in repositioning the company within the competitive retail market. Sharry Cramond, Marketing Director for Fashion, Home & Beauty at M&S, stated that the initiative is intended to champion the power of positive reinforcement while showcasing the brand's womenswear. Cramond emphasized that the company is undergoing a transformation aimed at becoming an indispensable brand for its target demographic. Anderson highlighted the genuine impact of positive feedback on consumer confidence. The actor noted that professional dressing requires deliberate strategy, particularly for women navigating complex professional environments. By taking on the role of Chief Compliments Officer, Anderson aims to normalize affirming interactions and translate emotional resonance into brand loyalty for Marks & Spencer. People Marks and Spencer Appoints Gillian Anderson as first-ever 'Chief Compliments Officer' News March 10, 2026 People NAMA Appoints Michael Schwartz as Chair of the Board of Directors People Novus Foods Appoints Admir Basic as CEO People The Hershey Company Appoints Heather Hoytink as President of US People Joe Jordan Appointed Incoming CEO at Domino's Pizza People Business & Finance Retail Related news
- Eggo Introduces High-Protein Zero-Sugar Waffles | FNBX
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