Land O'Lakes has introduced single-serve Snack Cheese Cubes across Northeast retailers while expanding its Deli American distribution into Kroger. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. Featured in this news Dairy Land O’Lakes The Newsroom Land O'Lakes has expanded its retail portfolio with the commercial rollout of Land O Lakes Snack Cheese Cubes alongside an expanded retail deployment of its pre-sliced Deli American into dairy cases nationwide. The dual commercial push enters grocery channels ahead of the back-to-school trading period, addressing growing consumer demand for pre-portioned snacks and deli-style convenience within self-service refrigerated dairy aisles. Single Serve Snack Cheese Lineup The new Snack Cheese Cubes range is formatted to support portion-controlled snacking and lunchbox preparation for active households. Packaged as eight 1-ounce single-serve portions per unit, the product carries a suggested retail price (MSRP) of US$5.99. The bite-sized snack range enters commercial distribution across three core cheese flavour variations: 🧀 Colby Jack: A mild, creamy blended cheese formulated for daily snacking. 🌶️ Pepper Jack: A zesty Monterey jack variant infused with peppers for a spicy profile. 🧀 Extra Sharp White Cheddar: An aged white cheddar delivering a rich, distinct flavour profile. Initial retail distribution for the cube line encompasses major grocery stockists across the US Northeast, securing listings with retail partners including Stop & Shop, Price Chopper, and Giant stores. Distribution across Kroger Stores Concurrently, Land O'Lakes is expanding the physical footprint of its pre-sliced Deli American range (MSRP: US$4.49) into the refrigerated dairy cases of select Kroger stores nationwide. The distribution expansion bypasses traditional deli counter service friction, placing pre-sliced American cheese directly into high-traffic self-service dairy sections. The pre-portioned format is engineered to deliver melt consistency and convenience for home meal preparation, including burgers, grilled sandwiches, and lunches. Heather Anfang, Executive Vice-President and President of Dairy Foods at Land O'Lakes, stated that product development and channel expansion focus on delivering consistent quality and convenience to match modern eating habits and routines. Convenience for Cheese The dual rollout highlights ongoing merchandising strategies across the US dairy aisle, where brand owners are migrating traditional deli-counter products into self-service packaged sets to drive stock turnover and basket frequency. By combining single-serve snack formats with pre-sliced deli staples, the cooperative aims to strengthen brand presence across morning lunchbox preparation, afternoon snacking, and evening meal occasions throughout the autumn trading window. New Products Land O'Lakes Launches Snack Cheese Cubes Eddie Sanders August 20, 2026 Dairy FrieslandCampina Completes Major Investments at Gerkesklooster Cheese Site Dairy Saputo Agrees £988M Sale of UK Dairy Division to Lactalis New Products Kraft Heinz Launches Philadelphia Lactose Free Cream Cheese across US New Products Cacique Foods Launches Authentic Mexican Shredded and Grated Cheese Line Food New Products Dairy Snacking Related news

Have announced a global agreement to supply carbonated soft drinks, hydration, and functional beverages across Marriott hotels worldwide. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. Featured in this news Beverage Coca-Cola Company The Newsroom Marriott International and The Coca-Cola Company have entered into a global beverage agreement, aiming to standardise and expand drink options across the hospitality group's international property portfolio. Under the new arrangement, The Coca-Cola Company will supply a range of beverages, including carbonated soft drinks, juices, hydration, and dairy products, to Marriott locations worldwide. The partnership covers multiple service touchpoints within Marriott properties, including guestrooms, restaurants, lounges, and facilities for meetings and events. The implementation of the new beverage programme is structured as a phased global rollout, which began today and is expected to continue throughout the coming months. The agreement was facilitated by Hot Shoppe Services International, Marriott's global procurement organisation, to align product offerings with guest preferences while aiming to generate economic efficiencies for franchise operators and property owners. Anthony Capuano, President and Chief Executive Officer of Marriott International, noted that the partnership is designed to improve consistency in the guest experience across the company’s extensive portfolio. According to Capuano, the inclusion of The Coca-Cola Company’s product range is intended to meet guest demand while supporting the business goals of the company's owners and franchisees. Henrique Braun, CEO of The Coca-Cola Company, stated that the agreement provides the company with the opportunity to broaden the availability of its beverage categories across the global hospitality sector. The partnership represents a significant scale in distribution for The Coca-Cola Company, integrating its product supply into Marriott’s guest-facing operations. Soft drinks Marriott International and The Coca-Cola Company Sign Global Beverage Agreement Eddie Sanders July 1, 2026 New Products Gerber Launches Paediatric Organic Oral Rehydration Solution New Products PepsiCo Brand bubly Launches Mocktail-Inspired Sparkling Waters Soft drinks Fanta Partners with Ghost Face for Halloween 2026 Haunted Universe Launch New Products Suntory Launches -196 Limited Edition Kiwi Flavour Soft drinks Foodservice Business & Finance Beverage Related news

Little Latke, the producer of the world’s first shelf-stable potato latke crisp, has expanded its portfolio with the launch of Garlic Parm and Spicy Honey Dijon, utilising premium avocado oil and clean-label ingredients to scale the brand across new retail occasions. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Little Latke, a breakout innovator in the savoury snacks sector, has announced the launch of two new additions to its product lineup: Garlic Parm and Spicy Honey Dijon. The expansion builds on the success of the brand's "Original" variant, which established the world's first shelf-stable potato latke crisp category by reimagining a traditional comfort food as a modern, portable snack. The launch is part of a broader strategic effort to increase the brand's presence across diverse retail environments and consumption occasions, moving from a niche speciality item to a mainstream snacking alternative. Flavour Innovation and Trend Alignment The two new SKUs are engineered to capture high-growth flavour trends that are currently dominating the North American and European snacking markets. By diversifying beyond its original profile, Little Latke is targeting two distinct consumer segments: Garlic Parm 🧄🧀 Delivers a rich, savoury experience featuring notes of roasted garlic and aged parmesan. This variant targets the "indulgent savoury" demographic looking for sophisticated, umami-rich alternatives to standard potato chips. Spicy Honey Dijon 🍯🌶️ A trend-forward "sweet-heat" profile that balances subtle piquancy with honeyed sweetness. This flavour aligns with the massive rise in consumer demand for complex, multi-dimensional heat profiles in the "better-for-you" (BFY) category. Taylor Blue, Founder and CEO of Little Latke, stated that expanding the flavour lineup is critical for the brand as it continues to scale. Blue emphasised that the goal is to blend nostalgia with innovation to ensure repeat purchase behaviour across a wider variety of social and solo snacking moments. Formulation and Ingredients Little Latke maintains its competitive edge through a "clean-label" technical formulation that avoids the seed oils and synthetic additives common in mass-market industrial crisps. Key product specifications include: Premium Fat Source: The crisps are crafted using avocado oil, a high-stability monounsaturated fat that appeals to the "ultra-clean" and health-conscious consumer. Non-GMO Potatoes: Sourced from Non-GMO crops to ensure supply chain transparency and meet the standards of premium natural grocers. Clean Label Spices: Utilises natural spice blends to achieve bold flavour without the use of artificial enhancers or MSG. The new flavours are rolling out to select retailers nationwide alongside a direct-to-consumer (DTC) launch on the company’s website. The pricing strategy, set at $20.00 for a 3-pack and $60.00 for a 12-pack, positions Little Latke in the premium tier of the snacking aisle, where brand loyalty is increasingly driven by quality credentials and unique cultural positioning. New Products Little Latke Launches Garlic Parm and Spicy Honey Dijon Crisps Eddie Sanders May 5, 2026 New Products General Mills Launches Gushers Super Sour and Sweet & Fiery Flavours New Products Schweppes Launches Cherry Pepper Soda to Drive Mixer Premiumisation New Products Health-Ade Taps 'Swicy' Trend with Strawberry Mango Chilli Kombucha New Products Firehook Crackers and Ithaca Hummus Partner for Co-Branded 'French Onion' Launch Snacking New Products Related news

Bush's Beans has launched a limited-edition Beans on Toast Kit, bringing the iconic British comfort food format to US consumers. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom US canned bean producer Bush's Beans has announced the commercial release of a limited-edition Beans on Toast Kit. The product introduction features a new SKU, Bush's Beans on Toast Baked Beans, formulated with tender navy beans in a rich, tomato-based sauce inspired by classic British recipes. The promotional launch aligns with expanding US interest in British food culture and sustained growth in domestic football (soccer) viewership. By debuting the range through an e-commerce drop model, the manufacturer is leveraging direct-to-consumer (DTC) channels to test market appetite for international comfort food formats among North American consumers. British Food Crossover The product development strategy translates an established UK breakfast and snacking staple into the US market. While baked beans in North America traditionally lean toward sweeter, molasses- or bacon-flavoured profiles, the new SKU utilises a savoury, tomato-led sauce engineered to mirror authentic British canned bean standards. The initiative connects food category innovation with broader cultural trends across North America, where expanding broadcasts of European football leagues and digital culinary media have elevated consumer awareness of traditional British dishes. Dena vonWerssowetz, Vice President of Marketing at Bush's, stated that the development strategy focused on providing North American consumers with an accessible entry point to discover a classic international bean dish through the company's established processing capabilities. Kit Components To replicate the complete meal experience, Bush's is distributing the product as a bundled kit containing both food staples and promotional merchandise. The limited-edition kit comprises three core elements: 🫘 Bush's Beans on Toast Baked Beans: A dedicated canned bean formulation featuring navy beans in a rich, traditional tomato sauce. 🍞 White Bread Slices: Included bakery components packaged to allow immediate dish assembly. ⚽ Branded Soccer Jersey: A custom-designed, football-themed jersey engineered to highlight the dish's connection to match-day culture. Availablity The rollout relies on a limited-availability digital drop model hosted exclusively on Bush's direct-to-consumer e-commerce platform. Priced at US$10 per unit, small allocations of the kit are being released daily at 9:00 a.m. ET from 30 July through 5 August 2026. The promotional mechanism is designed to generate digital engagement, track consumer geographical demand, and evaluate potential wider retail distribution for the British-style baked bean formulation. New Products Bush's Launches Limited Edition Beans on Toast Kit in US Eddie Sanders July 31, 2026 New Solutions Kraft Heinz Launches Extra Rich Beans New Products Maggi Expands Instant Noodle Portfolio with Three Asian-Inspired Ramen Flavours New Products Bonne Maman Expands Premium Pie Filling Portfolio with New Peach Flavour Business & Finance Jif Unveils First Major Brand Refresh in Over 30 Years New Products Food Related news

Pepsi Global has launched Pepsi House of Treats, a crafted beverages platform designed to deliver premium, customisable drinks. 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 Pepsi Global has introduced its new "House of Treats" crafted beverages platform, designed to deliver customisable, experiential drinks across Away From Home (AFH) hospitality and entertainment channels. The platform has been engineered to meet rising consumer demand for premium, customisable beverages and flavour exploration. By partnering with selected entertainment and hospitality operators, PepsiCo aims to deploy the multisensorial drinks exclusively within high-volume environments, including cinemas, stadiums, restaurants, and live event venues. The initiative aligns with PepsiCo's broader "Meaningful Food and Drink Experience" strategy, which focuses on elevating the role of beverages from basic functional refreshment into memorable consumer occasions. Operational Scalability and Venue Integration A primary design focus for the House of Treats platform is its operational adaptability within existing commercial kitchens and concession stands. While serving complex, visually distinct beverages often introduces preparation bottlenecks, the new platform is configured for rapid speed of service. This operational efficiency allows high-volume venues, such as sports stadiums and national theatre networks, to implement premium, customisable menus without increasing transaction times or disrupting back-of-house workflows. By streamlining the delivery of premium, higher-margin drinks, the platform provides foodservice operators with a mechanism to drive incremental sales growth and encourage repeat purchasing. Initial Flavour Profiles and Specifications The platform is launching with a diverse menu of crafted drink options, combining traditional fruit bases with unexpected, contemporary ingredients: 🍋 Yuzu Lychee – A bright, citrus-forward blend featuring sharp, exotic fruit notes. 🍑 White Peach Sangria – A refreshing, fruit-infused botanical profile. 🌶️ Spiced Serves – Experimental beverage formulations introducing a subtle, warming hint of heat. The formulations are designed for simple customisation, enabling on-site staff to quickly adapt the drinks to consumer preferences whilst maintaining consistent portion control and recipe standards. Regional Rollout and Hospitality Partnerships PepsiCo has already initiated the physical rollout of the platform, executing the inaugural launch earlier this month in the United Kingdom during a Pepsi MAX activation at the SXSW London festival. Following this initial UK pilot, PepsiCo plans to scale the physical footprint of the House of Treats platform systematically throughout the year. The expansion roadmap includes: Central and Eastern Europe – Launching the platform across key regional markets, with initial rollouts scheduled for Poland, Romania, and the Czech Republic. UK Distribution Expansion – Scaling the technology across a wider network of domestic travel hubs, cinemas, and entertainment venues. Pourer Properties – Integrating the crafted beverage systems directly into PepsiCo’s established national and international pouring-rights partners. According to Eugene Willemsen, Chief Executive Officer of International Beverages at PepsiCo, the role of beverages is transitioning toward more experiential, shareable moments. He noted that the House of Treats platform provides commercial partners with a scalable mechanism to capture premium category growth whilst satisfying consumer interest in personalised, trend-forward drinks. Beverage Pepsi Launches House of Treats Crafted Beverage Platform for Away-from-Home Venues Dan Bunt June 10, 2026 Beverage PepsiCo Secures Official Beverage Partnership with VENU for Sunset Amphitheatres Foodservice PepsiCo Enters Foodservice with Lays Restaurant Concept Legal Coca-Cola Launches Legal Action Against Vue Cinemas Following Pepsi Switch Soft drinks Pepsi and 7UP Partner with Disney for 'Zootopia 2' Zero Sugar Campaign in China New Products Flavours & Colours Soft drinks Beverage Related news

BonBon has launched its first savoury line, BonBon Swedish Potato Chips, utilising Gotland potatoes to tap into the high-growth premium snack market. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom BonBon Swedish Candy Co, the brand recognised for driving the global expansion of Swedish pick and mix candy culture, has announced its first-ever entry into the savoury category with the launch of BonBon Swedish Potato Chips . The nationwide and international rollout represents a strategic brand extension, transferring the company's high-equity lifestyle branding from confectionery into the high-velocity, premium imported snack sector. The initiative is engineered to capture the rising consumer demand for authentic, heritage-inspired regional foods, utilising premium ingredients and a distinct European provenance to drive immediate retail interest. In a highly competitive and trend-driven snack market, relying exclusively on a single product category introduces portfolio risk. While BonBon has successfully built a global following around its sweet and sour confectionery lines, entering the savoury aisle allows the organisation to capture new dayparts and consumer demographics. Max Herrlander, Director of Sales at BonBon Swedish Candy Co, stated that the brand functions fundamentally as a storyteller of Swedish culinary culture. Herrlander noted that the introduction of potato chips represents a natural evolution for the organisation, sharing the everyday rituals and exceptional ingredients of Swedish heritage through the medium of a premium, beautifully crafted snack. By expanding into the savoury segment, BonBon can cross-merchandise its products in-store, encouraging shoppers to construct diverse snack baskets that combine sweet, sour, and salty profiles. This strategy is expected to increase the average transaction value across both company-owned retail locations and third-party speciality grocers. Agronomic Sourcing The primary technical differentiator of BonBon Swedish Potato Chips is the agricultural origin of the raw potatoes. Rather than sourcing from mass-market industrial farms, the brand utilises potatoes cultivated exclusively on the Swedish island of Gotland. Located in the Baltic Sea, Gotland possesses distinct geographic and environmental attributes that directly influence the quality of the crop: Lime-Rich Soil: The island's soil is exceptionally rich in limestone, providing a highly alkaline growing environment that infuses the potatoes with a distinct mineral complexity. Maritime Climate: The surrounding Baltic Sea creates a uniquely temperate, stable microclimate, allowing for a slower, more even maturation of the crop. Textural Crispness: These optimal growing conditions produce a dense, low-water-content potato that, when sliced exceptionally thin and kettle-cooked, achieves a superior, long-lasting crunch that holds up under transit and shelf-life requirements. By centring the product narrative on this unique regional terroir, BonBon is successfully premiumising a standard commodity snack, justifying its placement in the luxury food and speciality import tiers. Flavour Profiles and Nordic Culinary Heritage To reinforce the brand's authentic Swedish identity, the product line debuts with four distinct, high-intensity flavours. Each SKU is formulated to pay homage to traditional Nordic ingredients and preservation methods, appealing to contemporary "foodie" demographics seeking complex taste profiles: Dill and Chives: Designed as an ode to Sweden's deep cultural relationship with dill. This herb is historically associated with early summer harvest celebrations, midsummer gatherings, and fresh potato dishes. Salt and Vinegar: Reinterpreting a classic snack profile through the lens of Nordic coastal cuisine, utilising a bright, clean acidity that mimics the sharp, refreshing influences of the Baltic shoreline. Dill and Pickle: Replicating Sweden's long-standing culinary tradition of preserving root vegetables. The formulation is engineered to deliver a balanced, multi-stage sensory experience that combines herbaceous dill notes with sweet and sour vinegar finishes. Truffle and Parmesan: A luxury-tier offering that celebrates the wild truffles harvested on Gotland. Often referred to as "Nordic black gold," the truffle flavour is paired with rich, savoury Parmesan to target the premium evening entertaining occasion. The chips are packaged in individual 40g bags, a format optimised for immediate, on-the-go consumption, portion-controlled snacking, and placement in front-of-store convenience racks. New Products BonBon Swedish Candy Co Launches Premium Potato Chips Eddie Sanders May 19, 2026 Snacking PepsiCo Debuts Doritos Protein in UK with Sweet Chilli Chipotle and Steak Flavours Packaging Mars Snacking Debuts Cheez-It and Club Crackers in Resealable Canisters New Products Pringles Launches Dippers Range with Thick Wavy Format Snacking Pringles and Blvck Paris Partner for Limited Edition Can Confectionery Snacking New Products Food Related news

Hometown Food Company brand Chef Boyardee has introduced a high-protein canned pasta line delivering up to 27g of protein per serving. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Canned pasta brand Chef Boyardee has announced the nationwide launch of its Chef Boyardee Protein Canned Pasta line across US retail channels. Delivering between 25g and 27g of protein per can, the five-SKU rollout represents a functional line extension aimed at expanding participation within the ambient canned meal segment. Manufactured under Brynwood Partners portfolio business Hometown Food Company, the launch marks a major product development milestone for the brand following its acquisition from Conagra Brands in 2025. High Protein Formulation The introduction of functional high-protein options within ambient canned meals addresses sustained consumer demand for protein-fortified convenience foods at accessible price points. Supported by a national marketing push, retail activations, and digital influencer partnerships, the line is engineered to attract health-conscious demographics to traditional centre-store canned food aisles. Dan Anglemyer, Chief Operating Officer and Chief Marketing Officer at Hometown Food Company, stated that the protein range is designed to modernise the canned pasta category by combining established flavour profiles with enhanced nutritional metrics to drive brand growth and consumer trial. Product Range and Nutritional Profiles The new Chef Boyardee Protein range is launching with five distinct SKU variations packaged in single-serve cans: 🌶️ Chilli Mac (25g Protein): Beef pasta formulation combined with savoury chilli spices, delivering 25g of protein per serving. 🥟 Beef Ravioli (26g Protein): Beef-filled ravioli enveloped in a creamy tomato sauce, providing 26g of protein per serving. 🍝 Beefaroni (27g Protein): Elbow pasta in a tomato meat sauce with savoury seasonings, offering 27g of protein per serving. 🧆 Spaghetti and Meatballs (25g Protein): Meatballs served with spaghetti in a tomato sauce, providing 25g of protein per serving. 🥣 Chicken with Rice and Vegetables (25g Protein): Tender chicken, rice, and vegetables in a seasoned sauce, delivering 25g of protein per serving. Brand Acquisition The rollout builds upon a series of portfolio additions executed by Hometown Food Company over the past 12 months, including the recent entry into the dry dinner mix segment with Chef Boyardee Skillet Meals. Following the acquisition of the Chef Boyardee brand from Conagra Brands, parent private equity firm Brynwood Partners has accelerated research and development timelines to update the brand's product architecture. Henk Hartong III, Chairman and Chief Executive Officer of Brynwood Partners, noted that the rapid deployment of Skillet Meals and high-protein canned options reflects an operational focus on product innovation and retail expansion during the first year of ownership. New Products Chef Boyardee Launches High-Protein Canned Pasta Range Eddie Sanders July 29, 2026 New Products Toby Carvery Makes Retail Debut with Frozen Range at Iceland New Products Goodles Launches Twirly Mac Range with Three Bold Flavours New Products Gritzy Launches Heat and Eat Stone Ground Grits Line New Products High Liner Foods Launches High-Protein Sea Cuisine Skillet Meals in US Food New Products Related news

Mondelēz International brand Oreo has partnered with Yum! Brands KFC to launch limited-edition fried chicken-flavoured cookies across China. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. Featured in this news Foodservice KFC The Newsroom Confectionery major Mondelēz International and quick-service restaurant enterprise Yum! Brands have announced a cross-category product collaboration between Oreo and KFC in China. Launched on 31 July 2026, the limited-edition platform introduces a fried chicken-flavoured Oreo cookie featuring a savoury cream filling inspired by KFC's Original Recipe seasoning. The promotional release enters China's competitive snack and QSR channels under Oreo's short-run "Playful Time Travel" collection, using co-branded novelty flavour concepts to engage local consumer demographics and drive impulse purchasing. Savoury Flavour Formulation The development of the fried chicken variant replaces Oreo's standard sweet vanilla creme with a savoury filling engineered to mirror the 11 herbs and spices used in KFC's chicken seasoning. The cookie pairs classic dark chocolate wafers with the savoury creme matrix, incorporating seasoning and salty notes without including meat derivatives. To strengthen brand identity across physical retail channels, the individual cookie wafers feature an embossed KFC logo alongside Oreo's standard design. Multi-Flavour Lineup The promotional campaign debuts across two distinct flavour variations within the "Playful Time Travel" platform: 🍗 Fried Chicken Original Recipe: A savoury cream filling engineered with KFC's 11 herbs and spices seasoning, sandwiched between chocolate wafers. 🍿 Retro Popcorn: A sweet-and-savoury popcorn-inspired flavour profile introduced alongside the fried chicken variant in individual and variety multipacks. Where are they available? The product rollout replaces Oreo's signature blue packaging with a red-and-white striped design inspired by KFC's restaurant branding. The limited-time offering (LTO) has commenced physical retail distribution across grocery stockists, convenience store networks, and selected KFC restaurant locations throughout China. The collaboration illustrates how global food and beverage brand owners deploy co-branded LTO platforms and cross-category flavour experiments to stimulate consumer trial across regional markets. New Products Oreo and KFC Partner for Savoury Fried Chicken Oreos in China Eddie Sanders August 4, 2026 Foodservice Zaxbys Launches NERDS Strawberry Milkshake New Products Dan-O's Seasoning Launches Clean-Label Chilli and Tac-O Seasoning Packets Snacking Cheetos Launches Multi-Sensory Sweet Phantom Heat Puffs in US Coffee & Tea Philadelphia and Ziggi's Coffee Debut Everything Bagel Latte Snacking Food New Products Confectionery Related news

Uber Technologies has launched a voluntary cash takeover offer for Delivery Hero, valuing the global delivery firm at an equity value of 14.8 billion dollars. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom The global food delivery and quick-commerce sectors are preparing for a major consolidation as Uber Technologies, Inc. has entered into a business combination agreement to acquire Delivery Hero. The voluntary takeover offer of €41.50 per share in cash represents an equity value of $14.8 billion for 100% of the company, or $13.7 billion when adjusted for Uber’s prior stake purchases. Upon regulatory clearance and completion, the transaction will expand Uber’s mobility and delivery footprint to 99 markets globally. Based on 2025 financial performance, the combined entity represents pro forma gross bookings of $236 billion. The management and supervisory boards of Delivery Hero have welcomed the takeover offer and intend to recommend that shareholders tender their shares, subject to a final review of the official offer document. Global technology investor Prosus, which holds approximately a 17% stake in Delivery Hero, has irrevocably committed to tendering its shares, bringing Uber’s total expected economic interest to approximately 53% upon tendering. Transaction Structure and Division of Markets To address geographical overlaps and secure regulatory approvals across multiple jurisdictions, the transaction includes a parallel divestment agreement. Delivery Hero has separately agreed to sell operations in 14 of its current markets to SSW Partners, a New York-based investment firm, for approximately $1.6 billion. Uber will not acquire control over the businesses transferred to SSW Partners. Instead, SSW Partners will operate these units independently while identifying long-term strategic partners. The division of Delivery Hero’s brand portfolio is structured as follows: Operations Acquired by Uber These 50 markets generated $42 billion in gross bookings in 2025 and include the following brands: Baedal Minjok in the Republic of Korea foodora in Hungary foodpanda in Bangladesh, Cambodia, Hong Kong, Laos, Malaysia, Myanmar, Pakistan, the Philippines, and Singapore Glovo in Armenia, Bosnia and Herzegovina, Bulgaria, Côte d'Ivoire, Croatia, Georgia, Italy, Kazakhstan, Kenya, Kyrgyzstan, Montenegro, Morocco, Nigeria, Serbia, Tunisia, Uganda, and Ukraine Hungerstation in Saudi Arabia PedidosYa in Argentina, Bolivia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Paraguay, Peru, Uruguay, and Venezuela Middle East talabat in Bahrain, Egypt, Iraq, Jordan, Kuwait, Oman, Qatar, and the United Arab Emirates Operations Acquired by SSW Partners These 14 markets generated $11 billion in gross bookings in 2025 and include the following brands: foodora in Austria, Czechia, Norway, and Sweden efood in Greece Foody in Cyprus Glovo in Moldova, Poland, Portugal, Romania, and Spain PedidosYa in Chile and Ecuador Yemeksepeti in Türkiye Cross-Platform Integration The transaction is designed to accelerate the rollout of Uber's cross-platform strategy, which pairs ride-hailing services with food and grocery delivery. The acquisition will nearly double the number of markets where Uber offers both mobility and delivery from 34 to 58. From an operational standpoint, denser delivery networks typically drive higher order volumes and improved courier utilisation. Historically, multi-product users on Uber's platform generate approximately three times the gross bookings and profits of single-product users, serving as a highly efficient channel for organic customer acquisition. Financially, Uber expects the transaction to be accretive to non-GAAP earnings per share (EPS) immediately upon closing, with accretion projected to reach high-single-digit percentages by the third year of operation. Commitment to German Infrastructure and Workforce As part of the business combination agreement, Uber has made several commitments regarding Delivery Hero's corporate footprint and workforce. Delivery Hero’s global headquarters will remain in Berlin, and Uber has pledged that there will be no workforce reductions at the Berlin office until at least 2029. Furthermore, Uber has committed to investing €2 billion in Germany over the next five years. This capital is earmarked for: The development of its German corporate workforce The expansion of its nationwide delivery and mobility services The deployment of autonomous vehicles in partnership with the German automotive industry Financial Framework and Capital Allocation Uber plans to fund the acquisition using existing cash reserves and new debt. The company has secured a committed bridge financing facility of approximately €14 billion. The transaction is structured to preserve Uber’s investment-grade credit rating, with the company targeting a gross leverage ratio of less than 2x, supported by organic free cash flow. Executives confirmed that Uber's current capital allocation framework remains unchanged, including its ongoing commitment to returning excess capital to shareholders through share buybacks. The takeover offer is subject to a minimum acceptance threshold of 50% plus one share of Delivery Hero's outstanding capital, alongside standard financial and merger control regulatory clearances. Uber has agreed not to enter into a Domination and Profit Transfer Agreement (DPLTA) for at least three years. The transaction is expected to close in the second half of 2027. 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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 Agriculture Beanstalk AgTech Launches Monsoon Ventures to Scale Southeast Asian Agtech Agriculture General Mills, ADM and Walmart Partner to Accelerate Wheat Regenerative Agriculture Technology McCain Foods Partners with Ceres AI to Launch Ag-Tech Grower Programme Agriculture Puratos Scales Regenerative Agriculture Across US Wheat Supply Chain Sustainability Agriculture Business & Finance Related news

Originally launched in 2011, the flavour profile is being revived in response to consumer demand, but with a significant formulation overhaul designed to align with current gut health trends. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Functional beverage brand Karma Water has announced the strategic reintroduction of one of its original bestselling SKUs, Pineapple Coconut Probiotic Water . The refreshed product is set to debut at the 2026 Winter Fancy Faire Show in San Diego (11–13 January). Originally launched in 2011, the flavour profile is being revived in response to consumer demand, but with a significant formulation overhaul designed to align with current gut health trends. Technology and Formulation The relaunch utilises Karma’s patented Push Cap Technology , a delivery system designed to protect active nutrients and probiotics from degradation by keeping them separate from the water until the moment of consumption. Key Technical Specifications: 🥥🍍 Probiotic Load: 2 Billion CFU of BC30® Probiotics , targeting digestive and immune health support. 💊 Micronutrients: Delivers 100% Daily Value of six essential vitamins (A, B3, B5, B6, B12 & E). 🍃 Clean Label: Formulated with zero artificial sweeteners, colours, or flavours. Strategic Rationale The move bridges nostalgia with modern functionality. By upgrading a legacy flavour with high-potency probiotics, Karma Water aims to retain its original fanbase while capturing new consumers focused on microbiome health. CJ Rapp , Karma Water CEO and Co-founder, commented on the decision: "We've heard from loyal Karma fans for years asking us to bring Pineapple Coconut back. It's a nostalgic flavour for so many people and reintroducing it with added probiotics makes it even more craveable and functional. We're excited for everyone to taste it again, this time better than ever." Following its trade show debut at booth #2839, the new Pineapple Coconut flavour will roll out commercially in 2026. Distribution channels include Amazon and select retailers nationwide, with a confirmed listing at Aldi . New Products Karma Water Revives 'Pineapple Coconut' Flavour with Probiotic Upgrade January 7, 2026 New Products RYZE Launches Limited Edition Pumpkin Spice Mushroom Coffee at Target New Products Beyond Meat Launches Phytosphere Platform with Powders, Bars and Beverages New Products Optimum Nutrition and Wisconsin Brewing Launch ChampionSips Protein Non Alcoholic Beer New Products Wave Kids Launches Four Organic Flavoured Waters for Back to School Water New Products Beverage Flavours & Colours Health & Nutrition Related news

Archer Foodservice Partners has signed a definitive agreement to acquire the foodservice business of Sterno from Compass Diversified, a strategic "carve-out" that adds portable food-warming and tabletop solutions to its growing industrial portfolio. comments debug Exchange Write a comment Write a comment Share Your Thoughts Be the first to write a comment. The Newsroom Wynnchurch Capital, a leading middle-market private equity firm, has announced that its portfolio company, Archer Foodservice Partners, has entered into a definitive agreement to acquire the foodservice division of SternoCandleLamp Holdings, Inc. The transaction is a strategic carve-out from Compass Diversified. The acquisition represents a significant expansion for Archer, the parent entity of Handgards, Inno-Pak, and Fineline Settings. By integrating Sterno’s industry-standard food-warming and tabletop solutions, Archer is consolidating its position as a primary provider of critical consumables for the catering, hospitality, and broader foodservice sectors. Portfolio Integration and Synergy The addition of Sterno provides Archer with an iconic brand that holds a dominant position in the portable heating market. Sterno is widely recognised for its chafing fuel products, which are essential components for high-volume catering and buffet operations. Joe Kubicek, CEO of Archer, noted that Sterno will join an existing "stable" of market-leading companies. For B2B stakeholders, this integration offers several key advantages: One-Stop Procurement: Customers can now access a wider range of consumables—from food-warming solutions (Sterno) to disposables and packaging (Handgards, Inno-Pak)—under a single parent entity. Expanded Manufacturing Footprint: The deal includes two primary converting sites in Texarkana, TX, and Memphis, TN, employing over 240 staff. Brand Equity Leveraging: Archer intends to build upon Sterno’s long-standing heritage to strengthen its presence in the premium hospitality segment. Managing the Corporate Carve-Out As a carve-out from Compass Diversified, the transaction requires a specific operational transition to separate Sterno's foodservice assets from its parent structure. Wynnchurch Capital’s experience in the middle market is expected to facilitate this transition, ensuring that customer supply chains remain uninterrupted during the ownership change. The move allows Sterno to benefit from the specialised foodservice focus of the Archer platform. While previously part of a broader diversified holding company, Sterno will now be part of an entity exclusively dedicated to the foodservice consumables category, potentially leading to more targeted R&D and market expansion efforts. The deal reflects a broader trend of consolidation in the foodservice supply chain. As hospitality operators look for ways to simplify their vendor lists and mitigate supply chain volatility, larger entities like Archer are acquiring specialised category leaders to offer comprehensive, integrated solutions. For Wynnchurch Capital, the acquisition reinforces its strategy of investing in market-leading industrial and service businesses with clear growth trajectories. Foley & Lardner LLP provided legal counsel for the transaction, which is subject to customary closing conditions and regulatory approvals. The acquisition is expected to close in the coming months. Once finalised, Archer will manage a multi-brand portfolio that covers nearly every aspect of the "front-of-house" and "back-of-house" consumable needs. As the catering and events industry continues its post-pandemic recovery, the demand for reliable, high-quality warming and tabletop solutions is projected to remain strong. By securing the Sterno brand, Archer is positioned to lead this specialised sub-sector while leveraging cross-selling opportunities across its Handgards, Inno-Pak, and Fineline Settings divisions. Business & Finance Archer Foodservice Partners to Acquire Sterno Foodservice Business Eddie Sanders March 31, 2026 Business & Finance General Mills Completes Sale of Brazil Business to 3corações Alcohol Sazerac Expands Kentucky Bourbon Network with Acquisition of Garrard County Distilling Business & Finance GrubMarket Enters UK Market with Acquisition of JR Holland Business & Finance Pilgrim's Europe to Acquire Walkers Deli and Sausage from Samworth Brothers Business & Finance Foodservice Related news