Food Manufacturing
Top stories summarized by our editors
6/22/2017

Potential conflicts of interest are prompting Red Bull to walk back its sponsorship deals with esports teams Cloud9 and Team SoloMid, reports say. Red Bull has sponsored the teams since 2015 and is said to be negotiating a $3 million deal with esports club Tempo Storm.

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ESPN
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Red Bull
6/22/2017

Dr Pepper Snapple Group has named company veteran Lain Hancock the new CEO of Bai Brands in the wake of news that Bai founder Ben Weiss has left the company. Weiss started Bai in 2009 and continued to run the firm for seven months following Dr Pepper Snapple Group's November 2016 purchase of the brand for $1.7 billion.

6/22/2017

Kellogg has partnered with Moe's Southwest Grill to launch Moe's Breakfast Bowls in five varieties, which are in frozen food cases at select grocers. The new innovation will be Moe's first entry into the frozen food category, as well as the chain's initial foray into the breakfast daypart.

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Moe, Kellogg, Kellogg
6/22/2017

Campbell Soup has named Matt Pritchard vice president of its digital acceleration group as the company aims to personalize its digital marketing efforts. "He is a seasoned executive who can help shepherd the entire organization around a broad and really transformative digital vision, and he has all the required skills at a full level up from a director to be able to do that," said Chief Commercial and Marketing Officer Greg Shewchuk of Pritchard's appointment.

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Advertising Age
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Campbell Soup, Greg Shewchuk
6/22/2017

Nestle has joined forces with RocketSpace and Rabobank to nurture food startups via the Terra Food + Ag Tech Accelerator program. The platform aims to discover and support next-generation food companies, and Nestle is planning to help 20 startups during its two upcoming six-month programs.

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Nestle, Rabobank, RocketSpace
6/22/2017

Danone CEO Emmanuel Faber debuted the firm's new tagline, "One Planet. One Health," this week. The company is striving to associate itself with healthy eating habits and natural foods, especially in North America, which comprises about a quarter of the firm's group sales.

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Reuters
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Danone, Emmanuel Faber
6/22/2017

Some 53% of Monster Beverage's retail growth over the past five years has been driven by new flavors and products, and the company is debuting a Mango Loco flavor this year. Monster is also continuing its international growth with plans to enter new markets across Asia, Africa and South America before 2018.

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Monster Beverage
6/22/2017

Bulletproof 360 is expanding its FATwater line by debuting blueberry, dragon fruit and mango flavors this summer. In addition, the company's Senior Food Product Development Scientist Kimberly Schaub is developing new line extensions for the brand.

6/22/2017

Dagoba Organic Chocolate's One for All Cacao Project has been created to benefit women within cacao communities in nations such as the Dominican Republic, Peru, Ecuador and Tanzania. "Dagoba will invest in grassroots programs to support these women, empower them to implement change within their community's infrastructure and sustain the viability of their village resources," said Dagoba Senior Brand Manager Susie Picken Burch.

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Candy & Snack Today
6/22/2017

Katjes International has acquired a 5.7% stake in Josef Manner & Comp AG, a wafer company based in Austria. Manner's product quality and "sustainable brand management" were among the reasons for Katjes' interest, according to Katjes International Managing Partner Tobias Bachmuller.

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Candy Industry