Unilever sells Slim Fast to private equity firm Kainos Capital for undisclosed sum
Unilever has sold its Slim Fast weight management brand to private equity firm Kainos Capital, but will retain a minority stake in the business.
Archives for July 10, 2014
Particulars of GRAS process leave it open to criticism, expert says
The GRAS process as it stands in the United States is vulnerable to criticism based on possible conflicts of interest and low-quality safety work, said Claire Kruger, PhD, president of Spherix Consulting, a division of ChromaDex.
Trader Joe's 'purposefully railroaded business relationships', alleges lawsuit
Trader Joe’s move to cut out the middlemen in dairy supply chain left key vendor & broker ‘high and dry’, says lawsuit
Trader Joe’s move to ditch a broker and a vendor it had been working with for years and deal directly with key suppliers of ice cream and other dairy products left the pair “high & dry”, says a lawsuit accusing the retailer of “systematically eliminating...
Does Unilever’s Slim-Fast fail signal the end of weight management as we know it?
Fourteen years after Unilever spent $2.3bn (€1.7bn) to buy Slim-Fast, it has sold up for an undisclosed sum to a private equity player. Analyst and author Julian Mellentin tracks the decline of a mega-brand and considers what he sees as a category in crisis.
60-second interview: The day job
What do you do? Kai Sacher, vice president of global research & development, Chobani
In the latest installment of FoodNavigator-USA’s What do you do series, we talked with Kai Sacher, head of global product development at leading yogurt manufacturer Chobani, about his roots on Austrian dairy farms, the importance of timing in new product...