Post Holdings prevails in bidding war for Weetabix; appoints new MD
There will be a management shuffle once US cereal giant Post Holdings has concluded the £1.4bn ($1.76bn) deal for the UK’s 84-year-old cereal business the Weetabix Food Company.
Archives for April 17, 2017
Greco has experience ‘in preparing and bringing companies to acquisition’
AquaBall maker True Drinks taps CPG veteran James Greco as CEO
Former Sbarro CEO James Greco has taken the helm at True Drinks Holdings – the firm behind kids’ flavored water brand AquaBall – while Kevin Sherman (who has been in charge since Lance Leonard departed in December 2015) will stay on as president.
Flexibility will distinguish winners from losers in the meal kit category, says Terra's Kitchen CEO
Are meal kits the next big thing in food, or a black hole into which to pour large sums of cash chasing the latest fad? Investors are in different camps on this, acknowledges Terra’s Kitchen CEO Mike McDeVitt, but there’s no doubt that meal kits meet a...
Austin to pay people to house chickens in waste initiative
Austin, the capital city of the US state Texas, will start paying the public to keep a chicken coop as government officials look to innovative methods to meet ambitious food waste targets.
Organic status of hydroponics back on the docket at NOSB semi-annual meeting this week
Organic stakeholders gathering in Denver this week for the National Organic Standards Board meeting will take another stab at defining the role of hydroponic production in organic, which documents suggest the advisory committee may prohibit.
US foodservice firm brings out all-natural meat ingredients line
Meat producer Burke Corporation has cooked up a line of clean ingredients as the company aims to position itself as an “innovative leader” in America’s pizza toppings supply industry.
Muuna hits 4,000 stores, urges US consumers to rethink cottage cheese
Cottage cheese brand Muuna has rolled out to 4,000 retail locations nine months after its US launch, and is supporting its rapid growth with a multimedia marketing campaign and influencer program featuring dietitians and fitness professionals.