Food Industry

Ten-figure acquisitions, new agency experiments and organizational changes are underway, but the real key may be relinquishing a sense of control.

Brands such as Lance crackers and V8 Splash will transition to colors derived from annatto, purple carrot juice concentrate and other natural sources.

Elliott Investment Management said the food and beverage maker has become a “dramatic underperformer,” and there’s a “historic opportunity” to boost its stock price.

Takeshi Niinami is leaving after a decade at the company as he faces an investigation into potentially illegal supplements.

The ketchup and Lunchables giant will create one business for grocery staples and another for sauces, spreads and seasonings.

I strongly believe we’re in a pivotal moment for the future of infant nutrition, and one that will redefine infant formula for generations to come.

“I will not retire until you get me a robot.” It was more than a joke. It was a sign that Sunrise was ready to invest in smarter, more scalable ways of working.

Laurent Freixe is being replaced after one year in the role by Philipp Navratil, the head of the company’s Nespresso brand.

The company will retain the part of 8th Avenue’s portfolio that includes nut butters, fruit and nut products and granola.

Celsius also will acquire the beverage giant’s Rockstar Energy drink brand in the U.S. and Canada.