Hampton Creek CEO Talks Lessons Learned, ‘New Chapters’; What We Know About the Stonyfield Farm Sale

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Project NOSH Newsletter - May 18, 2017

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	Meagan McGinnes Hampton Creek CEO Talks Lessons Learned, ‘New Chapters’ It hasn’t always been an easy road for Hampton Creek. The Just Mayo maker made headlines for all the wrong reasons after a run-in with the FDA regarding the product’s marketing, a buyback investigation by the SEC and, most recently, reported funding struggles and layoffs. There have also been lawsuits and investigative reports to deal with, as well as personal criticisms of the company's CEO, Josh Tetrick. Nevertheless, Tetrick told NOSH this week that the most recent changes at Hampton Creek do not signify turmoil for the San Francisco-based startup, but rather “a new chapter.”

	Meagan McGinnes What We Know About the Stonyfield Farm Sale The New Hampshire-based company’s owner, Danone, announced earlier this year its plans to sell Stonyfield, which saw 2016 sales of $370 million. The brand is proving to be a hot commodity for big food companies outside of the U.S.. This week’s headlines indicate that least two bids -- one by Inner Mongolia Yili Industrial, another by Mexico’s Grupo Lala-- have been placed for the organic yogurt maker.

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