Dairy
Danone to Acquire WhiteWave Foods for $12.5 Billion
The deal will nearly double the size of Danone’s North America footprint, increasing it from 12 to 22 percent of the company’s total portfolio and align it with several fast-growing brands focused on healthy and sustainable lifestyles.
At Target, Noosa Hits the Bullseye
Earlier this month, retailer Target detailed their continued plans to revamp their grocery department and focus on the perimeter of the store. One of the brands that has already seen the potential power of Target’s perimeter is yogurt brand Noosa. At Expo West, Noosa Co-Founder Koel Thomae talked with Project NOSH about the company’s history, the relationship with Target, and what’s next for the yogurt brand.
Video: Expo West 2016 Roundup – Telling the Story to Consumers
Although Natural Products Expo West, which ended on Sunday, has swelled to an amazing 3,000 exhibitors, Project NOSH spotted three macro trends (insect based protein, full-fat dairy and single origin products) that spanned numerous categories. In the following video, Project NOSH Editor Carol Ortenberg and BevNET Editor-in-Chief Jeff Klineman discuss these trends — and the brands and products that embody them.
Cottage Industry: Good Culture Raises $2.1 Million for Cottage Cheese 2.0
This morning, Good Culture announced that it had closed a $2.1 million Series A fundraising round, with Christopher’s new private equity fund, CAVU Venture Partners, and General Mills’ new venture fund 301 INC leading the investment.
Annie’s Brings the Goodness of Whole Milk to the Yogurt Aisle
Today, Annie’s, Inc. announced the availability of a new line of Organic Whole Milk Yogurt in three delicious varieties, including Berry Patch, Summer Strawberry and Very Vanilla.
Chobani Vets Score $11m for Skyr Startup
Icelandic Provisions, a new dairy startup, believes they have the recipe for success in the yogurt category by using skyr to target consumer needs for higher protein and lower sugar cultured dairy. The company leadership recently closed an investment of $11 million dollars led by healthcare and technology VC Polaris Ventures.
CleverFoodies’ Scramble Now Available In Grocery Stores Nationwide
CleverFoodies is excited to pioneer an entirely new category for the dairy aisle with the launch of Scramble™, an innovative line of small-batch cooked mix of vegetables, herbs and spices you just add to eggs. The category-creating new product recipe was specifically concocted to pair with eggs.
Lessons From Pepsi/Müller: For Big Companies, Entrepreneurialism Can Be All Greek
Last week, PepsiCo Inc. and the German dairy company Theo Müller Group announced the termination of their U.S. joint venture. Yet, as consumers have begun to favor smaller product lines, large strategic CPG companies have put more innovative brands on the market. So what should be instructive about the joint venture for other large strategics, like Hershey’s, Mars, and Heinz and French’s and where do smaller brands have the upper hand?
Stonyfield Introduces Limited Edition Oh My Yog! in New England Maple
Stonyfield, the country’s leading organic yogurt maker, today introduces the latest offering in its Oh My Yog! lineup, limited edition New England Maple. Made from organic whole milk and featuring maple syrup sourced from New Englanders who have a passion for making organic syrup, Oh My Yog! New England Maple is an everyday indulgence consumers can feel good about choosing.
Chobani’s On Sale — Who’s Buying?
It’s the entrepreneurial food brand that has turned into the firmament of its category, but Chobani, now a staple of many a shopping list, might even be targeted for purchase by strategic investors, as well.