Archives for August 4, 2021

Kraft Heinz tracking ‘well above pre-pandemic levels’ gaining 2 million new households in two years, says CEO

Closing out the first half of 2021 and using pre-pandemic 2019 as a measuring stick for its growth, Kraft Heinz CEO Miguel Patricio says it has made fundamental progress in its transformation agenda.

News in brief

Plant-based protein brand Vega acquired by PE firm

Canadian plant-based protein brand Vega has been acquired by WM Partners, a private equity firm focused on investing in middle market companies in the health and wellness sector.

Beyond Meat plant-based chicken nuggets launch nationwide with A&W Canada

Beyond Meat has expanded its partnership with A&W Canada, making its plant-based chicken nuggets available at all the quick-service restaurant chain's locations throughout Canada.

‘Some carbs are better than others…’ Unilever, Hershey, General Mills urge FDA to look again at labeling of sugars metabolized differently than traditional sugars

Leading CPG companies including Unilever, Hershey, and General Mills have urged the FDA to look again at the way some sugars such as tagatose and isomaltulose are labeled on the Nutrition Facts panel in the wake of recent changes to the way allulose is...

‘Milk plants, hug cows…’ Miyoko’s Creamery raises $52m, develops industry-first: plant-based cottage cheese

Plant-based dairy brand Miyoko’s Creamery has raised $52m in a series C round led by PowerPlant Partners ($40m) that will help fund marketing and innovation at the firm, which generated a 70% increase in revenues in 2020, and is gearing up to launch an...

Danone & Brightseed expand A.I. partnership to explore plant-based health benefits

The three-year strategic collaboration aims to co-build an unparalleled understanding of the world’s most common crops and their impact on human biology, and advance Danone’s plant-based expertise.

News In Brief

Pacific Foods brings oat milk to the dinner table with new soups, and pea-protein to plant-based broths

Already a breakfast staple added to coffee, cereal and used in baked goods, oat milk is now finding its way to the dinner table “for the first time” as the star ingredient in Pacific Foods first-to-market Creamy Oat-Milk Soup.