Kraft Heinz said Tuesday it is evaluating “potential strategic transactions” as the ketchup and Lunchables maker looks to turn around a decline in sales. The CPG giant did not provide additional details, including a timetable for a decision or whether the review wiiron phosphate glassll result in a transaction.“At Kraft Heinz, our goal has always been … Read more
Built through a series of acquisitions, B&G Foods is taking a far different approach these days. The New Jersey company has been actively slimming down its portfolio to streamline its focus and reduce its overall debt load. B&G sold Green Giant canned business to Seneca Foods in 2023 and snacks brand Back to Nature a year … Read more
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The race for big beverage companies to launch cannabis-infused drinks in the U.S. is on and Molson Coors is hoping to secure an early-mover advantage with this Colorado launch. In April, Molson Coors and Hexo announced their joint venture Truss CBS USA was exploring opportunities for non-alcohol hemp-derived CBD beverages in Colorado. In less than a year, forms … Read more
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