Christopher Doering, Food Dive

Christopher Doering

Food Dive

Washington, DC, United States

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Recent articles by Christopher:

Keurig Dr Pepper affiliated entity to buy $20M in Vita Coco stock as part of IPO

The soda, water, tea and coffee giant is Vita Coco’s largest distributor customer, accounting for 19% of its total net sales in 2020. → Read More

PepsiCo to cut use of virgin plastic as part of broad sustainability goal

The Fritos and Gatorade manufacturer is embracing a more ambitious agenda to reduce reliance on new plastics as consumers continue to pressure brands to reduce their environmental footprints. → Read More

Kraft Heinz paying $62M to settle SEC investigation over its accounting

The agency said the CPG giant engaged "in a long-running expense management scheme" that resulted in the restatement of several years of financial reporting. The company did not admit to or deny the findings. → Read More

Locust bean gum's newfound success in food stymied by supply shortages

As demand for the versatile ingredient found in everything from ice cream to plant-based foods has increased, soaring prices have prompted some companies to look for cheaper substitutes. → Read More

Oatly accused by short seller of overstating revenue and sustainability efforts

Food industry news, voices and jobs. Optimized for your mobile phone. → Read More

Coca-Cola changes taste of Zero Sugar to be more like Coke

The flavor, which was achieved by tweaking the ingredient mix, also includes a new package design. The product will start hitting U.S. shelves this month. → Read More

Tyson recalls 8.5M pounds of ready-to-eat frozen chicken

The product, which was sold at Walmart, Publix, Wegmans and other retailers, has been linked to three cases of listeriosis, including one death, according to the government. → Read More

Danone buys majority stake in coconut products maker Harmless Harvest

The CPG giant, which first invested in the water, yogurt and smoothie manufacturer in 2017, didn't disclose how much it owns or the amount of money it spent to acquire a controlling share. → Read More

Mondelēz's Triscuit is the latest brand to embrace traceability

The snacking giant said the transparency pilot, which allows consumers to follow the journey of white-winter wheat from fields in Michigan to the bakery, is the first of its kind for the company. → Read More

Vita Coco touts growing sales, profitability ahead of IPO

Food industry news, voices and jobs. Optimized for your mobile phone. → Read More

Pace of M&A, divestitures likely to increase in 2021, survey finds

Kearney said the financial stimulus, low interest rates, large cash stockpiles and strong equity markets have created a climate favorable for sellers. → Read More

Tyson Foods names COO King to top post as CEO steps down

Company veteran Donnie King will replace Dean Banks who is leaving for personal reasons. Banks was in the role for eight months after becoming CEO last October. → Read More

Kodiak Cakes purchased by private equity firm L Catterton

The pancake and waffle manufacturer is the latest small company to get acquired in recent months as investors cash in on the growth of better-for-you food offerings. → Read More

Leftovers: Cheez-It takes the cake; Lay's turns up the heat with summer flavors

The sweet treat, to be sold in limited quantities, contains an entire box of Kellogg's popular cheese cracker, and Can-O-Que packages BBQ sauce made with beer in a can. → Read More

Utz to buy chip supplier for $41M to improve supply chain

The acquisition of Festida Foods will improve production of the recently acquired On The Border brand while helping the company's expansion efforts in the Midwest. → Read More

Nestlé buys healthy sports hydration brand Nuun

The purchase is the latest move by CEO Mark Schneider to turn the Switzerland-based food giant into a leading brand in personal health and nutrition. Terms of the deal were not disclosed. → Read More

Molson Coors invests in brewery founded by gang rivals

The partnership with Tru Colors is not only a strategic investment but the latest in a series of actions by the beer maker to foster a more inclusive and diverse culture. → Read More

Anheuser-Busch invests $100M to upcycle barley used to make beer

The company's subsidiary EverGrain will scale up production of the saved grain on the brewer's St. Louis campus and is currently in discussion with "all the major CPGs" to use it. → Read More

Campbell Soup to sell Plum Organics to Sun-Maid for undisclosed amount

The divestiture marks a further unwinding of some acquisitions made under the CPG giant's prior CEO, and will allow it to focus more on its soups, sauces and beverages. → Read More

Post's private label division to buy Ronzoni in deal valuing pasta brand at $95M

The purchase, which complements the company's existing offerings in the category, comes amid a frenzy of recent acquisitions including Peter Pan peanut butter. → Read More