Weekender: Mondelez buys premium chocolate and snack maker Hu for undisclosed amount

Signup | Forward Weekender Jan.​ 9,​ 2021 | A roundup of this week's most read stories

BROUGHT TO YOU BY — Food Dive's studioID How COVID-19 Is Testing Supply Chains The impact of the pandemic on food industry trade dynamics, from farmer to processor to consumer, have ranged widely. Learn how the pandemic is testing F&B supply chains in this white paper.   Mondelez buys premium chocolate and snack maker Hu for undisclosed amount The snacking giant, which took a minority stake in the brand nearly two years ago, has been bulking up its portfolio through deals with brands focused on simpler ingredients. McCormick buys natural flavorings company FONA International for $710M The acquisition will expand the 132-year-old company's reach into growing categories, such as performance nutrition and health and wellness. Air Protein raises $32M to develop a meat alternative out of thin air The company, built around 1960s-era NASA research of turning carbon dioxide into something edible, received funds from ADM Ventures, Barclays and GV. Coronavirus to weigh on Coke, Conagra and other CPGs in 2021, analysts say The closure of away-from-home venues will impact the soda giant and competitor PepsiCo, while some food makers will struggle as consumers return to pre-pandemic meal preparation habits. Tyson Foods not protected by executive order keeping plants open, judge rules The federal court is sending an Iowa lawsuit about a worker's death back to the state level after rejecting the company's claim it was acting at the direction of the federal government. Recommended For You Improve your recommendations: click here to update your profile. Deep Dive 5 trends fueling food and beverage innovation in 2021 Consumers will pick up their pursuit of immunity boosts, new plant-based options, global flavors and tech-enhanced foods after a tough year.   Inside PepsiCo's DTC Process The CPG brands that accelerated their ecommerce plans after the impact of COVID-19 are seeing a competitive advantage in the market. Explore best practices from PepsiCo in this webinar. Watch Now From Our Library Whitepaper How COVID-19 is Testing and Strengthening Food Industry Supply Chains Mintec Webinar - on demand Food and Beverage Industry Outlook Aptean Playbook A Natural Approach to Colorful Foods ADM Playbook Customization Takes the Pinch Out of Product Development Summit Hill Foods View all resources Best of What We're Reading Bloomberg Global Food Prices at Six-Year High Are Set to Keep On Climbing Raleigh News & Observer Peco Foods closing 3 Mississippi locations, expanding others The Guardian Gene editing of crops and livestock may soon be permitted in England Reuters Waterworld: How beverage company Diageo is rethinking water usage Adweek With Beer Drinking Down, Jim Beam Targets Consumers Looking for a New 'Sessionable' Beverage CIO How Cargill IT is helping to solve the world's food problems Suggest a story we should read Dive Into a Topic Manufacturing Grocery Ingredients Corporate Packaging / Labeling Food Safety Policy Meat / Protein Marketing Beverages Sustainability Share Food Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to Food Dive: Daily Dive. Here's your link to share: https://www.fooddive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316

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