Weekender: Post buys TreeHouse Foods' ready-to-eat cereal business for $85M

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BROUGHT TO YOU BY — Food Dive's studioID What's Next for Plant-Based Dairy Products? Explore the current market trends, consuming insights and innovations driving plant-based dairy alternative products in this on-demand webinar.   Post buys TreeHouse Foods' ready-to-eat cereal business for $85M This is the second time the two companies have agreed to a deal. A previous pact was terminated in January 2020 after the FTC challenged it because of antitrust concerns.  Nonalcoholic beer maker Athletic Brewing raises $50M The company will use the funds to build its third brewery, which will support expansion on the East Coast and grow its production capacity ahead of surging demand. 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. Sponsored Content by Zosi Food defense 101: 3 types of food defense threat motivations Is your facility's food defense program equally prepared to address threats? Column Leftovers: DiGiorno celebrates National Donut Day with a pizza twist; General Mills' cold cereals get hot Nestlé's latest mashup adds mozzarella and tomato sauce to doughnuts, while a startup offers a sweet way to wake up or settle down with functional chocolate bars. Walmart debuts private label beef The launch of McClaren Farms comes two years after the retailer announced plans to develop an end-to-end supply chain for Angus beef.  Recommended For You Improve your recommendations: click here to update your profile. Deep Dive Big Food hit pause on switching to natural colors. What will it take to make the shift? Manufacturers point to a lack of consumer demand for swapping out artificial colors in brightly hued foods, but new research — and legislation — may force their hands. Meet the Key to Plant-Based Protein Innovation The surging popularity of plant-based meat (YOY +45.3%) and milk (YOY +20.4%) signals a revolution in protein delivery. Discover the latest trends in this new playbook. Download Now From Our Library Playbook Get More Out of Your Teams With Centralized Digital Assets Nuxeo Playbook The Secret Behind the Plant-Based Protein Revolution United Soybean Board View all resources Best of What We're Reading Food Navigator Nestlé confirms new health and nutrition strategy after leaked documents dent its image CFO Dive Tillamook names new CFO The Counter The JBS ransomware hack was only the latest in a surge of cyberattacks on the U.S. food system The Spectator Are you ready for the chicken nugget revolution? NOSH Tofurky to Use Packaging to Advocate for Climate Change Action The Verge You probably shouldn't eat cicadas if you're allergic to shellfish 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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