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Industry News
Danone and Lifeway Foods are back in acquisition talks, with significant changes to Lifeway's ownership or governance at stake. After two rejected bids last year, Lifeway reached out to Danone to restart negotiations, leading to a nondisclosure agreement until Sept. 15. If no deal is reached, Danone may support a plan to replace Lifeway's board.
The FAST NY grant program is distributing over $51 million to five sites across New York, to attract large employers and boost high-tech manufacturing. The largest portion, $32.36 million, is directed to Oneida County to support Chobani's upcoming facility in Rome, N.Y., and to prepare an additional 160 acres for future development.
Monster Beverage CEO Hilton Schlosberg and former co-CEO Rodney Sacks, through Hilrod Holdings, have acquired Thrifty Ice Cream from Rite Aid for $19.2 million. The executives plan to revitalize the brand by expanding retail presence and introducing new flavors while maintaining its nostalgic appeal.
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The Market
Sweetgreen has launched a new installment of its "Faces of the Farm" campaign, highlighting its partnership with California-based goat cheese maker Drake Family Farms. The farm supplies cheese for two featured seasonal dishes and is showcased both in a Times Square billboard and through a personal appearance by farmer Dan Drake, including a baby goat-holding event later this month. The partnership illustrates Sweetgreen's ongoing efforts to support and promote its local suppliers.
Pizza Hut has introduced Crafted Flatzz, a line of personal-size pizzas, in 20 countries, starting with the US. The pizzas, which feature hand-stretched crusts and are tailored to adult palates, are priced at $5 each until 5 p.m. in the US. The American offerings include Nashville Hot Chicken, Chicken Bacon Ranch, The Ultimate, Three Cheese and Pepperoni Duo.
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Featured Content
Conquer the food supplement and nutrition market.
If you're a dairy producer wanting to expand your offerings, the food supplement and nutrition space is an option. Entering this fast-growing market may be as simple as an update to your equipment. With a few additions, you could improve the productivity and profitability of your current equipment. Learn More.
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Health and Nutrition
Individuals who added Greek yogurt to their daily diet reported significant health improvements, including weight loss, increased energy and better digestion. Suzanne Andrews and Joy Grout experienced weight reduction and sustained energy levels and satiety, respectively, while Jeremy Gurewitz noted enhanced gut health. Registered dietitian nutritionist Mary Sabat emphasizes Greek yogurt's role in supporting muscle growth and reducing belly fat due to its protein and probiotic content. "Look for unsweetened versions with live cultures," Sabat says.
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