Unilever to Acquire Tazo from Starbucks

Unilever p.l.c. says it will buy the Tazo brand from Starbucks, a key brand in the burgeoning specialty tea category in a deal worth $384 million. Under the asset purchase agreement, Unilever will acquire the Tazo brand and all related intellectual property, signature recipes and inventory. Starbucks purchased Tazo in 1999 for $8.1 million.

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Kraft Heinz Co. Ramps Up Clean-Label Luncheon Meats

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Yoplait’s Oui Yogurt is a A Nod to Tradition

General Mills invites Americans to slow down and savor Oui by Yoplait, a new thick, creamy offering inspired by a traditional French recipe, which until now was only available in France. Sold in a French-made 5-oz. glass pot, this unique yogurt is made with simple ingredients, such as whole milk, pure cane sugar and real pieces of fruit. It contains no artificial preservatives, no artificial flavors and no colors from artificial sources. It’s an artisanal yogurt made by pouring ingredients into individual glass pots that set after eight hours, creating a unique texture. It is designed to be spoon cut slowly, not stirred, in order to preserve its thick, subtly sweet, fresh taste.

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Hostess Brands President/CEO Bill Toler to Retire

Add another CEO departure to the growing list of those leaving major food companies. Hostess Brands, Kansas City, Mo., maker of Twinkies and Ding Dongs, announced Oct. 12 that Bill Toler plans to retire as president and CEO, effective March 1, 2018, or sooner if a replacement is appointed. Toler will remain on the company’s board of directors.

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