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Ferrero Group, parent company of Blue Bunny, Halo Top and more ice cream brands, acquired Bold Snacks, a Brazilian premium protein snack company. Founded in 2018, Bold Snacks has seen strong growth from the outset, driven by its digital strategy and innovative portfolio of protein bars, and has recently expanded into whey powders. As part of the transaction, Ferrero will take over Bold Snack's office and factory in Divinópolis, Minas Gerais, with approximately 300 employees expected to join Ferrero Brazil.
Cindy Cooper, assistant director of Health and Wellness at The Dairy Alliance, discusses the Milk Dispenser Initiative and highlights how milk dispensers enhance the milk experience, increase consumption, and help schools meet USDA nutrition requirements. She also relays how serving milk through dispensers supports the overall nutritional goals for students.
Founders Row announced an investment in Yough, a startup offering frozen pizza with a protein-rich crust made from Greek yogurt. The investment coincides with Yough's nationwide debut in Target stores. The launch places Yough in just under 2,000 Target stores nationwide, marking a significant retail debut for a new frozen pizza brand. Frozen pizza is a nearly $7 billion category in the United States, yet much of the aisle remains dominated by legacy formulations.