Mondelez expands portfolio with Burton’s Biscuits license acquisition
DEERFIELD, Ill. — Mondelez International is acquiring a license that enables the company to manufacture, market and sell Cadbury-branded biscuits around the world.
The company announced Friday that it has signed an agreement to purchase the license from Burton's Biscuit Company.
"Ownership of the Cadbury biscuits license offers us exciting opportunities to accelerate global growth and innovation, as we expand our leading position in biscuits, globally and in Europe," said Hubert Weber, Executive Vice President and President, Mondelez Europe. "The transaction will help us to unify and expand our global Cadbury biscuits portfolio in key markets and enable us to explore delicious new products by using the best of our chocolate and biscuit innovation platforms."
Mondelez International and Burton's Biscuit Company have agreed that Cadbury-branded biscuits will continue to be manufactured in Burton's factories by their employees under a co-manufacturing agreement.
The companies agreed not to disclose financial terms of the transaction.
Lean Cuisine introduces entrees inspired by ethnic flavors
SOLON, Ohio — Lean Cuisine is introducing four new limited-time entrées inspired by international culinary trends and regional flavors.
The four entrées, Southwest-Style Potato Bake, Chicken Tikka Masala, Cheese & Fire-Roasted Chile Tamale and Thai-Style Ginger Beef, are crafted and designed by Lean Cuisine's culinary chefs who travel the country, from New York City to San Francisco, visiting top restaurants, hot spots and tastemakers for meal inspirations.
In addition to new flavors, the four entrées offer high-protein and gluten-free options and dishes made with organic ingredients. The new items boast the ingredients consumers are looking for in their retail store aisles.
"Lean Cuisine dishes pair nutritious foods and real ingredients with our chefs' culinary expertise so you can feel good about what you're eating. Like all our offerings, the recipes behind these new entrées were created with care; every ingredient has purpose, whether it's a distinct flavor or a key nutrient, like a good source of protein," said Julie Lehman, marketing director for Lean Cuisine. "The Lean Cuisine culinary team keeps a constant pulse on food culture, taking cues from the latest flavor profiles, and we noticed an increase in people's desire for bolder, spicier flavors. The new limited-time entrées gave our team of chefs a chance to explore new ideas and flavors while bringing creative, delicious foods to your home."
Lean Cuisine's four new options draw inspiration from international and regional flavors:
- Southwest-Style Potato Bake: Made with organic and non-GMO ingredients, red potatoes are blanketed in a spicy cheddar cheese sauce with poblano peppers.
- Chicken Tikka Masala: Perfect for those seeking a high-protein option, tender white meat chicken, sweet peas, carrots and rice are combined in a creamy tomato, Indian-style sauce.
- Cheese & Fire-Roasted Chile Tamale: The newest tamale in the Lean Cuisine collection is made with organic and non-GMO ingredients, and accented with a sweet and spicy chile sauce and cilantro lime rice.
- Thai-Style Ginger Beef: Tender prime rib beef, broccoli, yellow carrots and rice combine with a sweet and spicy Thai-style sauce – and it's gluten-free.
"Our recipes are carefully crafted to be nutritious, and often times ingredients are paired to make the most of each other. For example, our Thai-Style Ginger Beef brings together broccoli and yellow carrots with the right serving of beef, creating a balance of flavor and ingredients that offer a nutritional boost," said Rhonda Richardson, manager of nutrition, health and wellness for Lean Cuisine. "Our new dishes are simply frozen to maintain their freshness, and do not include artificial preservatives."
All four products have an MSRP of $2.99 and are currently available at retailers nationwide.
KIND becomes first snack brand to publish added sugar content
NEW YORK — KIND Healthy Snacks has published the added sugar content of the 60+ snacks across its portfolio, furthering its commitment to satisfy consumers' evolving dietary desires.
The announcement comes two years in advance of the deadline recently set by the U.S. Food and Drug Administration for food companies to break out the added sugar content in their products.
"Our approach at KIND is to provide consumers with straightforward information about what they're putting into their bodies, so for us, publishing the added sugar content in our snacks is a natural next step in our ongoing commitment to transparency," said Daniel Lubetzky, founder and CEO of KIND.
KIND shared the information on its newly launched web page, KIND Promises, which for the first time, publicly outlines the overarching health and nutrition principles that guide the company's innovation.
"Always using a nutrient-dense food like nuts, whole grains or fruit as our first ingredient and striving to make products that are low glycemic are among the standards that guide our product innovation," said Stephanie Perruzza, health and wellness specialist at KIND. "As we look to the future, we'll continue to stand by these principles when creating new snacks made with wholesome, recognizable ingredients."
Over the years, the company has taken significant steps to use as little sugar as possible in its snacks without compromising taste or adding artificial sweeteners or sugar alcohols. These include:
- Last year, KIND announced an effort to reduce the sugar in seven of its Fruit & Nut bars to contain between 14 and 56 percent less added sugar compared to prior recipes. The rollout of the new bars, which began earlier this year, will be completed next year.
- Once the reformulated bars become available, all KIND snacks will have approximately ½ to 2 ½ teaspoons of added sugar per serving. Put into context, the USDA recommends individuals limit their daily intake of added sugars to no more than 12 teaspoons per day.1
- Made with only fruit & chia or fruit & veggies, KIND's newly launched Pressed by KIND bars contain no added sugar and provide two full servings of fruit, equivalent to 1 cup per the USDA's Dietary Guidelines, which suggests an intake of 1 to 2 cups of fruit per day.
- With 5g of sugar or less, all of the bars in KIND's best-selling Nuts & Spices line contain 50 to 60 percent less total sugar compared to the average nutrition bar.