Collaborations with Snickers, Twix and Milky Way have helped Keurig Dr Pepper find a winning strategy for flavored coffee: combining its expertise in coffee with imaginative flavors and the brand equity of some of America's best-loved indulgent brands.
General Mills has led a funding round that poured $12 million into Boulder,CO-based functional food firm NextFoods and its GoodBelly brand via its venture investing arm 301 Inc.
Leading packaging materials and machinery supplier MWV claims its open innovation portal will generate new ideas related to sustainability, materials science and substrate development for food and drink packaging.