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Rolling out at retailers nationwide this year, Vitalite is a new brand of plant-based, vegan-certified, dairy-free cheese from Saputo Dairy USA. Vitalite is available in six varieties: Plant-Based Mozzarella Style Slices, Plant-Based Mozzarella Style Shreds, Plant-Based Cheddar Style Slices, Plant-Based Cheddar Style Shreds, Plant-Based Grated Parmesan Style, and Plant-Based Creamy Original Spread.
Mars CEO Grant Reid is retiring after more than eight years in that role for the company, and 34 years in the industry. Poul Weihrauch, global president at Mars Petcare, will succeed Reid as CEO, effective at the end of September.
Mondelēz announced an agreement to acquire Clif Bar, a leading U.S. maker of energy bars with organic ingredients, for $2.9 billion with additional contingent earnout consideration.
Ontario-based Nuts For Cheese, maker of dairy-free, plant-based, artisanal cheeses, has announced a $5.35 million round of funding led by Forage Capital Partners along with CPG veterans Mike Fata and Dror Balshine.