Food Business News - October 1, 2019 - 17

DYMATIZE, POWERBAR AND PREMIER PROTEIN

Post's active nutrition business to be
named BellRing Brands following i.p.o.

ST. LOUIS - Post Holdings, Inc.'s active nutrition business will be named BellRing
Brands, Inc. following completion of
the previously announced initial public
offering (i.p.o.) of approximately 20% of
its ownership.
BellRing has publicly filed a
registration statement on Form S-1
with the U.S. Securities and Exchange
Commission related to the proposed
i.p.o. of its Class A common stock. The
number of shares to be offered and the
price range for the offering have not
been determined. The i.p.o. is expected
to be completed in the fall of 2019 and
is subject to market and other conditions. BellRing has applied for its Class
A common stock to be listed on the New
York Stock Exchange under the symbol
"BRBR."
BellRing Brands will be a holding
company operating in the global active
nutrition category. Products include
ready-to-drink protein and other beverages, protein powders, nutrition bars and
other nutritional supplements under the
Premier Protein, Dymatize and PowerBar
brands distributed in club, food, drug,
mass, e-commerce, convenience and specialty retailers. Darcy Horn Davenport
has been named president and chief executive officer of BellRing Brands, which
will be headquartered in St. Louis.
Net sales of the business reached
$827.5 million in fiscal 2018, up from

October 1, 2019

$574.7 million in fiscal 2016, representing a compound annual growth rate of
20%, according to the company. Net
income of $96.1 million in fiscal 2018
compared with $19.9 million in 2016.
"We have benefited from the consumer trends driving the rapid growth
in the convenient nutrition category,"
the company said in its prospectus.
"Mainstream consumers are increasingly focused on consuming healthier
food and beverage alternatives, and
specifically on increasing protein in
their diets. Consumers also are eating
more frequently throughout the day.
These category tailwinds support our
convenient, protein-enriched food and
beverage products that can be consumed
on-the-go as nutritious snacks or meal
replacements."
BellRing Brands plans to expand its
presence in international markets and
pursue value-accretive acquisitions in
convenient nutrition and more broadly

in the food and beverage industry, according to the filing.
Retail channel expansion and product
innovation also are strategic priorities.
"E-commerce remains a large opportunity for us across all of our brands," the
company said. "Our net sales have grown
52% annually in this channel from fiscal
2016 to fiscal 2018. We already have established a dedicated team to drive sales
and deepen our customer relationships
in this channel. In the long term, we also
believe the food service and dollar channels are attractive markets where our
brands are positioned for success.
"Innovating to deliver delicious
tasting products with quality nutrition is
a key growth driver of our brands. We are
an insights-driven organization, and our
innovation pipeline is guided by meeting
unmet or underserved consumer needs.
We employ a dual path innovation strategy with line extensions combined with
category disrupting innovation." FBN

S O U R C E * B L E N D *Food
I NBusiness
N O VA
TE
News

17

B.C. Williams Bakery Service | BCW Food Products | 800.527.4104



Food Business News - October 1, 2019

Table of Contents for the Digital Edition of Food Business News - October 1, 2019

Food Business News - October 1, 2019
Market Insight - U.S. Production of red meat and poultry again record high
Contents
From the Editor - Millennials, Gen Z see value in corporate social responsibility
Conagra Brands sees progress in Pinnacle Foods transformation
Nestle and Kellogg among companies launching biodiversity initiative
PepsiCo accelerates plastic waste reduction efforts
Beyond Meat names former Tesla executive as new chief operating officer
McDonald’s testing plant-based burger with Beyond Meat in Canada
New name, new focus for Grocery Manufacturers Association
Tyson Foods expands Georgia poultry plant
Arby’s parent to acquire Jimmy John’s sandwich chain
Keurig Dr Pepper to invest nearly $220 million in new facility
Post’s active nutrition business to be named BellRing Brands following i.p.o.
Fresh ideas from Expo East
A ‘bold’ new venture for Stacy’s Pita Chips founder
Kellogg unveils Leaf Jerky at Expo East
F.D.A. calls meeting to discuss ‘new era of smarter food safety’
Market Insight - U.S. production of red meat and poultry again record high
Ingredient Innovations - Going with the grains for fiber claims
Ingredient Trends - Adding value with extracts
Beverage Business News - Formulating better-for-you attributes into beverages
New Food Insider
In the Spotlight - U.S.-Japan agreement levels playing field for U.S. producers
Ingredient Markets
Supplier Innovations and News
Classifieds
Ad Index
Food Business in the News
Food Business News - October 1, 2019 - Market Insight - U.S. Production of red meat and poultry again record high
Food Business News - October 1, 2019 - Market Insight - U.S. Production of red meat and poultry again record high
Food Business News - October 1, 2019 - 2
Food Business News - October 1, 2019 - 3
Food Business News - October 1, 2019 - Contents
Food Business News - October 1, 2019 - 5
Food Business News - October 1, 2019 - 6
Food Business News - October 1, 2019 - From the Editor - Millennials, Gen Z see value in corporate social responsibility
Food Business News - October 1, 2019 - Conagra Brands sees progress in Pinnacle Foods transformation
Food Business News - October 1, 2019 - Nestle and Kellogg among companies launching biodiversity initiative
Food Business News - October 1, 2019 - Beyond Meat names former Tesla executive as new chief operating officer
Food Business News - October 1, 2019 - 11
Food Business News - October 1, 2019 - Tyson Foods expands Georgia poultry plant
Food Business News - October 1, 2019 - 13
Food Business News - October 1, 2019 - Arby’s parent to acquire Jimmy John’s sandwich chain
Food Business News - October 1, 2019 - 15
Food Business News - October 1, 2019 - Keurig Dr Pepper to invest nearly $220 million in new facility
Food Business News - October 1, 2019 - Post’s active nutrition business to be named BellRing Brands following i.p.o.
Food Business News - October 1, 2019 - Fresh ideas from Expo East
Food Business News - October 1, 2019 - 19
Food Business News - October 1, 2019 - 20
Food Business News - October 1, 2019 - 21
Food Business News - October 1, 2019 - A ‘bold’ new venture for Stacy’s Pita Chips founder
Food Business News - October 1, 2019 - 23
Food Business News - October 1, 2019 - Kellogg unveils Leaf Jerky at Expo East
Food Business News - October 1, 2019 - 25
Food Business News - October 1, 2019 - F.D.A. calls meeting to discuss ‘new era of smarter food safety’
Food Business News - October 1, 2019 - 27
Food Business News - October 1, 2019 - Market Insight - U.S. production of red meat and poultry again record high
Food Business News - October 1, 2019 - 29
Food Business News - October 1, 2019 - Ingredient Innovations - Going with the grains for fiber claims
Food Business News - October 1, 2019 - 31
Food Business News - October 1, 2019 - 32
Food Business News - October 1, 2019 - 33
Food Business News - October 1, 2019 - Ingredient Trends - Adding value with extracts
Food Business News - October 1, 2019 - 35
Food Business News - October 1, 2019 - Beverage Business News - Formulating better-for-you attributes into beverages
Food Business News - October 1, 2019 - 37
Food Business News - October 1, 2019 - 38
Food Business News - October 1, 2019 - 39
Food Business News - October 1, 2019 - 40
Food Business News - October 1, 2019 - 41
Food Business News - October 1, 2019 - New Food Insider
Food Business News - October 1, 2019 - 43
Food Business News - October 1, 2019 - 44
Food Business News - October 1, 2019 - In the Spotlight - U.S.-Japan agreement levels playing field for U.S. producers
Food Business News - October 1, 2019 - Ingredient Markets
Food Business News - October 1, 2019 - 47
Food Business News - October 1, 2019 - 48
Food Business News - October 1, 2019 - 49
Food Business News - October 1, 2019 - 50
Food Business News - October 1, 2019 - 51
Food Business News - October 1, 2019 - 52
Food Business News - October 1, 2019 - 53
Food Business News - October 1, 2019 - 54
Food Business News - October 1, 2019 - 55
Food Business News - October 1, 2019 - Supplier Innovations and News
Food Business News - October 1, 2019 - 57
Food Business News - October 1, 2019 - Classifieds
Food Business News - October 1, 2019 - 59
Food Business News - October 1, 2019 - 60
Food Business News - October 1, 2019 - Ad Index
Food Business News - October 1, 2019 - Food Business in the News
Food Business News - October 1, 2019 - 63
Food Business News - October 1, 2019 - 64
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