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Tesco UK CEO steps down amid leadership team changes

Tesco UK CEO steps down amid leadership team changes

Tesco UK chief executive Matthew Barnes, who joined the supermarket in March last year after serving as Aldi’s UK and Ireland CEO, has stepped down after 15 months in the role.

Appointments
Kraft Heinz announces ‘ongoing evaluation’ of strategic transactions

Kraft Heinz announces ‘ongoing evaluation’ of strategic transactions

The Kraft Heinz Company has announced that its board of directors and executive leadership team are evaluating potential strategic transactions to unlock shareholder value.

Mergers & Acquisitions
Diageo announces $500m cost savings programme

Diageo announces $500m cost savings programme

Diageo has revealed plans to implement a $500m cost savings programme over three years, to enable reinvestment in future growth and ‘improved operating leverage’.

Beverage
Chobani acquires plant-based frozen smoothies and meals start-up Daily Harvest

Chobani acquires plant-based frozen smoothies and meals start-up Daily Harvest

Dairy giant Chobani has announced its acquisition of Daily Harvest, a plant-based start-up that delivers a range of frozen ready meals, smoothies, snacks and protein products.

Mergers & Acquisitions

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Novonesis unveils Vertera Velvet to ‘transform’ plant-based milk alternatives

Swizzels adds new sour and tropical HFSS-compliant products to Squashies portfolio

Report finds widespread arsenic contamination in rice sold across US

Tesco UK CEO steps down amid leadership team changes

Beyond Oil raises over CAD 10.6m to support global expansion

Bob’s Red Mill launches Cinnamon Swirl Coffee Cake Mix

Latest news

Opinion: Three ways bioscience innovations are future-proofing the food and beverage industry

Opinion: Three ways bioscience innovations are future-proofing the food and beverage industry

Clementina Dellomonaco, senior vice president of food biosciences at IFF, explores how cutting-edge enzyme and culture technologies are helping manufacturers overcome food system challenges.

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Biospringer | May 2025
Symrise | May 2025
Corbion | May 2025
BD | Apr New
Tasting tomorrow: Inside Umami Bioworks' UK cultivated seafood tasting

Tasting tomorrow: Inside Umami Bioworks' UK cultivated seafood tasting

Hosted at the Underground Cookery School in central London, Umami Bioworks' first UK tasting event offered a behind-the-scenes experience of what may well become the future of seafood.

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Updates and developments from FoodBev's partners from across the globe. View more >

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Swizzels adds new sour and tropical HFSS-compliant products to Squashies portfolio

Swizzels adds new sour and tropical HFSS-compliant products to Squashies portfolio

British confectionery producer Swizzels has launched two new HFSS-compliant products under its Squashies sweet brand: Squashies Tropical...

New product
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