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The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry





Voyage Foods raises $52m for allergen-free foods
San Francisco, Bay Area-based start-up Voyage Foods has closed a funding round totalling $52m, bringing its total funding raised to $94m.
May 10, 2024


Ferrero invests $75m, opens its first chocolate factory in North America
Ferrero North America has opened its first chocolate processing facility in North America, marking its third globally.
May 8, 2024


ADM reports revenue drop in Q1 2024
ADM has reported quarterly revenue of $21.85bn for the period ending 31 March 2024, a 9% decrease from the same quarter last year.
May 3, 2024


Hain Celestial streamlines operations and trims portfolio to bolster financial health
The Hain Celestial Group has unveiled a series of strategic measures aimed at advancing the 'Focus' pillar of its Hain Reimagined business strategy.
May 3, 2024


Mondelēz International beats Q1 sales and profit estimates
Mondelēz has reported a 1.4% increase in first-quarter net revenue to $9.29bn, compared to an 18.1% increase in the year-ago quarter.
May 2, 2024


Lidl invests £500m to bolster British pork sector
Supermarket giant Lidl GB has announced plans to invest £500m into the British pork sector to bolster the nation's pork industry.
Apr 29, 2024


Coca-Cola enters $1.1bn strategic partnership with Microsoft
Microsoft and The Coca-Cola Company have entered a five-year strategic partnership to align Coca-Cola's core technology strategy systemwide.
Apr 25, 2024


Opinion: It’s time to order – embedded finance solutions for the F&B industry
The European F&B industry is poised for significant growth. However, companies must focus on strengthening their business ecosystems and...
Apr 25, 2024


ADM’s CFO Luthar to resign as US government investigation looms – Reuters
ADM has announced that its chief financial officer Virkam Luthar will resign from his role, effective from 30 September 2024.
Apr 23, 2024


Mission Foods plans to invest MXN 792m to build new snack production facility
Mission Foods Mexico plans to invest MXN 792m (approx. $46.3m) to build a new snack production plant and expand its existing corn and wheat tortilla facility in Puebla, Mexico.
Apr 23, 2024


TDR Capital to buy Zuber Issa’s 22.5% Asda stake – Bloomberg
Private equity firm TDR Capital is closing on a deal to buy billionaire Zuber Issa’s stake in UK supermarket giant Asda, according to reports by Bloomberg.
Apr 22, 2024


IW Capital injects further £3m into Daily Dose
IW Capital has announced a further £3m investment into Daily Dose, a UK-based cold-pressed juice and functional drinks company.
Apr 16, 2024
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