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

General Mills has approved a multi-year global transformation initiative aimed at boosting productivity through enhanced business processes and targeted organisational changes.

Food-tech company Beyond Oil has raised CAD 10.64 million (approx. $7.67 million) through a brokered private placement to accelerate its global growth plans and support product distribution.

PepsiCo plans to more than double its investment in a snack production plant in Kazakhstan’s Almaty Region, positioning it as the largest facility of its kind in Central Asia and marking the company’s first greenfield project in the region.

DSM-Firmenich has opened a new US baking innovation facility in Princeton, New Jersey, as part of a broader €700m investment to advance its global R&D capabilities.

VMG Partners, a growth equity firm specialising in consumer brands, has successfully closed its latest fund, VMG Consumer VI, at a hard cap of $1 billion.

Food giant Kraft Heinz has confirmed it plans to invest $3bn into modernising its 30 manufacturing sites across the US.

Anheuser-Busch has unveiled a $300 million investment aimed at enhancing its manufacturing operations across the US.

Suntory Beverage & Food GB&I (SBF GB&I), the maker of Lucozade, has invested £6.3 million in redesigning its Lucozade Energy bottles, cutting plastic use and improving recyclability.

Olam Food Ingredients (OFI) has inaugurated a new soluble coffee facility in Linhares, Espírito Santo, marking a notable expansion in its manufacturing capabilities.

Farmley, a up-and-coming player in the healthy snacking space, has successfully completed a $42 million Series C funding round led by L Catterton.

Plant-based meat producer Beyond Meat has secured a $100 million financing facility from Unprocessed Foods, an affiliate of the Ahimsa...

JDE Peet’s has sold its tea business in Turkey to Efor Holding for an undisclosed sum. The business generated approximately €60 million...