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





Aldi invests £750m in British apple grower
Supermarket chain Aldi has signed a new £750m deal with AC Goatham & Son, a family-owned fruit farm based in Kent, UK.
May 30, 2024


Coca-Cola to invest up to $175m in Kenya in next five years
The Coca-Cola system in Kenya, comprised of The Coca‑Cola Company and its authorised bottler Coca‑Cola Beverages Africa, has announced a new $175m investment.
May 29, 2024


Mondelēz International to invest $5m in Singapore innovation hub
Mondelēz has announced the launch of its Regional Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore.
May 29, 2024


Valio invests over €60m in Finnish cheese plant
Valio is investing over €60m to upgrade its Finnish cheese production plant, which includes expanding existing facilities and replacing outdated equipment.
May 29, 2024


High Liner Foods invests $10m in Andfjord Salmon Group
High Liner Foods Incorporated has announced a $10 million investment in Andfjord Salmon Group, a sustainable salmon aquaculture company based in Norway.
May 24, 2024


Danone invests €70m in medical nutrition capabilities
Danone has announced a €70m investment in its first French production line for medical nutrition.
May 23, 2024


PeakBridge Growth Fund II closes at $187m
Peakbridge Growth Fund II has announced its official closure valued at $187m, pushing its total assets under management to over $250m.
May 21, 2024


Bridor invests €200m in US bakery manufacturing plant
Le Duff’s bakery subsidiary Bridor has invested €200m in a new production site near Salt Lake City, in Utah, US.
May 21, 2024


Pepper raises $30m to advance food distribution technology
Pepper, an e-commerce platform for food distributors, has closed a $30m Series B funding round led by ICONIQ Growth.
May 20, 2024


Gallo enters beer category with new strategic investment
Gallo has entered the beer category through a strategic investment with the founders of Montucky Cold Snacks.
May 16, 2024


ByHeart raises $95m to support commercial launch in the US
Infant nutrition firm ByHeart has secured $95m in financing to support its continued US commercial launch and innovation pipeline.
May 16, 2024


Relocalize raises CAD 5.8m in funding to scale-up micro-factory platform
Canadian clean-tech start-up Relocalize has closed a CAD 5.8m (approx. $4.26m) seed funding round to expand its autonomous micro-factory platform.
May 16, 2024
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