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





KDP’s $18bn JDE Peet’s bid signals new phase of consolidation in global coffee
Keurig Dr Pepper’s $18 billion bid for JDE Peet’s signals rapid coffee consolidation as record bean prices and supply shocks squeeze margins.
Jan 15


Coca-Cola abandons Costa Coffee sale - Financial Times reports
According to reports, Coca-Cola has halted its plans to sell Costa Coffee, the UK-based coffee chain that it acquired for $5.1 billion back in 2018.
Jan 14


Cottage cheese brand Good Culture secures investment from L Catterton
L Catterton has announced the acquisition of Good Culture, a rapidly growing cottage cheese brand, in a deal valued at more than $500 million.
Jan 13


The Compleat Food Group completes Greencore sauces and soups acquisition; appoints new UK managing director
The Compleat Food Group has completed the acquisition of Greencore’s sauces and soups business in Bristol, UK, following approval from the Competition and Markets Authority.
Jan 13


Kenya High Court allows regulatory steps to continue in Diageo-Asahi EABL deal
Kenya’s High Court has allowed regulatory reviews to proceed for Diageo’s $2.3 billion sale of its majority stake in East African Breweries Limited (EABL) to Asahi Group Holdings.
Jan 12


AB InBev to reacquire stake in US metal container operations for $3bn
The transaction is valued at approximately $3 billion and is expected to enhance AB InBev's operational control over its packaging facilities, which are critical to its supply chain.
Jan 9


Unilever to sell Indonesian tea business for $89m
Unilever Indonesia has agreed to divest its tea business in Indonesia, including the SariWangi brand, to Savoria Kreasi Rasa, a subsidiary of Djarum Group.
Jan 8


CMA fast-tracks AB Foods' Hovis acquisition to Phase 2 investigation
By bypassing the Phase 1 investigation, the CMA aims to expedite the process, benefiting both ABF and Hovis as they seek regulatory clearance for the acquisition.
Jan 8


Cizzle Brands acquires Flow Water in $60.63m deal
Canadian sports nutrition company Cizzle Brands has acquired 100% of Flow Water from RI Flow Sub in a transaction valued at approximately $83.75 million, subject to customary post-closing adjustments.
Jan 7


Kenyan distributor asks High Court to halt Diageo’s $2.3bn EABL sale to Asahi – Reuters
Kenyan beer distributor Bia Tosha has filed a case at Kenya’s High Court, asking that Diageo’s $2.3 billion East African Breweries (EABL) sale to Asahi is blocked.
Jan 7


McCormick & Company completes acquisition of majority stake in McCormick de Mexico
This acquisition, finalised for a purchase price of $750 million, enhances McCormick's foothold in the burgeoning Mexican market.
Jan 5


Sacmi buys majority stake in Groupe Emballage Technologies to expand food packaging capabilities
SACMI has acquired a majority stake in the French-based Groupe Emballage Technologies, strengthening its position in the food packaging sector and expanding its footprint in key European markets.
Jan 5
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