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

Flavour manufacturer Natara Global has reached an agreement to acquire Treatt, a provider of natural extracts and ingredients, in an all-cash deal.

Diageo has announced the sale of its well-known coffee-cream liqueur brand, Sheridan’s, to Casa Redondo, a prominent Portuguese beverage-alcohol company.

The Magnum Ice Cream Company (TMICC) is set to become the only global pure-play publicly listed entity in the ice cream sector, as it prepares for its demerger from Unilever.

In an open letter addressed to the Magnum Ice Cream Company board, Cohen and Greenfield expressed deep concerns that the brand’s founding values are being compromised under Unilever’s stewardship.

Natra, a producer of private label and co-manufactured chocolate products, has acquired Bredabest, a Dutch supplier of peanut butter and peanut-based ingredients.

Capol, a subsidiary of the Freudenberg Group and a manufacturer of confectionery coatings, has announced its acquisition of Blue Pacific Flavors, a player in natural and organic flavour systems.

Jungbunzlauer, a producer of sustainable ingredients, has purchased a multipurpose production facility in Thomson, Illinois, from IFF.

Post Holdings has entered into an agreement to sell the pasta business of its 8th Avenue Food & Provisions subsidiary to food group Richardson.

Celsius Holdings has deepened its partnership with PepsiCo in a deal that will see the functional energy drink maker take on a wider portfolio and a more prominent strategic role in the US market.

Case Farms has completed the acquisition of Foster Farms’ Farmerville, Louisiana complex, marking a strategic expansion of its poultry operations.

Investindustrial has agreed to acquire Kiremko, Idaho Steel Products and Reyco, recognised as key players in the manufacture of customised equipment for the food processing industry.

The Coca-Cola Company is reportedly exploring the sale of Costa Coffee, the British coffee chain it acquired in 2018 for over $5 billion.