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

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

Associated British Foods (ABF) has confirmed it is in discussions with private equity firm Endless LLP regarding a potential merger that could bring Kingsmill and Hovis, under the same ownership.

Restaurant-to-door delivery company Deliveroo has agreed a £2.9 billion takeover by US rival DoorDash.

Lactalis has agreed to acquire Portuguese cheese manufacturer Queijos Tavares from Crest Capital Partners.

Private equity firm Apex Capital has acquired a majority stake in Juanita’s Foods, a producer of authentic Mexican food products in the US.

IPL and Schoeller Allibert have announced a landmark merger to form a global leader in reusable plastic packaging, with combined pro forma annual revenue of more than $1.4 billion in 2024.

Butterfly Equity’s Actus Nutrition, a vertically-integrated nutritional ingredients manufacturer, has finalised an agreement to purchase a 99,000-square-foot processing facility from Foremost Farms USA.

Pernod Ricard has finalised the sale of its strategic international wine portfolio to Australian Wine Holdco Limited (AWL), the parent company of Accolade Wines.

UK fresh food producer, Bakkavor, has agreed to sell its Chinese business to Lihe Xing (Qingdao) Food Technology Company in a £50m deal.

Pluri has completed the acquisition of a 71% stake in Kokomodo, an agri-food-tech company specialising in the production of cultivated cocoa.

Baldor Specialty Foods has announced that it has acquired meat company Golden Packing to enhance its meat offerings.

Global agriculture group Bunge has announced that it has entered into definitive agreements to sell its North America dry corn and corn masa milling businesses to Grain Craft.