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

US fresh food technology provider, Afresh, has raised $115m in a Series B funding round led by venture capital business, Spark Capital.

Tyson is investing $180 million to expand its Caseyville, Illinois, plant by 170,000 square feet. The expansion will also create more than 250 new jobs.

Louis Dreyfus Company Agricultural Industries has announced the opening of its new soy liquid lecithin facility in Claypool, Indiana, US.

Bel Group has acquired a 70% stake in Chinese cheese producer, Shandong Junjun Cheese Co, as it aims to accelerate its growth in China.

Nestlé has posted organic sales growth of 8.1% for the first half of 2022, after its results were boosted by higher prices.

Firmenich has announced the opening of its Taste & Beyond pilot plant in Anaheim, California, which aims to help customers prepare for scaled-up production.

PepsiCo has entered into an agreement to purchase a minority stake in Romanian spring water company, Aqua Carpatica, for an undisclosed sum.

Heineken has posted revenue growth of 37% in its half-year results and said it "grew ahead of the industry in more than half of our markets".

US bakery business Klosterman Baking Company has been acquired by an affiliate of private equity investment firm, New Water Capital.

PepsiCo has announced a $550m investment in Celsius Holdings to become the long-term US distributor of the brand's energy drinks.

Diageo has recorded a 21.4% increase in its full-year revenue, driven by strong organic net sales growth across all regions.

Canpack will invest approximately BRL 710m (approx. $140m) to build a new aluminium beverage can facility in Poços de Caldas, Minas Gerais, Brazil.