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

This acquisition, finalised for a purchase price of $750 million, enhances McCormick's foothold in the burgeoning Mexican market.

Saudi Arabia is cautiously easing its alcohol ban, a limited shift prompting global food, beverage and hospitality groups to reassess the kingdom’s consumer market.

NewPrinces, the parent group of food and beverage group Princes, has acquired 100% of the corporate capital of Italian baby food specialist Plasmon from The Kraft Heinz Company for €124.3 million.

The Cultured Hub, a scale-up facility established through a joint venture between Bühler, Migros and Givaudan, has expanded its services with the addition of plant cell culturing capabilities.

Nexture has acquired Sipral Padana, an Italian company specialising in value-added semi-finished ingredients.

Savencia has signed a purchase agreement to acquire Quatá Alimentos, a well-established cheese and dairy products manufacturer in Brazil.

Anheuser-Busch InBev has confirmed plans to close two US breweries and offload another, stating that the decision means it can ‘invest more in remaining operations.’ The company is shutting facilities in Fairfield, California and Merrimack, New Hampshire, while its brewery in Newark, New Jersey, will be sold to a property business, Goodman Group. A spokesperson for AB InBev said: “Over the last five years we have taken steps to update and modernise our US manufacturing operations, investing...

The UK's Competition and Markets Authority is proposing to accept remedies following its investigation into Vandemoortele’s deal to buy Délifrance.

The UK’s newly finalised free trade agreement with South Korea is expected to deliver a significant uplift for British food and beverage exporters by safeguarding tariff-free access and simplifying trade conditions.

US vertical farming company AeroFarms said it has secured funding to continue operations, following the announcement of its closure last week.

Ben & Jerry’s independent board is pushing back against parent group The Magnum Ice Cream Company’s removal of several of its directors, including chair Anuradha Mittal, as part of a new term limit announced last week.

Pernod Ricard has signed an agreement to sell its Mumm Napa sparkling wine activities in the US to California-based wine and spirits company Trinchero.