The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
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Chr. Hansen, Novozymes merger approved, Kerry to acquire lactase enzyme business
Chr. Hansen and Novozymes merger approved by EU, with new name revealed as Novonesis, and Kerry to acquire lactase enzyme business.
Italy’s Newlat in talks to buy UK food group Princes – Reuters
Italy-based food manufacturer Newlat has revealed it is in “very advanced” talks to buy British food and beverage supplier Princes, in a report by Reuters.
Velo unveils protein coffee
Velo Coffee Roasters has unveiled Velo Coffee + Protein, a ready-to-brew coffee that contains 12g of protein per serving.
Benestar Brands and Palmex to merge
US private equity firm Highlander Partners has announced the merger of its portfolio company, Benestar Brands, with Palmex.
COP28: The UN’s net zero food plan
COP28’s Food, Agriculture and Water Day saw major announcements on climate action for both water and food security and decarbonisation.
SipMargs raises $2m in funding
US canned margarita company SipMargs has raised $2m in funding led by venture capital firm Lab Capital Advisors.
UAE's first brewery to open in Abu Dhabi
A beer brewery is set to open in Abu Dhabi, United Arab Emirates, this month, making it the first company to legally produce alcohol in the region.
Spore.Bio secures €8m funding for bacteria detection device
Spore.Bio has received funding for a device that can detect bacteria in consumer products, using AI to reduce sampling times from days to only minutes
Kent Corporation announces purchase of Frosty Boy Global
US manufacturer of food, beverage and agriculture products, Kent Corporation, has announced the acquisition of Frosty Boy Global.
FrieslandCampina to cut 1,800 jobs by 2025
FrieslandCampina plans to cut 1,800 jobs worldwide over the next two years, with approximately 1,200 positions slated for reduction in 2024.
Meiji to build new JPY 48bn dairy plant
Japanese food group Meiji is investing JPY 48 billion in the construction of a new dairy production facility in Nakashibetsu, Hokkaido, Japan.
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