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

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Private Label
Business
Chr. Hansen, Novozymes merger approved, Kerry to acquire lactase enzyme business

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.

Dairy
Italy’s Newlat in talks to buy UK food group Princes – Reuters

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.

Beverage
Velo unveils protein coffee

Velo unveils protein coffee

Velo Coffee Roasters has unveiled Velo Coffee + Protein, a ready-to-brew coffee that contains 12g of protein per serving.

Nutrition
Benestar Brands and Palmex to merge

Benestar Brands and Palmex to merge

US private equity firm Highlander Partners has announced the merger of its portfolio company, Benestar Brands, with Palmex.

Business
COP28: The UN’s net zero food plan 

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.

Business
SipMargs raises $2m in funding

SipMargs raises $2m in funding

US canned margarita company SipMargs has raised $2m in funding led by venture capital firm Lab Capital Advisors.

Beverage
UAE's first brewery to open in Abu Dhabi

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.

Beverage
Spore.Bio secures €8m funding for bacteria detection device

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

Business
Kent Corporation announces purchase of  Frosty Boy Global

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.

Beverage
FrieslandCampina to cut 1,800 jobs by 2025

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.

Dairy
Meiji to build new JPY 48bn dairy plant

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.

Beverage
Nice introduces lower ABV ‘session wine’

Nice introduces lower ABV ‘session wine’

Nice, a UK-based wine start-up, is introducing its first lower ABV Session Wine, available online and to the on-trade in 75cl bottles.

Beverage
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