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Rabobank's latest Global Dairy Top 20 report signals major changes ahead
The dairy industry is on the brink of transformative changes, according to Rabobank's latest Global Dairy Top 20 report. FoodBev's Siân Yates examines.
Ben & Jerry’s founders push for independence as Magnum Ice Cream Company emerges
In an open letter addressed to the Magnum Ice Cream Company board, Cohen and Greenfield expressed deep concerns that the brand’s founding values are being compromised under Unilever’s stewardship.
Unifor demands transparency from Diageo amid Crown Royal bottling plant closure
Unifor, Canada’s largest private-sector union, is calling for clarity from UK-based spirits giant Diageo regarding the future of its Crown Royal whisky production.
Natra acquires Bredabest to strengthen position in sweet spreads market
Natra, a producer of private label and co-manufactured chocolate products, has acquired Bredabest, a Dutch supplier of peanut butter and peanut-based ingredients.
Capol acquires Blue Pacific Flavors to enhance global ingredients innovation
Capol, a subsidiary of the Freudenberg Group and a manufacturer of confectionery coatings, has announced its acquisition of Blue Pacific Flavors, a player in natural and organic flavour systems.
Unilever to assess top 200 leaders in significant performance push
Unilever’s CEO, Fernando Fernandez, has revealed that the company has initiated an assessment of its top 200 leaders amid efforts to boost performance and tackle ‘mediocrity’ in the workplace.
Craft brewer 21st Amendment announces closure as market challenges intensify
21st Amendment Brewery, a well-known name in the San Francisco craft beer scene, has announced plans to shut down its taproom and brewing facility in San Leandro.
NoPalm Ingredients and Nizo launch demo factory for sustainable yeast oil production
Biotech company NoPalm Ingredients has partnered with Nizo Food Research to establish the first demonstration factory dedicated to the production of sustainable yeast oils.
DSM-Firmenich reaches 100% renewable electricity target
DSM-Firmenich has announced that it has met its goal of sourcing 100% of its purchased electricity from renewable sources, achieving this milestone ahead of its 2025 timeline.
Jungbunzlauer expands US manufacturing footprint with acquisition of IFF site
Jungbunzlauer, a producer of sustainable ingredients, has purchased a multipurpose production facility in Thomson, Illinois, from IFF.
Elliott Management takes $4bn stake in PepsiCo, urges strategic overhaul
In a bold move signalling potential upheaval within PepsiCo, Elliott Management has disclosed a substantial $4 billion investment in the beverage and snack giant.
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