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

Danone has announced that it will invest up to $65m over the next two years to expand its Jacksonville, Florida, facility.

American billionaire Bill Gates has purchased 10.8 million shares in Heineken Holding worth €883m at current market prices, according to Reuters.

Entertainment Arts Research, a diversified beverage and media group, has completed the acquisition of tequila producer Perfectomundo.

Sainsbury’s will remove traditional plastic tray packaging across its entire beef mince range and replace it with a vacuum-packed alternative.

Huhtamaki has taken full ownership of Huhtamaki Tailored Packaging (HTP), its foodservice packaging distribution and wholesale JV in Australia.

Promoted: Ingredia's milk proteins enable manufacturers to develop fresh dairy products for consumers, without compromising on taste and indulgence.

CarbonCloud, a SaaS climate intelligence platform for the food industry, has secured €7.5m as it eyes further market expansion.

Danone has reported like-for-like (LFL) sales growth of 7.8% in its full-year results, due to “consistent progress and solid delivery” in 2022.

Tyson Foods has agreed to acquire Tennessee, US-based pork processor, Williams Sausage Company, for an undisclosed amount.

Fonterra has announced that its current chief operating officer, Fraser Whineray, will step down from the position, effective 31 July.

Saudi Arabian dairy company Almarai has purchased the remaining 48% stake in International Dairy and Juice from PepsiCo for SAR 255m (approx. $68m).

Hindustan Unilever Limited (HUL) has signed an agreement for the sale of its atta (flour) and salt business for INR 60.4 crores (approx. $7.3m).