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

Kauno Grūdai, a subsidiary of Linas Agro Group, has announced plans to invest €32m in expanding its instant foods plant in Lithuania.

Kind has added a new flavour to its portfolio, which features a blend of peanuts, almonds and cashews with a hint of caramel.

Rich Products has announced that it is investing over $100m in the expansion of its manufacturing facility in Brownsville, Texas.

Costa Coffee has appointed Philippe Schaillee as its next CEO, effective 10 April 2023, succeeding Jill McDonald, who left the company in July 2022.

Mexican tequila producer Casa Maestri has acquired 100% blue agave tequila brand, Bellagave Infused Tequila, for an undisclosed sum.

Mars Chocolate Drinks and Treats has announced two new coffee mocha lattes under its Mars and Galaxy brands, each containing 99 calories per 250ml bottle.

Kraft Heinz has reported a 10% increase in fourth-quarter net sales to $7.38bn, rounding off an “incredible year” for the company.

78 featured start-ups trailblazing their way in the field of food-tech will present ground-breaking solutions at Future Food-Tech San Francisco.

The Advertising Standard Authority (ASA) has banned meal replacement brand Huel’s Facebook advertising for being “misleading”.

Heineken has purchased €1bn worth of its shares from the Mexican Coca-Cola bottler, Fomento Economico Mexicano SAB (FEMSA).

US-based ingredients company Elo Life Systems has closed a $24.5 million financing round led by AccelR8, Novo Holdings and DCVC Bio.

IFF has announced plans to sell its Flavor Specialty Ingredients (FSI) business to UK-based private equity firm, Exponent, for $220m in cash proceeds.