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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
Flagship Food Group acquires guacamole producer Yucatan Foods

Flagship Food Group acquires guacamole producer Yucatan Foods

Flagship Food Group has announced the acquisition of guacamole and dip manufacturer Yucatan Foods, for an undisclosed amount.

Business
Beverage brand Roar Organic closes $6m capital raise

Beverage brand Roar Organic closes $6m capital raise

Roar Organic, a line of hydrating beverages that contain a blend of vitamins, antioxidants and electrolytes, has raised $6m in funding.

Beverage
Europe Snacks acquires Plymouth crisp maker Burts Snacks

Europe Snacks acquires Plymouth crisp maker Burts Snacks

French savoury food company, Europe Snacks, has acquired Burts Snacks in a bid to accelerate its growth in Europe’s snacking market.

Business
The Ugly Company secures $9m in Series A funding round

The Ugly Company secures $9m in Series A funding round

The Ugly Company, a US-based producer of upcycled dried fruit snacks, has raised $9 million in a recent Series A funding round.

Business
Carlsberg posts 16.9% revenue growth for 2022, plans to buy out partner in India

Carlsberg posts 16.9% revenue growth for 2022, plans to buy out partner in India

Danish brewer Carlsberg has reported revenue growth of 16.9% in its full-year results and said that its revenue per litre of beer sold grew 9% in 2022.

Beverage
Plukon acquires 51% stake in JA ter Maten Holding

Plukon acquires 51% stake in JA ter Maten Holding

Dutch poultry company Plukon has acquired 51% of the shares of JA ter Maten, further strengthening its position in Europe's poultry processing market.

Business
Ferrero acquires Italian bakery company Fresystem

Ferrero acquires Italian bakery company Fresystem

The Ferrero Group has announced that it is acquiring Italian frozen bakery company, Fresystem, for an undisclosed amount.

Business
Bacardi acquires majority interest in D'Ussé Cognac following legal battle

Bacardi acquires majority interest in D'Ussé Cognac following legal battle

Bacardi and American rapper Jay-Z have jointly announced a long-term agreement that renews their partnership with premium cognac brand, D'Ussé.

Beverage
Tyson takes hit from decline in beef prices and pork sales volumes

Tyson takes hit from decline in beef prices and pork sales volumes

Despite revenue growth of 2.5%, Tyson Foods was negatively affected by an 8.5% decline in beef prices, while its sales volumes for pork fell by 7.4%.

Business
Danone inaugurates research and innovation centre, launches new yogurt product

Danone inaugurates research and innovation centre, launches new yogurt product

Danone has opened its new Daniel Carasso research and innovation centre for the advancement of nutrition on the Paris-Saclay university campus in France.

Nutrition
Brook + Whittle to acquire LLT labels

Brook + Whittle to acquire LLT labels

US labelling solutions provider, Brook + Whittle, has announced its agreement to purchase Ohio-based LLT Labels for an undisclosed sum.

Business
Plenty granted $20m to build vertical farming research centre

Plenty granted $20m to build vertical farming research centre

Plenty Unlimited has announced plans to build a vertical farming research centre in Laramie, Wyoming, backed by a $20m grant.

Business
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