The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Business
Global Brands acquires three alcohol brands from Molson Coors
Independent drinks company Global Brands has announced the acquisition of three alcohol brands from Molson Coors Beverage Company.
Hershey sued over 'unsafe' heavy metals found in chocolate - Reuters
Hershey has been sued by a consumer who alleges the company has sold chocolate containing harmful levels of lead and cadmium, according to Reuters.
Liberation Labs closes $20m in seed financing
Liberation Labs has closed a $20m funding round to purchase and develop a site to build its first commercial-scale precision-fermentation facility.
Top 10 funding and investment stories featured on FoodBev in 2022
While the pandemic caused disruptions in the F&B industry, 2021 still saw significant mergers & acquisitions. Below are the top ten M&A stories from FoodBev
Top 10 mergers and acquisitions featured on FoodBev in 2022
The F&B industry saw a significant amount of mergers and acquisitions this year, with companies seeking to expand their businesses internationally.
Middleby Corporation buys Marco Beverage Systems
Middleby Corporation has announced the acquisition of Marco Beverage Systems, a beverage dispensing solutions manufacturer, for an undisclosed sum.
Pernod Ricard France acquires majority stake in cocktail brand Cockorico
Pernod Ricard France has acquired a majority stake in Cockorico, a French brand specialising in premium ready-to-serve cocktails.
Orkla acquires confectionery company Bubs Godis
Orkla Confectionery & Snacks has agreed to purchase 100% of Swedish confectionery company Bubs Godis for an undisclosed amount.
Gunze launches “eco-friendly” heat-shrinkable film
Japanese plastic film manufacturer, Gunze, has announced plans to launch GEOPLAS HCT3, a heat-shrinkable film with recycled resin, in January 2023.
IFF to sell Savory Solutions Group to private equity firm for $900m
IFF has entered an agreement to sell its Savory Solutions Group to PAI Partners for around $900m and intends to use the cash to pay down outstanding debt.
Abbott to exit infant formula market in China
Abbott Laboratories is withdrawing from the Chinese infant formula market by 2023 to focus on its "growing adult nutrition business".
- Page 150









