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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
Hindustan Unilever enters health and wellbeing category with two investments

Hindustan Unilever enters health and wellbeing category with two investments

Hindustan Unilever is set to enter the health and wellbeing category by investing in two companies in this area – OZiva and Wellbeing Nutrition.

Business
Kellogg’s launches salted caramel flavour cereal

Kellogg’s launches salted caramel flavour cereal

Kellogg’s has expanded its Crunchy Nut offering for the first time, with the introduction of Salted Caramel Flavour Twist.

Food
Chr. Hansen and Novozymes announce merger

Chr. Hansen and Novozymes announce merger

Danish enzyme producers Chr. Hansen and Novozymes have entered into an agreement to merge, with the aim of creating a global leader in biosolutions.

Food
Cantaloupe purchases Three Square Market for $41m

Cantaloupe purchases Three Square Market for $41m

Cantaloupe has completed the acquisition of micro market solutions provider, Three Square Market, for $41m, comprised of 90% cash and 10% stock.

Business
Unilever considers $3bn sale of ice cream brands – <i>Bloomberg News</i>

Unilever considers $3bn sale of ice cream brands – <i>Bloomberg News</i>

Unilever is considering selling a portion of its US ice cream portfolio that could be valued at as much as $3bn, according to Bloomberg News.

Business
Pernod Ricard to build $250m carbon neutral distillery in Kentucky

Pernod Ricard to build $250m carbon neutral distillery in Kentucky

Pernod plans to invest around $250m to build a carbon neutral distillery with ageing warehouses in Marion County, Kentucky, for Jefferson's Bourbon.

Business
Sartori Cheese appoints Bert Sartori as CEO

Sartori Cheese appoints Bert Sartori as CEO

Sartori Cheese has appointed Bert Sartori as its new CEO, succeeding his father Jim, who served as chief executive for nearly 30 years.

Appointments
KDP and Nutrabolt announce strategic partnership

KDP and Nutrabolt announce strategic partnership

Keurig Dr Pepper and Nutrabolt have announced a strategic partnership, including an agreement for a long-term sales and distribution arrangement.

Business
GoodLeaf completes CAD 150m financing round for vertical farm expansion

GoodLeaf completes CAD 150m financing round for vertical farm expansion

GoodLeaf Farms has closed a CAD 150m (approx. $109.8m) financing round to support the expansion of its vertical farms across Canada.

Food
Believer Meats breaks ground on US cultivated meat production facility

Believer Meats breaks ground on US cultivated meat production facility

Believer Meats, formerly known as Future Meat Technologies, has begun construction of a 200,000-square-foot production facility.

Food
Ferrero to acquire US ice cream manufacturer Wells

Ferrero to acquire US ice cream manufacturer Wells

Ferrero has announced an agreement to acquire Blue Bunny and Bomb Pop ice cream maker, Wells Enterprises, for an undisclosed amount.

Food
Higher prices boost Campbell in Q1 fiscal 2023

Higher prices boost Campbell in Q1 fiscal 2023

Campbell Soup has recorded a 15% increase in first-quarter net sales to $2.58bn, with pricing actions helping to counter the impact of volume declines.

Business
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