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

US-based snack company, Second Nature Brands, has completed the acquisition of Brownie Brittle from Encore Consumer Capital.

PepsiCo is cutting hundreds of roles at the headquarters of its North American snacks and beverages divisions, according to The Wall Street Journal.

London-based Caribbean rum brand, Duppy Share, has completed a fundraising round of £2m as it looks to expand in the UK and internationally.

Italian cheese company Gennaro Auricchio has announced the acquisition of 100% of the share capital of 3BLatte Caseificio (3B Latte).

PepsiCo has announced a new global packaging goal intended to increase beverage servings delivered through reusable models from 10% to 20% by 2030.

Australian agricultural investment manager, Warakirri, has announced the acquisition of two large-scale vineyards for the Warakirri Farmland Fund.

Doehler Ventures has made an investment in Clean Food Group, a food tech business that has developed a sustainable, “bioequivalent alternative” to palm oil.

The JM Smucker Co is planning to construct an R&D facility on its Orrville campus that will support the growth of the Uncrustables brand.

California Dairies, a dairy farmer-owned cooperative, has agreed to acquire DairyAmerica for an undisclosed sum, effective 1 January 2023.

AG Barr has announced the acquisition of energy drink maker Boost from the company’s founder Simon Gray and his wife Alison.

Diageo India has announced an “industry-first water stewardship initiative” in partnership with renewable water technology company, Source Global.

Fullers Foods International, a frozen food business with a turnover of around £400m, has been sold for an undisclosed sum.