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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
Tilray purchases Montauk Brewing Company

Tilray purchases Montauk Brewing Company

Tilray Brands has announced the acquisition of New York craft brewer, Montauk Brewing Company, for an undisclosed amount.

Business
Agroberries to invest €40m to support expansion into Morocco

Agroberries to invest €40m to support expansion into Morocco

Chilean berries producer, Agroberries, has announced an around €40m investment as it expands its farming operations into Morocco.

Mergers & Acquisitions
Umami Meats collaborates with Waters on cultivated seafood research

Umami Meats collaborates with Waters on cultivated seafood research

Umami Meats has announced a research partnership with Waters Corporation, as it looks to develop an efficient process for producing cultivated seafood.

Business
ADM opens microbiology lab in North America

ADM opens microbiology lab in North America

ADM has announced the opening of its new North American microbiology laboratory at its speciality manufacturing facility in Decatur, Illinois.

Ingredients
Butlers Farmhouse Cheeses acquires Parlick

Butlers Farmhouse Cheeses acquires Parlick

Butlers Farmhouse Cheeses has announced the acquisition of the Parlick brand from Singletons, which ceased trading in September.

Mergers & Acquisitions
PepsiCo appoints CD Glin as president of PepsiCo Foundation

PepsiCo appoints CD Glin as president of PepsiCo Foundation

Glin will oversee the Foundation's commitment to a sustainable food system, backed three pillars: food security, safe water access and economic opportunity.

Beverage
Pure Prairie Farms to receive $6.9m grant

Pure Prairie Farms to receive $6.9m grant

Government officials have announced that Pure Prairie Farms will receive a $6.9m grant as part of USDA and MPPEP programmes.

Food
Absolut introduces hydrogen-fired glass furnace

Absolut introduces hydrogen-fired glass furnace

Absolut Vodka has announced it will move to a partly hydrogen energy-fired glass furnace for large-scale production in 2023.

Packaging
Aurora Capital Partners acquires Universal Pure Holdings

Aurora Capital Partners acquires Universal Pure Holdings

Aurora Capital Partners has acquired Universal Pure Holdings, a provider of high-pressure processing (HPP) and related food safety and technical services.

Food
Kellogg raises outlook after "better-than-expected" results

Kellogg raises outlook after "better-than-expected" results

Kellogg Company has raised its full-year outlook, after posting a 9% increase in reported net revenue for its third quarter.

Food
Standing Ovation receives €1.83m in financing

Standing Ovation receives €1.83m in financing

Standing Ovation has received €1.84m in financing from French public investment bank, Bpifrance, to support its Ferment2From project.

Mergers & Acquisitions
PepsiCo invests $40m to expand snacks business in Ethiopia

PepsiCo invests $40m to expand snacks business in Ethiopia

PepsiCo says it is finalising an investment proposal of approximately $40 million to expand its Senselet snacks business in Ethiopia.

Food
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