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

Diageo has announced the acquisition of American single malt whisky producer Balcones Distilling for an undisclosed amount.

Russia has agreed to rejoin a UN-backed initiative to allow grain shipments from Ukraine following its suspension on Saturday.

Mondelēz International has reported an 8.1% rise in its third-quarter net revenue, reflecting organic sales growth of 12.1% and the impact of acquisitions.

Perrigo has announced a $170m investment to “expand and strengthen” its US infant formula manufacturing capabilities and bolster industry capacity.

Molson Coors Beverage Company has posted a decrease in third-quarter earnings despite higher sales, as it faces increased costs.

California-based agribusiness, Limoneira, has closed the $20m sale of its Oxnard packing facility to Ventura County Railway Company.

Pasta maker Barilla has announced that Claudio Colzani will be stepping down as chief executive officer to pursue other opportunities.

Trigo has raised $100m in an equity financing round led by Temasek and 83North, as it aims to scale the deployment of autonomous urban supermarkets.

Campari Group has announced plans to acquire an initial 70% stake in Wilderness Trail Distillery, before purchasing the remaining 30% in 2031.

Bobbie has announced the launch of a new research and development hub that is dedicated to enhancing infant nutrition, called Bobbie Labs.

Unilever has posted underlying sales growth of 10.6% for its third quarter, driven by price hikes which had "only a limited impact on volume".

Bega Cheese has announced that Paul van Heerwaarden has decided to step down after nearly six years as CEO, with Pete Findlay set to succeed him.