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The Cultured Hub expands into plant cell culturing capabilities
The Cultured Hub, a scale-up facility established through a joint venture between Bühler, Migros and Givaudan, has expanded its services with the addition of plant cell culturing capabilities.
Nexture acquires Sipral Padana to enhance portfolio of value-added ingredients
Nexture has acquired Sipral Padana, an Italian company specialising in value-added semi-finished ingredients.
Savencia Fromage & Dairy expands Brazilian presence with acquisition of Quatá Alimentos
Savencia has signed a purchase agreement to acquire Quatá Alimentos, a well-established cheese and dairy products manufacturer in Brazil.
AB InBev to shut two US factories and sell another to consolidate operations
Anheuser-Busch InBev has confirmed plans to close two US breweries and offload another, stating that the decision means it can ‘invest more in remaining operations.’ The company is shutting facilities in Fairfield, California and Merrimack, New Hampshire, while its brewery in Newark, New Jersey, will be sold to a property business, Goodman Group. A spokesperson for AB InBev said: “Over the last five years we have taken steps to update and modernise our US manufacturing operations, investing...
CMA proposes to accept remedies amid Vandemoortele-Délifrance merger investigation
The UK's Competition and Markets Authority is proposing to accept remedies following its investigation into Vandemoortele’s deal to buy Délifrance.
UK-South Korea trade deal set to boost exports of Guinness and Scottish Salmon
The UK’s newly finalised free trade agreement with South Korea is expected to deliver a significant uplift for British food and beverage exporters by safeguarding tariff-free access and simplifying trade conditions.
AeroFarms says it will continue operations following closure announcement
US vertical farming company AeroFarms said it has secured funding to continue operations, following the announcement of its closure last week.
Ben & Jerry’s board pushes back against Magnum’s removal of chair and directors
Ben & Jerry’s independent board is pushing back against parent group The Magnum Ice Cream Company’s removal of several of its directors, including chair Anuradha Mittal, as part of a new term limit announced last week.
Pernod Ricard sells US Mumm Napa sparkling wine business to Trinchero
Pernod Ricard has signed an agreement to sell its Mumm Napa sparkling wine activities in the US to California-based wine and spirits company Trinchero.
AeroFarms to cease operations and terminate 173 jobs following investment withdrawal
US-based vertical farming company AeroFarms has revealed it will be ceasing operations and closing its site in Virginia, resulting in a termination of the company’s 173-strong workforce.
Diageo to sell EABL shareholding to Asahi in $2.3bn deal
Diageo has agreed to sell its 65% shareholding in East African Breweries (EABL) to Asahi Group for $2.3 billion.
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