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

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Business
The Cultured Hub expands into plant cell culturing capabilities

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.

Food
Nexture acquires Sipral Padana to enhance portfolio of value-added ingredients

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.

Ingredients
Savencia Fromage & Dairy expands Brazilian presence with acquisition of Quatá Alimentos

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.

Dairy
AB InBev to shut two US factories and sell another to consolidate operations

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...

Alcohol
CMA proposes to accept remedies amid Vandemoortele-Délifrance merger investigation

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.

Food
UK-South Korea trade deal set to boost exports of Guinness and Scottish Salmon

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.

Food
AeroFarms says it will continue operations following closure announcement

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.

Agriculture
Ben & Jerry’s board pushes back against Magnum’s removal of chair and directors

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.

Dairy
Pernod Ricard sells US Mumm Napa sparkling wine business to Trinchero

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.

Beverage
AeroFarms to cease operations and terminate 173 jobs following investment withdrawal

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.

Agriculture
Diageo to sell EABL shareholding to Asahi in $2.3bn deal

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.

Beverage
Coca-Cola’s proposed Costa Coffee sale faces uncertainty as talks with TDR Capital falter – FT

Coca-Cola’s proposed Costa Coffee sale faces uncertainty as talks with TDR Capital falter – FT

Coca-Cola’s plans to sell Costa Coffee are at risk of being abandoned, according to the Financial Times, as negotiations with private equity firm TDR Capital encounter difficulties over valuation.

Business
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