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Orkla Food Ingredients acquires majority stake in Denali Ingredients
Orkla Food Ingredients has entered into an agreement to buy 84% of the shares in US ice cream ingredients business, Denali Ingredients.
Brown-Forman to purchase Diplomático Rum brand
Brown-Forman has entered into an agreement to purchase the Diplomático Rum brand and related assets from Destillers United Group.
Westland Milk acquires dairy manufacturer Canary Foods
New Zealand-based Westland Milk has announced the acquisition of fellow dairy business, Canary Foods, a butter and cheese supplier.
Asahi acquires Australian adult soft drinks brand StrangeLove
Asahi Beverages has announced the acquisition of Australia-based adult soft drinks brand, StrangeLove, for an undisclosed sum.
Hilmar Cheese breaks ground on $600m Kansas facility
Hilmar Cheese Company has announced it has broken ground on a $600m cheese and whey protein processing plant in Dodge City, Kansas.
Utz Brands names Howard Friedman as next CEO
Utz Brands has named Howard Friedman as its next CEO, succeeding Dylan Lissette who will become executive chairman of the board.
Epigamia raises INR 350m in debt funding
Indian yogurt brand Epigamia has raised debt funding of INR 350m (approx. $4.3m) from Grand Anicut Fund.
Robot-powered mobile pizza restaurant secures $16.5m in funding
Stellar Pizza, a mobile pizza restaurant powered by robots, has secured $16.5m in a funding round led by venture capital firm, Marcy Venture Partners.
HKScan CEO Tero Hemmilä steps down
HKScan Corporation has announced that its chief executive officer, Tero Hemmilä, will step down from his position, effective immediately.
Bottled water brand Path secures $30m in Series A funding
Path, a US-based sustainable bottled water brand, has raised $30 million in a Series A funding round led by Altos Ventures.
Lamipak to invest over $400m in site expansion
Lamipak is investing over $400 million to expand its facility in Kunshan, China to help the company meet growing demand for aseptic packaging.
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