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

Kraft Heinz has reported a 0.9% net sales decline in its second quarter to $6.6 billion, reflecting the impact of divestitures and currency.

Yili Group subsidiary Westland Milk has opened its upgraded butter plant in New Zealand, making it the "largest" butter facility on the west coast.

Azkoyen has acquired Spanish coffee machine company, Ascaso, for €17m, accelerating its leadership position in the OCS, HoReCa and vending segments.

The Coca-Cola Company has reported a 12% rise in second-quarter net revenue to $11.3bn, after its results were boosted by price hikes.

General Mills is adding to its Cinnamon Toast Crunch portfolio with the release of its new CinnaFuego Toast Crunch cereal.

Mondelēz International has posted a 9.5% increase in second-quarter sales and raised its full-year outlook for organic net revenue growth.

Kingsland Drinks Group has partnered with Manchester Still to install a new fermentation and distillation facility adjacent to its site in Irlam, Salford.

Nestlé has announced the opening of a $340m Nescafé coffee facility in Veracruz, Mexico, creating 1,200 new jobs in the region.

Canadian superfood latte company, Blume, has secured CAD 2m (approx. $1.6m) in an oversubscribed capital raise, as it looks to further expand in the US.

Unilever has recorded underlying sales growth of 8.8% in its Q2 results, amid "the challenges of high inflation and slower global growth".

Italian dairy group Granarolo has announced the acquisition of a 60% stake in mozzarella maker Industria Latticini G. Cuomo.

Emmi Group has agreed to sell its 25% stake in Italian cheese manufacturer Ambrosi to Lactalis Group for an undisclosed amount.