The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Business
FrieslandCampina invests €10m in Lummen cooling upgrade
FrieslandCampina has commissioned a new ice-water installation at its production site in Lummen as part of a €10 million investment aimed at improving sustainability, energy efficiency and workplace safety.
Husky Technologies promotes Robert Domodossola to CEO
Packaging and injection moulding technology provider, Husky Technologies, has appointed long-time executive Robert Domodossola as president and chief executive officer, effective immediately.
Morinaga expands into US frozen dessert market with My/Mochi deal
Japan-based confectionery manufacturer Morinaga & Co has entered into a definitive agreement to acquire My/Mochi Ice Cream, one of the largest mochi brands in the US.
Tilray completes BrewDog Australia acquisition
Tilray Brands has completed its acquisition of BrewDog’s Australia business, following its purchase of the brewer’s UK and Ireland platform last week.
ABF appoints Joana Edwards as group chief financial officer
Associated British Foods (ABF) has appointed Joana Edwards as group chief financial officer with immediate effect.
Beyond Meat receives delisting warning as share prices fall
Beyond Meat has received a letter from Nasdaq, warning that the company now faces a delisting risk after its stocks fell below the minimum $1 per share price for 30 consecutive business days.
Oatly invests $16m in Swedish production plant to expand capacity
Oatly has announced a multi-year investment to expand production capacity at its Landskrona facility in Sweden, as demand for plant-based drinks continues to grow across Europe.
Ferrero announces new leadership structure
Ferrero has announced a new governance structure, including the creation of two new roles reporting to Ferrero International president, Giovanni Ferrero.
Grupo Alacant signs deal to acquire Ireland’s Silver Pail
Spanish ice cream manufacturer Grupo Alacant has entered into a definitive agreement to acquire Silver Pail, one of Ireland’s largest ice cream producers.
Warburg Pincus backs Global Eggs with up to $1bn investment
Private equity firm Warburg Pincus has agreed to invest up to $1 billion in Global Eggs, valuing the multinational table egg producer at $8 billion.
US group Tilray Brands acquires BrewDog in £33m deal
Tilray Brands has acquired certain assets of BrewDog’s global platform, including the brand and related IP, UK brewing operations and 11 brewpubs in the UK and Ireland, for £33 million.
- Page 2