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Ripple Foods secures $17m to support product expansion and appoints new CEO
Ripple Foods has raised $17 million in new funding as it prepares to expand its plant-based milk portfolio and grow its retail and foodservice presence.
FrieslandCampina expands protein portfolio with Wisconsin Whey Protein acquisition
Royal FrieslandCampina has announced its intention to acquire Wisconsin Whey Protein, a well-regarded producer of whey protein isolates based in the US.
Nestlé reportedly considering sale of Blue Bottle Coffee
Nestlé is reportedly exploring the sale of its premium coffee chain, Blue Bottle Coffee, as part of a broader review initiated by new CEO Philipp Navratil.
Unilever sells Graze to Candy Kittens' parent company Katjes International
Unilever has announced the sale of its healthier snacking brand, Graze, to Katjes International, the parent company of the popular candy brand Candy Kittens.
Imlek CEO partners with AJFH to acquire Serbian dairy business
Imlek’s CEO Bojan Radun is partnering with entrepreneur Andrej Jovanović’s family office, AJFH, to acquire Imlek, Serbia’s market-leading dairy producer, from private equity investor MidEuropa.
Trubar to be acquired by Turkish food group ETİ Gıda in $142m deal
Candian plant-based snack company Trubar has entered into an agreement to be acquired by Turkish CPG company ETİ Gıda Sanayi ve Ticaret, for approximately CAD 201 million (approx. $142 million).
Keurig Dr Pepper appoints former Campbell Soup CFO Anthony DiSilvestro as chief financial officer
Keurig Dr Pepper has announced the appointment of Anthony DiSilvestro as its new chief financial officer, effective immediately.
UK sugar tax extended to include milkshakes and RTD lattes
The UK government has announced an extension of the soft drinks industry levy to include high-sugar milk-based drinks.
Magnum Ice Cream Company invests £50m into factory in Gloucester
The Magnum Ice Cream Company has announced a £50 million investment into its manufacturing site in Gloucester, the UK’s largest ice cream factory.
Unilever reportedly considering sale of Marmite, Colman’s and Bovril – Reuters
Unilever is reportedly considering the sale of British brands Marmite, Colman’s and Bovril, amid ongoing efforts to streamline its portfolio.
Danone sells Swedish probiotic juice brand ProViva to Lactalis
The sale, which also includes the acquisition of the Österlenmejeriet factory located in Lunnarp, marks a key moment for both companies as they realign their strategies.
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