The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
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Modern Baker secures £2.5m Series A funding to shake up ultra-processed foods
Modern Baker, an innovative UK-based start-up focused on redefining ultra-processed foods (UPFs), has successfully raised £2.5 million in Series A funding led by impact investor network Adjuvo.
Oatly reviews China business amid ongoing evaluation of Asian operations network
Swedish oat milk company Oatly has revealed it is conducting a strategic review of its Greater China business amid a broader evaluation of its operations in Asia.
Nestlé initiates review of vitamins business amid steady financial performance
Nestlé has announced a strategic review of its vitamins, minerals and supplements segment, which may lead to the divestment of several underperforming brands, including Nature’s Bounty.
Müller announces £45m investment to enhance Skelmersdale dairy operations
Müller UK & Ireland has confirmed a £45 million investment aimed at bolstering its Skelmersdale, West Lancashire, dairy facility, following the acquisition of Yew Tree Dairy in October 2024.
Generous Brands to acquire Health-Ade Kombucha for $500m
Generous Brands, a prominent player in the premium refrigerated beverage sector, has announced its acquisition of Health-Ade Kombucha for approximately $500 million, according to sources familiar with the deal.
Lactalis Canada to exit plant-based beverage category with closure of Sudbury facility
Lactalis Canada has announced it will be shutting down its plant-based manufacturing facility in Sudbury, Ontario, marking the company’s full exit from the plant-based beverage category.
Kraft Heinz considers spinoff of sluggish brands in bid to enhance shareholder value
In a strategic pivot that could reshape its brand portfolio, Kraft Heinz is reportedly exploring the possibility of spinning off several of its slower-growing brands, including Velveeta and Oscar Mayer, as part of an effort to reverse the fortunes of its underperforming grocery division.
PepsiCo accelerates productivity initiatives amid integration efforts in North America
PepsiCo says it is intensifying its productivity initiatives as the company seeks to enhance operational efficiencies and integrate its North American operations.
The next natural step? Liquid Death moves into energy drinks
Liquid Death, the edgy beverage brand renowned for its bold, metal-inspired marketing and canned water, is poised to make an entry into the energy drink market.
Voodoo Scientific awarded patent for 'world's first' method to eliminate harshness in spirits
Voodoo Scientific been awarded a US patent for a novel method that allows distillers to eliminate harshness from spirits, a significant development for the beverage alcohol industry.
Diageo seeks new CEO as Debra Crew steps down
Diageo has today confirmed that its CEO, Debra Crew, has stepped down with immediate effect.
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