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Nestlé and Platinum Equity announce launch of $5.6bn joint venture, Peranel
Nestlé and Platinum Equity have announced the launch of Peranel, a 50/50 joint venture for Nestlé’s waters and premium beverages business.
CMA opens review of proposed merger between McCormick and Unilever
The UK Competition and Markets Authority (CMA) has opened an initial review into McCormick and Company’s proposed acquisition of Unilever’s food business.
Rize raises $31m in Series B funding to scale sustainable rice farming
Rize, an agri-tech start-up based in Singapore, has raised $31 million in Series B funding to scale its AI-led sustainable rice farming technology across Southeast Asia.
JM Smucker appoints former Hershey executive as senior VP of operations and supply chain
The JM Smucker Co has appointed Douglas Guilherme as senior vice president of operations and supply chain, effective 29 July.
CPI joins €6.3m project to develop AI-powered alternatives for climate-vulnerable ingredients
CPI has joined a €6.3 million Horizon Europe project investigating how engineering biology and AI could help create more sustainable supply chains.
SuanNutra acquires IFF's speciality natural ingredients businesses
SuanNutra, a Carbyne Equity Partners company, has agreed to acquire a portfolio of natural ingredients businesses from IFF.
Synergy Machinery and Sidel India appoint new managing director to drive sustainable growth
Synergy Machinery and Sidel India have appointed Ashish Deshpande as managing director.
Agropur to sell fine cheese business to Lactalis as part of strategic refocus
Canadian dairy cooperative Agropur has agreed to sell its fine cheese business to Lactalis.
Coca-Cola's Fairlife halts US production following ransomware incident
The Coca-Cola Company has confirmed that production at its Fairlife dairy business in the US has been temporarily suspended.
Ben & Jerry’s Foundation may suspend operations amid Magnum Ice Cream Company dispute
The Ben & Jerry’s Foundation has announced that it will suspend operations at the end of this year unless it wins a favourable court ruling, after The Magnum Ice Cream Company allegedly evicted the charity from its offices and cut its funding.
FrieslandCampina to restructure business groups and leadership team
Royal FrieslandCampina has announced plans to reorganise its business structure from January 2027.
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