The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
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Kraft Heinz halts split, commits $600m to brand and commercial reset
Kraft Heinz has paused work on its previously announced separation and will instead deploy $600 million in incremental investment across marketing, sales and R&D.
Heineken to cut up to 6,000 jobs as beer volumes slide in Europe and US
Heineken will cut roughly 7% of its global workforce as Europe’s second-largest brewer moves to protect margins amid continued weakness in beer demand.
DWTC and Informa launch inD Events to consolidate Middle East B2B exhibitions
Dubai World Trade Centre (DWTC) and Informa have formalised their strategic joint venture by establishing inD Events FZE
Coca-Cola to retain full ownership of Costa Coffee
Coca-Cola has confirmed it will retain full ownership of Costa Coffee, following months of speculation over a potential divestment of the UK-based café chain.
US-Argentina trade deal opens new dairy export opportunities
US dairy exporters are poised to gain greater access to Argentina following the recent signing of a reciprocal trade and investment agreement.
Smithfield to close Massachusetts dry sausage plant, lay off 190 workers
Smithfield Foods, the US pork and packaged meats giant, will close its dry sausage facility in Springfield, Massachusetts, in August 2026
Bel North America names Peter McGuinness CEO amid expansion push
The appointment follows news last week that McGuinness would step down from Impossible Foods after four years as chief executive officer.
US court clears Fresh Del Monte’s $285m bid for Del Monte Foods assets
Fresh Del Monte Produce has received approval from the US Bankruptcy Court to acquire select assets of California-based Del Monte Foods Corporation.
JBS expands Middle East footprint with $150m Oman joint venture
JBS is expanding its manufacturing base in the Middle East with a $150m joint venture in Oman, aiming to strengthen its capability in the Middle East.
Yili Group appoints Alex Turnbull as CEO of five New Zealand companies
Yili Group has appointed Alex Turnbull as CEO to lead its five New Zealand companies: Westland Milk Products, Oceania Dairy, Canary, EasiYo and Pure Nutrition.
DSM-Firmenich to sell animal nutrition unit to CVC for €2.2bn, sharpens focus on food, health and beauty
DSM-Firmenich has agreed to sell its Animal Nutrition & Health business to private equity firm CVC Capital Partners for an enterprise value of around €2.2bn.
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