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The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

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Business
PepsiCo to take full ownership of Sabra and Obela for ILS 900m

PepsiCo to take full ownership of Sabra and Obela for ILS 900m

PepsiCo has agreed to acquire the remaining 50% interest in Sabra Dipping Company and PepsiCo-Strauss Fresh Dips & Spreads International.

Business
Vow launches cultured quail ‘foie gras,' becomes first company to sell multiple cultured meat products in various markets

Vow launches cultured quail ‘foie gras,' becomes first company to sell multiple cultured meat products in various markets

Vow launches cultured quail ‘foie gras,' becomes first company to sell multiple cultured meat products in various markets.

Business
FrieslandCampina consolidates production network in the Netherlands, impacting 186 jobs

FrieslandCampina consolidates production network in the Netherlands, impacting 186 jobs

FrieslandCampina has revealed plans to optimise its production network in the Netherlands, resulting in the loss of 186 jobs.

Dairy
Unilever reduces anticipated European job cuts, moves some staff to new ice cream unit

Unilever reduces anticipated European job cuts, moves some staff to new ice cream unit

Unilever will cut around 1,500 fewer jobs in Europe than previously anticipated, Reuters has reported.

Business
Kraft Heinz faces lawsuit over mac and cheese labelling

Kraft Heinz faces lawsuit over mac and cheese labelling

Kraft Heinz is facing a lawsuit over the use of ‘no artificial preservatives’ labelling on its Kraft Macaroni & Cheese product.

Food
Fonterra proceeds with divestment of consumer businesses to focus on ingredients

Fonterra proceeds with divestment of consumer businesses to focus on ingredients

Fonterra will move forward with the sale of its global consumer business, alongside its integrated operations in Oceania and Sri Lanka.

Dairy
EU campaign promotes authentic food and beverage products in the UK

EU campaign promotes authentic food and beverage products in the UK

The European Union’s ‘More Than Only Food and Drink’ campaign aims to increase awareness of European food and beverage products in the UK.

Marketing
Campbell Soup offloads yogurt brand Noosa to Lakeview Farms

Campbell Soup offloads yogurt brand Noosa to Lakeview Farms

Lakeview Farms has entered into an agreement to acquire the Noosa Yoghurt brand from Campbell Soup Company.

Dairy
Hershey buys Sour Strips, expands sweets portfolio

Hershey buys Sour Strips, expands sweets portfolio

The Hershey Company has acquired Sour Strips, a fast-growing sour candy brand founded in the US in 2019.

Confectionery
Diageo unveils Diageo Luxury Group to elevate global spirits portfolio

Diageo unveils Diageo Luxury Group to elevate global spirits portfolio

Diageo has formed the Diageo Luxury Group, a new division that will unite its high-end spirits and brand experiences under one umbrella.

Alcohol
KP Snacks adds UK’s Whole Earth Foods to portfolio

KP Snacks adds UK’s Whole Earth Foods to portfolio

Intersnack Group’s KP Snacks has reached an agreement to acquire Whole Earth Foods from the Ecotone group.

Mergers & Acquisitions
Molson Coors expands beverage portfolio with majority stake in Zoa Energy

Molson Coors expands beverage portfolio with majority stake in Zoa Energy

Molson Coors Beverage Company says it will acquire a majority stake in Zoa Energy, a brand founded by Dwayne 'The Rock' Johnson and others.

Mergers & Acquisitions
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