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Pernod Ricard to sell Minttu and Nordic local brands to Hartwall
Pernod Ricard to sell Minttu and Nordic local brands to Hartwall
Upcycled cacao brand Blue Stripes raises $20m
Blue Stripes has closed a $20 million Series B funding round led by Zintinus, The Hershey Company and Whole Foods Market, among others.
Nestlé restructures executive board and organisational framework ahead of 2025
Nestlé has announced huge organisation changes that will take effect in January 2025, as part of strategic efforts to streamline operations.
Danish government allocates DKK 15bn to green innovation, including DKK 500m for food and agriculture
Denmark’s government will allocate $73.3m for green innovation in the food and agriculture industry until 2030.
Mettler Toledo unveils new X52 Dual Energy x-ray solution
Mettler Toledo has announced the release of its new X52 Dual Energy x-ray inspection system.
Hershey signs long-term agreement to improve cocoa farmer livelihoods in Côte d'Ivoire
Hershey has signed a five-year agreement with nine cocoa cooperatives in Côte d'Ivoire, West Africa, to improve farmer livelihoods.
Sirio opens €16m full-service packaging facility in Germany
Sirio has invested €16 million in a dedicated packaging facility, with automated packaging lines, at its Pritzwalk campus near Berlin.
Arla Foods pursues majority stake in Egyptian dairy company Domty
Arla Foods has announced a non-binding offer to acquire a majority stake in the Arabian Food Industries Company, commonly known as Domty.
Unilever exits Russia with sale of subsidiary to Arnest Group
Unilever has announced the sale of its Russian subsidiary, Unilever Russia, to Arnest Group.
Angel Yeast invests $43.46m, establishes new subsidiary and facility in Indonesia
Angel Yeast is partnering with agricultural company PT Tunas Baru Lampung (TBLA) to set up a subsidiary in Indonesia’s Lampung province.
Mergers and acquisitions: 2024’s biggest food and beverage deals
Using data provided by Houlihan Lokey, FoodBev Media's Siân Yates examines these transactions and the broader market implications.
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