The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Business
Entrepreneur and billionaire John Paul DeJoria acquires Waterloo Gin
American entrepreneur and billionaire John Paul DeJoria has acquired Waterloo Gin, the first gin brand distilled in Texas.
Prairie Farms Dairy acquires Ohio-based dairy firm SmithFoods
Illinois, US-based dairy company Prairie Farms Dairy has acquired SmithFoods for an undisclosed sum.
Butterfly Equity to acquire The Duckhorn Portfolio for $1.95bn
Butterfly Equity has announced a definitive agreement to acquire The Duckhorn Portfolio, a luxury wine producer., in a $1.95 billion deal.
Mérieux NutriSciences to acquire Bureau Veritas’ food testing business
Mérieux NutriSciences has entered into an agreement to acquire the food testing business of Bureau Veritas for €360 million.
Natra purchases Gudrun to enhance premium chocolate offerings
Natra is merging with Gudrun to establish a diversified chocolate platform with a focus on "premium quality", innovation and sustainability.
Moët Hennessy buys minority stake in alcohol-free wine producer French Bloom
Moët Hennessy has acquired a minority stake in French Bloom, a producer of alcohol-free sparkling wines.
Italcanditi and CSM Ingredients unite to form Vitalfood brand
Vitalfood is a newly formed entity resulting from the collaboration between Italcanditi and CSM Ingredients.
The forest for the trees: Is the EUDR extension a double-edged sword for manufacturers?
The European Commission has announced a 12-month extension for the implementation of the EU Deforestation Regulation (EUDR).
Kellanova injects £75m into British cereal production
Kellanova has announced plans to invest £75 million in its cereal factory in Wrexham, North Wales.
Lucky Energy raises $11.75m in oversubscribed Series A funding round
US energy drink company Lucky Energy has closed an oversubscribed $11.75m Series A funding round led by Brand Foundry Ventures.
Ferrero opens Illinois Kinder Bueno production facility
Ferrero North America has opened its new Kinder Bueno production facility in Bloomington, Illinois, US.
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