The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
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PepsiCo to acquire Siete Foods for $1.2bn, expanding better-for-you portfolio
PepsiCo has announced its plans to acquire Siete Foods, a Texas-based maker of Mexican-American food products, for $1.2 billion.
Fonterra revises strategy to enhance high-performance segments
Fonterra has unveiled a revised strategic framework aimed at bolstering its focus on high-performing ingredients and foodservice segments.
DSM-Firmenich completes sale of MEG-3 Fish Oil business to KD Pharma
DSM-Firmenich has finalised the sale of its MEG-3 fish oil business to KD Pharma Group.
African Originals raises $2m to drive craft beverage innovation
Kenya-based craft beverage company African Originals has raised $2m in a funding round led by Phoenix Beverages.
Nissin Foods buys Australian frozen dumpling manufacturer ABC Pastry
Nissin Foods has acquired 100% of the shares of ABC Pastry for AUD 33.7 million (approx. $23.26 million).
GEA and Believer Meats partner to scale cultured meat production
Cultured meat firm Believer Meats has signed a strategic partnership agreement with GEA.
Diageo strengthens non-alcoholic spirits portfolio with Ritual Zero Proof acquisition
Diageo has acquired non-alcoholic spirits brand Ritual Zero Proof, as part of its strategy to meet growing demand for alcohol alternatives.
Strength in diversity: Annabel McLelland on women’s impact in dairy
We caught up with Annabel McLelland to discuss her experience as a woman in the dairy industry, as well as the importance of DE&I.
Jungbunzlauer invests CAD 200m to build Canada's first xanthan gum facility
Jungbunzlauer has invested CAD 200 million (approx. 148 million) to build Canada’s first xanthan gum facility in Port Colborne, Ontario.
Danone proposes acquisition of Lifeway Foods for $283m
Danone SA has made a non-binding proposal to acquire Lifeway Foods, a producer of kefir and probiotic products, for approx. $283 million.
Cargill launches $3m NutriHarvest initiative to enhance food security
Cargill has announced a $3 million multi-year initiative called the NutriHarvest project, which will be administered by HarvestPlus.
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