The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Business
Mondelēz expands presence in China’s pastry market with Evirth acquisition
Mondelēz International has announced plans to acquire a majority stake in Evirth, a Chinese manufacturer of cakes and pastries
Bimbo Canada to close bakery in Québec City, affecting 141 workers
Bimbo Canada has announced the closure of its Québec City bakery by the end of the year.
Upfield renamed as Flora Food Group to reflect ‘evolved purpose’
Upfield has announced that it has changed its name to Flora Food Group as part of a large-scale company transformation.
Standing Ovation raises €3.75m, names new CEO
French precision-fermented protein start-up Standing Ovation has raised €3.75 million in a Series A+ funding round.
Ricola expands Swiss production with Lenzburg plant acquisition from Hero
Ricola Group is set to expand its production capabilities by acquiring a manufacturing plant in Lenzburg from Hero Group.
Campari Group acquires minority stake in Capevin
Campari Group has acquired a 14.6% minority stake in Capevin, a South African company that indirectly owns CVH Spirits.
Dairy's next big leap: How tech and sustainability are shaking up the industry
Global food-tech accelerator Eatable Adventures has unveiled its latest report titled The Future of Dairy.
Start-up of the month: Simple Planet
Simple Planet is a start-up with a mission to revolutionise food production, addressing the climate crisis, food security and biodiversity.
In review: Speciality & Fine Food Fair 2024
FoodBev Media attended the Speciality & Fine Food Fair 2024, where we also announced this year’s winners of our Plant-Based Taste Awards.
Campari CEO Matteo Fantacchiotti steps down after five months in role
Campari Group has announced that Matteo Fantacchiotti has decided to step down from his position as CEO, effective immediately.
Kind Snacks appoints Daniel Calderoni as new CEO for North America
Mars-owned brand Kind Snacks has announced the appointment of Daniel Calderoni as chief executive officer for North America.
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