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

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Business
Mondelēz expands presence in China’s pastry market with Evirth acquisition

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

Mergers & Acquisitions
Bimbo Canada to close bakery in Québec City, affecting 141 workers

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.

Bakery
Upfield renamed as Flora Food Group to reflect ‘evolved purpose’

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.

Food
Standing Ovation raises €3.75m, names new CEO

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.

Dairy
Ricola expands Swiss production with Lenzburg plant acquisition from Hero

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.

Mergers & Acquisitions
Campari Group acquires minority stake in Capevin

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.

Mergers & Acquisitions
Dairy's next big leap: How tech and sustainability are shaking up the industry

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.

Dairy
Start-up of the month: Simple Planet

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.

Exclusives
In review: Speciality & Fine Food Fair 2024

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.

Exclusives
Campari CEO Matteo Fantacchiotti steps down after five months in role

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.

Appointments
Kind Snacks appoints Daniel Calderoni as new CEO for North America

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.

Appointments
Nestlé to establish SAR 270m food plant in Saudi Arabia

Nestlé to establish SAR 270m food plant in Saudi Arabia

The facility, to be built in Jeddah’s Third Industrial City, will represent an investment of SAR 270 million (approx. $72 million).

Business
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