The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
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Business
Chobani secures $650m in funding to fuel US expansion plans
This capital infusion is aimed at supporting the company's ambitious expansion plans across the US, particularly in the dairy processing sector.
Coca-Cola reportedly considering taking Indian bottling unit public in potential $1bn deal – Bloomberg
According to Bloomberg News, Coca-Cola is considering an initial public offering (IPO) for its Indian bottling unit – Hindustan Coca-Cola Beverages – in a deal that could be valued at $1 billion.
Sidel expands presence in West Africa with new Lagos, Nigeria office
Sidel has officially launched a new office in Phoenix, Ikeja, Lagos, aiming to bolster the company's presence in West Africa
Cropster acquires South Korea’s Firescope to expand reach in Asian coffee market
Coffee technology company Cropster has acquired Firescope, a South Korean developer of roasting software, strengthening its presence in the Asian speciality coffee market.
GFI APAC joins forces with World FoodTech Council to accelerate alt-protein innovation
The Good Food Institute (GFI) Asia Pacific has initiated a partnership with South Korea’s World FoodTech Council, focused on accelerating domestic alternative protein innovation.
Trump targets cooking oil imports from China as soybean sales plummet
US President Donald Trump announced on social media this week that he is considering blocking imports of cooking oil from China.
Nestlé announces $3.7bn cost-cutting strategy and 16,000 job cuts
Nestlé is set to reduce its workforce by 16,000 positions, representing 6% of its global staff, as new CEO Philipp Navratil accelerates a strategic turnaround.
Gourmey and Vital Meat merge to form PARIMA
French cultivated food companies Gourmey and Vital Meat have merged to create PARIMA, a new entity focused on developing cell-based animal products including duck and chicken.
Liquid Death appoints Ricky Khetarpaul as CFO to Drive Growth in Beverage Sector
Liquid Death has announced the appointment of Ricky Khetarpaul as chief financial officer.
Starboard Value takes stake in Keurig Dr Pepper amid JDE Peet's acquisition
Activist investor Starboard Value has taken a stake in KDP, coinciding with its announcement of plans to acquire coffee maker JDE Peet's for approx. $18bn.
New food-tech start-up Lasso launches, backed by $6.5m funding raise
A new US food-tech company, Lasso, has been launched by the team behind plant-based meat start-up Tender Food, supported by $6.5 million in new funding.
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