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

Full Glass Wine, a brand acquisition and management firm focused on acquiring DTC wine companies, has closed a $14m Series A funding round.

McDonald’s Corporation has signed an agreement with Alonyal, the owner of its franchise restaurants in Israel, to buy back all its restaurants in the country.

The Ivory Coast has increased the official cocoa farmgate price to CFA 1,500 ($2.46) per kg, a 50% increase on the previous CFA 1,000 price.

Promoted: Ahead of the second edition of F&B@Sea (10-11 April 2024), Seatrade Cruise has published its second Cruise food and beverage trends report.

Brazilian seafood companies the Frescatto Company and Prime Seafood are set to merge, creating a business with a combined turnover of more than $300m.

Kraft Heinz has been selected for award negotiations to receive up to $170m from the US Department of Energy’s Office of Clean Energy Demonstration.

US iced tea franchise HTeaO has debuted a new range of tea-based energy shots, available in four flavours across all its locations.

PepsiCo is set to invest $400m in Vietnam to build two new plants fuelled by renewable energy, according to Reuters.

Promoted: In this webinar, we will explore the impact of traditional manual processes, the reasons this is no longer sustainable and the role of digital transformation in overcoming these hurdles.

Nespresso plans to invest $20m in the Democratic Republic of Congo (DRC) by 2026 to support local coffee farmers' access to global markets.

Louis Dreyfus Company has signed an agreement to acquire Brazilian instant coffee producer and exporter, Cacique, for an undisclosed sum.

UK-based vegan ready meal brand Shicken has received a further £4m cash injection from Veg Capital to scale up manufacturing capacity and fuel overseas expansion.