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

Diageo has announced the acquisition of American single malt whisky producer Balcones Distilling for an undisclosed amount.

Mondelēz International has reported an 8.1% rise in its third-quarter net revenue, reflecting organic sales growth of 12.1% and the impact of acquisitions.

Trigo has raised $100m in an equity financing round led by Temasek and 83North, as it aims to scale the deployment of autonomous urban supermarkets.

Bobbie has announced the launch of a new research and development hub that is dedicated to enhancing infant nutrition, called Bobbie Labs.

Unilever has posted underlying sales growth of 10.6% for its third quarter, driven by price hikes which had "only a limited impact on volume".

Bega Cheese has announced that Paul van Heerwaarden has decided to step down after nearly six years as CEO, with Pete Findlay set to succeed him.

Frankford Candy and Dunkin' have collaborated to release new limited-edition chocolate sweets inspired by Dunkin's beverages and donuts.

Carlsberg has posted organic revenue growth of 11.6% for its third quarter, after it was boosted by strong demand in Asia.

A unit of China Resources Beer has agreed to acquire a 55.19% stake in Guizhou Jinsha Jiaojiu Winery Industry for RMB 12.3bn (approx. $1.7bn).

Amalthea and Ausnutria had already been working together prior to the deal; however, the acquisition will allow the companies to combine their strengths.

Abbott Nutrition has announced plans to build a $500m nutrition facility in the US for speciality and metabolic infant formulas.

Ferrero-owned Fannie May has introduced two new chocolate offerings: Fannie May Premium Chocolate Bars and Rocky Road Chocolatier’s Mix.