The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Confectionery
Epigamia raises INR 350m in debt funding
Indian yogurt brand Epigamia has raised debt funding of INR 350m (approx. $4.3m) from Grand Anicut Fund.
HKScan CEO Tero Hemmilä steps down
HKScan Corporation has announced that its chief executive officer, Tero Hemmilä, will step down from his position, effective immediately.
Lamipak to invest over $400m in site expansion
Lamipak is investing over $400 million to expand its facility in Kunshan, China to help the company meet growing demand for aseptic packaging.
Bubs Australia enters agreement for goat milk infant formula in China
Bubs Australia has entered into a binding agreement with Heilongjiang Ubeite Dairy Group to produce and distribute its goat milk infant formula in China.
Lactalis Canada adds Khaas yogurt brand to portfolio
Lactalis has introduced a new speciality yogurt brand, called Khaas, in a move to strengthen its position in the ethnic yogurt category.
Update: US Justice Department denied motion for injunction following US Sugar acquisition
Judge Maryellen Noreika has denied the US Justice Department’s motion for injunction pending appeal following US Sugar’s acquisition of Imperial Sugar.
Danone announces $22m investment to end US hunger
Danone North America says it will invest $22 million to improve food access and affordability, nutrition, health and education in the US by 2030.
Cult Food Science's De Novo Dairy secures funding
Cult Food Science has secured funding for its De Novo Dairy portfolio company to accelerate the release of its first cultivated dairy product in Africa.
Fonterra trials sustainable organic battery at UHT plant
Fonterra has partnered with US energy storage company, PolyJoule, to trial an industrial-scale organic battery at its Waitoa UHT site in New Zealand.
M&M's to introduce new purple character to confectionery
For the first time in a decade, M&M'S, part of Mars, is expanding its confectionery with the introduction of a new purple character and candy.
Diageo revokes sale of Windsor whisky business
Diageo has terminated the conditional agreement to sell its Windsor whisky business to private-equity consortium Bayside/Metis.
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