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

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Dairy
Schuman Cheese launches Delve Mascarpone Truffles

Schuman Cheese launches Delve Mascarpone Truffles

Cheesemaker Schuman Cheese has entered into the truffle category with the launch of new refrigerated confection, mascarpone bites.

Dairy
Standing Ovation receives €1.83m in financing

Standing Ovation receives €1.83m in financing

Standing Ovation has received €1.84m in financing from French public investment bank, Bpifrance, to support its Ferment2From project.

Mergers & Acquisitions
Diageo acquires American single malt whiskey producer Balcones Distilling

Diageo acquires American single malt whiskey producer Balcones Distilling

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

Beverage
Mondelēz posts 8.1% revenue growth after emerging markets boost Q3 performance

Mondelēz posts 8.1% revenue growth after emerging markets boost Q3 performance

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.

Mergers & Acquisitions
Perrigo announces $170m investment in US infant formula capabilities

Perrigo announces $170m investment in US infant formula capabilities

Perrigo has announced a $170m investment to “expand and strengthen” its US infant formula manufacturing capabilities and bolster industry capacity.

Dairy
Tre Stelle launches new cream cheese

Tre Stelle launches new cream cheese

Arla Foods-owned Tre Stelle has expanded its portfolio with the addition of a cream cheese made with four natural ingredients.

Dairy
DSM launches DelvoOne cultures portfolio

DSM launches DelvoOne cultures portfolio

DSM has unveiled its first portfolio of all-in-one cultures for fermented milk products, developed using its new AI-powered ‘Culture Co-Creation Platform’.

Dairy
Trigo raises $100m to expand autonomous retail platform

Trigo raises $100m to expand autonomous retail platform

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.

Beverage
Arla launches whey-based solution for fermented beverages

Arla launches whey-based solution for fermented beverages

Arla Foods Ingredients has unveiled a whey-based solution that enables the creation of clear and protein-enriched fermented drinks.

Beverage
Danone raises 2022 guidance, expects 7-8% sales growth led by pricing

Danone raises 2022 guidance, expects 7-8% sales growth led by pricing

Danone has posted Q3 sales of €7.33bn – up by 9.5% on an LFL basis – after seeing “sequential growth acceleration across all categories and geographies”.

Dairy
Bobbie launches R&D hub to enhance infant nutrition

Bobbie launches R&D hub to enhance infant nutrition

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

Mergers & Acquisitions
Myprotein adds new RTD Clear Whey Protein drinks to portfolio

Myprotein adds new RTD Clear Whey Protein drinks to portfolio

Myprotein has launched its new Clear Whey Protein drink, sold in RTD 500ml bottles, in two flavours: Peach Tea and Orange and Mango.

Dairy
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