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

Pernod Ricard subsidiary Irish Distillers plans to build a €250m distillery in Midleton, Ireland, in order to meet growing demand.

Burlington Capital Partners (BCP), a food-focused investment firm, has announced the acquisition of Sokol & Company for an undisclosed sum.

US carbon-neutral food company, Neutral Foods, has raised $12m in a Series A funding round led by Breakthrough Energy Ventures.

Starbucks has appointed Laxman Narasimhan as the company's next CEO – effective 1 October – succeeding interim CEO Howard Schultz.

Campbell Soup Company has reported a 1% rise in full-year net sales and said the business will "continue to make progress" in fiscal 2023.

Sainsbury's has announced that it is investing £65m into its pricing this month to ease pressure on consumers amid the rising cost of living.

Lorival Luz has resigned as CEO of meat company BRF and will be replaced by Marfrig Global Foods’ Miguel Gularte, according to Reuters.

The FDA has carried out the first large study to compare levels of four key micronutrients in eight plant-based milk alternatives, as well as cow's milk.

Walmart has offered to buy the remaining 47% stake in South African retailer Massmart for ZAR 6.4bn (approximately $379m).

Norseland-owned brand Ilchester has launched a new seasonal cheese for Halloween that could give foodies a sweet and spicy "nightmare".

BASF has announced an agreement to sell its Nutrilife baking enzymes portfolio and business to Lallemand subsidiary, Danstar Ferment.

Müller UK announces plans to remove 500 tonnes of virgin plastic annually by switching to packaging made from recycled materials.