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

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Fonterra to exit consumer-facing business to focus on ingredients

Fonterra to exit consumer-facing business to focus on ingredients

Fonterra has announced a step-change in its strategic direction, as it strengthens its commitments to developing high-value dairy ingredients.

Dairy
Pepper raises $30m to advance food distribution technology

Pepper raises $30m to advance food distribution technology

Pepper, an e-commerce platform for food distributors, has closed a $30m Series B funding round led by ICONIQ Growth.

Finance
Uber to acquire Delivery Hero's Foodpanda business in Taiwan for $950m

Uber to acquire Delivery Hero's Foodpanda business in Taiwan for $950m

Uber Technologies has announced the acquisition of Delivery Hero SE's foodpanda delivery business in Taiwan for $950m in cash.

Mergers & Acquisitions
PepsiCo to build new flavour manufacturing facility in India

PepsiCo to build new flavour manufacturing facility in India

PepsiCo India has announced an investment of INR 12.66bn (approx. $151.7m) to build a new flavour manufacturing facility in Ujjain, Madhya Pradesh.

Manufacturing
Carlsberg's unit in Kazakhstan appeals Russian court’s Baltika ban – Reuters

Carlsberg's unit in Kazakhstan appeals Russian court’s Baltika ban – Reuters

Carlsberg’s operation in Kazakhstan has filed an appeal with a Russian court to overturn a ban on the brewer selling Baltika brands in the region.

Beverage
BGL facilitates sale of Crest Foods and Arctic Industries

BGL facilitates sale of Crest Foods and Arctic Industries

Brown Gibbons Lang has this week announced the sale of two of its portfolio companies to two separate buyers, for undisclosed sums.

Distribution
Government of Canada opens first agriculture and agrifood office in the Philippines

Government of Canada opens first agriculture and agrifood office in the Philippines

Canada’s Minister of Agriculture and Agri-Food has opened the country’s first Indo-Pacific Agriculture and Agri-Food Office in Manila, the Philippines.

Business
Start-up of the month: Crisp

Start-up of the month: Crisp

In this instalment, we speak to Are Traasdahl, founder and CEO of Crisp, a platform that connects data between retailers, distributors, and brands to provide real-time insights across the supply chain.

Technology
Jones Food Company opens second vertical farm

Jones Food Company opens second vertical farm

British vertical farming business Jones Food Company has opened its second vertical farm, JFC2, in Gloucestershire, UK. 

Business
FEMSA unveils capital allocation strategy, invests in operations

FEMSA unveils capital allocation strategy, invests in operations

Mexican Coca-Cola bottler FEMSA has released additional information regarding its future capital allocation plans, with more than $20bn in investments.

Beverage
US Foods to acquire IWC Food Service

US Foods to acquire IWC Food Service

Food service distributor US Foods has agreed to acquire IWC Food Service, a broadline distributor based in Cookeville, Tennessee, US.

Business
Aldi to invest £550m to boost UK store and distribution network

Aldi to invest £550m to boost UK store and distribution network

Supermarket chain Aldi plans to invest more than £550m in expanding and further improving its store and distribution network throughout the year.

Beverage
Distribution
NutriEvents
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