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

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Distribution
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.

Funding & Investments
Ofi and CCG partner on solar-powered cocoa warehouse

Ofi and CCG partner on solar-powered cocoa warehouse

Ofi and Commodity Centre Group have partnered to create a cocoa bean warehouse terminal using green energy at the Port of Amsterdam, Netherlands.

Manufacturing
Starship Technologies reports $90m funding round

Starship Technologies reports $90m funding round

Starship Technologies, an autonomous delivery service that deploys robots to deliver goods, has announced a $90m funding round.

Business
Bimbo Bakeries USA to close US bakery

Bimbo Bakeries USA to close US bakery

Bimbo Bakeries USA (BBU) has announced its decision to discontinue operations at its US bakery by mid-April.

Bakery
Carlsberg terminates license agreements in Russia

Carlsberg terminates license agreements in Russia

Carlsberg has informed Baltika Breweries that it has terminated the license agreements that enable Baltika to produce, market and sell Carlsberg products.

Distribution
Labour shortages cost food and drink industry £1.4bn

Labour shortages cost food and drink industry £1.4bn

In the last year, labour shortages have cost the UK food and drink industry an estimated £1.4bn due to loss of output, according to a new report.

Finance
Cargill and Bar Technologies' wind-powered cargo ship sets sail

Cargill and Bar Technologies' wind-powered cargo ship sets sail

Cargill and Bar Technologies’ new innovation, WindWings by Yara Marine has set sail, testing new technology to bring wind propulsion to commercial shipping.

Distribution
Flexicon introduces dual-arch bulk bag conditioner

Flexicon introduces dual-arch bulk bag conditioner

Flexicon has introduced a new Block-Buster Hydraulic Bulk Bag Conditioner, featuring arched doorway masts for increased overhead clearance.

Technology
Pernod Ricard suspends Absolut exports to Russia

Pernod Ricard suspends Absolut exports to Russia

Drinks giant Pernod Ricard is suspending exports of its Absolut vodka to Russia, effective immediately, the company has confirmed.

Distribution
Octopus farming: Why tensions are rising

Octopus farming: Why tensions are rising

A plan to build the world's first octopus farm in the Canary Islands has generated deep concern among scientists and environmentalists.

Seafood
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