The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Distribution
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.
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.
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.
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.
Starship Technologies reports $90m funding round
Starship Technologies, an autonomous delivery service that deploys robots to deliver goods, has announced a $90m funding round.
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.
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.
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.
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.
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.
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.
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