The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Typhoo Tea plans to enter administration amid financial struggles
Tea supplier Typhoo plans to appoint administrators as the brand faces declining sales.
Danish Crown announces job cuts amid financial crisis
Danish Crown is set to cut approximately 500 salaried positions as part of a major restructuring plan to address a financial crisis.
Coca-Cola to appeal $6bn US Tax Court decision amid ongoing IRS dispute
The Coca-Cola Company has announced that it will appeal a US Tax Court decision that determined it owes $2.7bn in federal income taxes.
FEMSA launches $250m tender offer for 2050 senior notes
FEMSA has announced that it has commenced a tender offer to purchase up to $250 million in aggregate principal amount of its 3.500% senior notes due 2050.
Schwan's expands Asian food production in South Dakota with multi-million dollar investment
Schwan's Company, a US food manufacturer and a subsidiary of South Korea's CJ Foods, has announced plans to expand its operations in South Dakota
Roebuck Food announces €1.45m sale of dairy business
Roebuck Food Group has sold its dairy business to an unrelated partnership in the Irish dairy milking industry for €1.45m.
Kelpi secures £4.3m investment for seaweed-based packaging solutions
UK-based materials innovation company, Kelpi, has raised £4.3 million ($5.5 million) to accelerate the commercialisation of its...
Aldi invests £750m in British apple grower
Supermarket chain Aldi has signed a new £750m deal with AC Goatham & Son, a family-owned fruit farm based in Kent, UK.
Coca-Cola to invest up to $175m in Kenya in next five years
The Coca-Cola system in Kenya, comprised of The Coca‑Cola Company and its authorised bottler Coca‑Cola Beverages Africa, has announced a new $175m investment.
Mondelēz International to invest $5m in Singapore innovation hub
Mondelēz has announced the launch of its Regional Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore.
Valio invests over €60m in Finnish cheese plant
Valio is investing over €60m to upgrade its Finnish cheese production plant, which includes expanding existing facilities and replacing outdated equipment.