The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
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over €60m to upgrade its Finnish cheese production plant, which includes expanding existing facilities and replacing outdated equipment.
Newlat resumes acquisition pursuit of Princes Group for £700m
Italian agro-food group Newlat Food has reignited its intention to acquire UK-based Princes Group from Mitsubishi Corporation.
European Commission fines Mondelēz €337.5m for restricting cross-border trade
The investigation found that Mondelēz engaged in anti-competitive behaviour aimed at restricting cross-border trade of chocolate, biscuits and coffee products.
High Liner Foods invests $10m in Andfjord Salmon Group
High Liner Foods Incorporated has announced a $10 million investment in Andfjord Salmon Group, a sustainable salmon aquaculture company based in Norway.
