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

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Typhoo Tea plans to enter administration amid financial struggles

Typhoo Tea plans to enter administration amid financial struggles

Tea supplier Typhoo plans to appoint administrators as the brand faces declining sales.

Beverage
Danish Crown announces job cuts amid financial crisis

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.

Meat
Coca-Cola to appeal $6bn US Tax Court decision amid ongoing IRS dispute

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.

Business
FEMSA launches $250m tender offer for 2050 senior notes

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.

Finance
Schwan's expands Asian food production in South Dakota with multi-million dollar investment

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

Finance
Roebuck Food announces €1.45m sale of dairy business

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.

Dairy
Kelpi secures £4.3m investment for seaweed-based packaging solutions

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...

Packaging
Aldi invests £750m in British apple grower

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.

Sustainability
Coca-Cola to invest up to $175m in Kenya in next five years

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.

Finance
Mondelēz International to invest $5m in Singapore innovation hub

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.

Funding & Investments
Valio invests over €60m in Finnish cheese plant

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.

Finance
Newlat resumes acquisition pursuit of Princes Group for £700m

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.

Mergers & Acquisitions
Finance
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