The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Finance
VFC Foods and Meatless Farm split from Vegan Food Group
UK-based plant-based food company VFC Foods, which owns Meatless Farm, is separating from the Vegan Food Group (VFG), formed just two years ago.
Berkshire Hathaway signals possible exit from Kraft Heinz stake as company prepares for breakup
Berkshire Hathaway may be preparing to unwind its long-standing investment in Kraft Heinz, signalling a potential turning point for one of the food industry’s most closely watched ownership relationships.
Atlantic Beef Products secures $1.63m federal investment to expand halal processing capacity
Atlantic Beef Products (ABPI) is set to enhance its halal beef processing capabilities following a federal investment of up to CAD 2.26 million (approx. $1.63 million) through Canada’s Kosher and Halal Investment Programme.
Meatable to wind down operations as funding efforts fall short
Dutch cultivated meat company Meatable is ceasing operations and will dissolve its legal entity after failing to secure continued funding.
AB InBev to shut two US factories and sell another to consolidate operations
Anheuser-Busch InBev has confirmed plans to close two US breweries and offload another, stating that the decision means it can ‘invest more in remaining operations.’ The company is shutting facilities in Fairfield, California and Merrimack, New Hampshire, while its brewery in Newark, New Jersey, will be sold to a property business, Goodman Group. A spokesperson for AB InBev said: “Over the last five years we have taken steps to update and modernise our US manufacturing operations, investing...
PepsiCo and Walmart face lawsuit over decade-long pricing claims
A new class action lawsuit has been filed against PepsiCo and Walmart, alleging a decade-long anti-competitive pricing scheme.
German paper specialist Feldmuehle ceases production amid rising costs
Feldmuehle, a German producer of paper for various packaging applications including food and beverages, has announced it is ceasing operations.
PepsiCo strikes deal with Elliott Management to enhance operations and avoid proxy battle
PepsiCo has reached a strategic agreement with activist investment Elliott Management, aimed at improving operational efficiencies and avoiding a potentially costly proxy fight.
Autumn budget 2025: What it means for the UK F&B industry
The Autumn Budget, announced on 26 November, reflects the continuing challenges for businesses across the UK, including the food and drink sector.
Keurig Dr Pepper appoints former Campbell Soup CFO Anthony DiSilvestro as chief financial officer
Keurig Dr Pepper has announced the appointment of Anthony DiSilvestro as its new chief financial officer, effective immediately.
Lucky Energy secures $25m in oversubscribed Series B round to fund nationwide expansion
US-based clean energy drink brand Lucky Energy has closed an oversubscribed $25 million Series B funding round.
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