The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Finance
Trip valued at $300m following latest $40m investment round
Functional beverage brand Trip has reached a $300 million valuation after securing $40 million in new funding from a roster of celebrity investors and growth-stage capital partners.
Tate & Lyle reveals targeted actions to improve performance amid 'disappointing' half-year results
Tate & Lyle has reported 'disappointing' first-half results for the six months ending 30 September 2025, as market demand weakened across key regions, particularly North America.
Atlantic Fish Co secures $1.2m funding to advance cultivated whitefish
Food-tech start-up Atlantic Fish Co has closed its seed financing round, raising $1.2 million to accelerate development of its cultivated seafood platform.
Hormel Foods announces corporate restructuring, leadership changes and spin-off of Justin's nut butter business
Hormel Foods, the company behind brands such as Spam and Hormel Black Label Bacon, has announced a series of significant developments designed to position the business for long-term growth and operational efficiency.
Princes Group valued at £1.16bn as it joins London Stock Exchange
Princes Group has priced its initial public offering (IPO) at 475 pence per share, valuing the business at approximately £1.16 billion as it joins the main market of the London Stock Exchange (LSE).
Online US candy retailer CandyWarehouse files for bankruptcy amid rising sugar and cocoa costs
CandyWarehouse files for bankruptcy amid soaring ingredient costs and shifting consumer tastes in the sweets market.
Kraft Heinz unveils $300m in US promotions as consumer spending decreases
In its latest earnings call, Kraft Heinz says it will boost US promotional spend by $300m to tackle economic challenges and prepare for its planned 2026 company split.
Coca-Cola to be hit with $1bn charge for sale of African bottler
Coca-Cola will be hit with a $1 billion impairment charge as part of a restructuring of its African bottling operations.
Coca-Cola reportedly considering taking Indian bottling unit public in potential $1bn deal – Bloomberg
According to Bloomberg News, Coca-Cola is considering an initial public offering (IPO) for its Indian bottling unit – Hindustan Coca-Cola Beverages – in a deal that could be valued at $1 billion.
Nestlé announces $3.7bn cost-cutting strategy and 16,000 job cuts
Nestlé is set to reduce its workforce by 16,000 positions, representing 6% of its global staff, as new CEO Philipp Navratil accelerates a strategic turnaround.
Roberts Bakery in talks with potential partners as administrator notice filed
Roberts Bakery has confirmed it is in discussions with potential partners and funders following the publication of a Notice of Intention to appoint administrators on 6 October 2025.
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