The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Finance
Kraft Heinz considers divesting grocery segment in potential $20bn spin-off
According to reports from major media outlets, including Bloomberg and Financial Times, Kraft Heinz Company is actively considering a significant restructuring that would involve spinning off a substantial portion of its grocery business, which includes several iconic Kraft products.
JM Smucker navigates challenges following Hostess acquisition
The JM Smucker Company is grappling with operational and financial challenges as it integrates Hostess Brands, which it acquired in November 2023.
Meala teams up with DSM-Firmenich to launch texturizing protein for meat alternatives
Plant-based start-up Meala FoodTech has partnered with DSM-Firmenich to launch Vertis PB Pea, a texturizing pea protein designed to bring better nutritional value to meat alternatives.
Beyond Oil raises over CAD 10.6m to support global expansion
Food-tech company Beyond Oil has raised CAD 10.64 million (approx. $7.67 million) through a brokered private placement to accelerate its global growth plans and support product distribution.
Beyond Meat secures $100m financing despite challenging Q1 results
Plant-based meat producer Beyond Meat has secured a $100 million financing facility from Unprocessed Foods, an affiliate of the Ahimsa...
Bakkavor announces extension of Greencore merger deal deadline
The deadline for Greencore's acquisition of Bakkavor has been extended after an initial agreement in principle for the £1.2 billion deal announced earlier this month.
Monster Beverage denies Spruce Point's allegation of slow growth and financial misconduct
Monster Beverage has released a statement in response to a report from short-selling firm Spruce Point Capital Management, claiming the report contained 'false' and 'misleading' characterisations about the company’s business.
ADM cuts jobs in grain trading division
Reuters has reported that Archer-Daniels-Midland (ADM) has cut jobs at its largest unit in its grain trading and oilseed processing division
Diageo removes medium-term guidance amid US tariff concerns
In its 2025 interim results announcement, Diageo scrapped its medium-term guidance due to macroeconomic and geopolitical uncertainty.
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.
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