The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Finance
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over €60m to upgrade its Finnish cheese production plant, which includes expanding existing facilities and replacing outdated equipment.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.
Danone invests €70m in medical nutrition capabilities
Danone has announced a €70m investment in its first French production line for medical nutrition.
Pepper raises $30m to advance food distribution technology
Pepper, an e-commerce platform for food distributors, has closed a $30m Series B funding round led by ICONIQ Growth.
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