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

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Finance
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over €60m to upgrade its Finnish cheese production plant, which includes expanding existing facilities and replacing outdated equipment.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
European Commission fines Mondelēz €337.5m for restricting cross-border trade

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.

Finance
High Liner Foods invests $10m in Andfjord Salmon Group

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.

Seafood
Danone invests €70m in medical nutrition capabilities

Danone invests €70m in medical nutrition capabilities

Danone has announced a €70m investment in its first French production line for medical nutrition.

Funding & Investments
Pepper raises $30m to advance food distribution technology

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.

Finance
Diageo to invest €100m in decarbonising St James's Gate facility

Diageo to invest €100m in decarbonising St James's Gate facility

Diageo plans to invest more than €100m to decarbonise its St James’s Gate site in Dublin, Ireland, where Guinness has been brewed for 264 years.

Alcohol
Relocalize raises CAD 5.8m in funding to scale-up micro-factory platform

Relocalize raises CAD 5.8m in funding to scale-up micro-factory platform

Canadian clean-tech start-up Relocalize has closed a CAD 5.8m (approx. $4.26m) seed funding round to expand its autonomous micro-factory platform.

Finance
PepsiCo invests £8m in Pipers Crisps manufacturing site

PepsiCo invests £8m in Pipers Crisps manufacturing site

PepsiCo has announced plans to invest £8m in its Pipers Crisps manufacturing site in Brigg, Lincolnshire, UK, to meet growing demand.

Funding & Investments
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