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

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Food
Nestlé raises sales guidance after price hikes boost nine-month results

Nestlé raises sales guidance after price hikes boost nine-month results

The packaged food giant has also announced plans to acquire the Seattle's Best Coffee brand from its Global Coffee Alliance partner, Starbucks.

Food
Pacific Avenue acquires SunOpta's sunflower and roasted snack business

Pacific Avenue acquires SunOpta's sunflower and roasted snack business

Los Angeles-based private investment firm, Pacific Avenue, has acquired the sunflower and roasted snack division of SunOpta.

Food
Single & Fat enters the olive oil market

Single & Fat enters the olive oil market

New USDA-certified organic extra virgin olive oil brand, Single & Fat, designed to shake up the olive oil market, launched today in the US.

Food
Secret Island Salmon introduces seven new products

Secret Island Salmon introduces seven new products

Secret Island Salmon has launched a new range of innovative salmon products including salmon hotdogs, salmon bacon and salmon burgers.

Food
Flexicon launches 3-A dairy dumping-conveying system

Flexicon launches 3-A dairy dumping-conveying system

The new manual dumping system will be suitable for dairy powders, pharmaceutical products and contamination sensitive bulk foods.

Dairy
Refresco to acquire Tru Blu Beverages

Refresco to acquire Tru Blu Beverages

Beverage contract manufacturer Refresco is expanding its global footprint with a deal to acquire Australian company Tru Blu Beverages.

Food
Hovis appoints former Müller exec as new CEO

Hovis appoints former Müller exec as new CEO

Bread producer Hovis has announced that former Müller UK & Ireland CEO, Jon Jenkins, is joining the company as its new chief executive.

Food
Danone to transfer control of EDP business in Russia

Danone to transfer control of EDP business in Russia

Danone has announced plans to transfer control of its dairy food business in Russia in a transaction that could result in a write-off of up to €1bn.

Dairy
Kroger and Albertsons Companies announce $24.6bn merger

Kroger and Albertsons Companies announce $24.6bn merger

Kroger and Albertsons Companies announced today that they have entered into a definitive agreement under which the two companies will merge.

Food
Walkers invests £14m in new packaging solutions

Walkers invests £14m in new packaging solutions

PepsiCo-owned Walkers has announced a £14m investment in sustainable food packaging innovations that will save 250 tonnes of virgin plastic annually.

Food
Smurfit Kappa to invest $100m in biomass boiler

Smurfit Kappa to invest $100m in biomass boiler

Smurfit Kappa is investing around $100 million in a sustainable biomass boiler at its paper mill facility in Yumbo, Colombia.

Mergers & Acquisitions
PepsiCo posts 8.8% sales growth in Q3, raises full-year outlook

PepsiCo posts 8.8% sales growth in Q3, raises full-year outlook

PepsiCo has posted an 8.8% net revenue growth in its third-quarter results for 2022, and now expects its full-year organic revenue to increase by 12%.

Finance
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