The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Food
Diageo sees net sales growth across all regions
Diageo has recorded a 21.4% increase in its full-year revenue, driven by strong organic net sales growth across all regions.
Canpack to build BRL 710m beverage can facility in Brazil
Canpack will invest approximately BRL 710m (approx. $140m) to build a new aluminium beverage can facility in Poços de Caldas, Minas Gerais, Brazil.
Emmi Roth to construct new headquarters and cheese conversion facility
Emmi Roth is breaking ground on a cheese conversion facility in Stoughton, Wisconsin, that will also become the company’s new US headquarters.
Mindright launches nootropic-infused popped chips
Snack brand Mindright has launched its latest innovation: a "first-of-its-kind" range of popped chips infused with brain-boosting nootropic ingredients.
Pilgrim's UK invests £10m in sustainability projects
British pork producer Pilgrim's UK has announced plans to invest over £10 million into sustainability projects over the next year.
Higher prices help boost Danone's first-half results
Danone has reported a "strong first half," after recording €13.33bn in net sales, up 7.4% on a like-for-like (LFL) basis.
Keurig Dr Pepper raises sales guidance following "strong" Q2 results
Keurig Dr Pepper (KDP) has reported a 13.2% rise in revenue to $3.55bn for its second quarter, and raised its sales guidance for the full year.
De Soi raises $4m in seed funding round
US non-alcoholic aperitif company, De Soi, has raised $4m in a seed funding round led by Willow Growth, to expand its retail footprint.
Kraft Heinz posts moderate net sales decline for Q2
Kraft Heinz has reported a 0.9% net sales decline in its second quarter to $6.6 billion, reflecting the impact of divestitures and currency.
Yili Group opens upgraded butter facility in New Zealand
Yili Group subsidiary Westland Milk has opened its upgraded butter plant in New Zealand, making it the "largest" butter facility on the west coast.
Azkoyen Group buys Spanish coffee machine company Ascaso for €17m
Azkoyen has acquired Spanish coffee machine company, Ascaso, for €17m, accelerating its leadership position in the OCS, HoReCa and vending segments.
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