The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Food
CSM Ingredients purchases Italian ingredients firm Hi-Food
Investindustrial-owned CSM Ingredients has announced the acquisition of Italian ingredients firm, Hi-Food, for an undisclosed amount.
Sodexo appoints Sophie Bellon as CEO
Sodexo has appointed its chairman Sophie Bellon as the company's CEO, a position she has held on an interim basis since 1 October 2021.
Golden Grail acquires children's sparkling water brand Tickle Water
US holding company Golden Grail Technology has announced the acquisition of Tickle Water, a flavoured sparkling water brand aimed at children.
Plant-based nutrition brand Kos secures $12m in funding
Plant-based functional nutrition brand Kos has raised $12m in Series A funding, as it looks to expand its team and distribution.
Heineken reports "strong" full-year results but warns of Covid-19 impact in 2022
Heineken has posted full-year organic sales growth of 12.2%, but said that it expects Covid-19 to continue to have an impact on revenue in 2022.
Nestlé beats organic growth expectations in full-year results
Nestlé has recorded full-year organic sales growth of 7.5%, driven by retail sales, price increases and market share gains.
Jamba and Blendid expand pilot launch of robotic smoothie kiosks
US juice brand Jamba and robotics firm Blendid have unveiled two new autonomous robotic smoothie kiosk locations at educational institutions in Georgia.
Global Food and Ingredients buys plant-based milk and snack brand YoFiit
Canadian food and ingredients company, Global Food and Ingredients, has acquired plant-based milk and snack food brand, YoFiit.
Next Gen Foods secures $100m in funding, launches vegan chicken in US
Next Gen Foods has raised $100m in a funding round which it claims marks “the largest Series A to date for a plant-based meat company”.
Philippines and Qatari dairy firm Baladna to partner on $500m integrated dairy facility
Baladna, Qatar’s largest locally-owned dairy producer, is teaming up with the government of the Philippines to establish a $500m integrated dairy facility.
US activist firm Trian slashes holdings in P&G and Mondelēz - <em>Reuters</em>
Trian Fund Management has said in a regulatory filing that it has cut its stakes in Mondelēz and Procter & Gamble by over 90% each, according to Reuters.
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