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

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Suntory Spirits enhances gin production with £34m investment in Osaka plant

Suntory Spirits enhances gin production with £34m investment in Osaka plant

Suntory Spirits is investing ¥6.5B (£34M) in its Osaka plant, a key hub for spirits like its flagship, The Japanese Craft Gin Roku.

Funding & Investments
80 Acres Farms secures $115m in capital, acquires Plantae Biosciences

80 Acres Farms secures $115m in capital, acquires Plantae Biosciences

80 Acres Farms has announced the successful raise of $115m in capital, alongside the acquisition of Israeli biotech firm Plantae Biosciences

Agriculture
Cargill to close cocoa facility, impacting over 100 jobs

Cargill to close cocoa facility, impacting over 100 jobs

Cargill has announced plans to permanently close its cocoa and chocolate facility in Hazleton, Pennsylvania, this summer.

Business
Oobli raises $18m in funding, partners with Ingredion to accelerate sweet proteins

Oobli raises $18m in funding, partners with Ingredion to accelerate sweet proteins

Sweet protein start-up Oobli has partnered with global ingredients company Ingredion, as well as raising $18m in Series B1 funding.

Partnership
Olipop secures $50m in Series C funding to expand functional soda offerings

Olipop secures $50m in Series C funding to expand functional soda offerings

Functional soda brand Olipop has successfully closed a $50m Series C funding round led by JP Morgan Private Capital’s Growth Equity Partners

Soft drinks
Ingredion announces $100m investment in Indianapolis facility to grow texture business

Ingredion announces $100m investment in Indianapolis facility to grow texture business

Ingredion has announced investments exceeding $100 million to enhance its Indianapolis, Indiana, US, facility.

Ingredients
JBS announces $200m investment in US beef production facilities

JBS announces $200m investment in US beef production facilities

JBS USA has announced a $200 million investment in its beef production facilities in Cactus, Texas, and Greeley, Colorado.

Meat
Agronomics' Liberation Labs secures $50.5m funding to advance biomanufacturing capacity

Agronomics' Liberation Labs secures $50.5m funding to advance biomanufacturing capacity

Liberation Labs has successfully closed a $50.5 million funding round, supporting its mission to commercialise precision fermentation.

Business
Molson Coors to invest £10m in Aspall Cyder

Molson Coors to invest £10m in Aspall Cyder

Molson Coors Beverage Company plans to invest £10 million in its Aspall Cyder House in Suffolk, UK, over the next five years.

Alcohol
Diageo to open new $415m facility in Montgomery, Alabama

Diageo to open new $415m facility in Montgomery, Alabama

Diageo North America has announced plans to open a new manufacturing and warehousing facility in Montgomery, Alabama, US.

Funding & Investments
Impossibrew secures £1.2m in crowdfunding to propel growth in the non-alcoholic beverage market

Impossibrew secures £1.2m in crowdfunding to propel growth in the non-alcoholic beverage market

Impossibrew has completed a crowdfunding campaign on Crowdcube, raising over £1.2m – more than double its initial target of £500,000.

Funding & Investments
Walmart Canada unveils CAD 6.5bn investment to drive expansion across the country

Walmart Canada unveils CAD 6.5bn investment to drive expansion across the country

Walmart Canada has announced a CAD 6.5bn (approx. $4.5bn) investment over the next five years to accelerate its growth in the country.

Retail
Funding & Investments
Dohler | January 2025
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