The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Heineken UK invests in Tenzing, marking entry into energy drink sector
In a strategic move to diversify its portfolio, Heineken UK has made a minority investment in Tenzing, a natural energy drink brand recognised for its plant-based offerings.
Harry Brompton’s secures £2m investment to fuel UK and international expansion
Premium British iced tea brand Harry Brompton’s has secured £2 million in growth capital from private investment office Traditum, fuelling its expansion across the UK and international markets.
Xoxo Soda secures £4m funding and expands into national UK retail
Functional beverage company Xoxo Soda has closed a £4 million investment round and announced its first national retail listings in the UK.
Nestlé announces investment to expand coffee factory in Vietnam
Nestlé Vietnam has announced an investment of nearly VND 1,900 billion (approx. $73 million) to expand its Tri An coffee processing factory in Dong Nai province.
Milo’s Tea opens $200m facility in South Carolina
Milo’s Tea Company has opened its new $200 million manufacturing and distribution facility in Spartanburg, South Carolina.
Chobani breaks ground on $1.2bn dairy processing plant in New York, US
Dairy group Chobani has broken ground on a new processing plant in Rome, New York, US, supported by a $1.2bn investment.
Suntory Group launches new water-focused venture Water Scape
Global beverage company Suntory Group, founded in Japan in 1899, has announced the launch of Water Scape – a new company supporting businesses and communities in securing sustainable water supplies.
Chinese tea firm Chagee to raise $400m in US IPO - Financial Times
Chinese tea chain Chagee is pressing ahead with plans to raise nearly $400 million in a US initial public offering this week, according to the Financial Times.
Arla Foods begins work on £179m UK mozzarella plant
Dairy cooperative Arla Foods has begun work on its £179m mozzarella plant in Devon, UK.
The Ryl Company secures $15m in Series B funding to accelerate expansion and innovation
The Ryl Company, owner of functional iced tea brand Ryl Tea, has secured $15m in Series B funding to fuel its innovation and expansion across the US.
Ferrero Group announces $445m investment in Ontario, creating 500 jobs
Ferrero Group has made a substantial $445 million investment to expand its production facility in Brantford, Ontario in Canada. This expansion is expected to create approximately 500 new jobs and enhance the company's manufacturing capabilities in the region.
