The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
Givaudan expands footprint with production facility in Ohio, US
Givaudan has broken ground on a new production facility in Reading, Ohio, marking an investment of CHF 187 million (approx. $215 million).
Climax Foods rebrands to Bettani Farms, announces new CEO and $6.5m funding raise
Alt-dairy start-up Climax Foods has rebranded to Bettani Farms; has appointed former Califia Farms CFO, Sandeep Patel, as CEO and chairman; and has raised $6.5 million in Series A funding.
Kerry Group to open first Pennsylvania coffee plant in Lehigh Valley
Kerry Group is set to open its first Pennsylvania manufacturing facility in Hanover Township, Northampton County.
PAI Partners completes €3.6bn equity deal to restructure Froneri ownership
PAI Partners has announced the completion of a €3.6 billion equity transaction to establish a new ownership structure for its roughly 50% stake in Froneri, the global ice cream giant jointly owned with Nestlé.
Princes reveals IPO plans for London Stock Exchange to fuel growth
Italian-owned food group New Princes has unveiled plans for an initial public offering (IPO) on the London Stock Exchange, marking a major milestone in the company’s 135-year history.
Kerry opens biotechnology centre in Leipzig to drive food and beverage innovation
Kerry has officially opened its new biotechnology centre in Leipzig, Germany, expanding its global research and development footprint in biotechnology for the food, beverage and pharmaceutical sectors.
Zoe launches new crowdfunding campaign to expand microbiome research
Nutrition science company Zoe has announced the launch of a new equity crowdfunding campaign as it looks to accelerate its mission of transforming gut health at scale.
Anheuser-Busch invests $7.4m in Los Angeles brewery to fuel Michelob Ultra production
Anheuser-Busch has announced a new $7.4 million investment in its brewery in Los Angeles, California, to increase production of its Michelob Ultra beer and other brands.
The Original Baker expands production capacity with multi-million pound investment from Olidor Group
The Original Baker has announced a significant expansion at its North Malton, UK, facility, bolstered by a multi-million pound investment from Olidor Group.
The Protein Brewery raises €30m to fuel mycoprotein ingredient innovation
The Protein Brewery, a Dutch start-up innovating in fungi-based ingredients, has successfully closed a €30 million Series B funding round.
Revyve secures €24m to scale yeast-based egg alternatives
Revyve has raised nearly €24 million in Series B financing to accelerate the rollout of its functional yeast proteins, designed to replace eggs and additives in mainstream food categories.
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