The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
JPL Flavours unveils £11m headquarters in Wirral, UK
JPL Flavours, the UK's only flavourist-owned flavour house, has officially opened the doors to its new headquarters in Bromborough, Wirral, marking a milestone in the company's growth trajectory.
Red Bull, Rauch and Ball Corp to build $1.5bn beverage campus in North Carolina
Red Bull, Rauch and Ball Corp are set to break ground on a $1.5bn manufacturing and distribution campus at the former Philip Morris site in North Carolina.
NoPalm Ingredients and Nizo launch demo factory for sustainable yeast oil production
Biotech company NoPalm Ingredients has partnered with Nizo Food Research to establish the first demonstration factory dedicated to the production of sustainable yeast oils.
Xampla receives $14m investment to accelerate plant-based plastic alternatives
Xampla, a UK-based start-up developing plastic alternative materials made from plants, has received $14 million in private capital.
EU invests €2.2m into project to accelerate plant-based food adoption
The European Union (EU) has invested €2.2 million into a project to encourage the growth and adoption of plant-based food across Europe.
Elliott Management takes $4bn stake in PepsiCo, urges strategic overhaul
In a bold move signalling potential upheaval within PepsiCo, Elliott Management has disclosed a substantial $4 billion investment in the beverage and snack giant.
Taaleri Bioindustry invests €10m in dairy alternatives manufacturer Finnish Food Factory
Taaleri Bioindustry – a bioeconomy growth investor under the Finnish Taaleri Group investment firm – has injected €10 million into plant-based dairy alternative manufacturer Finnish Food Factory.
Painterland Sisters secures funding to drive growth in health-conscious dairy market
Painterland Sisters, a dairy brand founded by fourth-generation farmers, has closed its seed funding round, attracting significant investments from prominent angel groups
818 Tequila expands portfolio with new miniatures, strategic investment and CEO
818 Tequila has launched its new product line, 818 Minis, alongside a strategic investment from Grupo Solave, one of Mexico’s largest family-owned agave producers.
Collateral Good takes over management of €100m sustainable food fund
Sustainable investment firm Collateral Good has been appointed to manage a €100 million Sustainable Food Fund, formerly known as Blue Horizon Venture I.
General Mills invests $54m to expand Minnesota innovation centre
General Mills will invest $54 million to expand its James Ford Bell Technical Center in Golden Valley, Minnesota, in what is said to be the largest upgrade in the facility’s history.
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