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

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Funding & Investments
Danone Canada announces record investment in Boucherville plant to expand yogurt production

Danone Canada announces record investment in Boucherville plant to expand yogurt production

Danone Canada has announced a major investment to expand its flagship Boucherville plant, said to be its largest investment made in the country.

Dairy
UK government urged to invest £150m in alternative protein innovation

UK government urged to invest £150m in alternative protein innovation

GFI Europe is calling on the UK government to bolster its commitment to alternative proteins by investing £150m as part of the National Food Strategy.

Funding & Investments
CSM Ingredients opens £3m UK product development centre in Cheshire

CSM Ingredients opens £3m UK product development centre in Cheshire

CSM Ingredients Group has opened a new £3 million product development centre in Cheshire, expanding its UK footprint with a facility designed to support customer-led innovation across the bakery and wider food industry.

Manufacturing
Ball Corporation invests $60m to expand aluminium can production in India

Ball Corporation invests $60m to expand aluminium can production in India

Ball Corporation is expanding its manufacturing footprint in India with a new investment of around $60 million in its Sri City facility in Andhra Pradesh.

Packaging
Caraway Tea expands operations with new Poughkeepsie facility

Caraway Tea expands operations with new Poughkeepsie facility

Caraway Tea Company, a US manufacturer and co-packer of premium teas, wellness blends and supplement-infused beverages, has announced its relocation to a new, larger facility in Poughkeepsie, New York.

Funding & Investments
Functional mushroom start-up Kääpä Biotech secures €9m investment

Functional mushroom start-up Kääpä Biotech secures €9m investment

Kääpä Biotech, a Finnish start-up specialising in functional mushroom ingredients, has successfully secured a €9 million strategic investment.

Food
Lucky Energy secures $25m in oversubscribed Series B round to fund nationwide expansion

Lucky Energy secures $25m in oversubscribed Series B round to fund nationwide expansion

US-based clean energy drink brand Lucky Energy has closed an oversubscribed $25 million Series B funding round.

Funding & Investments
Diageo commits £5m to restore Scotland’s peatlands and futureproof Scotch whisky

Diageo commits £5m to restore Scotland’s peatlands and futureproof Scotch whisky

Diageo has announced a £5 million investment over the next five years to restore up to 3,000 hectares of degraded peatland across Scotland.

Beverage
Coca-Cola Consolidated buys back $2.4bn stake from the Coca-Cola Company

Coca-Cola Consolidated buys back $2.4bn stake from the Coca-Cola Company

Coca-Cola Consolidated has repurchased all outstanding shares of its common stock previously owned by a subsidiary of the Coca-Cola Company.

Funding & Investments
Trip valued at $300m following latest $40m investment round

Trip valued at $300m following latest $40m investment round

Functional beverage brand Trip has reached a $300 million valuation after securing $40 million in new funding from a roster of celebrity investors and growth-stage capital partners.

Beverage
Primo Brands breaks ground on new Mountain Valley Spring Water facility in Arkansas

Primo Brands breaks ground on new Mountain Valley Spring Water facility in Arkansas

Primo Brands Corporation has broken ground on a new production facility in Hot Springs, Arkansas, to expand capacity for its premium bottled water brand, The Mountain Valley.

Funding & Investments
Atlantic Fish Co secures $1.2m funding to advance cultivated whitefish

Atlantic Fish Co secures $1.2m funding to advance cultivated whitefish

Food-tech start-up Atlantic Fish Co has closed its seed financing round, raising $1.2 million to accelerate development of its cultivated seafood platform.

Finance
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