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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
Hormel Foods announces corporate restructuring, leadership changes and spin-off of Justin's nut butter business

Hormel Foods announces corporate restructuring, leadership changes and spin-off of Justin's nut butter business

Hormel Foods, the company behind brands such as Spam and Hormel Black Label Bacon, has announced a series of significant developments designed to position the business for long-term growth and operational efficiency.

Appointments
The Every Company raises $55m to scale precision-fermented egg proteins

The Every Company raises $55m to scale precision-fermented egg proteins

The Every Company has secured $55 million in Series D funding to expand manufacturing capacity and advance commercialisation of its precision-fermented egg proteins.

Funding & Investments
Cerealto takes majority stake in US manufacturer Fresca Foods

Cerealto takes majority stake in US manufacturer Fresca Foods

European food manufacturer Cerealto, a producer of biscuits, cereals and snack bars, has announced a majority investment in US-based co-manufacturer Fresca Foods.

Mergers & Acquisitions
Campari's controlling shareholder has €1.2bn shares seized over alleged tax evasion

Campari's controlling shareholder has €1.2bn shares seized over alleged tax evasion

Lagfin, which owns over 50% of the global drinks giant The Campari Group, has had over €1.2 billion worth of shares seized by Italian authorities amid allegations of tax evasion.

Beverage
Radnor Hills invests £5m in new Tetra Pak line to boost production capacity

Radnor Hills invests £5m in new Tetra Pak line to boost production capacity

Welsh soft drinks manufacturer Radnor Hills has completed a £5 million investment at its Knighton, Powys site, installing the UK’s first Tetra Pak speed portion pack line with the latest technology upgrade.

Funding & Investments
Princes Group valued at £1.16bn as it joins London Stock Exchange

Princes Group valued at £1.16bn as it joins London Stock Exchange

Princes Group has priced its initial public offering (IPO) at 475 pence per share, valuing the business at approximately £1.16 billion as it joins the main market of the London Stock Exchange (LSE).

Finance
Mr Kipling invests £2.1m in solar farm to power Carlton bakery

Mr Kipling invests £2.1m in solar farm to power Carlton bakery

Premier Foods' Mr Kipling brand has completed a £2.1 million solar energy investment at its Carlton Bakery in South Yorkshire, UK.

Funding & Investments
Kraft Heinz unveils $300m in US promotions as consumer spending decreases

Kraft Heinz unveils $300m in US promotions as consumer spending decreases

In its latest earnings call, Kraft Heinz says it will boost US promotional spend by $300m to tackle economic challenges and prepare for its planned 2026 company split.

Finance
Fresh Del Monte and Church Brothers Farms align in packaging deal

Fresh Del Monte and Church Brothers Farms align in packaging deal

Fresh produce companies, Fresh Del Monte and Church Brothers Farms, have announced a strategic agreement involving the sale and transfer of key assets from Fresh Del Monte’s Mann Packing business.

Mergers & Acquisitions
Brownes Dairy expands into the UK with Hunt and Brew cold brew facility

Brownes Dairy expands into the UK with Hunt and Brew cold brew facility

Cold brew coffee brand Hunt and Brew has become the first Australian dairy company to establish manufacturing operations in the UK.

Dairy
Keurig Dr Pepper receives $7bn investment to support business split and JDE Peet’s deal

Keurig Dr Pepper receives $7bn investment to support business split and JDE Peet’s deal

Keurig Dr Pepper has received a $7 billion strategic investment, co-led by Apollo and KKR, to support its acquisition of JDE Peet’s alongside its split into two distinct businesses.

Beverage
Bezos Earth Fund awards $2m to Food System Innovations to support sustainable protein development using AI

Bezos Earth Fund awards $2m to Food System Innovations to support sustainable protein development using AI

The Bezos Earth Fund is investing $30 million in projects focused on using AI to protect the planet, including more than $2 million on projects to support sustainable protein development.

Food
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