The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
Treasury Wine Estates opens $9.8m ‘low and no’ winemaking facility in South Australia
Treasury Wine Estates has opened a new in-house facility, backed by an AUD 15m (approx. $9.8m) investment, dedicated to ‘low and no’ alcohol wine production in the Barossa Valley, South Australia.
Arla Foods invests €34.5m in new skyr production line in Sweden
Arla Foods is investing €34.5 million in a new skyr production line in Linköping, Sweden, to meet rising demand for the high-protein product.
Cargill invests $90m in automation at Colorado beef plant
Cargill is investing nearly $90 million in automation and technology upgrades at its Fort Morgan, Colorado beef facility as part of its 'Factory of the Future' initiative.
Nordic Foodtech hits €40m first closing of second fund
Nordic Foodtech VC has announced the first closing of its second fund at €40m, with the final target size for the fund set at €80m. The...
InvestBev makes six-figure investment in Lucky Energy Drinks as part of expansion into functional and wellness market
Adult beverage private equity firm InvestBev has announced a six-figure investment in clean energy drink brand Lucky Energy Drinks.
Geary’s Bakery invests £36m in new sourdough factory
Geary’s Bakery, the family-run business behind Jason’s Sourdough, has unveiled a new £36 million custom-built bakery in Leicester, UK, to meet the rising nationwide demand for artisanal bread.
US protein bar brand David secures $75m in Series A round, acquires food-tech group Epogee
US-based food brand David has secured $75 million in a Series A funding round led by Greenoaks, with participation from Valor Equity Partners.
Nestlé to invest BRL 500m in Brazil’s Nescafé site
Nestlé has announced a BRL 500 million (approx. $88.3 million) investment in Brazil through 2028 to expand its coffee production, grow its fleet of Nestlé Professional machines and accelerate innovation in response to changing consumer habits.
JBS USA to invest $135m in new sausage plant in Iowa
JBS USA has announced plans to invest $135 million to build a new sausage production facility in Perry, Iowa.
Arca Continental opens MXN 1.4bn distribution centre in Jalisco
Arca Continental has opened a new distribution centre in Tonalá, Jalisco, following a MXN 1.4 billion (approx. $72.4 million) investment.
Final Boss Sour secures $4m in seed funding, expands product line with tropical flavours
Final Boss Sour, a gaming-themed snack brand known for its healthier sour alternatives, has announced the successful completion of a $4 million Seed 2 funding round.
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