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

Chinese tea chain Chagee is pressing ahead with plans to raise nearly $400 million in a US initial public offering this week, according to the Financial Times.

Dairy cooperative Arla Foods has begun work on its £179m mozzarella plant in Devon, UK.

The Ryl Company, owner of functional iced tea brand Ryl Tea, has secured $15m in Series B funding to fuel its innovation and expansion across the US.

Ferrero Group has made a substantial $445 million investment to expand its production facility in Brantford, Ontario in Canada. This expansion is expected to create approximately 500 new jobs and enhance the company's manufacturing capabilities in the region.

Olam Group has today revealed plans to invest $500m into its food ingredients business and divest all its other assets over time.

Beneo has opened its first pulse-processing plant in Obrigheim, Germany, following an investment of around €50 million by its parent company, the Südzucker Group.

US-based RTD sparkling soju brand Hello Soju has announced the closing of a $6.8m funding round, set to accelerate the brand’s innovation.

Dairy solutions provider Gemak UK has announced the completion of a new whey, milk and cream processing facility for South Caernarfon Creameries (SCC) in Wales.

This investment aims to establish the site as a global centre of excellence for the iconic chocolate brand, which has been produced in Bern since 1908.

Lantmännen has been granted a €50m loan from the European Investment Bank to co-finance a new pea protein production facility.

Starday, a US-based, AI-driven food innovation company, has successfully completed an $11 million Series A funding round.

Bezos Earth Fund and Global Methane Hub have joined forces to cut livestock emissions through natural, science-backed breeding methods.