The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
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Funding & Investments
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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