The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
University of Edinburgh start-up develops 'smart' plastic to combat ocean pollution
A start-up from Edinburgh University has developed a plastic that self-destructs in marine environments without generating microplastics.
Cargill expands cocoa production in Indonesia to cater to growing Asian market
Cargill has launched a new cocoa production line at its processing plant in Gresik aimed at meeting demand for indulgent products in Asia.
Moët Hennessy buys minority stake in alcohol-free wine producer French Bloom
Moët Hennessy has acquired a minority stake in French Bloom, a producer of alcohol-free sparkling wines.
Kellanova injects £75m into British cereal production
Kellanova has announced plans to invest £75 million in its cereal factory in Wrexham, North Wales.
Lucky Energy raises $11.75m in oversubscribed Series A funding round
US energy drink company Lucky Energy has closed an oversubscribed $11.75m Series A funding round led by Brand Foundry Ventures.
Ferrero opens Illinois Kinder Bueno production facility
Ferrero North America has opened its new Kinder Bueno production facility in Bloomington, Illinois, US.
DSM-Firmenich finalises sale of yeast extract business to Lesaffre
DSM-Firmenich has completed the sale of its yeast extract business to Lesaffre for an undisclosed sum.
Mondelēz invests in UK doughnut start-up Urban Legend, targeting health-conscious consumers
Mondelēz International has invested in Urban Legend, a UK-based start-up specialising in healthier doughnuts and pastries.
Foreverland secures €3.4m to develop sustainable carob-based chocolate alternatives
Foreverland, an Italian food-tech start-up, has raised €3.4m in a seed round to create sustainable chocolate alternatives using carob.
CDPQ increases stake in Saputo with CAD 378m purchase
CDPQ has increased its stake in dairy company Saputo by purchasing shares for CAD 378 million (approx. $280 million).
Agrana and Raiffeisen Nö-Wien Invest €5m in FoodLabs fund to access agri-food innovations
Agrana and Raiffeisen-Holding Niederösterreich-Wien have announced a joint investment of €5million in the FoodLabs fund.
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