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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
Fonterra announces NZD 150m investment into facilities in Taranaki, New Zealand

Fonterra announces NZD 150m investment into facilities in Taranaki, New Zealand

Fonterra is investing a further NZD 150m into its operations, building a new cool store at its Whareroa site in Taranaki, New Zealand.

Dairy
The Coca-Cola System to invest a further $1bn in Nigeria

The Coca-Cola System to invest a further $1bn in Nigeria

The Coca-Cola System in Nigeria has announced plans to expand its investments in Nigeria over the next five years, with a further $1bn.

Funding & Investments
Veetee Foods to invest $36m in new North Carolina facility, creating 200 jobs

Veetee Foods to invest $36m in new North Carolina facility, creating 200 jobs

Veetee Foods, a global producer of ready-to-eat rice meals, plans to open a new production facility in Selma, North Carolina, US.

Funding & Investments
Bimbo Canada to close bakery in Québec City, affecting 141 workers

Bimbo Canada to close bakery in Québec City, affecting 141 workers

Bimbo Canada has announced the closure of its Québec City bakery by the end of the year.

Bakery
Standing Ovation raises €3.75m, names new CEO

Standing Ovation raises €3.75m, names new CEO

French precision-fermented protein start-up Standing Ovation has raised €3.75 million in a Series A+ funding round.

Dairy
Daily Crunch secures $4m in Series A funding to expand sprouted nut snack line

Daily Crunch secures $4m in Series A funding to expand sprouted nut snack line

Daily Crunch, a rapidly growing player in the snack food sector, has successfully closed a $4m funding round led by Launch Tennessee.

Funding & Investments
Nestlé to establish SAR 270m food plant in Saudi Arabia

Nestlé to establish SAR 270m food plant in Saudi Arabia

The facility, to be built in Jeddah’s Third Industrial City, will represent an investment of SAR 270 million (approx. $72 million).

Business
Elopak invests further $25m to boost capacity at new US plant

Elopak invests further $25m to boost capacity at new US plant

Packaging firm Elopak has revealed plans to expand its capacity at its Little Rock production plant in a bid to accelerate growth. The...

Funding & Investments
RTD cocktail brand MOTH completes £4.6m investment round

RTD cocktail brand MOTH completes £4.6m investment round

British ready-to-drink bar-strength cocktail brand MOTH has closed a £4.6 million investment round led by venture capital firm Beringea.

Funding & Investments
Cal-Maine Foods injects $6.75m into Crepini JV

Cal-Maine Foods injects $6.75m into Crepini JV

Cal-Maine Foods has completed a strategic investment with Crepini, establishing a new egg products and prepared foods joint venture....

Business
Aldi to invest £800m in the UK over the next year

Aldi to invest £800m in the UK over the next year

Supermarket giant Aldi has announced plans to invest £800 million over the next year to accelerate its expansion across the UK.

Funding & Investments
Odyssey secures $6m investment amid growth in functional beverage sector

Odyssey secures $6m investment amid growth in functional beverage sector

Functional beverage brand Odyssey has completed a $6m equity funding round, marking a significant milestone in its growth trajectory.

Funding & Investments
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