The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
Keurig Dr Pepper receives $7bn investment to support business split and JDE Peet’s deal
Keurig Dr Pepper has received a $7 billion strategic investment, co-led by Apollo and KKR, to support its acquisition of JDE Peet’s alongside its split into two distinct businesses.
Bezos Earth Fund awards $2m to Food System Innovations to support sustainable protein development using AI
The Bezos Earth Fund is investing $30 million in projects focused on using AI to protect the planet, including more than $2 million on projects to support sustainable protein development.
Fonterra invests $75m in Clandeboye site to expand butter production
Dairy giant Fonterra has announced a $75 million investment to expand butter production at its Clandeboye site in South Canterbury, New Zealand.
Freshways announces £25m investment in new UK dairy processing hub
Freshways, one of the UK’s largest independent dairy suppliers, has unveiled plans for a £25 million investment in a state-of-the-art dairy processing facility in West Bromwich.
Dutch start-up Hulo raises €2.3m to advance AI-driven water leak detection
Hulo, a Netherlands-based water technology company developing AI tools to identify leaks in water networks, has raised €2.3 million in seed funding to support international growth.
Matr Foods raises €40m to scale up organic, fermented meat alternatives
Danish food-tech start-up Matr Foods has completed a €40 million fundraise to scale up the production of its organic, fermented plant-based meat alternatives.
Chobani secures $650m in funding to fuel US expansion plans
This capital infusion is aimed at supporting the company's ambitious expansion plans across the US, particularly in the dairy processing sector.
Floura secures $1m financing to transform fibre market
JPC, an asset-based lending firm dedicated to women-led businesses, has closed a $1mn line of credit to Floura, a next-gen fibre company founded by Jeni Britton.
Roberts Bakery's future secured through Boparan Private Office investment
Frank Roberts & Sons has been acquired by Boparan Private Office, securing the future of the 138-year-old Northwich bakery and preserving 433 jobs.
Arla Foods unveils upgrades to Lockerbie facility as part of £144m multi-year investment
Arla Foods is expanding its site in Lockerbie, Scotland, with a new UHT and lactose-free Centre of Excellence, as well as a new anaerobic digestion plant.
ADM opens new Central Milling Laboratory to enhance quality assurance in flour production
ADM has inaugurated its new North American Central Milling Laboratory at the Specialty Manufacturing Facility in Decatur, Illinois.
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