The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
NoPalm Ingredients secures €5m to scale up palm oil alternative
Dutch biotech start-up NoPalm Ingredients has closed a €5 million seed funding round led by venture capital firm Rubio Impact Ventures.
Thai Beverage to divest real estate assets in share swap arrangement, as stated by Reuters
Thai Beverage (ThaiBev), Southeast Asia's largest brewer, has announced plans to shift its focus exclusively to food and beverage.
Lidl to invest £1.5bn in British beef production
UK supermarket giant Lidl GB has unveiled plans to invest £1.5 billion in the British beef industry over the next five years.
Digestiva secures $18.4m in Series A funding to advance protein enzyme technology
Digestiva, a biotechnology firm specialising in enzyme development for the food industry, has completed a funding round, raising $18.4m.
Morinaga to build $130m facility in North Carolina
The new factory will be built in Mebane, North Carolina, with an investment of over $130 million.
Plenty and Mawarid to invest $130m in Abu Dhabi vertical farm
The joint venture will invest over AED 500 million ($130 million) in an indoor vertical farm in Abu Dhabi.
GoodMills Innovation increases capacity for plant-based ingredient production at Hamburg site
GoodMills Innovation has increased its capacity for plant-based ingredients with the expansion of its site in Hamburg, Germany.
NovoNutrients raises $18m to scale carbon capture and protein production
NovoNutrients, a biotech company transforming CO2 emissions into premium protein, has announced the successful first closing of a $18...
Pernod Ricard to sell international wines portfolio to Accolade Wines owner
Pernod Ricard has announced the sale of its international strategic wine brands to Australian Wine Holdco.
Coca-Cola HBC secures $130m loan to boost sustainable investments in Egypt
Coca-Cola HBC has secured a $130m loan from the European Bank for Reconstruction and Development to support ongoing investments in Egypt.
PepsiCo completes $33.5m warehouse in Romania
PepsiCo has opened an automated warehouse worth $33.5 million at its snacks factory in Popești-Leordeni, Romania.
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