The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
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.
Brownes Dairy expands into the UK with Hunt and Brew cold brew facility
Cold brew coffee brand Hunt and Brew has become the first Australian dairy company to establish manufacturing operations in the UK.
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 $45m 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.
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