The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

In a strategic pivot that could reshape its brand portfolio, Kraft Heinz is reportedly exploring the possibility of spinning off several of its slower-growing brands, including Velveeta and Oscar Mayer, as part of an effort to reverse the fortunes of its underperforming grocery division.

The Apax Global Impact Fund, managed by Apax Partners, has announced a strategic investment in Foods Connected, a supplier management platform under Hilton Food Group.

New established holiding company, Nexture, has officially launched today, marking a significant development in the food ingredients sector.

The Compleat Food Group has acquired Freshpak, a private-label producer specialising in added-value egg products, chilled food-to-go...

AG Barr, the Scottish beverage company known for its flagship product Irn-Bru, has acquired a majority stake in Innate-Essence Limited, the parent company of The Turmeric Co.

According to reports from major media outlets, including Bloomberg and Financial Times, Kraft Heinz Company is actively considering a significant restructuring that would involve spinning off a substantial portion of its grocery business, which includes several iconic Kraft products.

Ferrara Candy Company, a player in the US sugar confectionery market, has initiated exclusive discussions to acquire CPK Group, a French manufacturer and distributor of candies and chocolates.

The Australian Competition and Consumer Commission (ACCC) has announced it will not oppose Lactalis Group's' proposed acquisition of Fonterra Co-Operative Group's consumer, dairy ingredients and food service businesses.

The Ferrero Group has officially announced its acquisition of WK Kellogg Co, a move aimed at expanding its portfolio and enhancing its presence in the North American market.

Italian confectionery giant Ferrero, known for its brands like Nutella and Ferrero Rocher, is reportedly close to finalising a deal to acquire WK Kellogg, the maker of popular cereals such as Froot Loops and Frosted Flakes – a source has told Reuters.

In a move to streamline its operations and enhance focus on core product lines, Kraft Heinz has announced an agreement to sell its Italian infant and speciality food business to NewPrinces, a player in the European food and beverage sector.

Lallemand Bio-Ingredients has announced the acquisition of Solyve, a specialist in enzyme production, as part of its strategy to bolster its offerings in microbial solutions for the food and beverage sector.