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

Italian Wine Brands has agreed to sell its site in Valle Talloria, Italy, to Caffo Group, for the production of Caffo’s Cinzano Italian vermouth and sparkling wine brand.

Lipton Teas and Infusions has agreed to transfer ownership of its two tea processing factories in Türkiye’s Rize region to local tea producer Öz-Gür Çay, pending approval from local authorities.

Windoria, the new combined entity following the merger of La Doria and Winland Foods, has acquired Saudi Arabian sauce and condiment manufacturer Al-Fursan.

BASF has finalised the sale of its Food and Health Performance Ingredients business to Louis Dreyfus Company.

New Zealand dairy group Synlait Milk has agreed to sell its North Island operations to the local unit of US healthcare company Abbott Laboratories.

Kemin Industries, a global ingredient manufacturer, has acquired CJ Youtell Biotech, the enzymes and fermentation subsidiary of CJ Bio.

Ferrero has announced that its $3.1 billion acquisition of WK Kellogg has been completed, marking a new milestone in the company’s North America growth strategy.

UK food-tech company Clean Food Group has acquired the assets of algal oil producer Algal Omega 3 out of administration, including a 1 million-litre capacity fermentation facility.

SVZ International has announced the full integration of tropical fruit specialist Netra Agro into its core operations.

Heineken will acquire Florida Ice and Farm Company for $3.2 billion, taking full control of Distribuidora La Florida plus other beverage and retail assets.

Regal Foods, a global F&B group headquartered in the UK, has announced its acquisition of soft drinks brand Suncrest.

Danone has officially withdrawn its proposal to acquire Lifeway Foods, a player in the US kefir and probiotic beverage market.