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

Fonterra has unveiled a revised strategic framework aimed at bolstering its focus on high-performing ingredients and foodservice segments.

DSM-Firmenich has finalised the sale of its MEG-3 fish oil business to KD Pharma Group.

Nissin Foods has acquired 100% of the shares of ABC Pastry for AUD 33.7 million (approx. $23.26 million).

Azelis has acquired Hortimex, a Polish speciality chemicals distributor active in the food ingredients and nutraceuticals segments.

Diageo has acquired non-alcoholic spirits brand Ritual Zero Proof, as part of its strategy to meet growing demand for alcohol alternatives.

Danone SA has made a non-binding proposal to acquire Lifeway Foods, a producer of kefir and probiotic products, for approx. $283 million.

Scotland-based international spirits company Edrington has revealed plans to sell its The Famous Grouse and Naked Malt brands.

Mondelēz International has announced plans to acquire a majority stake in Evirth, a Chinese manufacturer of cakes and pastries

Ricola Group is set to expand its production capabilities by acquiring a manufacturing plant in Lenzburg from Hero Group.

Campari Group has acquired a 14.6% minority stake in Capevin, a South African company that indirectly owns CVH Spirits.

Swiss food manufacturer Hero Group has acquired British plant-based food brand Deliciously Ella.

Unbranded Brewing Co, a brewery in Hialeah, Florida, has ceased operations and is liquidating its assets through an online auction.