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

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Mergers & Acquisitions
Trigo raises $100m to expand autonomous retail platform

Trigo raises $100m to expand autonomous retail platform

Trigo has raised $100m in an equity financing round led by Temasek and 83North, as it aims to scale the deployment of autonomous urban supermarkets.

Beverage
Bobbie launches R&D hub to enhance infant nutrition

Bobbie launches R&D hub to enhance infant nutrition

Bobbie has announced the launch of a new research and development hub that is dedicated to enhancing infant nutrition, called Bobbie Labs.

Mergers & Acquisitions
Unilever delivers 10.6% sales growth amid "mixed" global macroeconomic outlook

Unilever delivers 10.6% sales growth amid "mixed" global macroeconomic outlook

Unilever has posted underlying sales growth of 10.6% for its third quarter, driven by price hikes which had "only a limited impact on volume".

Mergers & Acquisitions
Bega Cheese CEO Paul van Heerwaarden to step down

Bega Cheese CEO Paul van Heerwaarden to step down

Bega Cheese has announced that Paul van Heerwaarden has decided to step down after nearly six years as CEO, with Pete Findlay set to succeed him.

Mergers & Acquisitions
Campari Group acquires minority stake in Catalyst Spirits

Campari Group acquires minority stake in Catalyst Spirits

Campari Group has acquired a minority stake in global spirits incubator Catalyst Sprits, a shareholder in Howler Head banana-flavoured bourbon.

Mergers & Acquisitions
Strong Asia sales help drive 11.6% organic revenue growth for Carlsberg in Q3

Strong Asia sales help drive 11.6% organic revenue growth for Carlsberg in Q3

Carlsberg has posted organic revenue growth of 11.6% for its third quarter, after it was boosted by strong demand in Asia.

Beverage
China Resources Beer unit to acquire baijiu maker for $1.7bn

China Resources Beer unit to acquire baijiu maker for $1.7bn

A unit of China Resources Beer has agreed to acquire a 55.19% stake in Guizhou Jinsha Jiaojiu Winery Industry for RMB 12.3bn (approx. $1.7bn).

Mergers & Acquisitions
Ausnutria Dairy buys 50% stake in Dutch cheese producer Amalthea

Ausnutria Dairy buys 50% stake in Dutch cheese producer Amalthea

Amalthea and Ausnutria had already been working together prior to the deal; however, the acquisition will allow the companies to combine their strengths.

Mergers & Acquisitions
Abbott to invest $500m in infant formula facility

Abbott to invest $500m in infant formula facility

Abbott Nutrition has announced plans to build a $500m nutrition facility in the US for speciality and metabolic infant formulas.

Mergers & Acquisitions
Fonterra unveils wastewater processing investment at Te Awamutu site

Fonterra unveils wastewater processing investment at Te Awamutu site

Fonterra has announced an investment to improve wastewater processing at its Te Awamutu site in New Zealand's Waikato region.

Mergers & Acquisitions
Lamb Weston to take full control of European JV

Lamb Weston to take full control of European JV

Lamb Weston is paying Meijer Frozen Foods €700m for the remaining 50% share in the business, comprising €525m in cash and €175m of its common stock. 

Food
Nestlé raises sales guidance after price hikes boost nine-month results

Nestlé raises sales guidance after price hikes boost nine-month results

The packaged food giant has also announced plans to acquire the Seattle's Best Coffee brand from its Global Coffee Alliance partner, Starbucks.

Food
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