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

Nespresso has promoted its chief brand officer, Anna Lundstrom, to chief executive officer for the UK and Republic of Ireland.

US aluminium packaging provider, Ball Corporation, has sold its beverage packaging business in Russia to Arnest Group for $530m.

Listen to this exclusive podcast interview with Know Ice and Procubitos Europe. FoodBev is joined by Ivan Villalba, director Americas and globalisation.

Fonterra has decided not to sell a stake in its Australian business, a decision that could reduce the NZD 1bn in returns slated for shareholders.

General Mills has reported a 4% increase in net sales to $4.7bn and 29% rise in operating profit to $1.1bn in its first-quarter fiscal 2023 results.

Dairy Farmers of America will receive a grant of up to $45m from USDA to reduce its methane emissions and develop low-carbon dairy products.

Primo Water Corporation has announced the acquisition of two French spring water companies, Eureau Sources and Defeaus, for an undisclosed sum.

Baker & Baker has expanded its Portuguese footprint with the acquisition of Peipen, a Portuguese producer of authentic pastel de nata.

The Green Coffee Company has initiated a $100 million Series C funding round as it looks to expand its coffee production.

Lavazza Professional has unveiled a 24/7 self-service micro café – Moments by Lavazza Professional – for workplaces in the UK.

Doves Farm Foods, the UK-based cereal and baking ingredients business, has purchased the Wessex Mill flour brand from Clarks (Wantage).

Israeli food technology start-up, BioBetter, has secured $10m in a series A funding round led by Jerusalem Venture Partners.