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

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

Fonterra has announced the launch of a new B2B wellbeing brand, called Nutiani, as it aims to become a leader in the nutrition science space.

Brown-Forman has reached an agreement to acquire ultra-premium gin brands Gin Mare and Gin Mare Capri from Vantguard and MG Destilerías. 

Danone has ended production of its Bonafont water brand in Brazil, including activities at its facility in Jacutinga, Minas Gerais. 

Pernod Ricard subsidiary Irish Distillers plans to build a €250m distillery in Midleton, Ireland, in order to meet growing demand. 

Burlington Capital Partners (BCP), a food-focused investment firm, has announced the acquisition of Sokol & Company for an undisclosed sum.

US carbon-neutral food company, Neutral Foods, has raised $12m in a Series A funding round led by Breakthrough Energy Ventures.

Starbucks has appointed Laxman Narasimhan as the company's next CEO – effective 1 October – succeeding interim CEO Howard Schultz.

Campbell Soup Company has reported a 1% rise in full-year net sales and said the business will "continue to make progress" in fiscal 2023.

Sainsbury's has announced that it is investing £65m into its pricing this month to ease pressure on consumers amid the rising cost of living.

Lorival Luz has resigned as CEO of meat company BRF and will be replaced by Marfrig Global Foods’ Miguel Gularte, according to Reuters.   

Walmart has offered to buy the remaining 47% stake in South African retailer Massmart for ZAR 6.4bn (approximately $379m).