The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Walmart offers to buy remaining stake in Massmart
Walmart has offered to buy the remaining 47% stake in South African retailer Massmart for ZAR 6.4bn (approximately $379m).
BASF to sell baking enzymes business to Lallemand
BASF has announced an agreement to sell its Nutrilife baking enzymes portfolio and business to Lallemand subsidiary, Danstar Ferment.
Kraft Heinz agrees to sell B2B powdered cheese business to Kerry
Kraft Heinz has entered into a definitive agreement to sell its business-to-business powdered cheese business to Kerry Group.
Mondi opens recycling lab to test paper product recyclability
Packaging manufacturer Mondi has announced the opening of the company's first recycling laboratory at its Frantschach mill in Austria.
Camil Alimentos acquires PepsiCo biscuit assets
Camil Alimentos has agreed to purchase several biscuit brands from PepsiCo Brasil, including the Mabel, Doce Vida, Mirabel, Elbi's and Pavesino brands.
Mikkeller to close US brewing facility
Mikkeller has announced that it will close its US brewing facility in San Diego, after a “difficult current rising cost environment.”
Molson Coors returns commercial operations of Superbird to parent Casa Komos
Molson Coors is returning the commercial operations of Superbird, a 100% blue agave tequila-based canned cocktail, back to its parent company, Casa Komos.
Rabobank publishes Global Dairy Top 20 report
Banking and financial services company, Rabobank, has published its annual Global Dairy Top 20, highlighting the 2022 industry leaders for the dairy sector.
Amcor buys flexible packaging plant in Czech Republic
Responsible packaging solutions company, Amcor, has purchased a "world-class" flexible packaging plant in the Czech Republic.
Five Star acquires vending machine supplier Elite Vending
Five Star Food Service has completed the acquisition of US vending machine supplier, Elite Vending Company, for an undisclosed sum.
Campari acquires minority stake in Catalyst Spirits' Howler Head bourbon
Campari has announced the closing of an agreement with Catalyst Spirits to acquire a 15% interest in Howler Head whiskey, with a route to total ownership.
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