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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
Lucas Bols and De Kuyper to sell Avandis to Refresco for €25m

Lucas Bols and De Kuyper to sell Avandis to Refresco for €25m

Lucas Bols and De Kuyper Royal Distillers have entered into an agreement to sell their alcoholic beverage business Avandis to Refresco for €25m.

Beverage
TricorBraun to buy German glass packaging distributor Gläser & Flaschen

TricorBraun to buy German glass packaging distributor Gläser & Flaschen

TricorBraun has signed an agreement to acquire German glass packaging distributor, Gläser & Flaschen, for an undisclosed amount.

Mergers & Acquisitions
Orkla Food Ingredients acquires majority stake in Denali Ingredients

Orkla Food Ingredients acquires majority stake in Denali Ingredients

Orkla Food Ingredients has entered into an agreement to buy 84% of the shares in US ice cream ingredients business, Denali Ingredients.

Mergers & Acquisitions
Brown-Forman to purchase Diplomático Rum brand

Brown-Forman to purchase Diplomático Rum brand

Brown-Forman has entered into an agreement to purchase the Diplomático Rum brand and related assets from Destillers United Group.

Beverage
Asahi acquires Australian adult soft drinks brand StrangeLove

Asahi acquires Australian adult soft drinks brand StrangeLove

Asahi Beverages has announced the acquisition of Australia-based adult soft drinks brand, StrangeLove, for an undisclosed sum.

Beverage
Hilmar Cheese breaks ground on $600m Kansas facility

Hilmar Cheese breaks ground on $600m Kansas facility

Hilmar Cheese Company has announced it has broken ground on a $600m cheese and whey protein processing plant in Dodge City, Kansas.

Mergers & Acquisitions
Epigamia raises INR 350m in debt funding

Epigamia raises INR 350m in debt funding

Indian yogurt brand Epigamia has raised debt funding of INR 350m (approx. $4.3m) from Grand Anicut Fund.

Beverage
HKScan CEO Tero Hemmilä steps down

HKScan CEO Tero Hemmilä steps down

HKScan Corporation has announced that its chief executive officer, Tero Hemmilä, will step down from his position, effective immediately.

Mergers & Acquisitions
Lamipak to invest over $400m in site expansion

Lamipak to invest over $400m in site expansion

Lamipak is investing over $400 million to expand its facility in Kunshan, China to help the company meet growing demand for aseptic packaging.

Mergers & Acquisitions
Bubs Australia enters agreement for goat milk infant formula in China

Bubs Australia enters agreement for goat milk infant formula in China

Bubs Australia has entered into a binding agreement with Heilongjiang Ubeite Dairy Group to produce and distribute its goat milk infant formula in China.

Mergers & Acquisitions
Lactalis Canada adds Khaas yogurt brand to portfolio

Lactalis Canada adds Khaas yogurt brand to portfolio

Lactalis has introduced a new speciality yogurt brand, called Khaas, in a move to strengthen its position in the ethnic yogurt category.

Mergers & Acquisitions
Diageo buys cold brew coffee liqueur brand Mr Black

Diageo buys cold brew coffee liqueur brand Mr Black

Diageo purchased a minority stake in Mr Black in 2015, through the company-backed accelerator programme, Distill Ventures.

Beverage
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