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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
Cooke acquires Belgian shrimp processor Morubel

Cooke acquires Belgian shrimp processor Morubel

Canadian seafood company Cooke has acquired Belgian shrimp processor Morubel from independent investment company Bencis Capital Partners.

Business
Premium Brands buys two protein companies for CAD 86.5m

Premium Brands buys two protein companies for CAD 86.5m

Premium Brands Holdings has announced the acquisitions of protein companies King’s Command and Golden Valley Farms in its second-quarter results.

Business
Lion sells UK operations to Odyssey Inns

Lion sells UK operations to Odyssey Inns

Kirin Holdings subsidiary Lion has announced the sale of its UK operations, including the Magic Rock and Fourpure brands, to Odyssey Inns.

Beverage
Boisson raises $12m in seed round

Boisson raises $12m in seed round

US non-alcoholic beverage retailer, Boisson, has raised a $12m seed round, which was co-led by Connect Ventures and Blue Scorpion Investments.

Beverage
Katjes International buys panettone producer Paluani

Katjes International buys panettone producer Paluani

Katjes International, a German confectionery company, has acquired Italian panettone producer, Paluani, after it filed for bankruptcy last year.

Business
Snacks help drive 8.7% net sales growth for Kellogg in Q2

Snacks help drive 8.7% net sales growth for Kellogg in Q2

Kellogg Company has posted Q2 net sales growth of 8.7% to $3.86bn, driven by positive price/mix and momentum in snacks, noodles and cereal.

Business
Afresh raises $115m in Series B funding round

Afresh raises $115m in Series B funding round

US fresh food technology provider, Afresh, has raised $115m in a Series B funding round led by venture capital business, Spark Capital.

Food
Tyson Foods breaks ground on $180m expansion project at Illinois facility

Tyson Foods breaks ground on $180m expansion project at Illinois facility

Tyson is investing $180 million to expand its Caseyville, Illinois, plant by 170,000 square feet. The expansion will also create more than 250 new jobs.

Business
Louis Dreyfus opens soy liquid lecithin plant in Indiana

Louis Dreyfus opens soy liquid lecithin plant in Indiana

Louis Dreyfus Company Agricultural Industries has announced the opening of its new soy liquid lecithin facility in Claypool, Indiana, US.

Business
Bel acquires majority stake in Shandong Junjun Cheese

Bel acquires majority stake in Shandong Junjun Cheese

Bel Group has acquired a 70% stake in Chinese cheese producer, Shandong Junjun Cheese Co, as it aims to accelerate its growth in China.

Business
Nestlé posts 8.1% organic sales growth driven by price increases

Nestlé posts 8.1% organic sales growth driven by price increases

Nestlé has posted organic sales growth of 8.1% for the first half of 2022, after its results were boosted by higher prices.

Beverage
Firmenich opens food and beverage pilot plant in California

Firmenich opens food and beverage pilot plant in California

Firmenich has announced the opening of its Taste & Beyond pilot plant in Anaheim, California, which aims to help customers prepare for scaled-up production.

Beverage
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