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

PepsiCo has entered into an agreement to purchase a minority stake in Romanian spring water company, Aqua Carpatica, for an undisclosed sum.

Heineken has posted revenue growth of 37% in its half-year results and said it "grew ahead of the industry in more than half of our markets".

US bakery business Klosterman Baking Company has been acquired by an affiliate of private equity investment firm, New Water Capital.

PepsiCo has announced a $550m investment in Celsius Holdings to become the long-term US distributor of the brand's energy drinks.

Diageo has recorded a 21.4% increase in its full-year revenue, driven by strong organic net sales growth across all regions.

Canpack will invest approximately BRL 710m (approx. $140m) to build a new aluminium beverage can facility in Poços de Caldas, Minas Gerais, Brazil.

Danone has reported a "strong first half," after recording €13.33bn in net sales, up 7.4% on a like-for-like (LFL) basis.

US non-alcoholic aperitif company, De Soi, has raised $4m in a seed funding round led by Willow Growth, to expand its retail footprint.

Azkoyen has acquired Spanish coffee machine company, Ascaso, for €17m, accelerating its leadership position in the OCS, HoReCa and vending segments.

Nestlé has announced the opening of a $340m Nescafé coffee facility in Veracruz, Mexico, creating 1,200 new jobs in the region.

Canadian superfood latte company, Blume, has secured CAD 2m (approx. $1.6m) in an oversubscribed capital raise, as it looks to further expand in the US.

Unilever has recorded underlying sales growth of 8.8% in its Q2 results, amid "the challenges of high inflation and slower global growth".