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

Italian dairy group Granarolo has announced the acquisition of a 60% stake in mozzarella maker Industria Latticini G. Cuomo.

Emmi Group has agreed to sell its 25% stake in Italian cheese manufacturer Ambrosi to Lactalis Group for an undisclosed amount.

France's Compagnie Léa Nature has completed the acquisition of a 60% interest in Bio Organica Italia and Bio Organica Farm.

Olam Food Ingredients (OFI) has announced the completion of its acquisition of Club Coffee for CAD 150m (approx. $116.5m).

Sustainable drinking water technology company, Source Global, has raised $130m in equity financing co-led by Breakthrough Energy Ventures and Drawdown Fund.

Beam Suntory, along with Edrington, has reached an agreement to sell the Maxxium Russia joint venture business to the local management team.

Meati Foods, a provider of plant-based meats made from mushroom root, has raised $150m as it looks to strengthen its position in the US market.

Arva Flour Mills has announced the acquisition of the Red River Cereal brand from Smucker Foods of Canada, a subsidiary of The JM Smucker Co.

The Waste & Resources Action Programme (WRAP) has announced that Marcus Gover will step down as CEO and will leave the charity at the end of the year.

Israeli start-up Better Juice has partnered with GEA to launch a new pilot facility for juice manufacturers to test their sugar-reduction technology.

Royal Unibrew has entered into an agreement to purchase Canada-based Amsterdam Brewery Co for CAD 44 million (approx. $34 million).

Hong Kong- and UK-based conglomerate, Swire Pacific, has reached an agreement to acquire Coca-Cola bottling businesses in Vietnam and Cambodia.