The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Fieldless Farms raises CAD 17.5m in Series A funding
Canadian food company Fieldless Farms has raised CAD 17.5 million (approx. $13.4 million) in a Series A funding round led by Forage Capital Partners.
Diageo to construct €200 million carbon-neutral brewery in Ireland
Diageo has announced plans to invest €200m in a carbon-neutral brewery in Kildare, Ireland, which aims to be powered using 100% renewable energy.
Transcend Packaging and Zume partner to expand moulded fibre products
UK packaging company Transcend Packaging has partnered with Zume to enhance its moulded fibre production capacity in Europe.
Diageo to sell Guinness Cameroon business for £389m
Diageo has signed an agreement to sell its Guinness brewing operation in Cameroon to French beverage company Castel Group for £389m.
Tyson Foods invests $90m in Mississippi plant
Tyson Foods has completed a $90m expansion of its Forest, Mississippi, plant as it aims to boost its chicken production capacity.
Oatbox raises CAD 7m in funding
Oatbox has raised CAD 7 million (approx. $5.4 million) to support the production and development of Canadian organic oat milk.
Kirin Holdings to sell stake in Myanmar Brewery for JPY 22.4bn
Kirin Holdings has agreed to sell its 51% stake in Myanmar Brewery back to the joint venture for JPY 22.4bn ($165.4m approx.).
Unilever sells Ben & Jerry's ice cream business in Israel
Unilever has sold off its Ben & Jerry's business in Israel to Avi Zinger, the owner of American Quality Products, the brand's current Israel-based licensee.
Nestlé Health Science to buy The Better Health Company
Nestlé Health Science has agreed to buy The Better Health Company, owner of Go Healthy and Egmont, from CDH Investments and founding shareholders.
Heineken to take control of Long Chuan Zuan Co brewery
Heineken has entered into an agreement with Sanyo Whisbih Group to take over majority ownership of the Long Chuan Zuan Co brewery in Taiwan.
Russian cheesemaker permitted to purchase PepsiCo's Wimm-Bill-Dann Beverages
The Federal Antimonopoly Service (FAS) of Russia has permitted cheesemaker Multipro TC to acquire PepsiCo-owned entity Wimm-Bill-Dann Beverages.
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