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

A unit of China Resources Beer has agreed to acquire a 55.19% stake in Guizhou Jinsha Jiaojiu Winery Industry for RMB 12.3bn (approx. $1.7bn).

Amalthea and Ausnutria had already been working together prior to the deal; however, the acquisition will allow the companies to combine their strengths.

Abbott Nutrition has announced plans to build a $500m nutrition facility in the US for speciality and metabolic infant formulas.

Ferrero-owned Fannie May has introduced two new chocolate offerings: Fannie May Premium Chocolate Bars and Rocky Road Chocolatier’s Mix.

Gordo's Cheese Dip has announced it will expand its portfolio with the launch of Gordo’s Homestyle, which features pieces of tomato, chiles and jalapeños.

Fonterra has announced an investment to improve wastewater processing at its Te Awamutu site in New Zealand's Waikato region.

Frito-Lay, a division of PepsiCo, has announced that it is launching three limited-edition Lay's flavours ahead of the Fifa World Cup Qatar 2022.

Smurfit Kappa is investing around $100 million in a sustainable biomass boiler at its paper mill facility in Yumbo, Colombia.

The Compleat Food Group-owned brand Unearthed has expanded its frozen dessert range with the launch of a giant version of the popular Spanish churro snack.

Soli Organic has raised approximately $125m in a Series D funding round led by investment firms CDPQ and Movendo Capital.

Vital Pharmaceuticals (VPX Sports), the parent company of energy drink Bang Energy, has filed for Chapter 11 bankruptcy in Florida.

British chocolate brand Love Cocoa has launched limited-edition cheese and chocolate truffles ahead of Christmas time.