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

PepsiCo has published its Q2 earnings, reporting 10.4% net revenue growth, and has raised its full-year outlook for the second consecutive quarter.

Monster Beverage has won US bankruptcy court approval to acquire Bang Energy owner Vital Pharmaceuticals out of Chapter 11 for $362m.

Monster Beverage and Vital Pharmaceuticals have entered into an agreement under which a Monster subsidiary would acquire all of Bang Energy’s assets.

A notice of auction for the sale of Bang Energy owner, Vital Pharmaceuticals, has been cancelled, with US-based Monster Beverage set to acquire the company.

Hong Kong-based conglomerate Swire Pacific plans to sell its Swire Coca-Cola, USA unit for a total consideration of HK 30.4bn (approx. $3.88bn).

Coca-Cola HBC – through its subsidiary CC Beverages Holdings II – has reached an agreement to acquire the Finlandia vodka brand from Brown-Forman for $220m.

PepsiCo has established a new factory in Poland, described by the company as its greenest facility in Europe, which utilises circular economy principles.

PepsiCo is launching a pilot project to convert over 40,000 litres of used oil into HVO, a vegetable-based biofuel, at its snack plant in Burgos, Spain.

US-based beverage brand Fishers Island Lemonade has expanded its spiked lemonade portfolio with the launch of two new flavours.

PepsiCo is about to complete a €127m investment at its Little Island facility, resulting in the opening of an additional manufacturing capacity.

The Coca-Cola Company has unveiled plans to build a new Fairlife production facility with a total investment estimated at $650m.

Coca-Cola Europacific Partners Australia has opened a new equipment services and point-of-sale facility in Richlands, Queensland.