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

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Business
Astō backs Oats Overnight with $45m as breakfast brands chase repeat consumption

Astō backs Oats Overnight with $45m as breakfast brands chase repeat consumption

Investment firm Astō Consumer Partners has made a $45 million growth equity investment in US breakfast brand Oats Overnight.

Funding & Investments
TrueStart Coffee secures Series A investment led by JamJar

TrueStart Coffee secures Series A investment led by JamJar

UK coffee brand TrueStart Coffee has secured a Series A investment led by JamJar Investments, the consumer-focused investment firm behind Innocent Drinks.

Funding & Investments
Mondelēz merges COO and CFO roles as Luca Zaramella heads global operations

Mondelēz merges COO and CFO roles as Luca Zaramella heads global operations

Mondelēz International has appointed long-serving finance chief Luca Zaramella as chief operating officer in addition to his role as chief financial officer.

Appointments
Once Upon a Farm files for IPO as organic kids’ food market heats up

Once Upon a Farm files for IPO as organic kids’ food market heats up

Jennifer Garner’s Once Upon a Farm launches IPO roadshow, targeting $764M valuation to expand amid rising demand for organic kids’ foods.

Finance
Alpenrose to cease production at Clackamas dairy facility

Alpenrose to cease production at Clackamas dairy facility

Alpenrose Dairy has announced plans to consolidate operations and cease production at its butter, sour cream and ice cream mix manufacturing facility in Clackamas, Oregon, effective 31 March 2026.

Dairy
UK Deposit Management Organisation rebrands as Exchange for Change

UK Deposit Management Organisation rebrands as Exchange for Change

The UK Deposit Management Organisation (UK DMO) has unveiled Exchange for Change as its new trading name, marking a key step in preparations for the launch of the UK’s Deposit Return Scheme.

Business
Violet Foods buys Muir Glen brand from General Mills to expand organic tomato portfolio

Violet Foods buys Muir Glen brand from General Mills to expand organic tomato portfolio

Violet Foods, a US manufacturer of pizza and pasta sauces, has acquired the Muir Glen brand of organic tomato products from General Mills.

Mergers & Acquisitions
BrewDog exits spirits production to refocus on beer and cocktails as losses mount

BrewDog exits spirits production to refocus on beer and cocktails as losses mount

BrewDog will cease spirits production at its Ellon distillery, refocusing on beer and ready-to-drink cocktails amid market pressures.

Alcohol
ADM settles SEC probe for $40m as US prosecutors close accounting investigation

ADM settles SEC probe for $40m as US prosecutors close accounting investigation

ADM has agreed to pay $40 million to settle a US Securities and Exchange Commission investigation into how it reported sales between business units.

Business
UK flavour house JPL Flavours invests £11m in tech-enabled expansion

UK flavour house JPL Flavours invests £11m in tech-enabled expansion

e site features automated manufacturing, 16 dedicated flavour labs, and a forthcoming digital innovation suite, which includes augmented and virtual reality tools.

Funding & Investments
Euricom to acquire Ebly, securing EU’s largest ready-to-heat rice facility

Euricom to acquire Ebly, securing EU’s largest ready-to-heat rice facility

Euricom to acquire 100% of Ebly, including the brand and Châteaudun EU rice facility, from Mars and Axéréal Participations.

Mergers & Acquisitions
Mars fraud case exposes risks in commodity and export credit programmes

Mars fraud case exposes risks in commodity and export credit programmes

A former Mars risk manager has been jailed for over five years after defrauding the confectionery group of $28m via export credits and weak internal controls.

Business
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