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

Savencia has signed a purchase agreement to acquire Quatá Alimentos, a well-established cheese and dairy products manufacturer in Brazil.

Pernod Ricard has signed an agreement to sell its Mumm Napa sparkling wine activities in the US to California-based wine and spirits company Trinchero.

Diageo has agreed to sell its 65% shareholding in East African Breweries (EABL) to Asahi Group for $2.3 billion.

PepsiCo has reached a strategic agreement with activist investment Elliott Management, aimed at improving operational efficiencies and avoiding a potentially costly proxy fight.

Proof Drinks has strengthened its growing drinks portfolio with the addition of The Artisan Drinks Company.

Activist investor Elliott Management Corp is reportedly on the verge of finalising a settlement with PepsiCo, according to the Wall Street Journal.

Hero UK&I has announced the integration of Deliciously Ella into its portfolio, effective 1 Jan 2026, following the acquisition of the brand in Sept 2024.

Celsius Holdings has made substantial progress in the integration of Alani Nu, as the company strengthens its position in the competitive energy drink market.

Royal FrieslandCampina has announced its intention to acquire Wisconsin Whey Protein, a well-regarded producer of whey protein isolates based in the US.