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

In a move to streamline its operations and enhance focus on core product lines, Kraft Heinz has announced an agreement to sell its Italian infant and speciality food business to NewPrinces, a player in the European food and beverage sector.

In a move to streamline its brand portfolio, Campari Group has finalised an agreement to sell its Cinzano vermouth and sparkling wines to Caffo Group 1915 for €100 million.

Diageo has finalised the sale of its 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group, a move that underscores the beverage giant's strategic realignment in the African market.

Bunge has completed the sale of its North America dry corn and corn masa milling business, the company announced yesterday (1 July 2025) as it continues to streamline operations ahead of its planned merger with Canadian grain handler Viterra.

Krispy Kreme has finalised the sale of its remaining ownership stake in Insomnia Cookies, a move that underscores the company's commitment to financial restructuring and strategic growth.

The Kraft Heinz Company has announced that its board of directors and executive leadership team are evaluating potential strategic transactions to unlock shareholder value.

Diageo has revealed plans to implement a $500m cost savings programme over three years, to enable reinvestment in future growth and ‘improved operating leverage’.

JDE Peet’s has sold its tea business in Turkey to Efor Holding for an undisclosed sum. The business generated approximately €60 million...

Major international dairy companies, including Meiji, Lactalis and Saputo, are reportedly considering bids for Fonterra’s global consumer businesses, according to Reuters, citing two sources familiar with the matter.