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

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Apax Global Impact Fund to invest in Foods Connected

Apax Global Impact Fund to invest in Foods Connected

The Apax Global Impact Fund, managed by Apax Partners, has announced a strategic investment in Foods Connected, a supplier management platform under Hilton Food Group.

Kraft Heinz considers divesting grocery segment in potential $20bn spin-off

Kraft Heinz considers divesting grocery segment in potential $20bn spin-off

According to reports from major media outlets, including Bloomberg and Financial Times, Kraft Heinz Company is actively considering a significant restructuring that would involve spinning off a substantial portion of its grocery business, which includes several iconic Kraft products.

Kraft Heinz to divest Italian baby and speciality food business to NewPrinces Group

Kraft Heinz to divest Italian baby and speciality food business to NewPrinces Group

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.

Campari Group sells Cinzano vermouth and sparkling wines to Caffo Group 1915 for €100m

Campari Group sells Cinzano vermouth and sparkling wines to Caffo Group 1915 for €100m

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 completes sale of stake in Guinness Ghana Breweries to Castel Group

Diageo completes sale of stake in Guinness Ghana Breweries to Castel Group

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 sells North America corn milling unit

Bunge sells North America corn milling unit

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 completes sale of Insomnia Cookies stake

Krispy Kreme completes sale of Insomnia Cookies stake

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.

Kraft Heinz announces ‘ongoing evaluation’ of strategic transactions

Kraft Heinz announces ‘ongoing evaluation’ of strategic transactions

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 announces $500m cost savings programme

Diageo announces $500m cost savings programme

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

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