Investment

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Balchem invests in US food ingredients market with new microencapsulation facility

Balchem has made a strategic investment aimed at enhancing its production capabilities for advanced microencapsulated technologies in the food ingredients market.

Manufacturing

Lee Li invests $533m in Ontario's beverage manufacturing sector, creating 275 jobs

The investment aims to deliver comprehensive co-manufacturing and warehousing solutions for both multinational brands and local retailers.

Manufacturing

Elliott Management nears settlement with PepsiCo, says WSJ

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

Business

Arla Foods invests DKK 300m in Videbæk facility

Arla Foods has announced a significant investment of nearly DKK 300 million to retrofit a spray-drying tower at its Arinco dairy facility in Videbæk.

Dairy

UK government urged to invest £150m in alternative protein innovation

GFI Europe is calling on the UK government to bolster its commitment to alternative proteins by investing £150m as part of the National Food Strategy.

Funding & Investments

“There has never been a better time to invest in nutritional drinks”: Tetra Pak explains why investors should be looking at this category

Ivanka Skrypnichenko, Tetra Pak’s global category manager, explains why there has never been a better time to invest in nutritional and functional beverages.

Exclusives

Kraft Heinz unveils $300m in US promotions as consumer spending decreases

In its latest earnings call, Kraft Heinz says it will boost US promotional spend by $300m to tackle economic challenges and prepare for its planned 2026 company split.

Finance

Keurig Dr Pepper receives $7bn investment to support business split and JDE Peet’s deal

Keurig Dr Pepper has received a $7 billion strategic investment, co-led by Apollo and KKR, to support its acquisition of JDE Peet’s alongside its split into two distinct businesses.

Beverage

Fonterra invests $75m in Clandeboye site to expand butter production

Dairy giant Fonterra has announced a $75 million investment to expand butter production at its Clandeboye site in South Canterbury, New Zealand.