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

Nordic Foodtech VC has announced the first closing of its second fund at €40m, with the final target size for the fund set at €80m. The...

Adult beverage private equity firm InvestBev has announced a six-figure investment in clean energy drink brand Lucky Energy Drinks.

Geary’s Bakery, the family-run business behind Jason’s Sourdough, has unveiled a new £36 million custom-built bakery in Leicester, UK, to meet the rising nationwide demand for artisanal bread.

PepsiCo plans to more than double its investment in a snack production plant in Kazakhstan’s Almaty Region, positioning it as the largest facility of its kind in Central Asia and marking the company’s first greenfield project in the region.

DSM-Firmenich has opened a new US baking innovation facility in Princeton, New Jersey, as part of a broader €700m investment to advance its global R&D capabilities.

Food giant Kraft Heinz has confirmed it plans to invest $3bn into modernising its 30 manufacturing sites across the US.

Anheuser-Busch has unveiled a $300 million investment aimed at enhancing its manufacturing operations across the US.

International Paper, a sustainable packaging company, broke ground on its largest facility to date: a new packaging box plant in Waterloo, Iowa.

Founded in Dubai, UAE, in 1995, Hotpack manufactures and distributes a wide range of food packaging materials and related products.