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

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Lucky Energy secures $25m in oversubscribed Series B round to fund nationwide expansion

Lucky Energy secures $25m in oversubscribed Series B round to fund nationwide expansion

US-based clean energy drink brand Lucky Energy has closed an oversubscribed $25 million Series B funding round.

Herbalife expands Liftoff energy line with new soda-inspired flavours

Herbalife expands Liftoff energy line with new soda-inspired flavours

Herbalife, a global health and wellness company, has expanded its Liftoff energy supplement line with two new flavours – Cola and Ginger Beer.

PepsiCo announces closure of another US Frito-Lay site

PepsiCo announces closure of another US Frito-Lay site

PepsiCo has closed another Frito-Lay manufacturing site in the US, continuing a series of production network consolidations across its North American operations.

CDPH testing links ByHeart infant formula to US botulism outbreak

CDPH testing links ByHeart infant formula to US botulism outbreak

Infant nutrition brand ByHeart has recalled two batches of its Whole Nutrition Infant Formula following notification from the FDA about an ongoing investigation into the recent outbreak of infant botulism in the US.

InvestIndustrial to acquire TreeHouse Foods in $2.9bn deal

InvestIndustrial to acquire TreeHouse Foods in $2.9bn deal

InvestIndustrial has signed an agreement to acquire TreeHouse Foods in an all-cash transaction for a total enterprise value of $2.9 billion.

Trump orders probe into meatpackers over record-high US beef prices

Trump orders probe into meatpackers over record-high US beef prices

US President Donald Trump has directed the Department of Justice (DOJ) to investigate major meatpacking companies over alleged price manipulation in the beef market, citing concerns about collusion and the impact on American ranchers.

Barvecue unveils ‘first-ever’ plant-based rotisserie seasoned chicken

Barvecue unveils ‘first-ever’ plant-based rotisserie seasoned chicken

US plant-based food brand Barvecue has unveiled what it claims is a market-first innovation: a seasoned rotisserie chicken-style product.

Coca-Cola Consolidated buys back $2.4bn stake from the Coca-Cola Company

Coca-Cola Consolidated buys back $2.4bn stake from the Coca-Cola Company

Coca-Cola Consolidated has repurchased all outstanding shares of its common stock previously owned by a subsidiary of the Coca-Cola Company.

Trip valued at $300m following latest $40m investment round

Trip valued at $300m following latest $40m investment round

Functional beverage brand Trip has reached a $300 million valuation after securing $40 million in new funding from a roster of celebrity investors and growth-stage capital partners.

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