KitKat Chocolatory releases limited edition of rare volcanic chocolate bar

AUSTRALIA – Nestlé’s KitKat Chocolatory has released a new limited-edition range, KitKat Chocolatory Sublime Volcanic, made from one of the world’s rarest cocoas. The KitKat Chocolatory Sublime Volcanic is so named as the cocoa has been sourced […]

Biena Snacks secures US$8 million funding to expand plant-based foods

USA – Boston’s plant-based snacking brand, Biena Snacks has secured US$8 million in Series B financing led by MAW Investments, to accelerate growth of the brand. MAW Investments is a private equity firm created by former Snyder’s-Lance […]

First US plant-based education centre opens amid growing demand for meat-free diets

USA – The first fully plant-based US nutrition and culinary education centre, the Centre for Plant-Based Living (CPBL) is opening in St. Louis, Missouri. The centre, which comes at a time when demand for information […]

Kenya’s Capital Market Authority proposes new regulations for commodity exchange

KENYA – Capital Markets Authority of Kenya is proposing new regulations that will guide the planned Commodities Exchange. According to the draft regulations, companies looking to expand their activities to the commodities exchange will have […]

Valeo Foods Group in talks to acquire Campbell’s snacks brands

IRELAND – Irish food group, Valeo Foods is in exclusive talks with Campbell Soup to buy the company’s Kettle Foods business in UK and Ireland for about US$60million (€54 million). Earlier this year, Campbell hired […]

AB InBev’s ZX Ventures sells homebrew supply retailer Northern Brewer

USA – AB-InBev’s venture capital arm, ZX Venture, has sold homebrew supply retailer Northern Brewer to an affiliate of Blackstreet Capital Holdings for an undisclosed sum. Blackstreet Capital Holdings is a US-based holding company run […]

US private equity firm acquires meatpacker Strauss Brands, plans new facility

USA – Strauss Brands LLC, a specialty meatpacker in Franklin has been acquired by a Texas based private equity firm Insight Equity Holdings. Insight Equity bought a majority share holing in the organics beef producer […]

Danone launches Activia Live Culture Smoothies range in UK

UK – Danone UK has introduced a new range of bottled Live Culture Smoothies to expand its Activa portfolio. Danone has launched two flavours orange fruit and veg & red fruit and veg with each […]

Kenyan soft drink manufacturer Softa Bottling Company to close operations

KENYA – The Registrar of Companies in Kenya has issued a notice seeking to deregister soft drink manufacturer, Softa Bottling Company marking the end to the two decade company. “It is notified that at the […]

Mondelēz International commits to calorie reduction in chocolate and biscuit products

UK – Mondelēz International has pledged to reduce calories in a range of its chocolate and biscuit products to below 100 calories by 2021. The cookies and milk-chocolate products maker plans to cut down calories […]