Mondelēz International offloads part of its stake at beverage company Keurig Dr Pepper
USA – Mondelēz International, a snacks company, has agreed to sell part of its stake…
WORLD NEWS
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Nestlé launches recyclable paper wrappers for Maggi bouillon cubes in France
FRANCE – Maggi, a Nestlé product that has seasonings, instant soups, and noodles has become…
Ag Growth International appoints Jim Rudyk as company CFO
CANADA – Ag Growth International (AGI), a leading provider of solutions for the global food…
South Korea feed industry switch to distiller’s dried grains with solubles, increasing US exports
SOUTH KOREA – The outbreak of COVID-19 caused U.S. distiller’s dried grains with solubles (DDGS)…
Green plains to build high protein ingredient production facilities with US$75m financing
USA – Diversified commodity-processing company, Green Plains Inc. has announced the closing of a US$75…
China tops with 8.733 million metric tons in grain purchase as marketing year officially starts
CHINA – China becomes the largest buyer of corn and sorghum from USA after it…
Water dispenser manufacture Waterlogic acquires two bottle-less water dispenser businesses
USA – Waterlogic, water dispenser manufacturer and supplier, has agreed to acquire two businesses in…
Fishing firm Sanford New Zealand CEO Volker Kuntzsch resigns after seven years
NEW ZEALAND – Sanford, a fishing and processing firm, has announced that its CEO of…
PepsiCo launches US$20m in partnership with USAID to empower women in agriculture
USA – PepsiCo, multinational food, snack and beverage corporation, has announced a new five-year US$20…
Dutch brewing company Heineken acquires Peru’s local beer brand Tres Cruces
PERU – Heineken, a Dutch brewing company, has entered the Peruvian beer market with the…
Foodtech company NotCo closes US$85m new round of funding for expansion to the USA
USA – NotCo, the Chilean food technology company making plant-based milk and meat replacements, has…
Nestle makes additional US$58m investment in China to promote sustainable agriculture
CHINA – Nestle has announced that it will be investing a further CHF 53 million…
Biscuit company Bahlsen partners with Baileys to unveil two new limited editions of products
GERMAN – Bahlsen, a biscuit company, has unveiled two new limited-edition Baileys-flavoured products, which will…
Martin Bauer Group acquires peppermint leaf wholesale supplier Core Botanica
NORTH AFRICA – The Martin Bauer Group, company specializing in tea, foods, beverages, dietary supplements,…
Infant formula manufacturer Mead Johnson launches new Enfamil brand with A2 milk proteins
USA – Mead Johnson, a leading manufacturer of infant formula, has launched a new infant…
Bottled water company Nongfu Springs raises over US$1bn in its initial public offering
CHINA – Nongfu Spring, a bottled water company, has raised more than US$1 billion in…
Universal Corporation acquires supplier of dehydrating ingredient Silva International
USA – Universal Corporation, a tobacco merchants, has entered into a definitive agreement to acquire…
CCEP Ventures acquires minority stake in automatic beer dispenser startup Innovative Tap Solutions
EUROPE – Coca-Cola European Partners (CCEP) Ventures has acquired a 25% stake in Innovative Tap…
Single serve coffee system Bruvi secures US$2m in seed round funding
USA – Bruvi, a revolutionary new single-serve system, has secured US$2.2 million in seed round…
China’s soybean production to reach 18MMT in 2020/2021 as demand rises
CHINA – Soybean production in China is forecasted to be 18 million metric tons (MMT)…
Non-alcoholic craft beer brand Partake Brewing raises US$4m Series A funding
CANADA – Partake Brewing, a non-alcoholic craft beer brand, has raised US$4 million in a…
Panera bread appoints Debbie Roberts as Executive Vice President and COO
USA – Panera Bread, a chain store of bakery-café fast casual restaurants, has announced the…
Coca-Cola launches recycled plastic bottles in two more markets in its commitment to eliminate virgin oil-based plastic
EUROPE – Coca-Cola European Partners has enhanced its commitment to sustainability by announcing that it…
Exchange holding company MIH receives Approval to acquire Minneapolis Grain Exchange
USA – Miami International Holdings (MIH), an exchange holding company, has received the approval to…