Craft beer maker White Owl Brewery raises US$5.63m to expand footprint

INDIA – Mumbai-based craft beer maker, White Owl Brewery has raised US$5.63 million (₹40 crore) in its second round of funding to accelerate the brewer’s expansion in new geographies. Led by existing investor, IIFL India […]

The PepsiCo Foundation and The Recycling Partnership raise $25m for US recycling

USA – The PepsiCo Foundation, the philanthropic arm of food and beverage PepsiCo Inc., in collaboration with The Recycling Partnership have raised US$25 million to accelerate their plastic recycling efforts in the US. In July […]

Cargill plans US$225m investment to expand its Sidney soybean processing facility

USA – Multinational agribusiness company, Cargill is planning to invest US$225 million at its soybean crush and refined oils facility in Sidney, Ohio to modernize its operations and expand the facility’s crush capacity. Cargill said that […]

Owen’s Craft Mixers raises US$3m in funding round to accelerate expansion

USA – Owen’s Craft Mixers, a New York-based tonic water and mixer producer has raised US$3 million in a Series A funding round to support its expansion. The funding round was led by Chicago-based Levy […]

Ferrero Group to introduce Coca-Cola flavored Tic Tac mints

ITALY – The Ferrero Group is partnering with The Coca-Cola Company to launch limited edition of Coca-Cola flavored Tic Tac mints. The Tic Tac Coca-Cola will be available in the next few months in more […]

Trade costs of non-tariff measures doubles in the Asia-Pacific region

ASIA – Trade costs of non-tariff measures have now more than double that of tariffs in the Asia Pacific region, according to a new report by the United Nations Economic and Social Commission for Asia […]

Clearly Drinks invests in UK flavored water brand Revolution Waves

UK – Clearly drinks, a Sunderland based soft drink manufacturer has invested an undisclosed amount in flavored water brand Revilution Waves, reports Insider. Revolution Waves was established in 2017 by entrepreneur and former international rugby […]

M&S announces four new senior appointments to strengthen its food business

UK – Mark & Spenser (M&S) has announced four new senior appointments as the British retailer moves to reinforce its food division ahead of the online joint venture with Ocado next year. The retailer has […]

Marussia to distribute range of Constellation Brands’ spirits in the UK

UK – Marussia Beverages, an import and distribution company in the UK has entered into an agreement with Constellation Brands to distribute its craft spirits brands in the UK. Under the agreement, Marussia will distribute […]

McDonald’s partners with Keurig Dr Pepper for distribution of McCafé coffee in the US

USA – McDonald’s USA has entered into long-term master licensing and distribution agreement with Keurig Dr Pepper (KDP) for McCafé packaged coffee in the US. Under the new partnership, which brings together the national McCafé […]