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PepsiCo's Q1 fuelled by snacks, expects stronger Q2
PepsiCo has reported organic net revenue growth of 2.4% in Q1 and expects to pick up pace in the second quarter, with the accelerated return of the foodservice channel.
www.foodbev.comApr 16, 202182+
PepsiCo's Q1 fuelled by snacks, expects stronger Q2
Diageo expands RTD portfolio with Loyal 9 Cocktails acquisition
Diageo has acquired ready-to-drink (RTD) cocktail brand, Loyal 9 Cocktails, from Sons of Liberty Spirits Company.
www.foodbev.comApr 16, 2021176+
Diageo expands RTD portfolio with Loyal 9 Cocktails acquisition
Kroger introduces first Ocado-powered distribution centre in US
Kroger has announced the launch of what it claims is America’s first Customer Fulfilment Centre (CFC), using technology developed by UK-based delivery service Ocado.
www.foodbev.comApr 16, 2021160+
Kroger introduces first Ocado-powered distribution centre in US
SIG to invest around 40 million euros to build new Mexican plant
Aseptic carton packaging manufacturer, SIG Combibloc, has announced that it will invest around 40 million euros to construct a new production plant in Queretaro, Mexico.
www.foodbev.comApr 16, 2021109+
SIG to invest around 40 million euros to build new Mexican plant
Heineken pledges carbon neutrality across value chain by 2040
Heineken has announced its commitment to become carbon neutral in its own production by 2030 and its full value chain by 2040.
www.foodbev.comApr 16, 202163+
Heineken pledges carbon neutrality across value chain by 2040
Australian Plant Proteins secures $35.4m investment from Bunge
US agribusiness Bunge has invested AUD 45.7 million ($35.4 million approx.) in Australian Plant Proteins (APP), a supplier of plant protein isolates.
www.foodbev.comApr 16, 2021144+
Australian Plant Proteins secures $35.4m investment from Bunge
Hovis debuts new Bakers Since 1886 range
UK bakery brand Hovis has unveiled a new range called Bakers Since 1886, featuring cob loaves, buns and rolls.
www.foodbev.comApr 15, 202188+
Hovis debuts new Bakers Since 1886 range
Coca-Cola partners with Jel Sert to launch Powerade Sports Freezer Bars
The Coca-Cola Company and freezer bar manufacturer, The Jel Sert Company, have announced the nationwide launch of Powerade Sports Freezer Bars.
www.foodbev.comApr 15, 2021155+
Coca-Cola partners with Jel Sert to launch Powerade Sports Freezer Bars
Grupo Bimbo signs deal to offset electricity consumption in Canada
Grupo Bimbo has signed two virtual power purchase agreements (VPPAs) with Renewable Energy Systems (RES), which it says will offset 100% of the electricity consumption of its Canadian operations.
www.foodbev.comApr 15, 2021205+
Grupo Bimbo signs deal to offset electricity consumption in Canada
Good Hemp completes acquisition of alkaline water company Diamond Creek
Hemp-infused beverage producer, Good Hemp, has closed its acquisition of Diamond Creek Group, as it looks to capitalise on the growing demand for functional waters.
www.foodbev.comApr 15, 202187+
Good Hemp completes acquisition of alkaline water company Diamond Creek
Territory Foods secures $22m to expand meal delivery service
US meal delivery service Territory Foods has raised $22 million in a funding round led by US Venture Partners, as it looks to expand into new cities.
www.foodbev.comApr 15, 2021178+
Territory Foods secures $22m to expand meal delivery service
Ambienta purchases UK flavours manufacturer TasteConnection
European private equity investor Ambienta has completed the acquisition of TasteConnection, a UK manufacturer of natural seasonings and flavourings for food applications.
www.foodbev.comApr 15, 2021201+
Ambienta purchases UK flavours manufacturer TasteConnection
Mammoth Creameries unveils new frozen custard flavours
Mammoth Creameries has expanded its range of keto-friendly frozen custards with the introduction of three additional flavours.
www.foodbev.comApr 14, 2021195+
Mammoth Creameries unveils new frozen custard flavours
Domino's and Nuro launch robotic pizza delivery service
Domino's is collaborating with robotics company Nuro to launch an autonomous pizza delivery service in Houston, US.
www.foodbev.comApr 14, 2021126+
Domino's and Nuro launch robotic pizza delivery service
Lever VC announces $46m fourth close of its alternative protein fund
Global venture capital fund, Lever VC, has announced a $46m fourth close of its Lever VC Fund I, which focuses on the alternative protein space.
www.foodbev.comApr 14, 202154+
Lever VC announces $46m fourth close of its alternative protein fund
Riviana Foods invests $15m in Memphis instant rice facility
Ebro subsidiary Riviana Foods has announced a $15 million investment to boost the production of its instant rice facility in Memphis, Tennessee.
www.foodbev.comApr 14, 2021104+
Riviana Foods invests $15m in Memphis instant rice facility
Ÿnsect acquires mealworm ingredients producer Protifarm
French insect protein company Ÿnsect has acquired Protifarm, a producer of mealworm ingredients for human food applications.
www.foodbev.comApr 14, 202192+
Ÿnsect acquires mealworm ingredients producer Protifarm
Female wellness business Free Soul secures investment
UK female wellness brand Free Soul has received a seven-figure investment from Sonny Arora, an investor in European health and nutrition start-ups.
www.foodbev.comApr 14, 2021114+
Female wellness business Free Soul secures investment
Kainos Capital sells Ferraro Foods to private equity peer Kelso & Company
Private equity firm Kainos Capital has announced the sale of US speciality foodservice distributor, Ferraro Foods, to funds managed by Kelso & Company.
www.foodbev.comApr 13, 2021130+
Kainos Capital sells Ferraro Foods to private equity peer Kelso & Company
Cellular agriculture start-up Cultured Decadence secures $1.6m
Cultured Decadence has closed a $1.6 million pre-seed financing round, as it looks to create the first cell-cultured lobster meat in North America.
www.foodbev.comApr 13, 2021185+
Cellular agriculture start-up Cultured Decadence secures $1.6m
Personalised snack box service SnackMagic raises $15m in funding
Personalised snack box delivery company, SnackMagic, has raised $15 million in a Series A Funding found led by Craft Ventures, with participation from Luxor Capital.
www.foodbev.comApr 13, 2021193+
Personalised snack box service SnackMagic raises $15m in funding
Synlait CEO Leon Clement to depart this month
New Zealand milk company Synlait has announced that Leon Clement will be stepping down from his role as CEO later this month.
www.foodbev.comApr 13, 2021176+
Synlait CEO Leon Clement to depart this month
Vibrant Foods expands portfolio with Fudco acquisition
Vibrant Foods, a producer and distributor of South Asian foods in the UK and continental Europe, has announced its acquisition of Fudco.
www.foodbev.comApr 13, 2021191+
Vibrant Foods expands portfolio with Fudco acquisition
Piovan Group webinar: Best practice for material handling for bakery products
Do you produce biscuits or snacks for the food industry? Are you an international company with many plants worldwide? Are you looking for a partner to be at your side when designing, manufacturing and maintaining your production line?
www.foodbev.comApr 13, 2021158+
Piovan Group webinar: Best practice for material handling for bakery products
Real Handful debuts Craft Baked Nuts and Savoury Trail Mixes
UK-based snack brand Real Handful has entered the savoury snacking category with new baked nut and trail mix lines.
www.foodbev.comApr 09, 202156+
Real Handful debuts Craft Baked Nuts and Savoury Trail Mixes
Diageo trials low-carbon glass whisky bottle
Diageo has collaborated with glass manufacturer Encirc to trial a glass whisky bottle that can reduce the carbon impact of its bottle production by up to 90%.
www.foodbev.comApr 09, 202169+
Diageo trials low-carbon glass whisky bottle
DFA introduces 2021 accelerator cohort
Dairy Farmers of America (DFA) has revealed the seven start-ups selected to be part of its 2021 accelerator, as the programme launches virtually this week.
www.foodbev.comApr 09, 2021140+
DFA introduces 2021 accelerator cohort
Falfurrias Capital Partners invests in Carolina Foods
Equity firm Falfurrias Capital Partners has announced an investment in sweet baked goods manufacturer Carolina Foods, for an undisclosed sum.
www.foodbev.comApr 09, 2021164+
Falfurrias Capital Partners invests in Carolina Foods
Cultivated fat company Mission Barns secures $24m in funding
Cellular agriculture company Mission Barns has raised $24 million in Series A funding to scale up and commercialise its cultivated fat technology.
www.foodbev.comApr 09, 2021102+
Cultivated fat company Mission Barns secures $24m in funding
BioconColors: Application-specific colourants
With the growing health and sustainability trends picking up momentum in most parts of the world, the use of natural colours and colouring foods as an alternative to artificial colours is becoming less of an option and more a requirement.
www.foodbev.comApr 08, 2021183+
BioconColors: Application-specific colourants
La Primera secures state grant to expand production
La Primera Tortilla Factory has qualified for a $50,000 Local Economic Development Act (LEDA) job creation grant, which will support a planned expansion of its production capacity.
www.foodbev.comApr 08, 2021135+
La Primera secures state grant to expand production
Cocktail machine creator Bartesian secures $20m in funding
Bartesian, creator of an at-home cocktail maker, has raised $20 million in a Series A funding round to accelerate its growth in the US and internationally.
www.foodbev.comApr 08, 2021193+
Cocktail machine creator Bartesian secures $20m in funding
E & J Gallo Winery to acquire RumChata owner
E & J Gallo Winery has agreed to purchase Agave Loco, the owner of the RumChata cream liqueur brand, for an undisclosed amount.
www.foodbev.comApr 08, 2021131+
E & J Gallo Winery to acquire RumChata owner
Nestlé opens new plant-based food production site in Malaysia
Nestlé has inaugurated a new plant-based meal solutions manufacturing facility in Malaysia, following an investment of MYR 150 million ($36.3 million approx.).
www.foodbev.comApr 08, 2021186+
Nestlé opens new plant-based food production site in Malaysia
Brynwood Partners purchases De Wafelbakkers
Brynwood Partners VIII has acquired De Wafelbakkers from The Oklahoma Publishing Company, a subsidiary of the Anschutz Corporation.
www.foodbev.comApr 07, 2021105+
Brynwood Partners purchases De Wafelbakkers
Frostkrone Food Group buys Abergavenny Fine Foods
Frostkrone Food Group – a portfolio company of private equity firm Emeram Capital Partners – has acquired UK manufacturer of finger food and snacks, Abergavenny Fine Foods, for an undisclosed sum.
www.foodbev.comApr 07, 202166+
Frostkrone Food Group buys Abergavenny Fine Foods
Acid League secures $3.8m in Series A funding
Acid League, a producer of “acid-driven” pantry staples, has raised CAD 4.75 million ($3.8 million approx.) in a Series A funding round led by venture capital firms InvestEco Capital and BrandProject.
www.foodbev.comApr 07, 2021103+
Acid League secures $3.8m in Series A funding
Kemin Industries acquires Proteus Industries
Kemin Industries has acquired Proteus Industries in a move to expand its portfolio of ingredient solutions.
www.foodbev.comApr 07, 2021195+
Kemin Industries acquires Proteus Industries
DSM invests $100m in launch of personalised nutrition company
DSM has invested $100 million into the launch of Hologram Sciences, a health tech company that aims to provide consumers with personalised nutrition solutions.
www.foodbev.comApr 07, 2021115+
DSM invests $100m in launch of personalised nutrition company
Love Raw launches vegan white chocolate cream wafer bar
Vegan confectionery firm LoveRaw has expanded its Cre&m Wafer Bar range with a new white chocolate variety.
https://www.foodbev.com/Apr 02, 202162+
Love Raw launches vegan white chocolate cream wafer bar
Bakery business Cérélia acquires US Waffle
Ardian-backed bakery company, Cérélia, has acquired US Waffle and received an equity investment from Continental Grain Company (CGC).
https://www.foodbev.com/Apr 02, 202151+
Bakery business Cérélia acquires US Waffle
Dawn Foods announces acquisition of Jabex
Dawn Foods has announced its acquisition of Jabex, a Poland-based supplier of ingredients and other solutions for the confectionery, bakery and ice cream markets.
https://www.foodbev.com/Apr 02, 2021195+
Dawn Foods announces acquisition of Jabex
Bell Food Group acquires Aryzta Switzerland sandwich assets
Bell Food Group subsidiary Hilcona has agreed to acquire Aryzta Switzerland’s sandwich production business for an undisclosed sum.
https://www.foodbev.com/Apr 02, 2021127+
Bell Food Group acquires Aryzta Switzerland sandwich assets
Stonewall Kitchen buys Vermont Coffee Company
Speciality food producer Stonewall Kitchen has announced its acquisition of Vermont Coffee Company, an organic coffee brand based in Vermont, US.
https://www.foodbev.com/Apr 02, 2021114+
Stonewall Kitchen buys Vermont Coffee Company
Ingredion complements speciality ingredients portfolio with KaTech
Ingredion has expanded its speciality ingredients portfolio with the acquisition of KaTech, a German provider of advanced texture and stabilisation solutions.
https://www.foodbev.com/Apr 02, 2021197+
Ingredion complements speciality ingredients portfolio with KaTech
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