Finnest invests $65 Mn in Kitchens@  

Kitchens@ has played a pivotal role in shaping the landscape of the cloud kitchen segment in India Kitchens@, a leading powerhouse in the dynamic cloud kitchen industry, announced the successful acquisition of $65 million in funding from Finnest, an emerging growth investment firm hea...

Valio invests in Suonenjoki plant

The new automated preprocessing facility will become operational in 2025 Food company Valio is having a new preprocessing facility constructed at the Suonenjoki production plant’s old freezer storage. The more than €10 million investment will enhance the preprocessing of the frozen berries, ...

Lavazza and Paris Baguette team up to create new signature coffee blend

The new Paris Baguette Blend, crafted by Lavazza is rainforest alliance certified and the first retail packaged coffee offering to be available at Paris Baguette locations nationwide Lavazza, a leading name in the coffee industry, and your neighbourhood bakery café, Paris Baguette, are del...

Korea’s Jung Kwan Jang introduces various forms of red ginseng

The company is now showcasing more various red ginseng forms from bottles of concentrate to tablets, ready-to-drink vials, capsules, and even jelly and candy forms South Korea’s Jung Kwan Jang declared to boost the popularity of red ginseng by employing various forms, from film to jelly. ...

ARYZTA announces new bakery investment in Australia

The total investment is estimated to be c €40 million ARYZTA announces that it has formally agreed to proceed with the construction and commissioning of a new bakery in Perth Western Australia.   The total investment is estimated to be c €40 million. The project will take two years t...

Seedlip launches Notas de Agave non-alcoholic spirit

Seedlip Notas de Agave has a bright and bursting blend of zesty lime and prickly pear that are complemented by agave flavours Seedlip, the number one selling non-alcohol spirits brand in the U.S. (IWSR), unveils Seedlip Notas de Agave - a premium, new expression which is elegantly crafted to awa...

Varun Beverages acquires Bevco in South Africa

The acquisition will allow VBL to increase its presence in Africa and expand its operations across the continent The board of directors of Varun Beverages Ltd (VBL) has approved the acquisition of The Beverage Company (Proprietary) Limited (Bevco), South Africa along with its wholly-owned subsid...

Re.juve drops Singapore's first cold-pressed juice vending machine

This initiative is a significant step towards offering healthier and more innovative beverage alternatives Re.juve to introduce Singapore's first true cold-pressed juice vending machine at Tanglin Mall. This vending machine, located at Level B1 next to Market Blue and opposite B for Ba...

FGen AG gets funding for sustainable milk protein production project

The EIC has tapped FGen and partners to work on developing a sustainable, alternative approach to milk production using only CO2 and electricity FGen AG, a subsidiary of Ginkgo Bioworks, based in Switzerland, has been awarded funding through the European Innovation Council's (EIC) Pat...

Nestlé partnership sees extra payment offered to Fonterra farmers 

One year on from announcing a partnership designed to help reduce on-farm emissions, Fonterra and Nestlé are pleased to confirm the next step they’re taking to support farmers with their sustainability actions A new agreement will see Nestlé fund an additional payment to farmers who achiev...

Oraimo introduces Nugget ice maker series

The ice maker boasts an impressive capacity, producing up to 37 pounds (17 kg) of Nugget Ice daily Oraimo has unwrapped a noteworthy addition to its product lineup—a cutting-edge ice maker, Nugget Ice Maker Series OIM-512A, that promises to elevate the home ice experience to new heig...

Tetra Pak unveils action-oriented approach towards food systems transformation

Comprehensive plan released following COP28’s first Food, Agriculture and Water Day Tetra Pak is launching an integrated approach to drive the transition to more secure, sustainable and resilient food systems, harnessing the company’s leading role in the food processing and packaging in...

Nestlé launches Maggi soya chunks

Maggi Soya Chunks, a tasty, affordable, plant-based meat alternative that enables consumers in Central and West Africa to add high-quality protein to their everyday food Nestlé is actively exploring the use of plant-based ingredients to bring nutritious proteins to consumers affordably and sus...

PepsiCo invests $13 Mn in soft drinks factory in Romania

The production line is considered the most automated in the PepsiCo portfolio in Europe PepsiCo announced an investment of $13 million in the installation of a fully automated state-of-the-art production line located in the soft drinks factory in Dragomirești, Romania. The production line is...

KFC China celebrates opening of 10,000th store

KFC China's ambitious growth trajectory: targeting over half of China's population by 2026 Yum China Holdings, Inc. celebrated the opening of KFC China's 10,000th store, marking a significant milestone in KFC China's 36-year growth journey in the country. Situated in Hangzhou, KFC C...

Chobani acquires La Colombe

Chobani financed the acquisition through the combination of a newly issued $550 million term loan, cash on hand and the exchange of Keurig Dr Pepper's (KDP) minority equity stake in La Colombe into Chobani equity Chobani, LLC a next-generation food and Beverage Company originally known f...

Every launches world's first liquid egg without hen

It contains eight grams of protein per serving and has no cholesterol, saturated fat, or artificial flavours The Every Company has launched the world’s first liquid egg made without hens, called Every Egg, at an exclusive event in New York City. The Egg was created using yeast fermentation ...

Pernod Ricard introduces China’s first malt whisky

Pernod Ricard China will gradually start distributing the new product nationwide through selective channels Pernod Ricard introduces The Chuan Pure Malt Whisky. Leading the way in a new category, this first-ever product of The Chuan celebrates the vision of Pernod Ricard to create a prestige mal...

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