Sodexo Ventures announces strategic investment in Meican

The investment will further strengthen the leading food services of SodexoSodexo, world leader in Quality of Life services, announces its strategic venture capital vehicle, Sodexo Ventures, has invested in Meican, a Chinese technology company focused on digital food solutions in the corporate enviro...

Atomo secures $2.6 million to develop coffee without beans

This funding will be used create the World’s First Molecular CoffeeAtomo Coffee Inc, announced it has secured $2.6 million in seed funding to develop the world’s first molecular coffee, made without beans. The team reverse engineered the coffee bean to create a uniquely smooth cup of c...

CP Foods’ products bag three “Superior Taste Awards” in 2019

According to the test result, CP Foods’ Massaman Thai Chicken Curry with Jasmine Rice won the Superior Taste Award with two stars, scoring 80.3%Charoen Pokphand Foods PCL (CP Foods) won “Superior Taste Awards” from the International Taste Institute, a global leader in taste evaluation ...

China Xiangtai Food Co. commences trading on the Nasdaq

"Our listing on the Nasdaq Capital Market is an important corporate milestone that reflects our commitment to our shareholders.”China Xiangtai Food Co., Ltd. (the "Company"), an emerging growth company primarily engaged in pork processing in China, has announced that its ordinary shares are e...

Fonterra to sell Beingmate shares

Chief Executive Miles Hurrell says this decision is part of Fonterra’s three-point plan to turn around the businessFonterra, a global dairy nutrition company has announced its intention to sell a portion of its stake in Beingmate Baby & Child Food Company Ltd, which is currently a shareholding...

Campbell to sell arnott’s and few international operations to KKR

Campbell Sells International Portfolio, Including Kelsen Group, for $2.5 BillionCampbell Soup Company has signed a definitive agreement for the sale of Arnott’s and certain of Campbell’s International operations to KKR, a leading global investment firm, for $2.2 billion in cash, sub...

Coca-Cola HBC to launch Costa Coffee in multiple markets

The Coca-Cola Company acquired Costa Coffee in January 2019 and has accelerated the business, focusing on expanding in vending and ready-to-drink productsCoca-Cola HBC – one of the largest Coca-Cola bottlers in the world – plans to launch Costa Coffee in at least 10 of its...

Nestlé Indonesia invests CHF 99 M to increase production

The investment will allow Nestlé Indonesia to increase its production capacity by 25%.Nestlé Indonesia has announced the expansion of its three factories in Karawang (West Java), Kejayan (East Java) and Panjang (Lampung). The CHF 99 million investment will allow Nestlé Indo...

Constellation Brands Makes Minority Investment in Montanya Distillers

Constellation Brands recorded a 2.4% increase in year-on-year net sales to $2.1 billionConstellation Brands acquired a minority stake in Colorado-based American craft rum maker Montanya Distillers. The investment was made through Constellation Brands Ventures’ Focus on Female Founde...

Noluma certifies China’s probiotic Yogurt

By working with Noluma to develop new, light protected packaging, Honest is setting a new benchmark for China’s dairy industry by maximizing the flavor, nutritional benefits and shelf life for both consumers and Honest’s retailer partnersNoluma International, LLC, the leader in light protection ...

PepsiCo to acquire South Africa’s Pioneer Foods

As part of this transaction and PepsiCo’s goal to become faster and more locally focused, the company will create a new operating sector for Sub-Saharan Africa ("SSA")PepsiCo has entered into an agreement to acquire all the outstanding shares of Pioneer Foods Group Ltd. (JSE: PFG) ("Pioneer Foods"...

AB InBev sells its Australian biz to Asahi Group

The divestiture of Carlton & United Breweries, once completed, will help AB InBev to accelerate its expansion into other fast-growing markets in the APAC region and globallyThe divestiture of Carlton & United Breweries, once completed, will help AB InBev to accelerate its expansion into other fa...

DSM launches new Delvo®Cheese CH-120 culture range

The Delvo®Cheese CH-120 range consists of six rotations and carefully selected culture strains to resist phages. It also creates young cheddar and barrel cheese with the typical neutral flavor and firm, resilient texture of cheddar cheese that the market expectsRoyal DSM, a global science-based com...

Equinom revolutionizes non-GMO soy cultivation

Equinom’s computerized breeding technology is a game changer for food companies, driving market momentum with high-protein, tasty, plant-based products.Israel-based seed-breeding specialist start-up Equinom Ltd. is transforming the soy industry from an idling commodity to a value-added &...

DuPont opens world-class probiotics fermentation unit

Facility Expansion is Part of a $100M Investment to Enhance the Delivery of Essential Health Innovations to ConsumersDuPont has announced the opening of a new state-of-the-art probiotics fermentation unit at its Rochester, New York, facility. Construction of the unit was completed in March as part o...

Campbell to sell its snacks business Kelsen to Ferrero

Campbell Soup Co. and a Ferrero affiliated company sign definitive agreement for sale of Kelsen group for $300 millionCampbell Soup Company has signed a definitive agreement for the sale of Kelsen Group to a Ferrero affiliated company for $300 million, subject to customary purchase price adjustments...

Nestle to sell its ice cream business to Froneri

This milestone deal marks the final stage of the transition of our EMENA ice cream business into Froneri, further strengthening its presence in the regionOsem, Nestlé’s Israeli subsidiary has announced that it agreed to sell its Noga ice cream business in Israel to Froneri. The decision com...

Coca-Cola Amatil launches 100% recycled bottle for carbonated beverages

100 per cent recycled plastic had previously been used in still beverages, it had never successfully been used for carbonated drinksCoca-Cola Amatil has produced Australia’s first carbonated soft drink bottles made from 100 per cent recycled plastic, in a major step forward for sustainability....

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