Lurgan, Northern Ireland-based Classic Mineral Water invests £3.4m in developing a third bottling line as it extends its reach into the own-label market and creates 16 new jobs.
Trade and economy leaders in Dubai are looking to position the city as the main food hub in the region, calling for more investment from international food firms and claiming its ‘political stability and ease of doing business’ are major draws.
Toast Ale, the brewery that recycles waste bread into beer, has secured £2m from high-profile investors to help scale its sustainability projects and environmental impact.
After two years of focusing internally to navigate pandemic-related supply chain, labor and other challenges, Keurig Dr Pepper will begin to look outward once again for inorganic opportunities, including mergers & acquisitions, partnerships and minority...
This pandemic is causing huge economic uncertainty and that’s scary for any startup but it’s also a once in a lifetime opportunity for health and wellness entrepreneurs to educate and engage with a health-focused and captive online audience.
Record low coffee prices in Central America are leaving smallholder farmers struggling to cover basic production costs. Starbucks announced it would invest $20m in its coffee growers to mitigate the crisis, “making a positive impact on the lives of many.”
Amcor Flexibles Americas (AFA), which supplies flexible packaging for bread, dairy, confectionery, snacks and coffee, has implemented a 5-10% price increase on its products.
Constantia Flexibles has invested €6m ($7m) to meet a growing demand for specialty laminates in high property barriers, for confectionery, coffee and snacks.
Industry giants Nestlé and Unilever report steady sales growth driven by emerging markets for first quarter of 2017 and predict continued growth throughout the year.
The average company investing in food waste reduction will see a fourteen fold return on their investments and half will see substantially more, says a new report.
Ardagh Group has announced it will expand into the beverage can market by acquiring ‘certain metal manufacturing assets and support locations’ from Ball Corporation and Rexam for $3.42bn.
Peak Rock private equity firm has acquired Berner Food & Beverage, which manufactures private label cheese dips, salsa con queso, alfredo sauce, aerosol cheese products and coffee and latte-based beverages.
Stora Enso has signed an agreement to divest its Barcelona mill, in Spain, which produces recycled-fibre based consumer board, to the private equity fund Quantum for €10m.
Dr Pepper Snapple Group has invested $15m in a minority stake in Bai Brands, which has generated explosive growth in multiple retail channels with its 'antioxidant infusion' low-calorie Bai5 beverages.
The Coca-Cola Company’s chief executive has branded Indonesia “one of the most dynamic countries in the world”, as he opened Coca-Cola Amatil Indonesia’s Cikekodan plant in Bekasi, West Java.
Mark Rampolla: ‘The best time to raise money is when you don’t need it’
What are investors really looking for when they assess a food and beverage business? When it comes to gross margins, is there a magic number? And can you really be in decline when your sales are growing strongly?
UPDATED: Furnace rebuilds, equipment updates on tap for 2015
Ardagh Group, Glass North America, will receive a tax abatement of approximately $6.1m over 10 years from the City of Winchester and a grant of $300k for local equipment purchases and training of employees.
Coke plans to cut at least 1,600 jobs globally including 500 roles at its Atlanta HQ – as the company ploughs on with a $3bn cost-cutting drive announced after an October profit warning.
Mondelēz International will stop manufacturing from its Cadbury Kenya plant at the end of this month as it shifts capacity for Cadbury Drinking Chocolate to Egypt.
Tough markets and cautious optimism were among the main themes in presentations from the biggest food and consumer goods companies in Europe last month, according to investment analysis firm Sanford C. Bernstein.
Coke CEO Muhtar Kent insists Africa is the ‘most dynamic region in the world I can see right now’ as he unveils a further $5bn system investment there and ethical ingredient sourcing plans.
Coca-Cola Enterprises’ (CCE’s) planned £13M bottle production line at its Wakefield facility could help Yorkshire attract global investment and boost the UK economy, according to prime minister David Cameron.
Diageo has confirmed circa. 200 job losses across its head office and regions as the Johnnie Walker and Guinness producer targets annual cost savings of around £200m by 2017.
DS Smith plans to make 54 redundancies across two plants in the UK as it installs a corrugator machine as part of a £100m investment programme, which will be fully operational by the end of the year.
Avantium has closed a financing round of $50m from a consortium including Swire Pacific, The Coca-Cola Company, DANONE, ALPLA, and existing shareholders to advancing PEF packaging material.
Steve Adams is a sensation at Coca-Cola Enterprises (CCE). A former electrical apprentice, he rose to become CCE group director of supply chain operations for Great Britain in April last year, following a four-year stint as operations director at the...
PepsiCo Inc. has announced plans to invest $5 billion in Mexico over the next five years in an effort to strengthen the firm’s Latin American food and beverage footprint.
Future Consumer Enterprise, the FMCG division of Kishore Biyani’s Future Group, has been busy this week, announcing it will launch Sunkist in India, and divesting itself of Capital Foods, a major private-label brand.
BRAND CELEBRATES FIRST ANNIVERSARY OF COKE INVESTMENT
The CEO of Core Power – the first US dairy brand Coke invested in directly – says his firm is selling the ‘sex appeal of vitality’ with its high protein shakes, and plans further product launches.
Boulder Brands believes the future is bright for high pressure processing (HPP) treated fruit juice after snapping up an $8.8m stake in Californian juice brand Suja.
Nestlé organic sales growth slowed to 4.4% in the first nine months of the year, compared to 6.1% in the same period last year, hit by weaker demand from emerging markets and ongoing recession in Europe.
