Veganz, a German company, secures new funding for growth
German plant-based food manufacturer Veganz has successfully secured up to €10m ($10.9m) in equity financing. The funding was obtained through a securities purchase agreement with...
Author : FAB Team
SodaStream Collaborates with TV Host Merlin Griffiths to Unveil Three New Flavors
SodaStream has notably expanded its product lineup, introducing three exciting new flavours: Cloudy Lemonade, Orange Mango, and Passionfruit. To effectively launch this new range, the...
UK frozen food organizations support carbon emission reduction campaign
The UK frozen food industry is exploring ways to reduce carbon emissions by raising the temperature at which frozen food is stored and transported. Two...
Coppice Alupack acquires flexible packaging firm Sirane in a secured sale by administrators
The sale of the Telford-based company, Sirane, and its assets was completed with undisclosed financial details. Specializing in packaging solutions and absorbent products, specifically pouches,...
FTA leads to 500% increase in Australian red meat exports to UK
The Australia-UK Free Trade Agreement, which took effect on 31 May 2023, has boosted Australian red meat exports to the UK. Since then, Australia has...
Nestlé expands investment in Indian joint venture with Dr Reddy’s
Nestlé’s Indian arm has invested Rs7.06bn ($83.9m) in its joint venture with pharma group Dr Reddy’s in India. Nestlé India will maintain a 49% shareholding...
Coca-Cola Europacific Partners makes strategic investment in industrial fuel cell technology startup
Coca-Cola Europacific Partners (CCEP) Ventures has made a strategic investment in an innovative industrial fuel cells technology startup. This move represents CCEP’s continued commitment to...
Private label brands gaining ground over US food volume share
The US food industry continues to see a shift towards private label products over branded consumer foods. According to analysis by US investment bank AllianceBernstein,...
UK-based healthy product company Nim’s rebrands as its product range expands
Nim’s, a UK better-for-you manufacturer renowned for its air-dried fruit and vegetable crisps, has undergone a rebranding to better represent its expanding product range. Now...
Reckitt and Abbott face potential multibillion-dollar costs in infant-formula cases
In the realm of the food and beverage industry trends, senior litigation attorney Dr. Paul Kaufman anticipates that legal actions against major infant-formula suppliers Abbott...