PepsiCo joins forces with Yara to develop eco-friendly fertilizers.
PepsiCo has partnered with Yara International to secure lower-emission crop nutrients for its European business. Yara will supply up to 165,000 tonnes of fertiliser per...
Category : Finance
The Krüger Group of Germany Acquires Swiss Sweetener Company
German food and beverage manufacturer Krüger Group has acquired Switzerland-based Hermes Süssstoff from pharmaceutical company Klosterfrau. The acquisition includes brands such as Hermesetas, SteviaSweet, and...
Katjes Group increases ownership in personalized cereal company Mymuesli
Germany’s Katjes Group has increased its stake in local organic muesli maker Mymuesli to around 56%, becoming the majority shareholder. This move, facilitated through its...
Luiz Amaral, CEO of SBTi, to resign from position
The Science Based Targets initiative (SBTi) recently announced the resignation of CEO Luiz Amaral for personal reasons. Susan Jenny Ehr, the Chief Legal Officer, will...
Shareholders of Synlait approve bailout by Bright Dairy
Synlait Milk, a New Zealand dairy business, has recently secured shareholder backing for a substantial loan from its major supporter, Chinese company Bright Dairy. The...
Private-equity group acquires Molino Nicoli
Italy’s Clessidra Private Equity SGR has acquired Molino Nicoli, a local better-for-you cereals manufacturer, from the Nicoli family. The financial details of the transaction have...
Private-label brands have the highest market share in the US in the first half of the year
According to new findings from the Private Label Manufacturers Association (PLMA), the food and beverage industry saw a boost in private-label growth in the US...
The contamination at the Quaker Oats plant traces back to 2020
The US Food and Drug Administration (FDA) recently issued a warning letter to PepsiCo regarding the presence of salmonella at a Quaker Oats facility in...
Podravka acquires a portfolio of food and beverage assets from Fortenova
Croatian food group Podravka is set to acquire several food and beverage companies from local agri-food business Fortenova Group. The agreement designates Podravka as the...
PepsiCo and Varun Beverages team up to launch new snacks venture
Varun Beverages, a part of India’s RJ Corp. food and drinks group, has recently forged an agreement with PepsiCo to manufacture and distribute snacks in...