Plant-based foods top $3bn in sales

The plant-based food sector market has now topped $3.1 billion in sales, having grown 8.1% over the past year. These findings come from the Plant...

Ardo expands North American presence with VLM Foods acquisition

Ardo, a UK frozen food company, has taken a majority stake in VLM Foods, a Montreal-headquartered processed food supplier. The deal also includes a controlling...

Innophos creates $500m food & nutrition platform with novel acquisition

A $500 million food, health and nutrition platform has been formed after Innophos Holdings acquired Novel Ingredients. The $125 million acquisition is part of Innophos...

Eagle Foods expands RTE presence with Popcorn, Indiana acquisition

Eagle Foods has acquired the ready to eat popcorn brand Popcorn, Indiana, as the company looks to bolster its snacks portfolio. The acquisition completes Eagle...

BrewDog to give profits away

BrewDog, the so-called “punk” craft brewery, will give away 20% of its profits every year. 10% will be shared among its staff, while the remaining...

Rum sales poised to break £1bn barrier

The craft cocktail craze has elevated rum sales to record levels as the latest Spirits Report from the Wine and Spirit Trade Association (WSTW)...

Google data reveals beverage trend setters

To keep abreast of the rapidly evolving trends and flavours of the global beverage industry, Google has launched its first Beverage Trends Report. The report...

Amazon gains green light for Whole Foods merger

Amazon’s acquisition of Whole Foods has gained the blessing of regulators after the US Federal Trade Commission gave the merger the green light. Whole Foods...

McCormick spices up flavour portfolio with Reckitt Benckiser brands

McCormick & Company has completed its $4.2 billion acquisition of Reckitt Benckiser's Food Division. This concludes the deal which was originally announced back in July. As...

In brief: Hormel bolsters food service with Fontanini acquisition

Hormel Foods has bolstered its food service division with the acquisition of Fontanini Italian Meats and Sausages. The $425 million deal saw Hormel acquire the...

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