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Latest News: Food & Drink

June 24, 2022
Food & Drink

Carlsberg has announced the departure of its chief financial officer (CFO), Heine Dalsgaard, after six years in the position. In a statement, Carlsberg said that Dalsgaard was resigning from the post to take up the role of CFO at a private equity-backed company in a different industry.

June 24, 2022
Food & Drink

Kellogg will split into three independent companies to focus on the snack business, Reuters reported Tuesday. The snacking portfolio will comprise the main business, while the North America cereal unit and the plant-based business will be spun off. The company is also considering a sale of the plant-based business.

June 24, 2022
Food & Drink

The snacks giant says the acquisition will help build on its commitment to “lead the future of snacking” in key geographies worldwide. Once the transaction is completed, Mondelēz will continue to operate the Clif Bar business from its headquarters in Emeryville, California. The snack giant will also continue to manufacture Clif Bars’ products, which include Clif Bar, Luna and Clif Kid, at its facilities in Idaho and Indiana.

June 24, 2022
Food & Drink

Keurig Dr Pepper (KDP) has signed a definitive agreement to acquire non-alcoholic, ready-to-drink cocktail brand, Atypique, from Station Agro-Biotech. Atypique provides a range of ready-to-drink cocktails, including margaritas, gin and tonics, and mojitos. The acquisition will complement KDP’s existing ready-to-drink alcohol portfolio and non-alcoholic business in Canada.

June 19, 2022
Food & Drink

Tetra Pak has announced plans to collaborate with fungi-based natural ingredient manufacturer Mycorena to construct a facility for alternative protein production. The new greenfield production facility will be located in Falkenberg, Sweden, and will produce meat replacement products through fungi-based fermentation.

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