Tea, Coffee & Cocoa – WORLD NEWS
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Mubadala invests in Luckin Coffee in US$1B deal with Centurium Capital
The strategic investment brings Abu Dhabi’s Mubadala into Luckin Coffee’s shareholder base as the Chinese coffee chain continues expanding its technology-led retail network.
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Paulig to launch dedicated coffee business unit in 2027
The Finnish food and beverage group expects the new structure to sharpen its focus on coffee, improve operational efficiency and support long-term profitability.
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Barry Callebaut appoints Thomas Gaengler as Chief Operating Officer
The appointment comes as Barry Callebaut reports stronger third-quarter volumes and outlines expectations for its fiscal 2025/26 performance.
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ICCO cuts global cocoa surplus forecast to 37,000 T
Ghana and Côte d’Ivoire receive higher living-income reference prices as the global cocoa market faces changing production, demand and weather conditions.
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J.M. Smucker raises 2027 profit outlook as coffee sales drive strong Q1 growth
The packaged foods maker expects a smaller annual sales decline after coffee and Uncrustables growth helped lift first-quarter revenue and earnings above analyst expectations.