WORLD NEWS
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Nestlé to close Hungary confectionery factory as seasonal chocolate demand declines
Nestlé plans to transfer production to a UK co-manufacturer while seeking a new investor to continue confectionery manufacturing at the Hungarian site.
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Refresco appoints Minsok Pak as President and Chief Strategy & Transformation Officer
The former CJ CheilJedang Foods CEO will lead Refresco’s global strategy, M&A and transformation initiatives as the beverage manufacturer accelerates expansion.
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DeVANS Modern Breweries launches Gingalalahu craft dry gin
The award-winning small-batch gin is rolling out across key Indian markets as DeVANS strengthens its presence in the growing premium craft spirits segment.
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dsm-firmenich partners with Nous to commercialize caffeine-free energy ingredient Koncentra
The partnership aims to accelerate the commercialization of Koncentra, a botanical ingredient designed to deliver sustained energy, focus and mood support without caffeine.
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Brown-Forman CEO Lawson Whiting to retire
Brown-Forman has begun a global search for a new CEO as Lawson Whiting prepares to step down after nearly three decades with the spirits company.