WORLD NEWS
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Diageo to acquire fast-growing Philippine rum brand Don Papa for US$281m
PHILIPPINES – London -based multinational alcoholic beverage company Diageo is leaning Into Super-Premium drinks alongside whisky and tequila following reaching an agreement to buy the…
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PepsiCo invests in new warehousing facility in Arizona, expands GBSC in Hyderabad
GLOBAL – PepsiCo Beverages North America (PBNA) has opened a new 238,000-square-foot warehousing facility in Goodyear, Arizona, to house 300 employees at full capacity. The…
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Azelis adds smoke ingredients to its portfolio with Smoky Light acquisition
NETHERLANDS – Food ingredient solutions supplier Azelis has acquired Smoky Light, an established smoke ingredients distributor in the Benelux region market. Smoky Light B. V…
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Multus secures funding to build First-of-its-kind growth media factory in UK
UK – Multus, a biotechnology start-up company, has received €8.9 million (US$9.6 million) in funding to build a first-of-its-kind facility that will focus on manufacturing…
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Vall Companys attains full ownership of Spanish pork producer Embutidos Rodríguez
SPAIN – Grupo Vall Companys, has acquired full ownership of Embutidos Rodríguez, a company that specialises in pork products also based in Spain. Founded 60…