WORLD NEWS
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Campari Group invests more in bourbon segment with acquisition of 70% stake in Wilderness Trail Distillery
US – Italian spirits group Campari is eying to expand its portfolio by agreeing to acquire an initial 70% interest in Kentucky-based Wilderness Trail Distillery.…
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Danone beat analysts’ expectations in Q3 results, posts sales rise of 9.5%
FRANCE – French food and beverage giant, Danone, has reported third-quarter net sales of EUR7.3bn (US$7.3bn), up 19.1% on a reported basis and 9.5% in…
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Executive Appointment Roundup: New appointments at Barilla, Strauss Group, Keurig Dr Pepper
Barilla names Gianluca Di Tondo as new CEO Barilla, the world’s largest pasta producer, has appointed chief marketing officer Gianluca Di Tondo to replace Claudio…
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ScaleUp Bio to set up two facilities in Singapore to accelerate precision fermentation startups
SINGAPORE – ScaleUp Bio, a joint venture led by nutrition and food processing corporation ADM and Temasek’s Nurasa, is planning to open two dedicated precision…
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Keurig Dr Pepper registers growth of 11.4% in Q3 results
US – Keurig Dr Pepper (KDP) has reported strong results for the third quarter that ended September 30, 2022, with net sales growth of 11.4%…