WORLD NEWS
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Syngenta, McDonald’s, McCain partner to modernize China’s potato supply chain with smart farming
The partnership represents a collective effort to build a more resilient agricultural sector in China.
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Refresco agrees to acquire insolvent Rhenser Mineralbrunnen
Refresco will acquire Rhenser Mineralbrunnen’s operations and production assets, strengthening its mineral water portfolio and expanding manufacturing capacity in Germany’s glass bottle segment.
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Nestlé launches Nescafé KitKat White Latte and Lion Mocha
Nestlé expands its confectionery-inspired coffee portfolio with two new Nescafé frothy beverages, backed by increased UK manufacturing capacity and continued sustainability progress.
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Germany proposes 20% spirits tax increase
Germany plans to increase taxes on spirits, sparkling wine and alcopops by 20%, while beer and still wine remain unchanged under a proposed fiscal reform package.
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Damm targets US$4.6B revenue by 2030 through international expansion, UK growth and portfolio diversification
Damm is accelerating its international expansion with investments in manufacturing, acquisitions and innovation as it targets doubling revenue by 2030 through diversified beverage operations.