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Starbucks commits $100 million as cornerstone investor in Valor Siren Ventures I

22-Mar-2019

Starbucks Corporation (NASDAQ: SBUX) today announced its pioneering investment in the new Valor Siren Ventures I L.P. (VSV), which will serve as a growth driver for the next generation of food and retail start-up technology companies. Managed by Valor Equity Partners, a leading growth-focused ...

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Mondelēz International Takes Minority Investment in Uplift Food Start-Up

08-Mar-2019

Mondelēz International announced today it has taken a minority investment in Uplift Food, a US-based early-stage start-up focusing on prebiotic functional foods. This is the first venture investment the company is making as part of SnackFutures, the company’s innovation and venture hub aimed at ...

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Coca-Cola European Partners to invest over €500 million in 2019 to deliver world class customer service

25-Feb-2019

Coca-Cola European Partners (CCEP) will invest over €500 million in 2019, as part of an ongoing multi-year €1.5 billion investment programme. The announcement will be made at today’s CAGNY Conference for investors in Miami. The programme focuses on delivering more for our customers by investing ...

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Nordzucker agrees majority stake in Mackay Sugar Limited

Acquisition of 70 percent majority stake in Australian sugar producer Mackay Sugar

12-Feb-2019

Nordzucker and Mackay Sugar Limited have contractually agreed that Nordzucker will acquire a 70 per cent majority stake in Australia's second-largest sugar producer. Nordzucker is thus building up production capacities outside Europe and consistently pursuing its strategy of focusing on sugar ...

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Delivery Hero grows revenue by 77% for the full year 2018

06-Feb-2019

Delivery Hero Group ("Delivery Hero"), one of the leading global online food ordering and delivery marketplaces, accelerated growth in the fourth quarter. In the financial year 2018 revenue grew by 77% year-on-year on a constant currency basis excluding Germany and accounting for hyperinflation ...

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Nestlé Mexico to invest USD 154 million in new coffee factory

20-Dec-2018

Nestlé has announced a USD 154 million investment in a new coffee factory in Veracruz, Mexico. In its first phase the factory will employ 250 people directly and generate a further 2,500 indirect jobs. It has the potential to provide 1,200 direct jobs and 12,000 indirect jobs at the end of its ...

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Pernod Ricard and the e-commerce platform Jumia strengthen their partnership

The two companies will develop innovative distribution strategies on the African continent

20-Dec-2018

Pernod Ricard, the world's second largest wine and spirits’ company present in 13 African countries, and Jumia, the leading e-commerce player on the continent, today announced the strengthening of their partnership. In this context, Pernod Ricard will invest into Jumia, thus becoming a strategic ...

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Givaudan launches MISTA – a new innovation platform for the food industry

04-Dec-2018

Givaudan, the global leader in flavours and fragrances, has launched MISTA, a new innovation platform for the food industry. More encompassing than an incubator or accelerator, MISTA is an optimiser, enabling start-ups and established corporations to optimise ideas, products, people and ...

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Kellogg Company Sharpens Focus, Aligns Resources Around Biggest Opportunities for Growth

13-Nov-2018

Kellogg Company announced today two significant changes to its North American business designed to ensure it has the right operating model and portfolio to deliver profitable growth in the future. First, beginning inJanuary 2019, Kellogg's North American (KNA) organizational structure will be ...

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Reimann wants to continue investing in non-alcoholic beverages

24-Sep-2018

The German Reimann family wants to continue investing in the soft drinks market. "The global market for non-alcoholic beverages has a volume of 1.3 trillion dollars.There are still huge opportunities," said Peter Harf, manager of JAB Holding, the "Manager Magazin" controlled by the ...

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