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Chobani Unveils New State of the Art Innovation & Community Center

Expansion of world’s largest yogurt plant deepens Chobani’s commitment to employees and local communities

15-Aug-2019

Chobani, LLC, maker of America’s#1 Greek Yogurt brand and the second largest overall yogurt manufacturer in the U.S., today announced the opening of the new Innovation & Community Center in Twin Falls, ID, a 71,000-square-foot facility that promotes a culture of collaboration, creativity, ...

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Food manufacturers increasingly form alliances to counter pressure on innovation and margins

AlixPartners study on the food industry

11-Jul-2019

n the food industry, fundamental changes are emerging in the strategies of companies. The background to this is that large companies around the world are facing increased pressure to innovate and further declining margins. In order to successfully meet these challenges, Swiss food manufacturers ...

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Start-ups for the "Innovative Snacks Challenge" wanted

10-Jul-2019

Sigma Europe announces the "Innovative Snacks Challenge" in Europe - in cooperation with Eatable Adventures. The most promising start-ups in the food sector for the Sigma Group are being sought. Sigma Europe (Campofrio Food Group), one of the leading companies for sausage and ham specialities in ...

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Coca-Cola will maintain its majority stake in Coca-Cola Beverages Africa

28-May-2019

The Coca-Cola Company announced that it will maintain its majority stake in Coca-Cola Beverages Africa for the foreseeable future. With the change, Coca-Cola will begin presenting the financial statements of CCBA within its results from continuing operations in the second quarter of 2019, in ...

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Huhtamaki opens a paper straw manufacturing facility in Northern Ireland

23-May-2019

Huhtamaki celebrates today the opening of its new, state-of-the-art foodservice packaging manufacturing facility in Northern Ireland. The facility is located in the town of Antrim, near Belfast, and it is expected to employ approximately 100 people over the next few years. With the new facility ...

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Amazon Leads $575 Mln Investment Into Deliveroo

20-May-2019

Amazon Inc. (AMZN) is leading a new $575 million investment in British food delivery company Deliveroo, intensifying the e-commerce giant's competition with rival Uber and its Uber Eats service. Deliveroo noted that Amazon is set to be the largest investor in the Series G preferred shared ...

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Cargill invests in cultured meat company Aleph Farms

Global food and agriculture company diversifies protein interests to meet future consumer demand

16-May-2019

The demand for protein is expected to grow 70% over the next 30 years as the global population increases significantly. With an eye to complementing its focus on animal protein, Cargill announced today it will invest in Aleph Farms, a cultured meat company focused on growing complex meat ...

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US beverage giant Pepsico wants to invest billions in Mexico

08-May-2019

The US beverage group Pepsico plans to invest four billion US dollars (around 3.6 billion euros) in projects in Mexico over the next two years. Coca-Cola's competitor announced on Monday (local time) that the construction of a new plant in the Mexican state of Guanajuato is also planned. "This ...

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Delivery Hero reports strong performance in Q1

26-Apr-2019

Delivery Hero Group ("Delivery Hero"), one of the leading global online food ordering and delivery marketplaces, reported strong financial performance for Q1 2019. Delivery Hero has sustained its strong growth through successful deployment of investments, expansion of leadership and delivery ...

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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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