Connecting Industries Worldwide

Food, Beverage and Agriculture

Starbucks Corporation has announced it will form a global coffee alliance with Nestlé S.A. to accelerate and grow the global reach of Starbucks brands in Consumer-Packaged Goods (CPG) and Foodservice.

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Nestlé Purina PetCare has acquired a majority stake in Tails.com, a direct-to-consumer, tailor-made dog nutrition business based in the UK. With the rapid growth of personalised pet nutrition, as well as subscription services, Nestlé Purina’s shareholding in this digital-first business offers significant growth opportunities for both companies.

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This May, in the U.S, Pop-Tarts® Toaster Pastries is releasing two all-new, ingenious toaster pastries that up the ante when it comes to taste, with two flavours side-by-side in one tart: Frosted Strawberry & Drizzled Cheesecake and Drizzled Sugar Cookie & Frosted Brownie Batter.

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The European Union and Mexico has reached a new agreement on trade, part of a broader, modernised EU-Mexico Global Agreement. Practically all trade in goods between the EU and Mexico will now be duty-free, including in the agricultural sector.

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Nomad Foods Limited has announced that it has completed its previously announced acquisition of Green Isle Foods Ltd (“Goodfella’s Pizza) from a subsidiary of Boparan Holdings Ltd. for a purchase price of £200 million, subject to customary working capital adjustments.

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Leading global agri-business, Olam International (“Olam’’), has launched AtSource – a sustainable and traceable sourcing solution that will provide unrivalled environmental and social insights into the journey of agricultural raw materials and food ingredients from the farm to manufacturing and retail customers.

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Hostess Brands Inc has announced that its Board of Directors has named consumer packaged goods executive Andrew “Andy” Callahan as the Company’s President and CEO, effective 7th May.

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To meet increasing customer and consumer demand for a greater variety of cooked egg products, Cargill has invested $20 million to expand its Big Lake, Minnesota, egg processing facility.

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