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Business & Finance

Nestlé Appoints Gordon Yule Business Executive Officer for New UK and Ireland Nutrition & Health Business

June 1, 2026

Nestlé Appoints Gordon Yule Business Executive Officer for New UK and Ireland Nutrition & Health Business

Nestlé UK and Ireland has appointed Gordon Yule as Business Executive Officer to lead its newly combined Nutrition and Health division, effective 1 June 2026.

Raisio Secures €1.8m Investment for Upcycled Grain Fibre Project

May 31, 2026

Raisio Secures €1.8m Investment for Upcycled Grain Fibre Project

Finnish food company Raisio has secured €1.8 million in funding from Business Finland to develop functional fibre ingredients from grain processing side streams.

IFF Enters $4.3 Billion Agreement to Sell Food Ingredients Business to CVC

May 29, 2026

IFF Enters $4.3 Billion Agreement to Sell Food Ingredients Business to CVC

Global ingredients provider IFF has agreed to sell its Food Ingredients division to private equity firm CVC Capital Partners in a deal valuing the business at approximately $4.3 billion.

Charoen Pokphand Foods and FPT Corporation Partner to Advance Artificial Intelligence in Southeast Asian Agriculture

May 29, 2026

Charoen Pokphand Foods and FPT Corporation Partner to Advance Artificial Intelligence in Southeast Asian Agriculture

Charoen Pokphand Foods and FPT Corporation have signed a strategic agreement to deploy artificial intelligence and digital transformation platforms across Vietnam’s agricultural and smart manufacturing sectors.

Ingredion and Sanstar Announce Joint Venture to Serve Indian Food and Pharma Markets

May 29, 2026

Ingredion and Sanstar Announce Joint Venture to Serve Indian Food and Pharma Markets

Global ingredient provider Ingredion has formed a joint venture and acquired a 9% equity stake in India’s Sanstar Limited to manufacture speciality pharmaceutical and food ingredients.

Unilever Invests $270m in Global Innovation Centre in Connecticut

May 29, 2026

Unilever Invests $270m in Global Innovation Centre in Connecticut

Unilever is investing 270 million USD in a new Global Innovation Centre in New Haven, Connecticut, integrating artificial intelligence, quantum computing, and neuroscience to accelerate personal care, beauty, and wellbeing product development.

Arla Foods and DMK Group Secure Regulatory Approval for Merger

May 29, 2026

Arla Foods and DMK Group Secure Regulatory Approval for Merger

Arla Foods and DMK Group have secured final regulatory clearance for their merger, establishing Europe’s leading farmer-owned dairy cooperative with a combined revenue exceeding €20 billion.

Gregorys Coffee Signs Its First Agreement with Homegrown Operator

May 29, 2026

Gregorys Coffee Signs Its First Agreement with Homegrown Operator

Speciality coffee brand Gregorys Coffee has signed its first-ever franchise agreement with long-time employee Stavros Zamfotis to open a new location in Bergen County, New Jersey.

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