The latest food and beverage industry news and trend analysis

The deal represents a significant pivot for the heritage spice brand, aiming to modernise its image and connect with the "next generation of taste chasers" by blending culinary expertise with pop culture entertainment.

The appointment signals a strategic push to accelerate the commercial adoption of the company's food waste solutions across the US and Canadian fresh produce and floral supply chains.

Horizon Organic, the largest organic dairy brand in the United States, has announced a major expansion into the coffee adjuncts market with the launch of Horizon Organic Real Dairy Creamers.

The launch is designed to capitalise on the growing consumer appetite for warming spice profiles, while reinforcing the brand's position in the reduced-sugar segment.

The transaction, valued at approximately $3 billion, sees the brewing giant buy out a consortium of institutional investors led by Apollo Global Management.

Consumer-focused private equity firm L Catterton has agreed to acquire a majority stake in Austin-based dairy brand Good Culture. According to reports, the transaction values the business at over $500 million.