Zenith Global is pausing its Daily Industry News service from 1 August. For free industry updates, subscribe to FoodBev’s newsletters: www.foodbev.com/newsletters. You can still access the searchable archive at: www.zenithglobal.com/news/industry-news
Keurig Dr Pepper posts net sales of US$3.55bn (+13.2%) for the second quarter, and raises its guidance for the full year
Yili Group subsidiary Westland Milk opens its upgraded butter plant in New Zealand, which is now the "largest" butter facility on the west coast
Spanish technology company Azkoyen Group acquires Spanish coffee machine company, Ascaso, for €17m
US non-alcoholic aperitif company, De Soi, raises US$4m in a seed funding round, as it looks to expand its retail footprint
8th annual Global Water Drinks Awards now open for entries. 18 awards to win, celebrating excellence and innovation across all sectors of the global water drinks industry - www.zenithglobal.com/events/gwda2022
Zenith Global is pausing its Daily Industry News service from 1 August. For free industry updates, subscribe to FoodBev’s newsletters: www.foodbev.com/newsletters. You can still access the searchable archive at: www.zenithglobal.com/news/industry-news
Danone posts net sales of €13.33bn (+7.4% LFL) for the first half of the year, with its results boosted by pricing actions
Nestlé announces the opening of a US$340m Nescafé coffee facility in Veracruz, Mexico, creating 1,200 new jobs in the region
Kingsland Drinks partners with Manchester Still to install a new fermentation and distillation facility adjacent to its site in Irlam, Salford
Canadian superfood latte company, Blume, secures CAD 2m (approx. US$1.6m) in an oversubscribed capital raise, as it looks to further expand in the US
Zenith Global forecasts 15% growth in the European water dispense market from 2021 to 2026, expanding from 5.3 million units to 6.1 million units. Access the latest insights at www.zenithglobal.com/market-insights/reports