invests

Exciting News: Former NBA star Shaquille O’Neal has made an investment in BeatBox Beverages, a popular brand of ready-to-drink cocktails known for their high alcohol content. The financial details of the deal remain undisclosed. Additionally, the brand has introduced a…

Anheuser-Busch Invests $4.2 Million in Williamsburg Brewery Anheuser-Busch has announced plans to invest $4.2 million in upgrades to its brewery in Williamsburg, Virginia. The goal is to strengthen its U.S. manufacturing footprint, with new equipment aimed at boosting efficiency in…

Exciting News: Constellation Brands’ venture capital arm has recently acquired a minority stake in Hiyo, a nonalcoholic “social tonic” that includes a mix of functional ingredients such as adaptogens, nootropics, and botanicals. John Utter, Constellation’s senior vice president of new…

Summary: Ingredion is investing over $100 million to enhance the efficiency and production capabilities of its Indianapolis facility. The investment will enable the company to increase the production of texture-based ingredients and introduce new offerings to its product portfolio. Ingredion…

Dive Brief: Mondelēz International’s SnackFutures Ventures, a venture capital arm of the company, was one of the investors in a $4.5 million financing round for Celleste Bio, a producer of cell-cultured cocoa ingredients. The investment was led by Supply Change…

Ferrero Invests in U.S. Hazelnut Farming Ferrero Hazelnut Company, a division of Ferrero Group, has recently made a significant investment of $340,000 to enhance hazelnut production in the United States. This investment is aimed at strengthening the hazelnut industry in…

Dive Brief: Nestlé is investing $150 million to expand its plant in Gaffney, South Carolina, focusing on single-serve frozen meals production and enhancing automation and digital technology. The U.S. frozen food market is growing rapidly, with Nestlé aiming to capitalize…

Dive Brief: Hershey has announced a new agreement as part of its ongoing efforts to support cocoa growers, improve children’s well-being, and protect the environment in cocoa-producing regions. The company’s “Cocoa For Good” program focuses on addressing poverty, malnutrition, at-risk…

French Bloom, a luxury nonalcoholic sparkling wine maker, recently received a significant minority investment from Moët Hennessy. The financial details of the deal were not disclosed. Launched in 2021, French Bloom is now available in more than 30 countries. Crafted…

AB InBev’s Anheuser-Busch is investing $16 million in expanding its Los Angeles brewery to enhance its production of “beyond beer” beverages like Cutwater and Nütrl vodka seltzer. The company also plans to improve its capacity for 25-ounce cans to meet…