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Fresh Del Monte Produce is acquiring assets of California-based Del Monte Foods for $285 million, bringing the iconic produce name under a single owner for the first time in nearly four decades. The deal comes as canned food maker Del…

Key Takeaways: Bel Group, the company behind Babybel and GoGo Squeez, has announced a strategic partnership with food technology company Foodberry to develop healthier snacks using real fruit. Bel’s U.S. division will utilize Foodberry’s plant-based coatings made from real fruit…

Hain Celestial Appoints Alison E. Lewis as Permanent CEO Alison Lewis, who has been serving as the interim CEO of Hain Celestial, is now taking on the role permanently. The organic and natural products maker is hopeful that Lewis will…

Brown-Forman, a leading spirits company, has reported a significant decline in sales in Canada due to an ongoing boycott of U.S. alcohol sparked by President Donald Trump’s tariff policies. Sales in the country dropped by 62% in the second quarter,…

Diageo, a leading company in the alcohol industry, has appointed Dave Lewis, a seasoned consumer products veteran, as its new CEO. This decision comes as Diageo navigates changing consumer preferences and explores the possibility of selling some of its brands.…

Sazerac has recently acquired the renowned small batch spirits producer Western Son Vodka and Distillery based in Texas, marking a significant addition to their portfolio. Known for its diverse range of flavored vodkas and gin distillation, Western Son’s acquisition complements…

Key Takeaways: Insightful Analysis: The recent acquisition by Heartland of SLIMFAST is a strategic move to expand its presence in the better-for-you market segment. By adding a well-known brand like SLIMFAST to its portfolio, Heartland is not only catering to…

Dive Brief: The CEO of Japanese beverage powerhouse Suntory Holdings stepped down following a police search of his home related to the purchase of potentially illegal supplements. Takeshi Niinami, the CEO in question, claims he was unaware that the supplements…

Key Takeaways: Leanne D. Cunningham, Brown-Forman’s finance chief, plans to retire on May 1, as per a Securities Exchange Commission filing on Aug. 21. The spirits company, known for brands like Jack Daniel’s whiskey, is 155 years old. Cunningham joined…

Exciting news in the beverage industry as Generous Brands announces the acquisition of popular kombucha brand Health-Ade for a whopping $500 million. Health-Ade has quickly become a favorite among consumers, with its fermented fizzy tea offering probiotics and immune-boosting antioxidants…