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  • New Zealand dairy group Fonterra reports fiscal FY 2016/17 revenue of NZ$19.2bn (US$15.52bn) - up 12% - with net profit 11% lower at NZ$745m (US$542.4m)

  • Nestlé increases its operating profit margin target to as much as 18.5% and confirms a ‘mid-single digit organic growth target’ - both to be implemented by 2020

  • In the UK, Cargill agrees to establish a joint venture with Faccenda Foods that brings together their businesses in chicken, turkey and duck

  • In New Zealand, milk processing company Synlait Milk is to set up a new R&D centre in Palmerston North after posting an increase in fiscal FY revenue

  • In the US, General Mills relaunches a 'classic' version of its Trix breakfast cereal after consumers complained that a new recipe, available since January, was not colourful enough

  • World history of tea - see new blog by Zenith Chairman Richard Hall on www.bevblog.net

  • New Zealand milk processing company Synlait Milk reports fiscal FY 2016/17 revenue of NZ$759m (US$552.9m) - up 39% - with net profit after tax of NZ$38.2m (US$27.8m)

  • Unilever agrees to sell its spreads business in five southern African countries and pay ZAR4.9bn (US$369.6m) in exchange for the stake in Unilever South Africa Holdings owned by investment firm Remgro

  • Anheuser-Busch InBev adds to its craft portfolio with a deal for Australia-based craft brewery 4 Pines

  • Conagra Brands acquires the US owner of the Angie’s Boomchickapop ready-to-eat popcorn brand from private equity firm TPG Growth

  • According to new research, Chinese demand for spirits will grow at a compound annual rate of 15% until 2021, propelling the market to a US$450bn valuation

  • Network amongst the 260 confirmed attendees including leading industry figures, media and government at this year's British Soft Drinks Industry lunch on Thursday 12 October. Booking closes this Thursday! For more information and to book your ticket go to: www.britishsoftdrinks.com/industry-lunch-2017

  • US grocery retailer Albertsons acquires meal kit start-up Plated, for an undisclosed sum, as it aims to bring more customers to its stores

  • In the US, supermarket chain Kroger unveils a new campaign to eliminate waste across the company by 2025

  • Compass catering group announces the appointment of Dominic Blakemore as its new CEO, effective March 2018, replacing Richard Cousins

  • New Zealand dairy group Fonterra appoints Marc Rivers as its new CFO, effective March 2018

  • In China, the spirits market is expected to reach over US$450bn by 2021, according to a study

  • Nestlé Waters, Voss, Pepsi and Coke are just some of the big industry players presenting at the 14th Global Bottled Water Congress in Barcelona on 23 - 25 October. For the full programme and to book online please visit: www.zenithglobal.com/events

  • General Mills reports a 4% decline in its fiscal Q1 2017/18 sales - down to US$3.77bn

  • Swiss flavours company Givaudan acquires the nutritional division of Brazil’s Centroflora Group as it aims to strengthen its global offering of natural extracts and further develop its presence in Brazil

  • In Thailand, Cargill expands its animal feed and nutrition business with the acquisition of a feed mill in the Prachinburi Province for an undisclosed sum

  • In the US, Irish food and ingredients firm Kerry invests US$28.6m in its facility in Rochester, Minnesota

  • The Consumer Goods Forum (CGF), a network of 400 of the world’s largest food and beverage companies, pledges to standardise food date labels globally by 2020

  • US should halt Philadelphia tax - see new blog from Zenith Chairman Richard Hall at www.bevblog.net

  • 25 countries are represented so far at this year's Global Bottled Water Congress. For the full programme and to book online please visit: www.zenithglobal.com/events

  • Post Holdings agrees to acquire Bob Evans Farms, a US-based manufacturer of refrigerated side dishes and meat products like breakfast sausage, for US$1.5bn

  • FEMSA sells a 5.24% stake in Heineken for €2.5bn, reducing its overall interest in the Heineken Group from 20% to 14.76%

  • In Canada, Premium Brands acquires Ontario-based meat company Leadbetter Foods for an undisclosed sum

  • Sugar reduction specialist DouxMatok closes an US$8.1m financing round led by venture capital fund Pitango

  • Anheuser-Busch InBev expands its Budweiser Prohibition non-alcoholic beer to the UK

  • The industry's ONLY Global bottled Water Awards deadline for entries is this Friday 22 September! Don't miss your chance to be involved in this record breaking year! For full details visit: www.zenithglobal.com/events

  • In Egypt, US ingredients firm International Flavors & Fragrances opens a fully renovated and expanded flavours facility in Cairo

  • Dutch minister of economic affairs Henk Kamp grants a €130m subsidy to Cooperative Jumpstart, founded by FrieslandCampina, for the installation of 103 manure monofermentation systems at dairy farms

  • In the UK, Müller Yogurt & Desserts announces investment of £100m over the next three years to develop, manufacture and market yogurt and dessert products, made from milk produced by British farmers

  • American retailer Walmart announces plans to build a new headquarters in Bentonville, Arkansas, with the new offices set to replace the company's 'outdated existing office'

  • Ingredient solutions provider Ingredion appoints James Zallie as its new President and CEO, effective January 2018​

  • US halts national parks ban - see new blog from Zenith Chairman Richard Hall at www.bevblog.net

  • Only four weeks to go until Zenith's Global Bottled Water Congress. Delegates will hear from leading international and regional manufacturers on market and strategic developments, as well as from innovators and entrepreneurs creating new concepts and products to shape future market growth. To book your place please visit: www.zenithglobal.com/events

  • Nestlé acquires a majority stake in US-based high-end coffee chain Blue Bottle, reportedly amounting to US$500m for 68%

  • In Denmark, DuPont Nutrition & Health invests in its production plant in Grindsted, in the west of the country, to make the site carbon-neutral

  • A report from Unilever claims that the number of collaborations between start-ups and large food and beverage companies will continue to rise

  • In Switzerland, dairy company Emmi launches Ooola Secrets, a range of mousse desserts targeted at ‘sensible indulgence’

  • Glanbia Cheese Chief Executive Paul Vernon is appointed the new Chairman of Dairy UK

  • In France, Danone opens a carbon-neutral bottling plant as part of plans to invest €280m in Evian-les-Bains by 2020

  • German confectionery group Katjes invests in a 15% stake in US muesli maker Seven Sundays through its Katjesgreenfood investment vehicle

  • The President of the European Commission, Jean-Claude Juncker, warns 'there can be no second-class' consumers after recent criticism of food quality discrepancies in Central Europe

  • New research claims that the US plant-based food market has grown by over 8% in the past year

  • In the UK, Müller launches two new yogurts called White Velvet, which it hopes will help reinvigorate the plain yogurt category

  • In Spain, Crown Holdings will build a new beverage can facility in the Valencia region to meet growing demand for aluminium cans

  • In Ireland, dairy cooperative Lakeland Dairies completes a €40m expansion to its milk powder operations in Bailieboro, County Cavan

  • Dairy Farmers of America (DFA) enters a partnership with a US-based clean energy company to bring solar panels to more DFA farmer members

  • In Switzerland, dairy company Emmi launches two new versions of its YoQua yogurt range with 50% less sugar

  • Amplify Snack Brands appoints Greg Christenson as Chief Financial Officer and Craig Shiesley as Chief Operating Officer and President, North America

  • An obesity strategy at last? - see new blog from Zenith Chairman Richard Hall at www.bevblog.net

  • Bühler Group acquires Austrian wafer machine manufacturer Haas Group for an undisclosed sum

  • In the US, Impossible Foods inaugurates a 68,000-square-foot plant in Oakland, California, which will be used to produce its meat substitute products

  • In Australia, new research appears to show that average alcohol consumption has risen for the first time in nine years

  • In the UK, Coca-Cola Great Britain launches an on-pack promotion with limited-edition packaging design for its Diet Coke brand

  • Arla Vice-CEO Povl Krogsgaard is to leave the company, with Arla scrapping the Vice-CEO position

  • 67 acquisitions in August - see new blog from Zenith Chairman Richard Hall on www.bevblog.net

  • Pilgrim's Pride acquires poultry processing business Moy Park for £1bn - both units of Brazilian meat packer JBS

  • Associated British Foods agrees a deal for Acetum, a producer of Italian balsamic vinegar with brands including Mazzetti and Fini

  • In Australia, packaging manufacturer Orora completes a AU$42m (US$33.8m) expansion to its glass bottle plant in Gawler, South Australia

  • In the UK, Anheuser-Busch InBev's Camden Town Brewery launches its first ever TV campaign entitled 'Raise Hells'

  • Research from the US suggests that a plant-based, Mediterranean-style diet may help consumers reduce acid reflux

  • Dutch insect supplier Protix acquires Fair Insects, allowing it to extend its offering in protein-rich foods, meat replacements and health beverages

  • In the UK, PFF Packaging Group invests £1.5m in new injection moulding technology at its manufacturing site in Tyne and Wear

  • In Switzerland, Danone, Kellogg, Aldi and Lidl all commit to reducing the sugar content of their yogurts and breakfast cereals by the end of 2018

  • In the US, Coca-Cola partners McDonald's for a range of bottled RTD McCafé frappes, set to launch through retail next year

  • Kraft Heinz appoints CFO Paulo Basilio as the next head of its US business

  • Nestlé USA agrees to acquire Sweet Earth, a California-based producer of plant-based foods, for an undisclosed sum

  • Unilever announces the acquisition of British organic tea company Pukka Herbs to strengthen its tea business and ‘address a gap’ in its portfolio

  • Israeli flavour house Frutarom buys 51% of Israeli company Turpaz Perfume and Flavor Extracts, in a deal which values the company at US$15.1m

  • The CEO of packaging company Elopak, Niels Petter Wright, decides to leave the company after 10 years in the role

  • Mars teams up with Chinese online retailer JD.com for an exclusive release of a special edition of M&M’s sweet and spicy chocolate flavour

  • Del Monte Pacific posts fiscal FY 2016/2017 sales of US$2.3bn, down 0.9% from the prior year

  • Swiss chocolate manufacturer Barry Callebaut agrees to purchase the ingredients division of US-based Gertrude Hawk Chocolates

  • US investment group L Catterton buys a £15m stake in Scottish brewer Innis & Gunn in a deal which gives the company a value of £58m

  • Mars invests US$1bn to tackle urgent global threats, including climate change, poverty in supply chains and scarcity of resources

  • The Ireland Strategic Investment Fund (ISIF) and Finistere Ventures announces a €20m fund for research and agricultural innovation

  • US beverage guidance – see new blog by Zenith Chairman Richard Hall on www.bevblog.net

  • The Union of European Soft Drinks Associations (UNESDA) has said it will ‘voluntarily cease’ the sale of soft drinks containing added sugars to secondary schools in the European Union (EU)

  • Canada`s Brick Brewing Company sells its Formosa facility for CA$2.4m (US$1.9 m), as it aims to consolidate its supply chain

  • In the US, Tyson Foods invests US$320m in a new chicken processing plant in northeastern Kansas, employing 1,600 people

  • In Colombia, Mexican bakery giant Grupo Bimbo opens a new US$86m plant in Tejo, 20 miles outside of Bogotá

  • The number of food and beverage launches containing stevia rises 13% in Q2 2017 compared to the same period last year, according to a study

  • In the UK, pub operator Admiral Taverns is acquired by a joint venture between Irish drinks firm C&C Group, investment firm Proprium Capital, and Admiral management

  • In the US, Canadian dairy company Saputo reaches a deal to acquire the extended shelf-life dairy product activities of Southeast Milk

  • In South Africa, Anheuser-Busch-owned South African Breweries (SAB) reveals plans to create 10,000 jobs through its entrepreneurship programmes by 2021

  • New data shows that Europe's grocery sector grew by a further 3.7% in Q2 2017 – its highest increase for three years

  • In Australia, Murray Goulburn Co-operative launches a high-protein yogurt called YoPRO with no added sugar and less than 0.5% fat

  • US beverage market value – see new blog by Zenith Chairman Richard Hall on www.bevblog.net

  • Chinese dairy company Inner Mongolia Yili Industrial Group posts H1 2017 revenue of CNY33.49bn (US$5.13bn) - an 11.3% increase from the same period last year

  • Wine producer Vina Concha y Toro reports H1 2017 sales of US$166m, down 4.2% from the same period last year, due to lower volume and adverse exchange rate impact

  • Spanish wine exports reach their highest ever level during H1 2017, with a value of €1.32bn, up 6% on the corresponding period last year

  • DuPont Nutrition & Health and Dow Chemical completes its US$130bn merger to form DowDuPont

  • In South Africa, Pioneer Foods appoints Tertius Carstens as its next CEO, replacing Phil Roux, who is retiring

  • Royal FrieslandCampina posts H1 2017 revenue increase to €6.1bn, up 10.7% from the same period last year

  • Campbell Soup Company reports a 1% decline in its fiscal Q4 2016/17 sales - down from US$1.68bn last year compared to US$1.66bn this year

  • Canadian dairy cooperative Agropur acquires the remaining 50% stake in its joint venture with yogurt manufacturer Ultima Foods for an undisclosed sum

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