Top News
Christopher Doering / food_dive:
— IFF is divesting 90% of its food ingredients business to CVC Capital Partners in a deal that values the unit at about $4 billion. The transaction is expected to close by the end of the second quarter of 2027.
Laurel Deppen / food_dive:
— Ingredion’s proposed $3.7 billion acquisition of Tate & Lyle has potential to create a $10 billion global ingredient company. If approved, Ingredion will add Tate & Lyle’s sugar reduction portfolio to its existing sweeteners, starches, ingredients and biomaterials.
Timothy Inklebarger / food_navigator_usa:
— Total sales rose 11.6% to $69.15 billion, with comparable-store sales up 9.8% in the quarter. Gasoline comparable-store sales increased more than 20% as U.S. comps rose 9.4%, beating analyst estimates.
the_grocer:
— The UN’s Food and Agriculture Organisation warned that increasing instability around Hormuz could trigger a major crisis in food prices within six to 12 months. The conflict has disrupted global energy and fertiliser trade, raising production costs and threatening agricultural yields.
BevNET.com Staff / bevnet:
— BevNET Live NYC 2026 attendees have the opportunity to request private, pre-scheduled, 10-minute 1:1 conversations with retail and investment leaders who understand the challenges of building and scaling beverage brands. Learn what retailers and investors are looking for as they’re scoping out new products for their shelves and portfolios.
Catherine Douglas Moran / food_dive:
— By the end of 2026, state-specific restrictions are expected to impact one-third of participants in the government food assistance program, Numerator found.
verasidfhaosidhsodih / vegconomist_de:
— Per capita consumption of drinking milk in Germany has fallen by more than a quarter over the past three decades and reached a historic low of 45.1 kilograms in 2025. These are the latest figures from the Federal Information Centre for Agriculture (BZL).
Martín Caballero / bevnet:
— Trek One Capital is expanding its holdings in plant-based CPG with a pair of acquisitions: flax milk brand Good Karma Foods and protein bar maker No Cow. The transaction, announced on May 18, brings both brands under Houston-based Trek One Capital’s growing umbrella.
verasidfhaosidhsodih / vegconomist_de:
— Allos will launch four new products in organic specialty retail from June 2026: an Oat Matcha Latte with no added sugar and three spreads in the new “Taste of the World” range. The spreads include pea-based guacamole, baba ganoush, and onion chutney.
Deniz Ataman / food_navigator_usa:
— The category is approaching roughly a million in monthly popularity on Google searches, a 32% year-over-year increase, according to Spate. The gum and mint category has expanded by nearly $1.7 billion in dollar sales since 2020 and is expected to reach $6.7 billion by 2030.
the_grocer:
— The merger will take effect on 1 June 2026, bringing together 11,200 dairy farmers and about 28,000 employees under the Arla name. The combined business will have a milk pool of 19.4 billion kilos annually and pro forma revenue of more than €20bn.
the_grocer:
— Charlie Bigham’s has sold the upmarket frozen ready meal maker ByRuby back to its founder to focus on the continued growth of the flagship brand. Milly Bagot, who founded ByRuby with Leiths-trained chef Ruby Bell in 2017, bought the brand back this month for an undisclosed sum, newly filed accounts for Charlie Bigham’s revealed.
ESM Magazine / esm_magazine:
— Waitrose has lowered prices by an average of 12%, aiming to reduce the cost of everyday shopping for nearly eight in ten customers. Prices for selected essentials including eggs, chicken thighs and chopped tomatoes have been reduced, with some items cut by more than 25%.
ESM Magazine / esm_magazine:
— Asda will use Ocado’s Smart Platform to replace and upgrade its existing online infrastructure, with rollout across stores and dark stores from 2027. The agreement includes front-end, in-store fulfilment and last-mile delivery software.
Mark Hamstra / supermarket_news:
— In the Spring digital issue, Supermarket News released its first-ever Super50 Supermarkets List. This list is unique to all other lists out there in the fact it does not use annual revenue as a main factor in the rankings.
ESM Magazine / esm_magazine:
— Schomburger will succeed Donnie King, who has been with the company for 43 years. He previously served as Procter & Gamble’s global sales officer and has been a Tyson board member since 2016.
ESM Magazine / esm_magazine:
— Large retail groups increasingly require suppliers capable of guaranteeing operational continuity, production stability and genuine responsiveness at international scale. More European retailers are prioritising manufacturers with their own production facilities, direct industrial control and coordinated logistics capabilities within Europe.
Ani Freedman / athletech_news:
— The company is pouring $30 million into expanding its portfolio across Oregon, adding six new locations and upgrading four existing facilities spread amongst Bend, Eugene, Medford, Portland and Yakima. The new locations will bring the franchisee’s footprint to 30 clubs throughout Oregon.
Thomas West / food_manufacture:
— Crafted in collaboration with the Football Association and the Scottish Football Association, the cupcakes will go on sale in Tesco bakery aisles from 1 June ahead of the FIFA World Cup. Both packs of nine vanilla cupcakes are officially licensed merchandise featuring the national team crests.
Thanh Nha / inside_fmcg:
— The Australian avocado industry has launched a virtual reality supply chain training program in partnership with Woolworths. Funded by Hort Innovation, the program supports more consistent avocado handling from orchard to retail shelf.
businesswire_food:
— Marquee Brands, together with The Level Group as principal operating partner, have entered into a binding agreement to acquire control of the Roberto Cavalli brand. The transaction was concluded with DAMAC Group as part of a strategic reorganization of the group.
businesswire_food:
— Equity Data Science (EDS) announced the appointment of Sebastian Lonza, CFA, CAIA as Chief Revenue Officer. Lonza joins EDS with over a decade of experience helping institutional investors modernize their investment workflows.
businesswire_food:
— The leveraged ETF provides 2x daily long exposure to T1 Energy Inc. (NYSE: TE). TEUP is designed to deliver 200% of TE's daily performance.
businesswire_food:
— UPS (NYSE: UPS) today announced it has invested nearly $50 million in network capabilities and dedicated industry teams to help automotive and industrial manufacturers operate with greater resilience and precision. The company also launched an air freight expansion in Mexico.
Marcy Kreiter / food_institute:
— Pizza Hut has been working on the transformation since 2019 and has converted 144 of its nearly 20,000 locations worldwide. The brand, owned by Yum! Brands, closed 250 outlets in the last year.