Uber is in talks with Deliveroo to acquire the London based food delivering startup. Although the value of the deal has not been indicated in the reports, the sources believe it needs to be substantially above Deliveroo’s latest valuation for it to consider selling. Deliveroo, …

Nestle has reportedly announced to put its skin healthcare unit up for sale since the food and beverage giant intends to divest its underperforming businesses and combat criticism from an activist investor demanding a revamp. As per trusted sources, the company has been exploring strategic …

Cargill Meat Solutions, based in the United States, has made it to the headlines recently for recalling approximately 132,000 pounds of ground beef products. According to the United States Department of Agriculture (USDA), the recall has been attributed to the possible contamination of beef with …

Ireland’s Taste & Nutrition company, Kerry, has inaugurated its first production plant in the Istra district of Moscow in Russia. As per sources, the new production and warehouse facility will span 7,000 sqm and will employ more than 50 workers for conducting its operations. According …

Food processing giant Heinz has reportedly launched a hybrid condiment, named Mayochup, that combines mayonnaise and ketchup. As per trusted sources, the product has been unveiled in the American market after the company conducted a successful campaign to launch the new sauce. After successfully launching …

Some of the world’s biggest consumer goods giants like Nestle, Coca-Cola and Unilever have reportedly submitted bids to acquire GlaxoSmithKline’s Horlicks business which is currently being valued at more than $4 billion. As per reliable sources, the malt-based drink of Horlicks offers a significant footprint …

The US Food and Drug Administration has reportedly announced to have approved PhageGuard-E as a GRAS (Generally Recognized as Safe) food processing aid against E. coli O157. As per trusted sources, the Netherland-based Micreos has manufactured the new solution which consists of natural phages against …

JBT Corporation, an American food processing machinery and airport equipment firm, has reportedly launched the SteriCompact packaging processing system, which is the latest addition to its Sterideal® HX UHT systems range. According to sources familiar with the development, SteriCompact has been especially adapted to match …

Coca-Cola, the soft drink giant, is reportedly in talks with Aurora Cannabis, a Canada based marijuana producer, to excel into cannabis-infused drinks that ease pain and inflammation. According to a company statement, Coke has been closely observing the growth of CBD, a non-psychoactive constituent of …