PepsiCo boosts stake in Celsius with $585m deal

Celsius Holdings has deepened its partnership with PepsiCo in a deal that will see the functional energy drink maker take on a wider portfolio and a more prominent strategic role in the US market.

Smoothie King launches first-ever food menu

Smoothie King has expanded its menu in the US with the launch of its first nationwide food range.

Breville launches Oracle Dual Boiler espresso machine

Breville has expanded its espresso machine line-up with the launch of Oracle Dual Boiler.

Vox AI secures $8.7m seed funding to expand autonomous voice tech for QSRs

Vox AI, a conversational voice AI platform designed for drive-thru and operational automation in quick-service restaurants (QSRs), has raised $8.7 million in seed funding.

Chick-fil-A to open first UK and Singapore restaurants as part of $175m global expansion

Chick-fil-A will open its first permanent restaurants in the UK and Singapore later this year, marking the start of a combined $175 million investment in the two markets over the next decade.

Luscombe launches apple & ginger beverage to mark 50th anniversary

Luscombe, a producer of premium soft drinks, has introduced a new beverage, Apple & Ginger, in celebration of its 50th anniversary.

White Rhino Coffee appoints Sara Escamilla as president and CEO

US speciality coffee chain White Rhino Coffee has named Sara Escamilla as its new president and chief executive officer, succeeding founder Chris Parvin.

Nestlé launches first coffee concentrate production line in Asia at Malaysia facility

Nestlé has expanded its manufacturing capabilities in Malaysia with the addition of a new coffee concentrate production line at its Sri Muda factory, marking the company’s first such line in Asia.