Pernod-backed brand AF Drinks aims to triple sales in 2025 AF Drinks, which is backed by Pernod Ricard and makes non-alcoholic drinks, has announced a target to triple sales by 2025. The business operates predominantly in New Zealand, but is expanding its presence globally. Read more.

Bidcorp acquires ice cream maker Northern Bloc Northern Bloc, which supplies the retail and out-of-home channels, including Waitrose, The Co-op, Ocado, the National Trust and Wagamama, has been acquired by foodservice provider Bidcorp UK. Terms of the deal were not disclosed. Read more.

Pladis reports record revenues The maker of McVitie's biscuits saw a £127m jump in sales last year, as price hikes and branded market share gains drove trading. Headline revenue was up 14.9% to a record £984.4m in 2023. Read more.

Browns Food Group buys UK meat producer AK Stoddart Browns Food Group has invested a "multi-million" sum into beef producer UK Stoddart. Two of Stoddart's executives remain shareholders in the business. Read more.

Germany drinks firm Mast-Jägermeister to become portfolio company The German group, which holds shared in Gin Sul and Teremana Tequila, has said that it is looking to become a portfolio company, after operating as a single-brand company since its inception in 1879. Read more.

Mondelēz and Lotus Bakeries collaborate for global product launches Mondelēz International and Lotus Bakeries have joined forces to develop new co-branded products in Europe, and boost the presence of the Biscoff brand in India. Read more.