Baxters moves into chilled foods with Orexis acquisition The soup brand is making its first foray into the chilled foods category with the acquisition of London-based chilled foods business Orexis Fresh Foods. Terms of the deal were not disclosed. Read more.

Weetabix sales jump during Covid-19 Sales of Weetabix increased 3.1% to $111.8m in the quarter to 30 June, as more people had breakfast at home. However, the uptick failed to offset the slump in foodservice revenues for Weetabix's owner, the US cereal giant Post Holdings. Read more.

Livia’s secures £1m in crowdfund The UK "free-from" brand has secured £1m in new funding through the Seedrs platform, gaining attraction from 400 new investors. Continuing into overfunding, founder Olivia Wollenberg aims to quadruple product ranges and expand international reach by 2025. Read more.

Sales dip 10.7% at Beiersdorf Sales at the Nivea parent company fell to €3.45bn in H1, due to the negative impact of the COVID-19 pandemic. Despite low EBIT forecasts for the remaining year, the FMCG giant successfully increased its market share in the first half. Read more.

Maker of Benecol reports challenging first half The Finnish food group Raiso has withdrawn its full-year guidance after a challenging first half. The group, which makes the low cholesterol brand Benecol, has said that it was impacted by the inability of over 65s to visit supermarkets during lockdown. Read more.

Treasury Wine Estates unveils DTC platform The Winery Collection The Australian global winemaking business has moved into ecommerce with its own DTC platform The Winery Collection. Alongside its online retail offering, the platform will host monthly events such as wine clubs and virtual tastings. Read more.