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March 16th, 2017

All the posts published.
1 MIN READ

USA: Shamrock Farms to expand facility in Virginia

March 31, 2017
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Manufacture & Distribution, Non-Alcoholic Drinks, North America

Shamrock Farms, one of the largest family owned-and-operated dairies in the US, has announced the expansion of its production facility in Augusta County, Virginia. The expansion comes two years after the facility was first opened and will see production capacity more than double, the company said. Once the facility is finally completed by late 2018, a total of 120 staff will be employed at the site, it added. With an …

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1 MIN READ

USA: Land O’Lakes acquires dairy producer Vermont Creamery

March 31, 2017
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Food, Mergers & Acquisitions, North America

Land O’Lakes, a Minnesota-based farmer-owned food and agricultural cooperative, has announced the acquisition of Vermont Creamery, a producer of dairy products. Financial terms of the transaction were not disclosed. “As we experience unprecedented growth, we need a partner who can bring the resources and expertise necessary to help us realize our vision and the potential of our business”, commented Vermont Creamery co-founder Allison Hooper. Vermont Creamery will become an independently …

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1 MIN READ

Ireland: Virginia Health Foods launches Squbes seed cubes

March 30, 2017
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Europe, Food, Products

Irish food firm Virginia Health Foods has launched a new range of what it describes as “savoury snackable seed cubes” under the Squbes brand name. Promoted as “no mess, nutritious, savoury snack, full of flavour and with no refined sugar”, Squbes Seed Cubes are said to be made with 100% natural ingredients and no wheat, to be high in fibre, protein, and magnesium, and to only contain “good fat”. “Ireland’s …

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1 MIN READ

India: Dabur opens new facility in Assam

March 30, 2017
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Asia Pacific, Health & Beauty, Household Care, Manufacture & Distribution

FMCG manufacturer Dabur has announced the inauguration of a new manufacturing facility in Tezpur, Assam. According to India Retailing, the facility will produce the whole range of Dabur’s products including health supplements, ayurvedic medicines, hair oil, shampoo, toothpaste, skin care and household products. Dabur chairman Dr Anand C Burman said: “I am extremely proud to announce the commissioning of Dabur’s most-modern factory in Tezpur. This factory will become the largest …

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1 MIN READ

India: Britannia forms joint venture with Greece’s Chipita

March 30, 2017
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Asia Pacific, Food, Mergers & Acquisitions

Consumer goods manufacturer Britannia has announced a partnership agreement with Greek company Chipita to produce and market ready-to-eat croissants in India. According to India Retailing, the new joint venture company, which will have the name Britchip Foods Ltd, will be 60% held by Britannia and 40% held by Chipita. “The company has signed a joint venture agreement with Chipita SA, a Greek company for the purpose of developing, producing and selling …

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1 MIN READ

South Africa: Heineken signs a deal to acquire Stellenbrau

March 29, 2017
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Alcoholic Drinks, Mergers & Acquisitions, Middle East & Africa

The South African arm of the multinational brewer Heineken has acquired Stellenbrau, a craft beer producer, for an undisclosed amount. Established five years ago, Stellenbrau has a portfolio that includes four signature beers: Craven Craft Lager, Jonker’s Weiss, Alumni Ale and Governor’s Red Rooibos Lager. Heineken South Africa MD Ruud van den Eijnden commented “Stellenbrau was a natural fit, as it is what Heineken was 150 years ago, sharing the …

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1 MIN READ

Portugal: Auchan launches My Auchan convenience store concept

March 29, 2017
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Europe, Food, Retail

Retail giant Auchan has launched a new convenience store brand in Lisbon called My Auchan, according to a report in HiperSuper. The move is the result of a €6 million ($6.4 million) investment, and six of the stores are expected to open by the end of the year, Among the characteristics of the new “ultra local” stores are a differentiated product range, a focus on convenience and price and digitized services, according …

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1 MIN READ

Germany: Aldi invites customers to design their own dessert topping

March 29, 2017
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Europe, Food, Retail

German discount retail giant Aldi Sud has launched a promotional campaign called  Mein Fan-Pudding, asking customers to design their ultimate dessert topping to be rolled out later this year in their stores. Shoppers can upload their designs through the Aldi Sud Facebook page from now until 5th April. The one with most votes will then be produced and launched as a new product with name of the creator during September …

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1 MIN READ

Austria: Brandt acquires Feldbacher brand

March 28, 2017
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Europe, Food, Mergers & Acquisitions

Brandt, the German crispbread firm, is to acquire the Austrian brand Feldbacher as it bids to expand its presence in Europe, the Westfalen Post reports. Feldbacher is the number one Austrian brand of crispbread and was first produced in 1922. It is currently owned by Bahlsen, the leading German manufacturer of biscuits, snacks and other baked goods. The deal is described as forming part of Brandt’s strategy to boost revenues …

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1 MIN READ

Russia: Magnit reports 13% increase in revenue for 2016

March 28, 2017
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Europe, Manufacture & Distribution, Retail

Leading Russian food retailer has posted a 13.07% increase in annual revenue to 1.07 trillion RUB ($19.0 billion), according to recently published full year results . The retailer’s gross profit increased to 295.76 billion RUB ($5.25 billion), with its margin standing at 27.52%, according to a report in European Supermarket Magazine. The retailer is said to have added a total of 1,970 stores to its portfolio during 2015, where 927 were convenience stores, 18 …

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1 MIN READ

Italy: Granarolo to strengthen presence in Brazil with Allfood stake

March 28, 2017
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Europe, Food, Mergers & Acquisitions

Italian dairy company Granarolo has acquired a 60% stake in Allfood, one of the leading importers and distributors of European food in Brazil. The deal represents the second deal concluded by the Italian group in Brazil in the last two years, following its acquisition of a 60% stake in the cheese producer Yema in 2015. With the Allfood stake, Granarolo said it aimed to strengthen its presence in Brazil through synergies …

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1 MIN READ

Italy: Aldi shows interest in acquiring Tuodi

March 27, 2017
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Europe, Mergers & Acquisitions, Retail

German retailer Aldi Sud has shown an interest in acquiring Italian discounter Tuodi, which has reportedly been suffering financial problems since 2013 and is now up for sale, according to a report in Milano Finanza. Tuodi is said to have announced itsdecision to sell the business after failing to recover from losses of €33.7 million ($36.4 million) in 2013 and €47.8 million ($51.6 million) in 2014. Aldi is said to be …

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1 MIN READ

Brazil: Ambev enters mineral water category

March 27, 2017
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Latin America, Manufacture & Distribution, Non-Alcoholic Drinks

Brazilian beverage producer Ambev has launched its first mineral water in the market under the AMA brand. According to the company, the product will initially be distributed in the states of Rio de Janeiro and Sao Paulo, but it is expected to be available in the rest of the country by the end of the year. The company is said not to be profiting from sales of the new launch, …

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1 MIN READ

Australia: Woolworths introduces ‘Delicious Nutritious’ ready meal range

March 27, 2017
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Asia Pacific, Food, Retail

Australian supermarket chain Woolworths has launched a ‘Delicious Nutritious’ line of ready meals, developed in partnership with celebrity fitness trainer Michelle Bridges. According to Australian Food News, the line is targeted at consumers who are looking for healthy and quick meals. Michelle Bridges, who is said to have worked closely with the retailer to create the range, commented: “I’m pleased to continue my mission to help busy Australians eat well …

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1 MIN READ

UK: Coty to close Seaton Delaval site

March 24, 2017
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Europe, Health & Beauty, Manufacture & Distribution

US-based multinational beauty products manufacturer Coty has announced its intention to shut down its facility in Seaton Delaval, Northumberland, United Kingdom by the end of next year. According to sources, the cosmetics and perfumes maker wants to consolidate its fragrances operations into “fewer core centres”. “These proposals are the result of a detailed study of our expanded global manufacturing capacities and capabilities for each of our divisions following the merger …

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1 MIN READ

USA: Pictsweet to buy Fresh Frozen Foods from Inventure Foods

March 24, 2017
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Food, Mergers & Acquisitions, North America

US-based food company Inventure Foods has announced the strategic sale of Fresh Frozen Foods to Pictsweet , a family-owned grower and processor of frozen vegetables, for a cash transition of about $23.7 million. According to a company statement, the sale of Fresh Frozen Foods is part of Inventure Foods’ strategy to reduce debt and improve its balance sheet and overall financial flexibility. Terry McDaniel, chief executive officer of Inventure Foods, …

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1 MIN READ

USA: Haribo to build factory in Wisconsin

March 24, 2017
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Food, Manufacture & Distribution, North America

Haribo, the world’s leading manufacturer of licorice and gummy sweets, has announced that it is to build a new factory in Kenosha County, Wisconsin, the company’s first in the USA. Located in the south-east of the state, the $242 million, 500,000 sq ft plant is scheduled to be operational by 2020 and to employ around 400 staff, according to a report in the Associated Press. Commenting on the news, Haribo …

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1 MIN READ

Spain: Penalva Alimentacion launches functional ice lollies

March 23, 2017
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Europe, Food, Manufacture & Distribution

Spanish ice cream company Penalva Alimentacion has launched a new line of ice lollies under the Palettas Biox brand name that are said to have been developed to improve the cardiovascular system, smooth sun-damaged skin and support the circulatory system. Promoted as being made with 100% natural ingredients, as well as free from lactose, gluten and fat and low in sugar, the new Biox range is targeted at consumers “who enjoy …

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1 MIN READ

UK: Diageo launchs interactive tool DRINKiQ

March 23, 2017
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Alcoholic Drinks, Europe, Marketing

Diageo plc, the leading alcoholic drinks multinational, has announced the launch of a new interactive tool to guide consumers to make informed choices about drinking. The new “mobile-friendly, online tool” DRINKiQ, described as a first in the alcohol industry, is said to use interactive learning and test sgiving people information about what is contained in different drinks, what alcohol is, how it is processed and how it can affect thebody, and …

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1 MIN READ

France: Bonduelle to launch ‘Touch Of’ mini can range

March 23, 2017
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Europe, Food, Manufacture & Distribution

Bonduelle, the French specialist in fresh and preserved vegetables, is to launch a new ‘mini can’ format under the name Bonduelle Touche De (Touch Of), according to an article in Lineaires. Targeting consumers needing only a relatively small quantity of vegetables or pulses for a specific recipe, as well as smaller households, Bonduelle Touch Of Canned Vegetables are sold in cans of around 40g, compared to 300g upwards for a …

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1 MIN READ

Brazil: Carrefour to open 70 Express stores in 2017

March 22, 2017
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Food, Latin America, Retail

French retail giant Carrefour has announced plans to almost double the number of Carrefour Express stores it operates in Brazil, according to an article in Giro News. The retailer currently has 75 stores operating under the Carrefour Express banner in Brazil and plans to open 70 more in 2017, Carrefour CEO Georges Plassat is reported as saying. The move comes as hypermarket sales have fallen as a share of Carrefour’s overall …

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1 MIN READ

Italy: Granoro invests €13 million to increase production

March 22, 2017
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Europe, Food, Manufacture & Distribution

Granoro, the Italian manufacturer of pasta and sauces , has announced an investment of €13 million ($14 million) to extend its production and packaging line. According to an article in La Repubblica, the firm said that the investment was due to increasing demand from the Asian and South American markets. The company reported that its exports had increased by a third over the last five years to reach 40% of …

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1 MIN READ

UK: Unilever weighing up sale of spreads division – reports

March 22, 2017
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Europe, Food, Mergers & Acquisitions

Unilever, the Anglo-Dutch consumer goods giant, is contemplating the sale of its margarine and spreads division, including brands such as Flora, Bertolli and Stock, according to reports in the British media. In an article, the Telegraph suggests that a number of suitors, including Kraft Heinz as well as private equity firms, would be willing to pay up to £6 billion ($7.48 billion) to acquire the division, which generates around £480 …

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1 MIN READ

Japan: Nissin unveils new Cup Noodle Nice

March 21, 2017
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Asia Pacific, Food, Manufacture & Distribution

A new range of instant cup noodles called Cup Noodle Nice has been introduced in Japan by food manufacturer Nissin. The new Nice range is marketed as an “impossible combination” of a thicker soup that is also ‘better for you’: it offers a stronger taste andt hicker soup than the original Cup Noodle products yet contain fewer calories (178kcal), 50% less fat and 40% fewer saccharides, according to Nission, delivering …

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1 MIN READ

Russia: PepsiCo expands production

March 21, 2017
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Europe, Food, Manufacture & Distribution

Food and soft drinks giant PepsiCo has added a new production lineto its dairy facility in Nizhny Novgorod in Russia, to make yoghurt for children. The facility, which will product yoghurt under the Agusha and Miracle Babies brands, also manufactures infant formula. With the new production line, the facility will increase production to 40 tonnes per day. PepsiCo originally set up its plant in Nizhny Novgorod in 2014, since when …

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1 MIN READ

USA: Conagra Brands acquires Thanasi Foods

March 21, 2017
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Food, Mergers & Acquisitions, North America

North American packaged foods company Conagra Brandas has agreed to buy Thanasi Foods, a US snacks producer. Protein-based snacking company Thanasi Foods is the manufacturer of snack brands including like Duke’s for meat snacks and Bigs for seed snacks. The Duke’s brand includes Duke’s Smoked Shorty and Duke’s Steak Strips, both “made in small batches with quality ingredients and authentic hardwood smoke pairings”, according to a company statement. “This is …

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1 MIN READ

India: Rasna builds first plant in the south

March 20, 2017
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Asia Pacific, Manufacture & Distribution, Non-Alcoholic Drinks

Fruit based concentrate maker Rasna has unveiled its plans to set up a new plant in the Chittoor district in Andhra Pradesh, the firm’s 10th in India but the first in the south of the country. The company said its new production facility would be especially built to focus on strengthening market share in the powder drink segment in southern India. Delivered through an investment of 60 crore INR ($9.12 million), the …

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1 MIN READ

Japan: Koikeya introduces new snack range

March 20, 2017
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Asia Pacific, Food, Products

Leading Japanese snack maker Koikeya has announced the launch of a new snack range called Hitokuchi Deli (Bite Size Deli). The new range, added under the tortilla crisp brand Dontacos, is claimed to be “more than a snack, less than a meal”, and is designed as a ‘mini-meal’ that busy consumers can consume in between main meals, whenever and wherever they prefer. The snack, described as having two types of texture …

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1 MIN READ

Finland: Fazer buys oat specialist Bioferme

March 20, 2017
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Europe, Food, Mergers & Acquisitions

Fazer, the bakery and confectionery producer, has announced that it has acquired fellow Finnish firm Bioferme, a specialist in the manufacture of oat-based foods. Established in 1977, Bioferme owns the established Yosa brand in Finland. Its portfolio consists of fermented oat products, including a range of non-dairy yoghurts, as well as recently-introduced cooking products. Fazer said that acquiring Bioferme would give it a “strong start” in the “rapidly growing” segment …

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1 MIN READ

Spain: Eroski and Dia team up to develop private label products

March 17, 2017
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Europe, Manufacture & Distribution, Retail

Spanish retailers Dia Group and Eroski Group have signed an agreement designed  to maximise the quality and price of their private label offering. The companies said that the new agreement, based on a peer-to-peer relationship, would allow them to improve the competitiveness of their private label products and also acquire materials and supplies needed for the business. Fresh products, oil, eggs and milk are excluded from the agreement. In a …

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1 MIN READ

France: Auchan partners with Packcity for click and collect lockers

March 17, 2017
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Europe, Manufacture & Distribution, Retail

Auchan, the French grocery retailer, is partnering with parcel collection point firm Packcity to install click and collect lockers at around a dozen of its stores in France, according to an article in LSA. The rollout of the scheme follows an initial trial at two supermarkets and is an automated pick up system designed to complement Auchan’s existing ‘parcel collection’ scheme Auchan Point Retrait Libre Service. Reportedly, the lockers are …

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1 MIN READ

Spain: Corporation Exea Empresarial acquires majority stake in Apivita

March 17, 2017
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Europe, Health & Beauty, Mergers & Acquisitions

The Spanish firm Corporation Exea Empresarial, the holding company of the Puig family, has announced the acquisition of a majority stake in the Greek company Apivita Cosmetics, according to a report in Cosmetics Business. Exea owns the Puig fragrances and fashion group; Flamagas, a manufacturer and distributor of stationery, electronics and lighters; and Isdin, a skin care products manufacturer. Apivita Cosmetics was founded in 1979 and now has a presence in 15 …

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1 MIN READ

Russia: TH True Milk to invest $1.7 billion

March 16, 2017
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Europe, Manufacture & Distribution, Non-Alcoholic Drinks

Vietnamese dairy producer TH True Milk will invest $1.7 billion in a new dairy facility in Russia as part of its expansion plans in the country. The new facility will be set up in Eastern Russia, in a region which “provides the third highest economic contribution per head”. The region falls in the Asian continent which will help to meet the demand in Japan and China on dairy products. The …

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1 MIN READ

Italy: Ferrero acquires Fannie May

March 16, 2017
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Europe, Food, Mergers & Acquisitions

Italian confectionery giant Ferrero has announced the acquisition of US chocolate brand manufacturer Fannie May for $115 million  in cash. Fannie May’s products, which include brands like Fannie May and Harry London, are mainly distributed through the e-commerce site 1-800 Flowers.com. “Fannie May represents a strong strategic and cultural fit for Ferrero and we are happy that Fannie May’s talented people, premium brand and quality products will become part of …

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1 MIN READ

Germany: Coty to close Hunfeld site

March 16, 2017
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Europe, Manufacture & Distribution

Coty, the global producer of cosmetics and toiletries, is set to close its Wella facility in Hunfeld, Hesse, Germany with the potential loss of 380 jobs, according to a report in Hessenschau. Once a final decision on the site’s future is taken, it is expected that it will close its doors by the end of 2018. Coty took on the Hunfeld facility as part of its acquisition of the Wella …

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1 MIN READ

Switzerland: Nestle and Coca Cola to end Nestea joint venture

March 15, 2017
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Europe, Mergers & Acquisitions, Non-Alcoholic Drinks

Nestle, the food and drink multinational, and soft drink giants Coca-Cola have agreed to end their Nestea iced tea joint venture after 16 years, with the firms now seeking to follow different strategies in the ready-to-drink tea category. In 2001, Coca-Cola and Nestle joined forces to create Beverage Partners Worldwide, a beverage venture offering Nestea ready-to-drink tea in Canada and Europe. From January 2018, Coca-Cola will keep the license to …

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1 MIN READ

USA: General Mills to invest in D’s Naturals

March 15, 2017
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Food, Mergers & Acquisitions, North America

301 INC, the business development and venturing unit of US food firm General Mills, has invested a non-disclosed amount in D’s Naturals, a low-sugar, plant based products company founded in 2015. D’s Natural is a firm that markets products that are soy, sugar and dairy free and contain bioengineered ingredients. Its portfolio includes No Cow Bar Snack Bars and Fluffbutter Protein Infused Peanut Spreads. Taking its name from the address …

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1 MIN READ

USA: Kathie’s Kitchen launches organic SuperSeedz pumpkin seeds range

March 15, 2017
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Food, North America

US based snack company Kathie’s Kitchen has recently increased its range of SuperSeedz Pumpkin Seeds by introducing a new line of products that are organically certified. The organic line is the “latest innovation” for the company created by Kathie Pelliccio, and is marketed as “pure snacking deliciousness”. The organically certified, “non-GMO project verified”, vegan and “allergy friendly”, “no shell” pumpkin seeds are tagged as “small batch dry roasted” and are …

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1 MIN READ

Switzerland: Nestle nears agreement to construct plant in Cuba

March 14, 2017
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Latin America, Manufacture & Distribution

Swiss based food giant Nestle has revealed that it is close to reach a deal with Cuba to form a new venture to build a factory in the country, according to a report in Fox Business. The new $50 to $60 million factory is set to produce coffee, biscuits and cooking products, employing around 300 people. “The idea is to create a new joint venture to produce and distribute these …

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1 MIN READ

USA: JBS to acquire Plumrose

March 14, 2017
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Food, Mergers & Acquisitions, North America

JBS USA, a subsidiary of the Brazilian meat-packer and food processor JBS, has agreed to acquired Plumrose USA, a US based ham and deli meat business, for $230 million from Danish Crown, a leading pork exporter and processor. The agreement includes five prepared food plants located in Indiana, Iowa (2), Mississippi and Vermont, and two distribution centres in Indiana and Mississippi. The new acquisition is described as part of JBS’ …

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1 MIN READ

Austria: Merkur introduces ‘green’ range of laundry products

March 14, 2017
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Europe, Household Care

Austrian retailer Merkur, a subsidiary of the German Rewe Group, has announced the extension of its range of ‘green’ products Immer Grun (Always Green), introducing cleaning products that are claimed to be suitable for families with babies and young children. According to European Supermarket Magazine, laundry products such as fabric softeners, washing detergents and powders are now available under the brand. The products are described as being kind to sensitive …

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1 MIN READ

Netherlands: Regular Sprite to be replaced by Sprite Zero

March 13, 2017
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Europe, Non-Alcoholic Drinks

Global beverage giant Coca-Cola has announced that regular Sprite will no longer be available in the Netherlands, and will instead be replaced by calorie and sugar free version Sprite Zero, to be sold under the Sprite name. According to Retail Detail, Coca-Cola said that the Netherlands was chosen for the trial as it is among the more health-conscious countries Richard Schlasberg, country manager at Coca-Cola Netherlands said: “If it is …

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1 MIN READ

Canada: Lait Kaiser & Cult Yogourt to acquire Chagnon Dairy

March 13, 2017
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Mergers & Acquisitions, North America

Canadian dairy manufacturers Lait Kaiser and Cult Yogourt have agreed to acquire Chagnon Dairy, an independent creamery and milk brand in Quebec, Canada. Chagnon produces over 4 million litres of fluid milk, butter, ice cream and other dairy products. The acquisition of a 30,000 sq ft food creamery will help Lait Kaiser and Cul Yogourt to strengthen manufacturing and innovate in the dairy industry, according to claims. “Lait Kaiser and …

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1 MIN READ

USA: Nestle, Danone and Origin Materials team up

March 13, 2017
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North America, Packaging

Worldwide water bottling company Nestle Waters has teamed up with dairy and drinks multinational Danone and California-based startup Origin Materials to form the Natur’ALL Bottle Alliance to develop a PET bottle made from bio-based, 100% sustainable and renewable resources. According to Nestle Waters: “the project uses biomass feedstocks, such as previously used cardboard and sawdust, so it does not divert resources or land from food production for human or animal …

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1 MIN READ

Mexico: Henkel to acquire Nattura Laboratorios

March 10, 2017
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Health & Beauty, Latin America, Mergers & Acquisitions

German household and personal care giant Henkel, has announced that it has signed an agreement to acquire haircare firm Nattura Laboratorios and associated companies in the USA, Colombia and Spain. Headquartered in Guadalajara, Mexico, Nattura Laboratorios is primarily a manufacturer of professional haircare products, but is also active in the retail space through the styling brands Moco De Gorila, Funk and Punky Junky and shampoo and conditioner brand NatturaLabs Linea …

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1 MIN READ

Brazil: Pepsico in negotiations to acquire Vigor – reports

March 10, 2017
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Latin America, Mergers & Acquisitions

Food and soft drinks giant PepsiCo has reportedly opened negotiations to acquire Vigor, a Brazilian dairy company owned by J&F group. According to Valor, PepsiCo has made two proposals to acquire the dairy company but up to this moment there was no consensus on the value of the transaction. The last value offered was reportedly approximately R$6 billion ($1.91 billion), which is equivalent to one year of Vigor’s revenues. Industry …

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1 MIN READ

Austria: Nestle to close plant in Linz

March 10, 2017
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Europe, Manufacture & Distribution

Nestle, the food and drink multinational, has announced plans to close its factory in Linz, Austria “as part of its on-going portfolio review”. Built in 1879, the Linz facility manufactures a broad range of grocery products and has a total production volume of about 6,000 tons. 127 staff are employed at the site. Announcing the news in a statement, Nestle said that the factory was “facing strongly declining demand along …

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1 MIN READ

Germany: Amira Nature Foods acquires rice brands

March 9, 2017
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Europe, Mergers & Acquisitions

Amira Nature Foods, an Indian manufacturer of basmati rice and related products, has announced the acquisition of several speciality rice brands in Germany. The portfolio includes brands that have mainly been sold in ethnic channels and include Al Amir, Al Hakim, Bano, Dalia, Hanna and Shah Pari. “The addition of these specialty, packaged rice brands to our existing portfolio will help us strengthen our presence in the key markets of …

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1 MIN READ

India: PepsiCo to launch Quaker Nutri Food

March 9, 2017
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Asia Pacific, Food, Non-Alcoholic Drinks, Products

PepsiCo, the global snacks and soft drinks giant, is expanding its breakfast foods portfolio in India with the launch of Quaker Nutri Food. The new launches are described as familiar breakfast foods called Dosa (a type of pancake), Upma (a porridge made from semolina and rice flour) and Khichdi (a rice and lentil dish), said to contain “40% more oats and vegetables” to make them healthier options. “The lifestyle of millennials …

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1 MIN READ

UK: Asda introduces prosecco alternative

March 9, 2017
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Alcoholic Drinks, Europe, Retail

UK retailer Asda has introduced a premium sparkling wine called Progrigio, marketed as a more affordable alternative to prosecco. Progrigio is described as “Crisp, fresh and delicately floral, with fruity aromas balanced by its dry profile that offers a hint of sweetness at the finish”.” Made from a blend of Italian grapes called Glera – which are also used to make prosecco – and Italian Pinot Grigio wine, the new wine …

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1 MIN READ

USA: PepsiCo introduces “next generation” soft drinks

March 8, 2017
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Non-Alcoholic Drinks, North America, Products

Food and drink giant PepsiCo is introducing two new “healthier” alternatives to soft drinks called IZZE Fusions and Lemon Lemon, reportedly to target generation Z. IZZE Fusions and Lemon Lemon aim to appeal to younger consumers by containing fewer calories, less sugar, and no artificial sweeteners or flavours. “The consumer is getting more sophisticate”, said Gary So, VP of marketing portfolio transformation for PepsiCo’s North America beverage unit. “They are …

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1 MIN READ

Switzerland: Lindt & Sprungli reports growth in 2016

March 8, 2017
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Europe

Lindt & Sprungli, the Swiss chocolatier and confectionery company, has announced a global sales rise of6.8% to CHF 3,901 billion ($3,850.9 billion) over the 2016 financial year, where operating profit also rose by 8.4% to CHF 562.5 million ($555 million). According to a company press release, the firm achieved overall organic sales growth of 7.4% in Europe, where the firm’s Germany and the UK subsidiaries reporteddouble-digit sale growth. In the NAFTA …

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1 MIN READ

Mexico: Grupo Bimbo acquires Panattiere and Stonemill Bakehouse

March 8, 2017
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Latin America, Mergers & Acquisitions

Grupo Bimbo, one of the world’s leading bakery firms, has reached an agreement to acquire Panattiere, a frozen bakery firm based in Colombia. Established in 2015, Panattiere specializes in pre-baked and frozen baked products, including baguettes, ciabatta, puff pastry, croissant, soft bread, sandwich rolls and muffins. Daniel Servitje, Grupo Bimbo chairman and chief executive officer, said the acquisition of Panettiere would “enable us to participate in the in-store and food service …

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1 MIN READ

UK: Diageo to launch Baileys Latte and Mocha Iced Coffee

March 7, 2017
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Alcoholic Drinks, Europe

Diageo, the global spirits giant, has released two new RTD coffee products under its liqueur brand Baileys in the UK. Reportedly a response to growing iced coffee consumption, Baileys Latte and Baileys Mocha Iced Coffee are decribed as a combination of Arabica and Robusta iced coffee with milk, spirit and Baileys Irish Cream. “The popularity of coffee continues to grow, with over 18 billion cups consumed in Great Britain each …

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1 MIN READ

Belgium: Carrefour launches Simply You meal box

March 7, 2017
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Europe, Retail

French retail giant Carrefour has announced the launch of the Simply You Box, providing all the ingredients for specific recipes, in 85 stores in Belgium. According to Gondola, the official launch comes after a successful trial period in a dozen stores that started in October 2016. Due to the project’s reported success, it rapidly expanded to 60 stores including all 45 of the retailer’s Belgian hypermarkets, . Each week, nine …

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1 MIN READ

India: Danone launches health drink Protinex Grow

March 7, 2017
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Asia Pacific, Non-Alcoholic Drinks

Danone, the France-based dairy and drinks multinational, has recently expanded into the health drinks segment in India, with the launch of Protein Grow, a drink developed for teens. According to The Economic Times, Protinex is a nutritional supplement made with hydrolised proteins that is able to satisfy the nutritional needs of both adults and children. “The launch of Protinex Grow is a unique innovation in the family Health Food Drinks’ …

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1 MIN READ

Thailand: Nestle Waters to open a new facility

March 6, 2017
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Asia Pacific, Manufacture & Distribution, Non-Alcoholic Drinks

Nestle Waters. the bottled water division of the food and drinks giant, has invested 1.8 billion THB ($51.5 million) to open a new manufacturing and distribution hub for Nestle Pure Life in Surat Thani. The new Surat Thani factory, the second for Nestle Waters in Thailand, is described as featuring advanced technology for an improvement of environmental performance and is designed to “distribute high-quality drinking water trusted for healthy hydration …

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1 MIN READ

USA: Morinaga enters yoghurt category

March 6, 2017
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Asia Pacific, Food

Japan based dairy maker Morinaga Milk Industry has announced that it will enter the yoghurt business in the USA. The launch is due to be made between July and September 2017 by working with a local contract manufacturer, and the company has set a sales goal for 2019 of $34 million. The company estimates the yoghurt business in the US has big potential, although consumption is lower than that of …

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1 MIN READ

Switzerland: Nestle to invest in gluten-free facility in New Zealand

March 6, 2017
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Food, Manufacture & Distribution

Global food and drinks giant Nestle has unveiled a new multi-million dollar facility to expand the production of gluten-free products in New Zealand. The move is described by the company as being in response to the growing demand for gluten free in New Zealand and the wider region, and is also intended to create new export opportunity for the brands Maggi and Docello. Located in Nestle’s Cambria Park in South Auckland, the facility …

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1 MIN READ

Chile: Parmalat acquires cheese companies

March 3, 2017
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Latin America, Mergers & Acquisitions

Parmalat, the Italian dairy firm owned by the Lactalis group, has announced the acquisition, through its subsidiary La Vaquita Holding, of a number of Chilean companies specialised in the production of cheese. According to company press release, four cheese facilities were acquired for about € 100 million (£ 86 million), where the full amount was financed with the company’s own resources. With the new acquisition, Parmalat said to aimed to strengthen …

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1 MIN READ

Germany: Henkell acquires Mangaroca Batida De Coco

March 3, 2017
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Alcoholic Drinks, Europe, Mergers & Acquisitions, Products

Henkell, the German wine and spirits producer, has announced that it has acquired the rights to Managaroca Batida De Coco and other brands from Mangaroca International, a Swiss firm specialised in Brazilian-style spirits. Managaroca Batida De Coco is described as a coconut milk liqueur with a unique flavour, made according to an original Brazilian recipe. Containing 16% abv, it is recommended to be served over ice as well as in …

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1 MIN READ

UK: Lidl introduces vegetable range targeted at children

March 3, 2017
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Europe, Food, Products, Retail

Discount retailer Lidl is piloting a range of vegetable products packaged and promoted to appeal to children, encouraging them to eat more greens. The new fun size range, being launched in the UK, includes five varieties with names and packaging designs that aim to engage with a younger audience through association with the shape of the product: Mini Broccoli Trees (priced at £ 1.09 / $1.34), Cauliflower Clouds (£1.25 / $1.53), …

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2 MIN READ

Food cans send a clear message

March 2, 2017
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Food, Innovations, North America

The latest innovation insight from Gama Compass MANCHESTER – 2nd February 2017: This month’s Innovation Insight takes a look at the future of packaging technology in preserved food, with the launch of a new line that brings the benefits of transparent plastic to the canned food aisle: Glory Farms Slow-Cooked Canned Vegetables. Promoted as “the most notable innovation in canned vegetables since canning was invented”, Glory Farms Slow-Cooked Canned Vegetables from …

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1 MIN READ

Japan: Suntory introduces a new series of Japanese wine

March 1, 2017
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Alcoholic Drinks, Asia Pacific

Suntory, a leading international beverage company, has recently announced the launch of new wine series called Shiojiri Winery. Wines from the new series are claimed to be made with 100% Japanese grapes, fermented at Suntory Shiojiri Winery. The “high quality” grapes used are  grown in the prefecture of Nagano, claimed to be one of the best wine-growing regions in the country. In launching the Shiojiri Winery series, Suntory said it was hoping …

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1 MIN READ

Australia: Murray Goulburn records A$31.9 million loss

March 1, 2017
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Asia Pacific, Financial

Murray Goulburn, Australia’s largest dairy foods company, has posted a loss of A$31.9 million ($24.5 million) for the first half of its financial year. The firm booked 14.8% less revenue compared to the same period a year ago, attributed to lower supplies, production cuts on farms and adverse seasonal conditions. According to Murray Goulburn CEO Ari Mervis: “Record rainfalls and high levels of competitor activity have reduced our milk intake, …

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1 MIN READ

Japan: Wakodo launches new baby food brand

March 1, 2017
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Asia Pacific, Food, Products

Leading Japanese baby food manufacture Wakodo, part of the Asahi group, has launched a new brand called Rakuraku Manma (Easy Food). The brand offers two dried noodle products to support mothers to reduce the time it takes to cook baby food. Claimed to be “easy to scoop”, the noodles are pre-cut into 1cm lengths, reportedly making them easier for babies to eat and more convenient for mothers since the cooking time is shorter than regular noodles. …

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March 16, 2017 - Gama