India: Cargill introduces anti-counterfeiting technology
FMCG company Cargill Foods India has announced the introduction of an anti-counterfeiting technology to its products, so that consumers can check if goods are genuine or fake. According to F&B News, the new technology uses a 3D hologram of Cargill Foods India to signify the authenticity of the brand and also includes an app called […]
Australia: Broo acquires Mildura Brewery
Australian brewer Broo has announced the acquisition of Victorian beer company Mildura Brewery. Established in 2004, Mildura Brewery has a core range of six beers and a pub at its Victorian brewery. According to Inside FMCG, the investment of A$1 million ($768,600) will allow Mildura to expand its product range as well as giving it the […]
China: PEZ International to enter market
Austrian multinational confectionery company PEZ International is reportedly planning to enter the Chinese market in the second half of 2017. The confectionery company, which already has a worldwide presence, will enter China with its regular sweets dispensers and licenses and will focus on big cities. Commenting on the move, a PEZ International spokesman commented “Many people in […]
China: Carlsberg looking at acquiring Asahi’s Tsingtao stake – reports
Carlsberg, the Danish brewer, is said to be weighing up a move for Asahi’s stake in Chinese beermaker Tsingtao, according to a Bloomberg report quoting “people familiar with the matter”. Asahi, the leading Japanese beer producer, acquired its 20% stake in Tsingtao in 2009. Bloomberg estimates the value of the stake to be around S1.2 […]
Australia: Freedom Foods Group signs partnership with Seamild Group
Australia based cereal and snacks producer Freedom Foods Group has announced a new strategic partnership with Seamild Group in China, a manufacturer of oat based cereal and foods. As a result of the deal, cereal products into China will have tariffs on imported products under the China Australia Free Trade Agreement reduced to zero over […]
Netherlands: Heineken’s DB Breweries to acquire Tuatara Brewing Company
Tuatara Brewing Company, a New Zealand has been acquired by Heineken-owned DB Breweries. Tuatara will continue to product its beer at its current facilities and other beers. Tuatara brewing was established in the year of 2000 based in Paraparaumu, and grew from a small operation to one of the larges craft breweries in New Zealand. The company […]
India: Danone looks to double business by 2020
Multinational dairy and drinks firm Danone is said to be planning to double size of its business in India by 2020 by bringing more global brands to the country, as well as by launching new products. According to a report in the Deccan Chronicle, 10 new products are lined up for 2017, starting with the […]
Australia: Mondelez International sells brands to Bega Cheese
Mondelez International, the global food giant, has announced that it has reached an agreement to sell most of its grocery brands in Australia and New Zealand to dairy firm Bega Cheese. The deal, which excludes the Philadelphia cream cheese business, is valued at A$460 million ($345 million). Included in the sale are brands such as […]
Japan: Kewpie launches fruit vinegar dressings
Kewpie, the Japanese seasonings firm, is launching a new “green cap” series of salad dressings that are claimed to “maximize the flavour of vegetables”. Made with a blend of fruit vinegar and fruit juice, the new varieties offered, are Lemon Dressing (described as a mix of lemon vinegar, lemon juice and grapefruit juice for a […]
India: Coca-Cola to invest in two new plants
Hindustan Coca-Cola Beverages (HCCBL), the bottling arm of Cola-Cola in India, has announced an additional investment of 1,000 crore INR ($147 million) to set up two further new, plants according to an article in The Economic Times. The “greenfield” plants will reportedly have lines for soft drinks, juices and bottled water to bottle brands as Coca-Cola, […]