New Zealand: Inner Mongolia Yili Industrial Group to invest in Oceania Dairy production base
The Chinese dairy producer Inner Mongolia Yili Industrial Group Co Ltd is to invest NZ$400 million ($327 million) in dairy production in New Zealand. The first phase has seen the establishment of a dairy base located in Waimate, South Island, New Zealand at a cost of 1.2 billion yuan ($200 million), as part of an […]
Australia: JBS to acquire Primo Smallgoods
Primo Group, Australia and New Zealand’s leading producer of ham, bacon and processed meat products, is to be acquired by JBS Australia, a subsidiary of Brazilian food giant JBS, for $A1.45 billion ($1.26 billion). Primo Group, which was started in 1985 with just 38 employees, has grown to become Australia’s leading processed meats companies, now […]
India: MTR Foods launches single serve desserts
Ready-to-eat foods specialist MTR Foods has expanded its assortment with the launch of new ready-to-eat versions of the traditional Indian sweets Gulab Jamun and Rasogollas . The new format features a microwaveable cup containing two pieces of the dumpling-like sweets, as well as a spoon enabling the product to be eaten on the go. Commenting […]
Australia: Lindt & Sprungli submits plans for new facility
Lindt & Sprungli has had draft plans approved to establish a new facility in Sydney, Australia, according to reports from Just Food and the Daily Telegraph. The company is now seeking final approval for the new development, which is to be located at the Sydney Business Park in Marsden Park. According to the planning application, […]
India: PepsiCo divests bottling operations in North India
PepsiCo has divested its company-owned bottling operations in North India to its franchisee bottling partner Varum Beverages. According to a report in the Economic Times, the move forms part of a battle for market share in India with fierce rival Coca Cola. Chairman and CEO at PepsiCo India D Shivakumar is reported as commenting: “We […]
India: L’Oreal to establish hair colour manufacturing plant
Cosmetics giant L’Oreal has announced plans to expand its hair colour production facilities in India with the opening of a new manufacturing plant in Baddi, Himachal Pradesh, the Economic Times reports. L’Oreal India Managing Director Jean-Christophe Letellier said: “We are in the process of opening a second factory in the North. It will be at […]
Japan: Shiseido develops sunscreen technology “that gains power through contact with water”
Tokyo-based cosmetics company Shiseido has developed a sunscreen technology that is claimed to amplify its protection through contact with water or perspiration. According to a company release, the new technology, called Shiseido WetForce, interacts with the minerals in water and perspiration. As part of its R&D approach, the company said that it had focused on […]
India: Johnson and Johnson acquires ORSL energy drink brand
The world’s sixth largest consumer health and pharmaceutical company Johnson & Johnson has acquired the energy drink brand ORSL from Jagdale Industries for an undisclosed amount. According to the terms of the deal, Jagdale Industries will provide transition services in the area of manufacturing, detailing and distribution of its flagship ORSL health drink. ORSL is […]
South Korea: Dr Chung’s Food to launch textured Vegemil soy drink
Dr Chung’s Food is launching new texture-enhanced version of its Vegemil soy drink in South Korea. According to sources, the UHT drink contains apple and mango juice and pieces of nata de coco and peach and is targeted at women. Hwan Jung, marketing director at Dr. Chung’s Food, commented: “With this product we want to […]
Indonesia: Coca Cola Amatil announces deal with Coca Cola Company to support its growth strategy
Coca Cola Amatil (CCA) has signed an agreement through which Coca-Cola Company will invest $500 million into the Indonesian subsidiary of CCA in return for an ordinary equity ownership interest of 29.4%. CCA’s Group Managing Director Alison Watkins commented: “This is an exciting development for both CCA and The Coca Cola Company. With a population […]