India: Usha Shriram begins FMCG push with bottled water
Usha Shriram, an Indian company primarily known for its household hardware and appliances, has announced its entry into the FMCG sector through the launch of bottled drinking water brand Aquaero. The company intends to use the brand as a launchpad for a wider product portfolio including atta, maida and besan flours, pulses, spices, oil and ghee […]
Brazil: Hero acquires Super Saude Nutricional
Hero, the Swiss preserves, snacks, and infant nutrition manufacturer, has announced the acquisition of Brazilian snack company Super Saude Nutricional through its local subsidiary. Founded in 2013, Super Saude offers a 36-strong product range under its Pinati brand, including protein bars, cups, chips, nut bars and a variety of better-for-you sweet snacks. Hero said the acquisition […]
India: Star Localmart acquires DusMinute
Star Localmart, the retail venture of the Sanjay Ghodawat Group (SGG), has announced the acquisition of DusMinute, a grocery retail chain based in the Indian city of Bengalaru, for an undisclosed sum. Founded in 2020, Star Localmart manages over 130 outlets across 50 towns in Western Maharashtra and Northern Karnataka, offering around 3,000 product lines. DusMinute operates directly […]
India: Zydus Wellness to acquire Comfort Click
Zydus Wellness, the Indian nutrition and skincare firm, has announced that its wholly-owned subsidiary, Alidac UK, has entered into a definitive agreement to acquire UK-based supplement firm Comfort Click (CCL) and its three international subsidiaries located in Ireland, the USA and India. This transaction marks Zydus Wellness’s first international acquisition, and its first foray into the […]
UK: Roberts Bakery to close Derbyshire factory
Roberts Bakery, the family-owned bakery business, has announced plans to shut down its site in Ilkeston, Derbyshire, resulting in the loss of 38 jobs. The Derbyshire site closure comes after Roberts Bakery announced plans to cut 250 jobs at its factory in Northwich, Cheshire earlier this year. The Ilkeston site was opened in 2010, focusing […]
Netherlands: Cono Kaasmakers acquires Jacques’ Kruidenboter
Dutch cheese producer Cono Kaasmakers has announced the acquisition of local herb butter producer Jacques Kruidenboter. Based in Den Helder, in the North Holland province, Jacques’ Kruidenboter specialises in white cheese and butter, in addition to seasonings. The company, which owns brands like Beurre Trefle and Solataki, supplies supermarkets, the foodservice sector, and the food […]
USA: Danone to invest in Ohio yoghurt facility
Danone, the global dairy firm, has announced its plans to invest in expanding its yoghurt facility in Minster, OH, where it produces brands including Oikos, Activia, Dannon and Danimals. The investment plan includes expanding the site by 48,000 sq ft, installing a new production line and modernising operations, which will generate approximately 30 full-time jobs. […]
USA: Keurig Dr Pepper to acquire JDE Peet’s, split in two
Keurig Dr Pepper (KDP), the soft drinks and coffee firm, has announced that it has entered into an agreement to acquire Netherlands-based coffee and tea major JDE Peet’s for €15.7 billion ($18.21 billion). This transaction will combine Keurig, North America’s foremost single-serve coffee platform, with JDE Peet’s global coffee brands, building the world’s largest coffee […]
India: Reliance Consumer Products acquires Naturedge Beverages
Reliance Consumer Products (RCPL), the FMCG arm of Reliance Retail, has acquired a majority stake in a joint venture with Naturedge Beverages to expand its portfolio with healthier drinks, including herbal natural beverages. Founded in 2018, Naturedge Beverages is described as blending Indian ayurveda with modern drink choices. Its flagship Shunya branded product is a […]
Egypt: Ezdehar Management acquires Kemet
Private equity firm Ezdehar Management has acquired a majority stake in Egyptian snack maker Kemet for Natural Food S.A.E. through its Ezdehar Mid-Cap Fund II. Founded in 1998 in Giza, Kemet specialises in pretzels, with a portfolio featuring Pretzo, Mixy and Munchos, a filled pretzel snack. Its products are exported across four continents, as well […]