USA: Unilever to acquire haircare brand K18
Unilever, the FMCG multinational, has announced that it has signed an agreement to acquire US haircare brand K18 for an undisclosed sum. Founded in 2020 by Suveen Sahib and Britta Cox, K18 is described as bridging the gap between beauty & biotech with six haircare solutions targeting hair damage. K18 is distributed through professional salons, […]
Italy: L’Occitane acquires upscale home fragrance firm Dr. Vranjes Firenze
L’Occitane, the premium French toiletries firm, has announced it is expanding its presence in home fragrance with the acquisition of Dr. Vranjes Firenze. Founded in 1983, Dr. Vranjes Firenze “encapsulates the essence of Florentine artisanship combined with the innovation of fragrance science”, L’Occitane said in a statement. It further described the brand as being “at the […]
USA: DayDayCook acquires Yai’s Thai
DayDayCook (DDC), a self-proclaimed content-driven consumer food brand, has announced that it has entered into an agreement to acquire Yai’s Thai, a leading US Thai food brand, for an undisclosed sum Founded in 2014, Yai’s Thai offers Thai-inspired pantry essentials, such as curries and stir-fry sauces. Commenting on the acquisition, DDC’s founder and CEO Norma […]
India: Clear Premium Water acquires majority stake in Kelzai Volcanic Water
Clear Premium Water, an Indian manufacturer of bottled water, has acquired a 51% stake in Kelzai Volcanic Water, a brand of volcanic spring water. Established in 2007, the Kelzai Volcanic Water brand provides water sourced from volcanic springs in the Western Ghats, and is claimed to be rich in essential minerals and electrolytes. It is […]
USA: PepsiCo to build $90 million snack facility in Vietnam
PepsiCo, the global snacks and drinks giant, has announced plans to build $90 million snack facility in Vietnam to supply both the Vietnamese and Cambodian markets. The new 80,000 sq m facility will be built in Dong Van I Expanded Industrial Park in the Ha Nam province and is expected to produce over 23,000 tonnes […]
Gama News – October – December 2023
The October – December 2023 edition of Gama News is now available. In this edition: o Industry Insight: Ian Wright CBE o Tradeshow Insight: InterTabac 2023 o Gama Innovation Conference & Awards 2023 o Industry Insight: Valeria Krynetskaya o Tradeshow Insight: Anuga 2023 o Look Ahead: Alimentaria 2024 o Look Ahead: IFE 2024 CLICK HERE to read it now.
Valeria Krynetskaya, Head of Plant-Based Venture THRYVE
IFFCO Group
Gama spoke to Valeria Krynetskaya, Head of Plant-Based Venture THRYVE at IFFCO Group. What are the drivers behind consumers’ dietary choices in the Middle East? “At the moment, consumers are mostly looking to evolve their diet towards lower salt, lower sugar and free from to reduce their weight. An important factor in these choices in […]
China: Pernod Ricard to launch “China-first” prestige malt whisky
French spirits maker Pernod Ricard has announced it has finalized production of The Chuan Pure Malt Whisky, the initial release from its distillery in Mount Emei, which is claimed to be the first prestige malt whisky to be produced in China. Construction on the distillery began in September 2019 as part of a ten-year, $150 million investment. […]
India: HCCB to invest $368 million in Gujarat
Hindustan Coca-Cola Beverages (HCCB), the Indian Coca-Cola subsidiary, has announced an investment of 3,000 crore INR ($368 million) to set up a new plant in Rajkot, in India’s Gujarat state, to manufacture juice and aerated beverages. “The investment is expected to create a considerable industrial footprint, fostering substantial economic and social growth in the region”, […]
Australia: Haigh’s Chocolates to build manufacturing facility in Salisbury South
Haigh’s Chocolates, an Australian confectionery company, has announced an investment of A$130 million ($87 million) to develop a manufacturing facility in Salisbury South, Adelaide. The project, which will span an area of 36,000 sq m, will accommodate 9,000 sq m for production facilities and 6,000 sq m for warehousing. A$36 million ($24 million) from the […]