Flavoured water goes flavour-free
The latest innovation insight from Gama Compass MANCHESTER – 6th June 2019: The burgeoning demand for ‘clean’ and ‘unadulterated’ products finds a new expression in this month’s Innovation Insight. Under the microscope is a bottled water that takes a potentially revolutionary approach to product ‘flavour’ with a unique aroma-based concept – Szent Water. New to the market […]
Spain: Dia may close more than 200 stores
Dia, the Spanish supermarket chain, plans to close 219 outlets this month after a buyer for them failed to materialise, according to a report in El Pais. The retailer had previously announced up to 300 of its stores might have to shut after it closed its 2018 financial year with €352 million ($396 million) in […]
Russia: Bonduelle acquires frozen vegetable plant
Bonduelle, a company specializing in processed vegetables, has announced it has acquired the industrial assets of Shock LLC, a frozen vegetable company located in the Belgorod region in Russia. The French firm said the new site’s location in a temperate climate region with particularly fertile soils would accelerate the development of the Bonduelle frozen business […]
Australia: Coca-Cola Amatil sells SPC processing business
Coca-Cola Amatil (CCA), one of the largest bottlers of non-alcoholic ready-to-drink beverages in the Asia-Pacific region, has announced it has reached a deal to sell the SPC fruit and vegetable processing business to Shepparton Partners, a joint venture between Perma Funds Management and The Eights, for A$40 million ($28 million). CCA originally announced it was […]
USA: Godiva joins forces with General Mills to launch baking mixes
Godiva, the leading chocolate firm, has announced the launch of a new line of baking mixes in partnership with the US multinational General Mills. The baking mixes, which will feature Godiva 72% cocoa dark chocolate callets (chocolate chips) will be available in four dessert options – Molten Lava Cakes, Brownie Cheesecake Swirl, Raspberry Chocolate Torte […]
China: Aldi to open two bricks and mortar stores
German discount retailer Aldi is planning to open two physical stores in China, according to reports in Retail Detail and the South China Morning Post. The stores are to be located be in the Shanghai region (in the Jing’an and Minhang districts), supplied by a new distribution centre also to be built in the locality. […]
France: Saint Jean to invest in fresh pasta site
Saint Jean, the specialist in fresh pasta and Italian ready meals, is spending €48 million ($54 million) to add a new plant at its production site in Romans-sur-Isere in the Drome department of south-western France, according to a report in Les Echos. The first phase of the project reportedly includes a 7,500 sq m manufacturing facility with six production […]
Australia: Fonterra to close Victoria site
Fonterra, the New Zealand based dairy giant, has announced it is to close its processing plant in Dennington, Australia due to overcapacity and constrained milk supply. The closure of the factory, which is located in the south west of the state of Victoria and currently produces “lower value” products, comes amid “significant changes, including a declining […]
UK: Cofresh to open factory for ‘free from’ snacks
Cofresh, which claims to be the UK leader in Indian-style snacks, is investing £20 million ($25. million) in a new factory and warehouse in Nuneaton, UK to keep pace with the expansion of the business, according to a report in the Leicester Mercury. The 18-month investment will allow Cofresh to complement its existing factory in […]
UK: Canopy Growth acquires This Works to explore CBD-based skincare
Canopy Growth, a cannabis company based in Smiths Falls, Canada, has announced it has finalized an all-cash transaction to acquire This Works, a UK-based natural skincare and sleep solutions firm, for a purchase price of £43 million ($54.49 million). The firm’s best-known products are sad to include a deep sleep pillow spray, morning expert hyaluronic […]