USA: Systm Foods acquires Humm kombucha brand
Systm Foods, a joint venture between brand accelerator Systm Brands and FMCG investment firm Ground Force Capital, has acquired drinks firm Humm for an undisclosed amount. Founded in 2009, Humm makes what is said to be the first and only Whole 30-approved kombucha. It will be added to the Systm Foods portfolio alongside fellow plant-based […]
Brazil: JDE Peets acquires tea and coffee brands from JAV Group
Netherlands-based coffee and tea major JDE Peet’s has announced it has completed the acquisition of the tea and coffee business of Brazilian firm JAV. Terms of the deal, which includes brands such as Cafe Marata, Cafe Puro, Cha Marata and Cha Castellari and which was first announced last July, were not disclosed. In a statement, […]
Tradeshow Look Ahead: Josep Antoni Valls, Alimentaria 2024
Gama spoke to Josep Antoni Valls, director general, ahead of the latest edition of Alimentaria. Read the interview in the latest issue of Gama News. What are your expectations for Alimentaria&Hostelco 2024? The 2024 edition will be the most international to date. More than 900 out of the 3,200 exhibiting firms expected will be international, coming […]
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: Chobani to acquire La Colombe
Chobani, the leading US greek yoghurt firm, has announced the acquisition of La Colombe, an American coffee roaster, for $900 million. Founded in 1994, La Colombe is described as crafting premium roasts from bean to cup, reaching consumers through retail stores, cafes, food service providers, and direct-to-consumer platforms. The deal comes a matter of months […]
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”, […]
India: Krishna’s Herbal & Ayurveda to open new manufacturing unit in Jodhpur
Krishna’s Herbal and Ayurveda, a leading manufacturer & supplier of ayurvedic medicines, has announced an investment of 5 crore INR ($600,000) to develop a state-of-the-art manufacturing plant in Jodhpur, India. The company is said to be best known for juices with natural and ayurvedic ingredients, and its portfolio is said to encompass products for diabetics, […]
Ian Wright CBE, Co-ChairFood and Drink Export Council
Gama spoke to Ian Wright CBE, Co-Chair of the Food and Drink Export Council. What challenges are consumers facing and how should suppliers respond? “The cost of living is a major problem right the way around the world and it’s making a big difference to the ability of our customers, our consumers and most importantly […]
Look Ahead: Federico Dellafiore, IFE 2024
Gama spoke to Federico Dellafiore, event manager, ahead of the latest edition of IFE, International Food & Drink Event. Read the interview in the latest issue of Gama News. What are your expectations for IFE 2024? What new features are there for visitors to look forward to? We’re so excited for the industry to experience IFE 2024. […]
Brazil: Nestle investing $1.2 billion in food and beverage production
Consumer goods major Nestle is planning to spend over $1.2 billion to bolster its capabilities in Brazil between 2023 and 2025, consolidating the country as Nestle’s third most important market globally. In a statement, Nestle said money would be earmarked for the adoption of new technologies and manufacturing facilities, more sustainable practices, and product innovation. […]