Italy: Nestle to sell water brand Nestle Vera to Acqua Vera Spa
Sanpellegrino Group, a Nestle subsidiary, has announced the sale of Nestle Vera water brand to Acqua Vera Spa for an undisclosed sum. Founded in 1979 and acquired by Nestle in 2005, Acqua Vera holds approximately 6% of the Italian bottled water share market, registering an annual turnover of €80 million last year, according to sources. […]
USA: SCB Global Java to acquire White Tale Coffee
SCB Global Java, a holding company specialised on investments in the coffee market, has announced the acquisition of White Tale Coffee, for an undisclosed sum. Based in Denver, Colorado, White Tale Coffee is a premium artisanal coffee brand, that supplies its products through an e-commerce subscription platform. This deal is the third investment by SCB […]
China: TCP Group to invest $149.3 million to expand presence in China
Thai enterprise TCP Group has announced its plans to invest ¥1.06 billion ($149.3 million) to expand its presence in the Chinese market, over the next three years. This investment intends to support its local partnerships, establish a new representative office, in-country team, and manufacture centers as well as support the launch of new Red Bull […]
India: Tata Consumer to acquire PepsiCo’s stake in NourishCo Beverages
Indian company, Tata Consumer has announced the acquisition of PepsiCo’s stake in NourishCo Beverages for an undisclosed sum. Created in 2010 by the two companies, NourishCo Beverages is a 50:50 joint venture, focused on the healthy hydration market in India. According to sources, this deal allows Tata Consumer to widen its portfolio in the food […]
USA: Harmoni to acquire Uncle Matt’s Organic Brand
Dean Foods, the food and beverages company, has announced the sale of Uncle Matt’s Organic Brand to Harmoni. Founded in 1999 by Matt McLean and sold in 2017 to Dean Foods, the juice brand Uncle Matt’s Organic is now being sold to a company created by its founder as well as a team of investors. […]
China: Nestle to launch NesQino a line of personalised beverages
Multinational food and drinks giant Nestle has launched NesQino, a customisable functional beverage product on the market in China. NesQino offers a digitally connected Q-cup machine, a variety of superfood sachets, and three base sachets: smoothie, oat shake, and milkshake. Consumers can choose from 21 different flavour recipes, which are made from 100% natural ingredients […]
UK: Tenzing to launch natural energy drink with vegan BCAAs
Natural energy drink brand Tenzing, has launched a plant-based energy drink containing anti-oxidising berries and vegan BCAAs (branched-chain amino acids). The new Tenzing Blackberry & Acai obtains its vegan BCAAs from fermented corn by probiotic bacteria and claimed to contain caffeine, vitamin C, and electrolytes. Founder of Tenzing, Huib van Bockel, said: “Somehow people have […]
Czech Republic: Kofola to acquire two Czech mineral water brands
Kofola, a Czech-based beverage company, has announced the acquisition of two mineral water brands, Karlovarska Korunní and Ondrasovka for an undisclosed sum. This deal happens after the approval of the Czech Office for the Protection of Competition. Both Karlovarska Korunni and Ondrasovka are mineral water brands with a rich history and tradition in the Czech […]
Canada: Mondias Natural Products to acquire Erablier
Mondias Natural Products, a Canadian-based company specialised in natural health products, has announced the acquisition of Erablier for an enterprise value of C$1 million ($690,000). Based in Quebec, Canada, Erablier is a producer of organic maple water, obtained from sugar extracted from maple tree sap. According to Mondias Natural Products, the acquisition will expand its […]
USA: Myprotein to launch first clear vegan protein shake
Myprotein, UK-based sports nutrition brand, developed a clear plant-based protein shake that will be introduced on the US market, to meet the increased demand for vegan products. According to the manufacturer, the powdered protein shake is sweetened with stevia and monk fruit extracts, being sugar and fat free, and it is available in two flavours: […]