USA: PepsiCo to acquire Rockstar Energy Beverages
PepsiCo, the US based drinks and snacks giant, has announced the acquisition of Rockstar Energy Beverages for $3.85 billion. Founded in 2001, Rockstar Energy Beveragesproduces beverages that are designed for those who lead active lifestyles, offering over 30 flavours at convenience and grocery stores in more than 30 countries. Through the deal, PepsiCo is aiming […]
UK: Danone to acquire a majority stake in Harrogate Water
Danone, the food and drinks multinational, has announced the acquisition of a majority stake in Harrogate Water, a UK-based bottled water company, for an undisclosed sum. Owned by the Cain family, Harrogate Water has a history dating back to 1740 s and abstracts water from an underground aquifer below the Harrogate Pinewoods. The company reported […]
UK: Lucozade Ribena Suntory inaugurates new bottling line
Lucozade Ribena Suntory, the UK subsidiary of Japanese food and drinks giant Suntory, has inaugurated a new £13 million ($16.9 million) production line at the firm’s factory in Coleford, Gloucestershire. The new high-speed line fills 55,000 bottles an hour, enabling Lucozade Ribena Suntory to keep up with the demand for its expanding range of low-sugar […]
UAE: Agthia launches ‘Middle East first’ bioplastic bottle
Agthia, the leading Middle East food and beverage firm, has unveiled what is said to be the region’s first drinks bottle made from bioplastic. The new Plant Bottle for Agthia’s flagship Al Ain mineral water brand is described as being made from fermented sugars that are converted into a resin called polylactic acid. The pack is […]
UK: Unilever considering disposal of tea assets
Unilever, the FMCG multinational, is considering the sale of its tea division in light of declining sales. Speaking during a conference call to announce the firm’s Q4 results, Unilever CEO Alan Jope described the firm’s tea business, which includes the PG Tips and Lipton brands, as being “more mature […], consolidated […] and structurally slower growing”, and […]
USA: Keurig Dr Pepper acquires energy drink brand Limitless
Keurig Dr Pepper, the soft drinks and coffee firm, has acquired the caffeinated sparkling water brand Limitless for an undisclosed sum, according to a BevNET report. Founded in Chicago in 2016, Limitless produces calorie-free, sparkling water containing 35mg of caffeine per 12oz can. Reportedly inspired by “a passion for finding the cleanest caffeine possible”, the line […]
Mexico: Nestle to invest $700 million in manufacturing plants
The Mexican arm of food and drink multinational Nestle has announced plans to invest $700 million to upgrade its 17 manufacturing plants to increase productivity, improve processes and expand production capacity. The investment includes $200 million, announced in November last year, for the first phase of a new coffee factory in Veracruz, which will process 20,000 tons of coffee […]
France: Coca-Cola announces €1 billion of investments
Coca-Cola, the global soft drinks giant, has announced plans to invest up to €1 billion ($1.1 billion) in France over the next five years in support of “sustainable development” and a broadening of its product portfolio. The firm said that, together with Coca-Cola European Partners (CCEP), its primary French bottling partner, it planned to make a […]
Finland: Fazer to close Yosa oat factory
Fazer, the Finnish dairy and confectionery firm, is considering closing a production facility for its Yosa brand of oat-based products, according to a FoodBev report. The plant in Kaarina, south-west Finland, is reportedly being shut as part of an efficiency drive, with production moving to another manufacturing site in the town of Koria. While noting […]
UK: Asda to trial refill stations at “sustainability store”
‘Big Four’ UK supermarket chain Asda has announced plans to address the challenge of reducing plastic waste by opening a “test and learn sustainability store” in Leeds that will allow consumers to bring in their own containers and refill with a variety of dried goods. Launching in May, the store will use dedicated refill stations to […]