Look Ahead: Mark Napier, Gulfood 2020
Gama spoke to Mark Napier, Show Director, Gulfood, ahead of the landmark 25th edition of the Middle East tradeshow. What are your expectations for this edition of Gulfood? We anticipate this edition – which marks the 25th anniversary of Gulfood – being a hotbed of innovation reflecting the trends within an industry where demographic […]
Brazil: Danone to shut two bottled water plants
Danone, the global dairy and beverages business, is shutting two plants in Brazil that produce bottled mineral water, according to a report in NewTrade. The production sites, which are located in Jundiai (Sao Paulo state) and Nova Iguacu (Rio de Janeiro state) produce bottled water for Bonafont, a major Latin American water brand that has a leading […]
USA: Diageo makes minority investment in spirit alternative Ritual
Diageo, the leading alcholic drinks firm, has announced it has made a minority investment in the spirit alternative business Ritual via its accelerator arm Distill Ventures. The investment marks a futher foray by Diageo into alcohol-free spirits, following its previous acquisition of a majority stake in Seedlip, described as the world’s first distilled non-alcoholic spirit brand. […]
Netherlands: Riedel acquires juice and snack maker Healthy People
Riedel, the leader in the Netherlands for fruit drinks, is acquiring Healthy People, a local juice and snack maker, for an undisclosed sum, according to a Levensmiddelenkrant report. Founded in 2006, Healthy People is described as being the first company in the Netherlands to introduce a “superfruit” pomegranate juice. Its other products include fruit juices, coconut […]
Netherlands: JDE and Peet’s Coffee to merge, explore IPO
Jacob’s Douwe Egberts, the leading coffee firm (formed from the merger of the Mondelez International and D.E Master Blenders 1753 businesses in 2014), and US speciality coffee firm Peet’s Coffee, are to be merged ahead of a potential IPO of the combined business in 2020. The exploration of an IPO is said to be a key […]
Tradeshow Insight: SIAL Middle East 2019
Hailed as its biggest edition yet, SIAL Middle East returned to the Abu Dhabi Business Centre, United Arab Emirates (UAE) earlier this month to celebrate its 10th anniversary. Once again, halls were packed with a diverse array of food and drinks products from all around the world, giving an indication of the new tastes and concepts set […]
India: Varun Beverages expands capacity in Zimbabwe
Varun Beverages, the Indian soft drinks firm, is expanding production capacity in Africa with the inauguration of the second phase of its bottling plant in the Zimbabwean capital Harare, according to a report in Food Businesss Africa. The expanded plant, a franchise bottling operation for PepsiCo, now features three further production lines, in addition to the first PET […]
Australia: Lion Australia to sell dairy division to Mengniu
Lion Australia, the Kirin-owned Australian food and drinks manufacturer, has announced it has reached an agreement to sell its Dairy & Drinks business to Chinese dairy firm Mengniu in a deal valued at A$600 million ($406 million). The sale includes all white milk, milk-based drinks, yoghurt, juice and water ice brands and assets, as well as Lion […]
Look Ahead: Saeed Al Mansoori, SIAL Middle East 2019
Gama spoke to Saeed Al Mansoori, IDEX Executive Director at ADNEC, ahead of the 2019 edition of SIAL Middle East. What are your expectations for the 10th edition of SIAL Middle East? We are very much looking forward to our 10th anniversary edition as we are expecting to draw over 1,000 exhibitors, with more than 30 […]
USA: Bang Energy inaugurates new production site
Bang Energy, a US manufacturer of energy drinks and sports nutrition products, has announced it has spent $52 million to acquire a new 400,000 sq ft manufacturing and distribution facility in Phoenix, AZ in order to expand capacity. The new factory will manufacture products for a range of brands in the Bang Energy portfolio, including Stoked, Bang Keto […]