Czech Republic: KMV and PepsiCo unite to acquire Knjaz Milos
Mid Europa, a UK-based private equity firm, has announced it has sold the Serbian soft drinks business Knjaz Milos to a joint venture formed by food and drinks multinational PepsiCo and Czech water distributor KMV for an undisclosed sum. The fund acquired Knjaz Milos together with leading regional dairy and confectionery players Imlek and Bambi in […]
Finland: Fazer agrees to buy Kaslink
Fazer, the leading Finnish bakery and confectionery firm, has announced it has agreed to Kaslink, a family-owned company specialising in Scandinavian cooking products, drinks and snacks, for an undisclosed sum. Kaslink’s product range includes Aito Oat Milk, Maire dairy products, Koria protein drinks, Vesi Water and Nordic Cuisine cooking sauces. The firm had net sales […]
UK: Coca-Cola launches RTD coffee under the Costa brand
Coca-Cola, the global soft drinks giant, has announced it is launching a new lineup of RTD coffee under the Costa brand for consumers in the UK. “The ready-to-drink offering contains a double shot of Costa Coffee’s smooth and delicious Mocha-Italia signature blend, to deliver the same Costa Coffee experience which consumers know and love”, the […]
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 […]
Germany: Danone to launch Volvic coffee drink
The German division of Danone, the dairy and bottled water giant, has launched a new water under the Volvic name that is said to be infused with coffee and to feature added fruit flavours, according to a FoodBev report. Claimed to be a “sensational alternative to iced tea”, the new coffee-infused water is available in Mocha […]
USA: Tea firm Milo’s invests in new Oklahoma facility
Milo’s, an Alabama-based firm that manufactures, distributes, markets and sells fresh-brewed teas and lemonades in 45 states throughout the USA, has announced it plans to break ground on a new manufacturing and distribution centre in Tulsa, OK. The firm said it planned to invest $60 million in the construction of a 108,000 sq ft facility […]
Canada: GreenSpace Brands sells juice brand Kiju to Zurban Beverages
GreenSpace Brands, a Canadian-based business that develops, markets and sells natural food brands has announced it is selling assets within the Nothing But Nature business relating to the Kiju brand of organic juice and iced tea to Zurban Beverages for $8 million. The Kiju juice line is described as 100% juices that are premium, certified […]
India: Tata opens instant coffee plant in Vietnam
A new instant coffee plant built for Indian drinks conglomerate Tata has opened its doors in the Binh Duong province of Vietnam, the firm’s construction partner GEA has revealed. The plant, Tata’s first instant coffee factory outside of India, will reportedly produce 5,000 tonnes of instant coffee per annum. In a previous statement, Tata said: […]
USA: Caliva buys drinks firm Zola
Caliva, a California, US-based cannabis company, has bought soft drinks firm Zola in a bid to expand into CBD-infused beverages, according to FoodBev and BevNet reports. Zola, which focuses on “plant-based hydration”, markets a range of soft drinks including coconut water, acai juice, and natural energy drinks. Caliva said the deal would allow it to […]
USA: Conagra Brands unveils Reddi-Wip coffee creamer
Conagra Brands, the leading US food manufacturer, has announced it is expanding its Reddi-Wip whipped topping brand into the coffee creamer category with the launch of its new Barista Series of cream-based products. The company said its new Nitro Creamer and Sweet Foam products were designed to give consumers a coffeehouse experiences any time of […]