Australia: Coca-Cola Amatil explores options for SPC
Cola-Cola Amatil, the Australian softt drinks and food firm, has started a “strategic review” of SPC, an Australian processor of packaged fruit and vegetablea. According to Alison Watkins, managing director of Coca-Cola Amatil, the review coincides with the completion of a four-year, A$100 million ($72 million) co-investment in SPC in conjunction with the Victorian government. “We […]
Israel: PepsiCo to buy SodaStream for $3.2 billion
Global food and drinks giant Pepsico has acquired Israel-based SodaStream for $3.2 billion. SodaStream makes home-machines which transform tap water into carbonated water that can be flavoured by adding syrups. “Today marks an important milestone in the SodaStream journey. It is validation of our mission to bring healthy, convenient and environmentally friendly beverage solutions to […]
USA: Coca-Cola takes minority stake in functional drinks firm Bodyarmor
Soft drinks powerhouse Coca-Cola has announced it has entered into a definitive agreement to acquire a minority stake in functional drinks business Bodyarmor for an undisclosed sum. The firm said that the deal was “uniquely structured to create value for both companies” and would allow it to increase its holding in the future, including a “path to […]
USA: Starbucks debuts organic kombucha
Starbucks, the international coffee firm, has announced that is expanding its functional beverage portfolio by launching Evolution Fresh Organic Kombucha. Acquired by Starbucks in 2011, Evolution Fresh offers cold-pressed juices and smoothies that are made by pressing and squeezing vegetables and fruits, then bottling the juice cold using high-pressure processing. Evolution Fresh Kombucha is described […]
India: Fonterra forms joint venture with Future Consumer
Fonterra, the multinational milk processor, has announced that it has joined forces with the consumer goods firm Future Consumer, part of Future Group, to market dairy products in India. The new venture, which is to be called Fonterra Future Dairy Partners, will market a range of products for both retail and foodservice channels that will “help […]
USA: Rocky Mountain High Brands to acquire BFit Brands
Rocky Mountain High Brands, a lifestyle brand management company, has announced the total acquisition of BFit Brands, maker of whey protein and energy drink FitWhey. FitWhey is described as being a naturally sweetened, flavoured and coloured water-based protein drink that combines quality whey protein isolate with caffeine and vitamin B. Designed to “maximize performance”, the […]
Saudi Arabia: Almarai opens new dairy facility
Almarai, a leading Middle East food and drinks firm, has announced the opening of a new dairy facility in Saudi Arabia in partnership with GEA, a supplier group of food industry process technology. Described as Saudi Arabia’s “largest and most modern dairy processing facility”, the new site is dedicated to milk and yoghurt production, with […]
Germany: Tchibo to invest in Hamburg plant
Coffee firm Tchibo has announced an investment of €20 million ($23 million) to improve facilities at its roastery in Hamburg, Germany. The multi-year upgrade programme will see “the most up-to-date” drum roasting and hot air roasting technologies installed at the site, with work scheduled to be completed by 2020. Commenting on the investment, Tchibo CEO Thomas Linemyr […]
Switzerland: Nestle to expand Dolce Gusto production in Vietnam
Consumer goods powerhouse Nestle is expanding its hot drinks capacity in Vietnam with the launch of a new production line to manufacture Nescafe Dolce Gusto coffee capsules. The new line is claimed to use Vietnamese coffee beans, “providing premium coffee products for domestic consumption and export”. It is initially expected to process 2,500 tons of […]
USA: Dean Foods to close facility in Illinois
Dean Foods, the leading US dairy processor, is to close a bottling facility in Huntley, IL according to media reports. The move is the latest in a string of closures for the firm as it seeks to consolidate its operations in the face of falling consumer demand for milk products. Earlier this month, Dean Foods […]