Denmark: Royal Unibrew acquires Etablissements Geyer Freres
Danish beverage company Royal Unibrew has completed the acquisition of 100% of the French drinks maker Etablissements Geyer Freres (EGF) for 600 million DKK ($94 million). EGF manufactures organic and local products and owns Lorina lemonade as well as the PureThe and InFreshhh brands. The firm employs 100 staff and operates production facilities in the north-eastern […]
UK: PepsiCo expands Quaker brand into breakfast drinks
PepsiCo, the leading food and drinks manufacturer, is expanding its breakfast portfolio in the UK with the launch of new milk drinks under the Quaker brand. Described as being “perfect for your breakfast on the go”, Quaker Breakfast Drink is said to blend wholegrain oats, milk and fruit “to give you a delicious tasty and satisfying drink, […]
USA: Dean Foods acquires majority stake in Good Karma
Dean Foods, the US consumer goods firm, has announced the acquisition of a majority stake in Good Karma, a leading brand of flaxseed-based products. The company took a minority stake in the dairy alternative producer last year. Based in Boulder, CO, USA, Good Karma produces a range of plain, flavoured and nutritionally-enhanced flaxseed milk alternatives, as well […]
India: Ananda Dairy to open new plant, expand store footprint
Ananda Dairy, an Indian milk processor, is to step up its presence in its domestic market with plans for hundreds of new stores and a new manufacturing plant, according to a report in the Economic Times. The new processing facility is earmarked for the northern state of Uttar Pradesh and is expected to have capacity […]
Uruguay: Coca-Cola FEMSA to acquire Montevideo Refrescos in $250 million deal
Coca-Cola FEMSA, the largest Coca-Cola franchise bottler in the world by sales volume, has announced the acquisition of Montevideo Refrescos (Monresa) from Coca-Cola Co for $250.7 million in an all cash transaction. The deal, which was made on a cash-free and debt-free basis, increases the presence of Coca-Cola FEMSA to 11 countries aroundthe world. With […]
USA: Starbucks launches retail tea under Teavana banner
International coffee shop chain Starbucks has announced the launch of packaged tea in grocery stores through its Teavana brand. Starbucks said the launch of the new retail line came on the back of 14% sales growth for its Teavana and Refreshment business at US company-operated Starbucks stores in the 2018 fiscal year to date. Teavana […]
Brazil: Melitta enters the coffee capsules segment
Germany based coffee and coffee accessories firm Melitta is introducing a range of coffee capsules in Brazil that is compatible with Nespresso coffee makers. The new product lineup comprises Ristretto, Marcato, Staccato, Audacce and Tenuto, which are divided according to their aroma profiles of intense, balanced and fruity. According to Embalagem Marca, the range is […]
USA: All Market to acquire Runa energy drinks
All Market, the company behind Vita Coco coconut water, has agreed a deal to acquire “clean” energy drink brand Runa, according to a report in Foodbev. Runa is an organic energy drink range based on guyusa, described as a rainforest plant with a naturally high content of slow-release caffeine and polyphenols. Commenting on the launch, Vita […]
China: Coca-Cola inaugurates new plant in Yunnan province
Soft drinks giant Coca-Cola, together with local partner Swire, has announced the opening of a new production plant in Yunnan province, China. Described as the largest Coca-Cola production plant south of the Yangtze River in China, the new facility is said to have achieved a gold certification of Leadership in Energy and Environmental Design (LEED). “The investment […]
France: Danone to acquire near 50% stake in Yashili New Zealand Dairy
Danone Asia Pacific Holdings, a subsidiary of French dairy multinational Danone, has signed a non-binding agreement to obtain a 49.9% stake in Yashili New Zealand Dairy, according to a FoodBev report. Yashili New Zealand Dairy produces a range of dairy products, focusing mainly on infant formula. The company owns a factory capable of producing 50,000 […]