Nigeria: Nestle to open new beverage plant
The Nigerian arm of consumer goods giant Nestle has announced an investment of 4.1 billion NGN ($11.4 million) to open a new beverage production plant in Ogun state, Nigeria. The new plant will expand production of the brand’s Milo ready-to-drink range to an annual production capacity of approximately 8,000 tonnes, creating up to 100 new […]
Tradeshow Insight: Gulfood 2018
Warm sunshine and clear blue skies greeted guests arriving for the 2018 outing of Gulfood, the largest trade event in the Middle East for the fast-moving consumer goods sector. Now into its 23rd edition, Gulfood welcomed almost 100,000 visitors to the showgrounds of the Dubai World Trade Centre, with 1 million square feet of floorspace […]
France: Danone invests $18.3 million in New Zealand site
French dairy multinational Danone is making a $18.3 million upgrade to its New Zealand infant formula factory, according to a report in Foodbev. The investment will reportedly double production capacity at the Danone facility in Auckland, allowing the firm to export greater quantities of infant nutrition products. The move is part of a wider Danone […]
UAE: Emirates Industry for Camel Milk Products launches infant formula
The Emirates Industry for Camel Milk Products (trading under the name Camelicious), a specialist in camel milk derived products, has announced the launch of what it claims to be the first infant formula to be made from camel milk. The product is said to be rich in vitamins C, B1 and B2, as well as […]
Japan: Danone to sell Yakult stake
French dairy multinational Danone has announced that it has decided to sell the majority of the stake it owns in probiotic dairy drink firm Yakult as it “enters a new phase in its strategic partnership” with the Japanese firm. According to reports, Danone will sell its 21.29% stake for around $1.9 billion, before participating in […]
USA: PepsiCo to launch Bubly sparkling water
PepsiCo, the soft drinks and snack foods giant, has announced a further investment in the packaged water category with the launch of Bubly, a new brand of flavoured sparkling drinks. Bubly “combines refreshing and delicious flavors with an upbeat and playful sense of humor […] while keeping it real with no artificial flavors, no sweeteners, […]
Switzerland: Nestle acquires Terrafertil
FMCG giant Nestle has announced that it has acquired the Latin America firm Terrafertil, a company selling natural, organic, plant-based foods and snacks, for an undisclosed sum. Founded in Ecuador in 2005, Terrafertil markets a range of plant-based foods, including fruit and nut snacks, non-dairy milks, grains, nut butters and juices under its flagship Nature’s […]
Portugal: Font Salem announces €40 million factory investment
Font Salem, the Spanish leader in private label products and co-packing, has announced that it intends to invest €40 million ($49.3 million) over the next three years to expand its plant in Santarem, Portugal. Part of Grupo Damm, Font Salem is one of the biggest beer manufacturers in Spain, as well as producing a variety […]
Brazil: Nestle launches Nescafe Smoovlatte powdered drinks
FMCG giant Nestle has introduced a new powdered drink under the Nescafe Smoovlatte brand in Brazil. According to Nestle, the launch is in line with global trends and is aimed at introducing coffee to young adults. The new drink, which marks the entry of the Nescafe brand to the powdered “frappe” category in Brazil, is […]
UK: Coca-Cola European Partners announces site closure plans
Coca-Cola European Partners (CCEP), an independent Coca-Cola bottler, has announced plans to close two plants in the UK, according to a BBC report. The closure of a manufacturing facility in Milton Keynes, as well as a distribution centre in Northampton, is set to see up to 300 jobs lost. The Milton Keynes plant has nine manufacturing […]