USA: PepsiCo launches salted caramel cola
PepsiCo, the food and beverage giant, has announced the launch of a new salted caramel flavour for its Pepsi cola. The flavour extension is part of a new lineup of festive products aimed at “delivering bold and cheerful holiday flavors that will satisfy everyone in the room”, according to a press release from the company. […]
Innovation drives FMCG in the UAE
Insight by Gama Compass DUBAI – 8th November 2017: The UAE continues to be a hotbed for investment in the FMCG sector, with new product development coming from both domestic and international firms eager to tap into new opportunities, especially in the UAE’s fast-growing food and drinks industries. New product development trends highlight the importance of market-specific preferences […]
USA: Dairy Farmers of America acquires Cumberland Dairy
Dairy Farmers of America (DFA), the leading US dairy co-operative, has announced that it has acquired dairy processor Cumberland Dairy for an undisclosed sum. Located in Bridgeton, NJ, Cumberland Dairy manufactures ultra-pasteurized dairy products including milk, cream, milk cream, dessert mixes and non-dairy creamers. The firm supplies retail chains, convenience stores, wholesale food distributors and restaurants, predominantly […]
USA: Nestle to add Chameleon Cold-Brew to its coffee portfolio
The US arm of FMCG multinational Nestle has announced the acquisition of Chameleon Cold-Brew as part of a strategy to diversify its coffee portfolio. Chameleon Cold Brew is described as premium crafted organic coffee, sourced consciously and sustainably grown. The firm offers ready-to-drink cold-brew, cold-brew concentrate, kegs, cold brew kits and whole bean coffee. The […]
USA: Unilever to buy Tazo from Starbucks for $384 million
Anglo-Dutch consumer giant Unilever has announced an agreement to acquire the Tazo tea brand from Starbucks for $384 million. According to a company statement, Tazo had sales of $112.5 million in the past year and enjoys a strong position in specialty black, green and herbal teas, as well as liquid concentrates such as chai latte. […]
Australia: Saputo to acquire Murray Goulburn
Saputo, a leading global dairy firm, has announced that it has reached an agreement to acquire its Australian counterpart Murray Goulburn for a purchase price of A$1.31 billion ($1.0 billion) on a debt-free basis, subject to shareholder approval and regulatory clearance. Murray Goulburn produces a full range of dairy products, including milk drinks, milk powder, cheese and […]
USA: DanoneWave to invest $60 million in Virginia facility
DanoneWave, the business unit of dairy and drinks giant Danone in the USA, has announced it is to invest $60 million in a plant-based beverage facility in Virginia. The company will add production capacity and will expand the warehouse at the Mt Crawford facility, generating 46 new jobs. DanoneWave was formed following the acquisition of […]
Tradeshow Insight: Anuga 2017
This October, the city of Cologne once again became a hub for the global food and drinks community as a record numbers of exhibitors, and tens of thousands of trade visitors, descended on the Kolnmesse showgrounds for the latest instalment of Anuga, one of the world’s leading trade fairs in the FMCG space. In total, […]
India: Goodricke acquires Godfrey Phillips tea business
India-based tea producer Goodricke has announced the acquisition of the packaged tea division belonging to tobacco firm Godfrey Phillips India. According to India Retailing, the agreement gives Goodricke Group the rights to the trademarks, titles and brands of the Godfrey Phillips tea business including the brands Tea City, Tea City, SC Gold, Symphony, Samovar, SC […]
UK: Coca-Cola launches Schweppes 1783
Multinational beverage company Coca-Cola has announced the launch off Schweppes 1783, a line of “premium” mixers claimed to have been developed in partnership with some of the world’s “top mixologists”. According to Coca-Cola, the new range was “inspired by the alchemy of Jacob Schweppe in 1783” and “combines the effervescence and balanced taste of Schweppes […]