South Africa: Old Mutual acquires minority stake in In2Food
Old Mutual, the UK-based private equity firm, has bought a minority stake in South African food maker In2Food for a price between 200 million and 600 million ZAR ($12 and $36 million), according to a report in Bloomberg. In2Food is a manufacturer of private-label products for grocery chains, founded in Johannesburg in 2007. The firm […]
UK: Unilever turnover up 10% in 2015
FMCG Unilever posted a turnover increase of 10% in 2015, according to the company’s latest full year financial statements. Total sales for the year rose to €53.3 billion including a positive currency impact of 5.9%. The company also reported underlying sales growth of 4.1% “ahead of our markets”, with volume up by 2.1% and value up by 1.9%. […]
Water, tea and fruit juice prove the ‘natural’ hotspots
Insight by Gama Compass™ MANCHESTER – 22nd January 2016: ‘Natural’ continues to be a cornerstone of product marketing in new food and especially new drinks launches, according to Gama’s latest study of claims in global new consumer goods. In product launches reported on Gama Compass™ over the course of 2015, ‘natural’ was the fifth most likely […]
UK: JMS Drinks unveils low-calorie energy drink for women
JMS Drinks has announced the launch of Sunsoul, promoted as the company’s first low-calorie energy drink aimed at women. Sunsoul 100% Natural Energy Drink comes in a choice of Kaffir Lime & Lemon, Raspberry & Elderflower and Spiced Mango & Pineapple varieties and is claimed to be free of artificial vitamins, taurine and refined sugar. […]
UK: Vita Coco launches chocolate coconut water
Vita Coco, the company behind the the UK’s leading coconut water brand, has announced that it has added a Chocolate variety to its lineup of coconut water products, according to a report in the Grocer. Made from cocoa powder and a “dash” of coconut milk, Vita Coco Chocolate Coconut Water is claimed to have a more […]
USA: Brynwood Partners to acquire Sunny Delight
Private equity firm Brynwood Partners has announced that it has agreed the acquisition of Sunny Delight Beverages from JW Childs. Based in Cincinnati, OH, USA, Sunny Delight Beverages was formed by JW Childs in 2004 in order to acquire the Sunny Delight brand from Procter & Gamble. Sunny Delight became an independent national beverage company […]
Thailand: CP Meiji launches new yoghurt drink
CP Meiji, one of the largest manufacturers and distributors of dairy products in Thailand, is launching a new yoghurt drink for the market in Thailand, according to a report in in NNA. The new Meiji Bulgaria Yoghurt Drink, which launches this month in the varieties Low Sugar Mild Flavour and Wild Berry Flavour, is described […]
Australia: Sanitarium releases limited edition Up & Go Liquid Breakfast
Sanitarium, a manufacturer of spreads, snacks, drinks and milk alternatives, has released a limited edition of its Up & Go Liquid Breakfast in a peanut butter flavour. According to a report in Australian Food News, Up & Go is promoted as a “the perfect breakfast option for when you are on the go”. The drink, […]
USA: Orchard House Foods acquired by Hain Celestial
American organic goods manufacturer Hain Celestial has announced that it has acquired UK-based fruit products maker Orchard House Foods. Orchard House Foods is a leader in prepared fruit, juices, fruit desserts and ingredients with facilities in Corby and Gateshead in the UK. Founded in 1985, the firm supplies retailers, on-the-go food outlets, food service providers […]
India: Bisleri to expand in the soft drinks space
Mineral water firm Bisleri International is set to expand in the competitive soft drinks space in early 2016 with a new range of flavoured products, according to reports in ET Retail and The Hindu BusinessLine. The new launch will be made available in lemon, spicy, mango and pina colada flavours and is set to be […]