Brazil: Nestle opens first Dolce Gusto factory outside Europe
Nestle’s first Nescafe Dolce Gusto factory outside Europe is set to begin operation with the inauguration of a new coffee capsule facility in Montes Clares, Brazil. Nestle said the investment was in response to demand for the brand´s coffee pods in Latin America, especially in Brazil where Dolce Gusto has been the market leader since […]
Brazil: Coca-Cola acquires dairy producer Verde Campo
Coca-Cola is entering the dairy sector in Brazil with the acquisition of Verde Campo, a producer of yoghurts, cheese and drinks based in the state of Minas Gerais. According to a report in Veja Abril, Coca Cola will be acquiring Verde Campo through Leao Alimentos, a partner of Coca-Cola and its bottlers in Brazil. Verde […]
Nigeria: Tiger Brands to sell Dangote venture
Tiger Brands, a South African consumer goods firm with a broad brand portfolio, is reported to be selling its struggling Nigerian venture to Dangote Industries as a result of nearly $120 million in write-downs. According to Fast Moving, Tiger Brands bought two-thirds of a stake in Dangote Flour Mills for almost $200 million from Aliko […]
‘High fibre’ and ‘high protein’ give breakfast a boost
Insight by Gama Compass™ MANCHESTER – 11th December 2015: The breakfast foods space is being increasingly characterized by new functional claims, convenient and single-serve pack formats, and a diversity of product choices across a broadening range of categories, the latest research by Gama can reveal. Gama’s study, based on products reported on Gama Compass™ over 2014 […]
USA: Keurig Green Mountain to be bought by JAB Holding
Coffee firm Keurig Green Mountain, the firm behind the Keurig Hot and Keurig KOLD beverage systems, has accepted a bid of $13.9 billion for the business from private German fund JAB Holding. The deal established the payment of $92 per share, in an agreement that represents a premium of approximately 77.9% over Keurig Green Mountain’s […]
UK: Tenzing Energy Drink makes its debut
The launch has been announced of a new energy drink for the UK market based on “all-natural” ingredients. Developed by former Red Bull executive Huib Van Bockel alongside Jamling Tenzing Norgay, Tenzing Energy Drink is described as a low sugar, all-natural beverage, made from rock salts from the Himalayas, guarana and lemon juice from Brazil, […]
France: Danone invests in infant formula brands
French dairy giant Danone is investing €240 million ($261 million) in a new facility in the Netherlands “to capitalise on growing demand for its international early life nutrition brands”. The factory will primarily manufacture goods for Danone Nutricia’s infant formula brands, including Aptamil and Nutrilon. Announcing the news in a statement, Danone said the plant […]
India: Patanjali Ayurveda plans $150 million expansion in 2016
Fast-growing consumer goods firm Patanjali Ayurveda is set to invest 1,000-crore INR ($150 million) early next year on various expansions plan, with a particular focus on e-commerce and export, according to reports in the Economic Times and Wellness India. Patanjali Group promoter Baba Ramdev said: “We are likely to invest about Rs 1,000 crore in […]
Functional drinks turn to “the power of egg”
The latest innovation insight from Gama Compass™ MANCHESTER – 3rd December 2015: With ‘high protein’ now topping new product claims across a number of food and drinks categories, this week’s Innovation Insight looks at one company’s efforts to stand out in an increasingly crowded field by turning to the protein ‘power’ of fresh, free-range eggs – […]
India: Coca-Cola may reinforce dairy presence with Vio launch
Coca-Cola is considering strengthening its presence the Indian dairy market with the launch of its US dairy brand Vio in the country. An Indian version of Vio would be adapted for the local market and, unlike the US offering, would be non-carbonated, according to information. In the US, Vio is offered as a skimmed dairy […]