China: Coca-Cola plans to invest $4 billion
Coca-Cola has announced plans to invest $4 billion in China over the next three years, according to a report in the Jakarta Post. Together with its bottling partners – COFCO Coca-Cola Beverages, Swire Beverages and Coca-Cola Bottling Investments Group China – Coca Cola will invest in expanding production capacity, distribution networks and facilities, and marketing. […]
Chile: Femsa mulls market entry
Femsa, the Mexican FMCG and retail conglomerate, is preparing to move into Chile, according to a report in America Retail. The company, which is also the world’s largest Coca-Cola bottler, is said to be looking to install its Oxxo retail chain in the country and also to be exploring a partnership with Andina, Chile’s main […]
China: Fonterra launches Anchor Kids’ Golden Milk
New Zealand based dairy firm Fonterra has expanded its Anchor brand in China with the launch of a new ultra-premium milk range targeted at children. Anchor Kids’ Golden Milk, developed by the firm’s China Brands business, is described as having 3.6g protein per 100ml – said to be 20% higher than the average protein level […]
Poland: Maspex Wadowice to take over Rio Bucovina
Polish food & beverage company Maspex Wadowice has signed a deal to acquire the Romanian bottled water firm Rio Bucovina, according to a report in Business Review. The acquisition of the bottled water manufacturer represents the third acquisition in Romania for Maspex Wadowice in recent years, demonstrating the company’s interest in the country which, according […]
UK: Morrisons to launch “Morrisons Milk for Farmers”
UK supermarket chain Morrisons is to launch a new milk brand that is claimed to support dairy producers by ensuring that 10 pence per litre of the retail milk price is returned directly to farmers. The move comes on the back of a number of direct action protests by farmers targeting the retailer’s stores. “We […]
India: Dabur’s Hajmola enters ready-to-drink beverage market
Dabur is expanding its digestive product brand Hajmola with the launch of Yoodley, a new ready to drink beverage available in 6 ‘chatpata’ (tangy and piquant ) traditional flavours. Available in colourful 250ml stand-up pouch packaging, the new line comprises Ajooba Aam Panna (a green mango drink), Nimboora Shikanji (a spicy lemon drink), Guava No. […]
Switzerland: Nestle maintains status as the world’s biggest dairy company
According to the Rabobank ranking for the year 2014, the Swiss company Nestle has maintained its positioned as the biggest dairy company in the world, with a total annual turnover of €20.9 billion ($23.2 billion). The French companies Lactalis (€14.7 billion / $16.3 billion) and Danone (€14.6 billion / $16.2 billion) made it to second […]
UK: Coca-Cola merges European bottling firms
Three European bottlers of Coca Cola have agreed to merge to create Coca Cola European Partners (CCEP), a new entity which will generate over $12 billion per year across 13 European countries. The new bottling company, which will be based in London, combines Coca Cola Iberian Partners (CCIP), Coca Cola Enterprises and Coca Cola Erfischungsgetranke […]
Australia: Parmalat wins private label contract
It has been announced that Parmalat has won a five-year contract “to supply Woolworths’ private label milk in NSW and South Australia”. According to Food and Drinks Business News, the company was the successful contender a $100 million battle for the Woolworths’ private label brand contract after edging out rivals Lion and Murray Goulburn. Lion […]
India: Coca-Cola implements first production cut in a decade
Coca-Cola has effected its first cut in production in India in over a decade following a number of months of poor sales, according to reports in Restaurant India and the Business Standard. In the peak summer season of April-June 2015, Coca-Cola reportedly saw a “mid single digit” drop in sales volumes from the previous year. […]