ITC Foods, the Indian consumer goods company, has launched B Natural Coconut Cola, a fusion drink that pairs the hydration of coconut water with the taste and fizz of cola. Designed for conscious consumers, the product represents an entirely new beverage category in India, according to the company. The beverage formulation contains zero caffeine, zero added sugar and provides 9 calories per serving. It was developed in close collaboration with …
Asia Pacific
Atelier Expressions, the Singapore-based premium lifestyle platform of Indian conglomerate TVS VENU, has entered into an agreement to acquire a majority stake in Lonestar Hospitality Private Limited (Khoya), a luxury handcrafted mithai brand based in New Delhi, India. The transaction, which is subject to customary closing conditions, is expected to complete at the end of August 2026. Founded in 2016 by Sid Mathur, Khoya specialises in premium, handcrafted traditional Indian …
Nestle, the Swiss food and beverage giant, has announced an investment of 23 billion THB ($688 million) to construct a new Nescafe manufacturing facility in Thailand’s Samut Prakan province. The high-tech factory, which is scheduled to begin operations in the latter part of 2028, will produce a broad range of Nescafe products, including soluble coffee, coffee mixes, and ready-to-drink formats. Equipped with advanced manufacturing technology and artificial intelligence (AI), the site will …
VBL Industries (Kenya) Limited (VBL Kenya), a wholly-owned subsidiary of Indian beverage producer Varun Beverages, has entered into a Business Transfer Agreement to acquire the value-added dairy beverages, juices and packaged drinking water business of Devyani Food Industries (Kenya) Limited (DFIL Kenya), an RJ Corp subsidiary Under the terms of the agreement, VBL Kenya will pay a purchase consideration of $32 million to DFIL Kenya, which is a promoter group …
The Magnum Ice Cream Company (TMICC), the world’s leading ice cream business, has opened its new Research, Design & Innovation (RD&I) centre in Bengaluru, India. Spanning 13,000 sq ft, the “future-ready” facility houses a state-of-the-art laboratory and a digitally enabled pilot plant. The new facility is located in Whitefield, Bengaluru, which is recognised as India’s technology hub. Designed as a creative laboratory “where science meets indulgence”, the centre is established …
Umios, the Japan-based food production and distribution company, has announced that its board of directors has resolved to acquire a 51% equity stake in Malaysian pet care holding company Pet World International (PWI). The transaction, valued at approximately ¥11,400 million ($71 million), will be executed through a newly established holding company. Following the acquisition, PWI will become a specified subsidiary of the company. Operating across Southeast Asia with Malaysia as …
Honasa Consumer, the company behind the Mamaearth personal care brand, has agreed to acquire a 58% stake in nutraceuticals business Fluence Pharma for an enterprise valuation of around 135 crore INR ($14.2 million). The move marks Honasa Consumer’s entry into the vitamins and dietary supplements space. Under the terms of the deal, which will be executed through a secondary share purchase, the remaining 42% stake will be acquired in two …
Danone, the French dairy and drinks multinational, has entered into two definitive agreements to expand its presence in the Asia-Pacific (APAC) region. The company has agreed to fully acquire MADE Group, a fast-growing Australia-based nutrition company, and will also purchase the remaining 49% stake in its existing fresh dairy joint venture with Saputo Dairy Australia. Melbourne-based MADE Group specialises in health-focused food products, including high-protein ready-to-drink items, gut-health yoghurts and …
L’Oreal, the world’s leading beauty player, has signed an agreement to acquire a majority stake in Innovist, a digital-first personal care house of brands in India. Founded in 2019, Innovist is a science-led company behind skincare and hair care brands such as Bare Anatomy and Chemist at Play. Under the agreement, Innovist’s founding team will remain in place as minority shareholders to continue operating and scaling the business in collaboration …
Coca-Cola, the soft drinks multinational is introducing a “beanless” coffee substitute in Japan this September under its Georgia ready-to-drink label. The product, which will be named Cafe Water, represents the enterprise’s first product of its kind anywhere in the world and enters the market as a chilled, canned beverage. The launch addresses long-term agricultural sustainability challenges linked to climate change, with projections indicating that the global land area suitable for …
Itoham Yonekyu, the Japanese conglomerate, has entered into an agreement to purchase 100% of the shares in Greenlea Group via its subsidiary Anzco Foods, the Christchurch-based meat processor and exporter. Anzco Foods is already one of New Zealand’s largest beef and lamb exporters, with an annual turnover of $2.2 billion ($1.33 billion) and nearly 3,000 staff. The transaction includes Greenlea Premier Meats and Greenlea’s interest in the Waitoa Estate and …
Asahi, the Japanese food and beverage company, has announced a business alliance agreement with India-based non-alcohol beverage manufacturer Varun Beverages to introduce its Calpis brand into the Indian market. Starting in the second half of 2026 or thereafter, a ready-to-drink, non-alcohol and non-carbonated dairy-based product under the Calpis name will be launched in India with two flavour offerings: Original and Mango. The move marks the group’s first entry into India’s …
Mondelez, the confectionery giant, has made an A$8 million ($5.9 million) investment in new packaging technology in Australia at its Scoresby facility in Melbourne’s east. The investment marks the plant’s 50th year of operations and is part of a broader A$30 million ($22.3 million) commitment to the site since 2022. According to the company, the automated bagging line is capable of running 24 retail products, producing multipack and small bag …
Asahi, the beverage manufacturer, is to receive a new 48,500 sq m distribution facility developed by Goodman, the property group, at Redbank Motorway Estate in Queensland, Australia. The facility will support the company’s supply chain transformation by utilising advanced technology, including a high-speed shuttle system and robotics. According to the company, this will allow customers to receive its full range of alcohol and non-alcohol beverages via a single order, payment …
Cupid Breweries & Distilleries, the Indian business, has agreed to acquire an operational alcoholic beverage manufacturing unit in Gopalpur, Odisha, from United Spirits, the Indian arm of Diageo. The transaction is valued at 225 million INR ($2.4 million). Under the terms of the agreement, Cupid Breweries & Distilleries has already paid an advance of 10 million INR ($120,000), inclusive of applicable tax deducted at source (TDS). The acquisition comprises land, …
Haleon, the consumer health company, has announced plans to establish its first manufacturing facility in India. The state-of-the-art greenfield site will be located at Pithampur in Madhya Pradesh and is spread across more than 40 acres in the Smart Industrial Park. The total investment for the strategic oral health-focused facility is approximately 2,000 crore INR, equivalent to £175 million ($215 million). Designed on Haleon’s new global advance blueprint, the factory …
Coca-Cola, the US total beverage firm, has announced it is exploring a potential public listing in India for Hindustan Coca-Cola Holdings (HCCH). According to a company statement, the potential listing on the Bombay Stock Exchange and National Stock Exchange of India is targeted for 2027. The move will involve selling a portion of The Coca-Cola Company’s shareholding in HCCH, which is the parent company of Hindustan Coca-Cola Beverages(HCCB), its largest …
Safcol , the global seafood supplier, has broken ground on a new A$80 million ($53 million) purpose-built food manufacturing facility in Edinburgh, Adelaide. Lead contractor Sagle Constructions and the Safcol team officially broke ground on the new project on 2nd June 2026. According to Sagle Constructions, the site is 58,000 square metres and development will include 24,000 square metres of climate-controlled production and food processing areas, warehousing and offices. The …
Unilever, the UK-based consumer goods company, is opening a new fragrance hub in Mumbai, India, to strengthen its global network of fragrance innovation capabilities across key growth markets. The new 200 sq m facility, known as the Unilever Fragrance House (UFH) hub, is located at the Indian Institute of Technology (IIT) Powai. The centre features fully integrated fragrance creation, application and evaluation spaces, which combine proprietary creation software, advanced compounding …
Endeavour Group, the Australian retail drinks and hospitality business, has announced a strategic transformation of its Pinnacle Drinks business. The asset-light, customer-led restructuring will refocus the portfolio on brands and regions that generate the strongest returns. As part of the strategy, the company will cut its own grape production by more than 80%, resulting in approximately 99% flexible sourcing of purchased bulk wine and grapes from the viticulture market. Endeavour …
George Weston Foods, the food manufacturing subsidiary of Associated British Foods (ABF), has acquired the bagel manufacturer Abe’s Bagels for an undisclosed sum. The strategic transaction transfers ownership of the brand and its St Johns bakery in East Auckland to George Weston Foods, expanding a bakery stable that already includes Tip Top Bakery, Ploughmans, Abbotts Bakery and Golden Crumpets. Prior to the sale, Abe’s Bagels was jointly owned by private …
Amul, India’s leading dairy giant operating under the Gujarat Cooperative Milk Marketing Federation (GCMMF), has announced plans to rapidly transform its business model to further entrench its position across rural and suburban parts of the country Amul is targeting deeper penetration into smaller markets, aiming to reach pin codes with populations as low as 5,000 to strengthen its presence in rural and semi-urban India. The move comes as the …
Arla Foods, the global dairy cooperative, has announced the acquisition of Australian family-owned cottage cheese producer Brancourts to expand its local production capacity. The transaction, which is expected to close within the coming weeks, will be executed through Arla Foods Mayer Australia (AFMA), Arla’s joint venture with Australian specialty food distributor Mayers Fine Food. Financial terms of the deal were not disclosed. The acquisition provides Arla with an established manufacturing …
Heritage Foods, the India-based dairy company, has officially announced the inauguration of a new greenfield ice cream manufacturing plant in Shamirpet, near Hyderabad, Telangana. The new facility represents a significant expansion for the company’s value-added dairy portfolio. According to reports from Indian Retailer and Devdiscourse, the newly launched plant has an installed annual production capacity of 24 million litres, with modern infrastructure prepared to support future capacity scaling as market …
PepsiCo, the US food and soft drinks giant, has committed to investing 5,700 crore INR ($683 million) in India by 2030 to expand its manufacturing capacity. According to a report in Business World, the capital injection will be deployed over the next five years to meet growing consumer demand. The investment plan is aimed at scaling up the company’s supply chain infrastructure, boosting production capabilities, and strengthening its footprint in …
Mars, the global confectionery and pet care giant, has announced plans to invest A$200 million ($132 million) in its Australian manufacturing operations by the end of 2027. The investment is intended to expand production capacity, fuel innovation, and support the company’s renewable energy ambitions across its six regional factories. According to a company press release, the funding follows more than A$450 million ($297 million) spent over the last five years …
Wingreens, the Indian packaged food and beverage company, has acquired domestic organic food brand Safe Harvest in an all-stock share-swap deal. Alongside the acquisition, Wingreens has raised 120 crore INR ($14.4 million) in a Series D funding round led by investor Ashish Kacholia, with participation from Alchemy Fund. The company stated that the capital will be used to fuel new product launches, strengthen its distribution and supply chain, and deepen …
The Magnum Ice Cream Company (TMICC), the standalone ice cream business formed following its separation from Unilever, is planning to expand its manufacturing footprint in India with the addition of four new factories. The move represents a strategic focus on premium growth and a shift towards dairy-led products within the Indian market. Alongside the manufacturing scale-up, TMICC has introduced a new Caramel Pop flavour variant to Indian consumers. According to …
Emami, the Indian personal care and FMCG specialist, has entered into an agreement to acquire a 60% majority stake in Incnut Digital, a digital-first beauty and wellness company, for 321 crore INR ($38.4 million). The transaction is structured in two tranches, with Emami initially acquiring a 45.4% stake for 242.9 crore INR ($29.1 million), before increasing its total holding to 60% by October 2026. Incnut Digital is the parent firm …
Elitecon International, the Indian fast-moving consumer goods (FMCG) company, has announced plans to invest 700 crore INR ($84 million) over the next five years to scale its operations. The capital expenditure is a core pillar of the firm’s “Vision 2030” strategy, which aims to increase annual revenue from its current 150 crore INR ($18 million) to 20,000 crore INR ($2.4 billion) by the 2029-30 financial year. The investment will facilitate …
Dodla Dairy, the Indian dairy processing company, is set to establish a new manufacturing unit in Bihar through its wholly owned subsidiary, HR Food Processing Pvt Limited. The company has been allotted 311,333 sq ft (7.15 acres) of land by the Bihar Industrial Area Development Authority (BIADA) on a 90-year lease. Located in the Dumaria industrial area of the Motipur cluster, the new processing facility is intended to produce a …
Cravicious Foods, the Indian frozen food manufacturer, has announced the launch of a new production facility in Greater Noida to bolster its presence in the retail and foodservice sectors. The new plant provides 125 metric tonnes of production capacity, supplementing the firm’s existing 300 metric tonne monthly capacity. Equipped with freezing technology, the facility is designed to improve supply capabilities across various distribution channels, including quick commerce and direct-to-consumer (D2C). Ekansh Garg, …
Emami, the Indian personal care and healthcare group, is to acquire the remaining 73.5% stake in Axiom Ayurveda in a deal valued at up to 2 billion INR ($24.1 million). Axiom Ayurveda, the Indian health and wellness company, is the manufacturer of the AloFrut brand, which specialises in aloe vera-based fruit juices. According to reports in the Economic Times, the acquisition includes Axiom’s manufacturing facility in Ambala, Haryana. The company …
Pure Foods Tasmania, the Australian food and beverage producer, has entered a binding agreement to acquire Sydney-based seafood brand Brilliant Food Australia. The all-share transaction is valued at A$300,000 ($207,000), to be satisfied through the issuance of 7.5 million shares at A$0.04 ($0.027) each. Additionally, the vendor has agreed to subscribe for a further A$200,000 ($138,000) of Pure Foods Tasmania shares at a price of A$0.03 ($0.02) per share. According …
Wipro Consumer Care & Lighting, the Indian consumer goods manufacturer, has launched the Brahmins Xpress Mix breakfast range, marking a further expansion into the traditional foods category. The new line features 8 ready-to-cook versions of popular Indian staples, including Rice Idli, Ragi Dosa, Upma and Poha. According to Food & Beverages Processing, the range is designed to cater to the growing demand for convenient meal solutions that can be prepared …
Nestle India, the Indian subsidiary of the Swiss food and drink giant, has announced an investment of 225 crore INR ($26.9 million) to add a new production line for its Munch chocolate brand at its Sanand factory in Gujarat. The expansion is expected to add approximately 8,300 tonnes of annual production capacity and is slated for completion during the 2025-26 financial year. According to a regulatory filing, the project will …
Hindustan Foods Limited (HFL) has signed a business transfer agreement to acquire the manufacturing undertaking of Ultra Beauty Care. The transaction, executed on 23rd March, is being conducted on a slump sale basis. The acquisition is valued at 19.9 crore INR ($2.4 million) and involves a facility in Aurangabad dedicated to the manufacturing of ayurvedic and herbal products, as well as items in the beauty and personal care (BPC) category. …
Heritage Foods, the India-based dairy and retail company, has inaugurated a new state-of-the-art ice cream manufacturing plant in Shamirpet, near Hyderabad. The new facility represents a significant expansion for the company’s value-added dairy portfolio. The plant has an installed production capacity of 24 million litres per annum, with provisions to scale up in line with future demand. The project involved a capital investment of 204 crore INR ($24.5 million). The …
Patanjali Foods, the Indian FMCG and edible oils company, has entered into strategic agreements worth approximately 750 crore INR ($80 million) to acquire manufacturing assets from its promoter group company Patanjali Ayurved Limited (PAL). Under the terms of the agreements approved on 14th March, the company will acquire leasehold rights to over 400,000 sq m of land and partially constructed buildings, along with a biscuit manufacturing plant and machinery . …
Kati Patang, the Indian craft beer company, has announced the acquisition of the premium wine and spirits company Agnetta International for R$3.5 crore ($420,000). The Agnetta International brand range includes both new and old world wines, including still and sparking options, as well as a range of spirits such as tequila, Scotch whiskey, Russian vodka and rum. It has a distribution network extending throughout India. Commenting on the acquisition, Shantanu …
Reliance Retail, the retail arm of Indian conglomerate Reliance Industries, has acquired a majority stake in Pahadi Local, a premium beauty and wellness brand. The acquisition was carried out through Reliance Retail Ventures Limited’s subsidiary, Reliance Beauty & Personal Care Limited. Founded in 2016 by Jessica Jayne, Pahadi Local specialises in natural skincare and wellness products sourced from the Himalayan region. The brand’s portfolio includes items made from ingredients such …
Fazer, the Finnish food and confectionery giant, has signed a Memorandum of Understanding (MoU) with Reliance Consumer Products Ltd (RCPL) to explore a strategic partnership focused on the Indian market. RCPL is the fast-moving consumer goods (FMCG) arm of Reliance Retail Ventures Limited, India’s largest retailer. The proposed collaboration aims to leverage Fazer’s heritage in chocolate and confectionery, alongside RCPL’s extensive distribution network and local market expertise. Through the partnership, …
Tip Top Bakeries, the Australian bread manufacturer, has officially opened a new A$130 million ($85 million) state-of-the-art production line at its Canning Vale facility in Western Australia. The investment has effectively doubled the site’s fresh bread production capacity, with the new line capable of producing 8,350 loaves per hour. According to the company, the upgrade will increase overall output from 44 million to 56 million loaves per year to meet …
West Assam Milk Producers’ Co-operative Union (WAMUL), known for its Purabi Dairy brand, has officially entered the Barak Valley region of Assam with the inauguration of a renovated milk processing plant in Silchar. Located at Gungoor, the facility represents the first major foray of organised cooperative dairying into the southern part of the state. The plant was refurbished and upgraded in less than 10 months by IDMC Ltd, a subsidiary …
SPC, the Australian fruit and vegetable processing firm, has announced it will close its juice manufacturing facility in Shepparton, Victoria, as part of a broader strategic overhaul of its operations. The closure, scheduled for later this year, follows a review aimed at consolidating manufacturing to improve efficiency and competitiveness. Production currently handled at the site will be integrated into SPC’s other facilities in the region. While the company has not …
Dabur, the Indian consumer goods giant, has announced plans to establish a new manufacturing facility in the state of Tamil Nadu with an investment of 400 crore INR ($48 million). The new plant, to be located in the SIPCOT industrial park in Tindivanam, represents the company’s first manufacturing presence in South India. The facility will primarily focus on the production of a diverse range of products, including Red Toothpaste, Odonil …
Brownes Dairy, Western Australia’s oldest dairy company, has announced its expansion into the meal replacement sector with the launch of its new brand, Full+. The new product is described as a milk-based liquid meal designed to bridge the gap between thin protein supplements and processed convenience meals. Unlike traditional shelf-stable (UHT) shakes, Full+ is a chilled product containing 35g of protein, 18 essential vitamins and minerals, and more than 5g …
Hindustan Unilever (HUL), the Indian FMCG giant, has announced plans to invest 20 billion INR ($239 million) over the next two years to enhance its manufacturing capabilities. The investment is primarily aimed at expanding production capacity for the company’s home care and personal care categories. HUL, which is the Indian subsidiary of the British multinational Unilever, currently operates 28 manufacturing facilities across India. The new capital expenditure will be utilised …
General Mills, the US-based food company, has inaugurated a new manufacturing facility in Nashik, Maharashtra, to expand production capacity for its Pillsbury brand. The investment of approximately 100 crore INR ($12 million) marks the company’s second plant in the region and is intended to double its local manufacturing footprint. The facility incorporates advanced manufacturing technologies designed to improve supply chain efficiencies and reduce lead times. According to the company, the …
Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods arm of Reliance Industries, has acquired the Chennai-based health food manufacturer Southern Health Foods for 156.4 crore INR ($17.2 million). Effective from 9th February, Southern Health Foods became a wholly owned subsidiary of RCPL following the acquisition of a 100% equity stake. Best known for its flagship brand Manna, the company has operated for over two decades, specialising in health-focused products …
Kirin , the Japanese beverage giant, has reached an agreement to sell its Four Roses Distillery business to US-based winemaker E&J Gallo for a total consideration of up to $775 million. The transaction, which is expected to close in the second quarter of 2026, marks Kirin’s exit from the American bourbon category after 24 years of ownership. According to the company, the divestment follows a review of its business portfolio …
Marico, the Indian consumer goods giant, has announced it is to acquire a 60% stake in Cosmix Wellness, a digital-first functional wellness brand. The deal, valued at 226 crore INR ($25 million), implies an equity valuation of approximately 375 crore INR ($41.5 million) for the Bengaluru-based firm. Founded in 2019 by Vibha Harish and Soorya Jagadish, Cosmix offers a range of plant-based protein powders, fermented yeast protein powders and functional …
Marico, the Indian FMCG giant best known for its Saffola and Parachute brands, has entered into a definitive agreement to acquire a majority stake in Zea Maize Pvt Ltd, the owner of the snacking brand 4700BC. The transaction will see Marico purchase a 53.48% stake in the company for an aggregate consideration of 226.8 crore INR ($26.9 million). As part of the deal, PVR INOX, the cinema exhibition chain which …
Milky Mist, the Indian dairy products manufacturer, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to establish a new processing facility in the state with an investment of 1,130 crore INR ($134 million). The agreement, formalised at the World Economic Forum in Davos, will see the company construct a large-scale plant on a 48-acre site allotted by the Maharashtra Industrial Development Corporation (MIDC). The new unit …
L’Oreal, the French cosmetics giant, has announced plans to establish a new “beauty tech hub” in Hyderabad, India, with an initial investment of over $383 million. The new facility, described as the company’s first global beauty tech innovation hub powered by artificial intelligence, is scheduled to open in November 2026. According to the company, the centre will serve as a key node in its global technology network, focusing on the …
Lactalis, the French dairy giant, has announced plans to shutter its manufacturing facility in South Brisbane, Australia, impacting approximately 202 employees. The historic site, which produces brands including Pauls, Ice Break, and Vaalia, is scheduled to cease operations in July. According to the company, production volumes will be transferred to its facility in Nambour on the Sunshine Coast, as well as to other sites across its Australian network. The decision …
Reliance Consumer Products (RCPL), the FMCG subsidiary of Reliance Industries, has acquired the global rights to a portfolio of heritage personal care brands, including Brylcreem, Toni & Guy, Badedas, and Matey, from global peer Unilever. The acquisition, disclosed alongside the company’s quarterly results, grants Reliance ownership of the brands worldwide, with “a few territories excluded”. While financial terms were not disclosed, the deal signals a major expansion for Reliance into …
Allied Blenders & Distillers (ABD), the Indian spirits manufacturer best known for its Officer’s Choice whisky, has approved the acquisition of production assets from National Industrial Corporation (NICOL) in a deal valued at up to 110 crore ($12.1 million). The transaction, cleared by the company’s board on 16th January, involves the purchase of land, buildings, plant, machinery and licences at a non-operational facility in Moradabad, Uttar Pradesh. The total investment …
Reliance Consumer Products Limited (RCPL), the FMCG arm of the Indian conglomerate Reliance Industries, has reached an agreement to acquire a controlling 75% stake in Goodness Group Global, the Australian parent company of functional drinks brand Nexba. The deal is valued at approximately A$25.4 million ($16.6 million), according to documents shared with the company’s crowdfunding shareholders. The investment marks a significant milestone for Goodness Group Global as it seeks to …
Unilever Indonesia, the local arm of the British consumer goods giant, has reached an agreement to sell its tea business to PT Savoria Kreasi Rasa, a subsidiary of the Indonesian conglomerate Djarum Group. The deal, valued at 1.5 trillion IDR ($89.4 million), includes the divestment of the SariWangi brand, which Unilever originally acquired in 1989. SariWangi is a leading brand in the country’s tea-bag segment and is credited with popularising …
Gabit, the Indian health technology and longevity startup, has expanded its wellness ecosystem into the nutrition sector through the acquisition of Swedish brand Nack for an undisclosed sum. The deal allows Gurugram-based Gabit, which is best known for its titanium smart ring that monitors more than 150 health markers, to integrate Nack’s science-led supplement portfolio into its existing “full-stack” platform. By adding Nack’s clean-label products, which include multivitamins and plant-based …
Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods arm of Reliance Industries, has acquired a majority stake in the Tamil Nadu-based food firm Udhaiyam. Operating under its namesake brand, the Chennai-based company has a history spanning over three decades and is estimated to be a 6.68 billion INR ($80 million) business. Its portfolio includes a wide range of staples such as pulses, rice, spices and flour, as well as …
The latest innovation insight from Gama Compass MANCHESTER – 30th December 2025: The convergence of functional hydration and high-end confectionery trends is redefining the beverage landscape, illustrating how ‘permissible indulgence’ is becoming a primary driver for health-conscious consumers. In this month’s Innovation Insight, we examine a limited-edition collaboration that introduces gourmet complexity to the plant-based hydration category – Raw C Pistachio Papi Coconut Water. Read this Innovation Insight in the next issue …
Asahi, the Japanese beverage giant, has agreed to acquire a controlling stake in East African Breweries (EABL) from the UK-based spirits firm Diageo in a deal valued at $2.3 billion. Under the terms of the agreement, Asahi will acquire Diageo Kenya Ltd, which holds a 65% shareholding in EABL, alongside a 53.68% direct stake in the Kenyan spirits producer and importer UDVK. The transaction values EABL at an implied enterprise …
Honasa Consumer, the Indian personal care firm and parent company of brands such as Mamaearth and The Derma Co, has acquired the assets of CosmoGenesis Labs for 40 million INR ($479,000). Thane-based CosmoGenesis Labs is a specialist in cosmetic formulation and development, having supported over 5,000 personal care formulations for businesses in India. The acquisition includes the company’s formulation expertise, research and development (R&D) laboratory, and a small-scale manufacturing facility. …
Godrej, the Indian multi-business conglomerate, has signed a Memorandum of Understanding with the government of Telangana to invest 10,000 crore INR ($1.19 billion) in the state over the next few years. The investment will be distributed across several of the group’s key business units. Godrej Agrovet, the company’s agribusiness arm, plans to establish an integrated oil palm complex including a processing plant and a refinery. Additionally, the group’s dairy division, …
Japan Tobacco International (JTI), the global tobacco company, has announced plans to construct a new state-of-the-art factory in Stefanestii de Jos, Ilfov County, Romania, to replace its current manufacturing site in Bucharest, which the company claimed has reached its spatial limits. Construction work on the new facility is scheduled to begin in the coming weeks, with completion expected in 2027. JTI’s existing Romanian factory is one of the company’s key …
Sydney-based Tempo Group has acquired the intellectual property and brand portfolio of Spring Gully Foods – including the Spring Gully, Gardener, Leabrook Farms and Ozemite labels – after the South Australian condiment maker entered voluntary administration in October. Spring Gully Foods, founded in 1946 and known for jams, sauces, pickles and relishes, ceased trading in October with reported debts of around A$3.8 million ($2.5 million). Tempo declined to disclose financial …
Woolworths, the Australian grocery retailer, has officially opened two state-of-the-art distribution centres in Western Sydney via a A$1.3 billion ($830 million) investment, the largest single-site investment in the company’s history. The new Moorebank Logistics Precinct comprises a regional distribution centre (RDC) alongside a national distribution centre (NDC), together covering 75,000 sq m of warehousing. The facilities are designed to handle over 5 million cartons per week, supplying more than 1,000 …
Pure Foods Tasmania (PFT) has announced that it has completed the acquisition of Australian ice cream and gelato brand Elato Ice Cream (Elato), strengthening its frozen desserts portfolio. As part of the acquisition, PFT will take ownership of all Elato Ice Cream intellectual property and brand assets, including recipes, formulations and distribution agreements, with plans to establish a dedicated ice cream division. This division will bring together Elato Ice Cream …
Marks & Spencer (M&S), the British multinational retailer, has entered the Australian grocery market through a new wholesale partnership with Coles, one of the country’s largest supermarket chains. From 19th November, Coles stores nationwide will stock M&S items such as Percy Pig and Colin the Caterpillar confectionery, shortbread and luxury tea. While the initial launch focuses on core staples and seasonal items, the company confirmed that the range is set …
Varun Beverages, PepsiCo’s bottling partner in India, has announced it has entered into an exclusive distribution agreement with Carlsberg for the distribution of alcoholic beverages in Africa, and to this end will establish a wholly owned subsidiary in Kenya. In a statement, Varun Beverages said: “We are incorporating a wholly-owned subsidiary in Kenya under Varun Beverages Limited to carry on the business of manufacturing, distribution and selling of beverages”. “In …
Heritage Foods, the Indian dairy firm, has announced the acquisition of a 51% stake in Get-A-Way ice cream maker Peanutbutter and Jelly Pvt Ltd from Sky Gate Hospitality for 9 crore INR ($1 million). Established in 2018, Get-A-Way makes high-protein, no-added-sugar ice creams and desserts, using whey protein and natural sugar substitutes to appeal to health-conscious buyers in India’s premium dessert category. Commenting on the move, Heritage Foods executive director …
Coca-Cola’s three Indian bottling partners have announced plans to invest 25,760 crore INR ($2.96 billion) in a new food processing venture, according to limited reports in the Business Standard. The investment commitment has been made by SLMG Beverages, Hindustan Coca-Cola Beverages (Coca-Cola’s wholly owned bottling subsidiary), and the Kandhari Group of Companies, covering the states of Uttar Pradesh, Bihar, Andhra Pradesh, Telangana, Karnataka, Gujarat, Punjab, Rajasthan and Jammu. SLMG Beverages, …
GCMMF, India’s biggest dairy cooperative, trading as Amul, has announced plans to invest 10,000 crore INR ($1.2 billion) in food processing over the next two to three years. The planned investment will add up to 12 new manufacturing units, expanding production capacity in dairy, ice cream and other food products. This expansion is intended to help the company achieve a turnover milestone of INR 1 lakh crore ($11 billion) over …
SLMG Beverages, a subsidiary of Ladhani Group and the largest independent bottler of Coca-Cola in India, has announced plans to invest $1 billion over six years to expand in Uttar Pradesh, Bihar and Uttarakhand. The company will invest around $150 million each year to expand manufacturing capacity, upgrade warehousing, enlarge its logistics fleet, and supplying more coolers and refrigerators. Commenting on the move, SLMG Beverages joint managing director Paritosh Ladhani said: …
Reliance Consumer Products (RCPL), the FMCG arm of Indian retail major Reliance Retail Ventures, has announced plans to invest 1,156 crore INR ($127 million) to set up an integrated manufacturing facility in Tamil Nadu. With the investment, a 60-acre facility will be established at SIPCOT’s Allikulam Industrial Park to produce packaged snacks, biscuits, spices and wheat flour, creating roughly 2,000 jobs over the next five years. This investment is part …
Leading Indian FMCG firm Marico has announced that it has entered into a definitive agreement to acquire the remaining shares of HW Wellness Solutions, which owns the True Elements brand, for up to 138 crore ($15.18 million). Founded in 2013, HW Wellness has reportedly become a leading digital-first business in the breakfast and snack foods space, following Marico’s 53.98% stake acquisition in 2022. The True Elements range includes products such as …
Usha Shriram, an Indian company primarily known for its household hardware and appliances, has announced its entry into the FMCG sector through the launch of bottled drinking water brand Aquaero. The company intends to use the brand as a launchpad for a wider product portfolio including atta, maida and besan flours, pulses, spices, oil and ghee under the Usha Shriram brand. For Aquaero, Usha Shriram has earmarked approximately INR 30 crore …
Star Localmart, the retail venture of the Sanjay Ghodawat Group (SGG), has announced the acquisition of DusMinute, a grocery retail chain based in the Indian city of Bengalaru, for an undisclosed sum. Founded in 2020, Star Localmart manages over 130 outlets across 50 towns in Western Maharashtra and Northern Karnataka, offering around 3,000 product lines. DusMinute operates directly within residential complexes, designed to deliver everyday essentials straight to residents. Commenting on the move, …
Zydus Wellness, the Indian nutrition and skincare firm, has announced that its wholly-owned subsidiary, Alidac UK, has entered into a definitive agreement to acquire UK-based supplement firm Comfort Click (CCL) and its three international subsidiaries located in Ireland, the USA and India. This transaction marks Zydus Wellness’s first international acquisition, and its first foray into the supplements space. The CCL portfolio includes the WeightWorld brand of vitamins, minerals, probiotics and sports nutrition, …
Reliance Consumer Products (RCPL), the FMCG arm of Reliance Retail, has acquired a majority stake in a joint venture with Naturedge Beverages to expand its portfolio with healthier drinks, including herbal natural beverages. Founded in 2018, Naturedge Beverages is described as blending Indian ayurveda with modern drink choices. Its flagship Shunya branded product is a functional, herb-infused beverage with no sugar or calories, featuring kokum, brahmi, khus, ashwagandha and green …
Century Pacific, a seafood processor, has announced the acquisition of Atlantic Natural Foods, a plant-based foods company that had filed for bankruptcy protection in April. The deal is for all of Atlantic Natural Foods’ assets, including the Loma Linda ready meal range, Tuno alternative tuna brand, Neat plant-based egg substitute and Kaffree Roma caffeine-free beverages, as well as related manufacturing facilities, licences and inventory, and is valued at under $10 million. …
V2Food, a Australian plant-based food company, has announced the acquisition of Daring Foods, a USA-based plant-based chicken start-up, alongside a strategic partnership with Japanese food giant Ajinomoto. Founded in 2018, Daring Foods established its headquarters in the USA in 2020, offering plain, flavoured, and breaded plant-based chicken such as pieces, wings, patties and ready meals. Commenting on the move, V2Food CEO Tim York said: “For several years, V2Food has been …
Walko Food Company, an Indian ice cream and dessert business, has announced the acquisition of domestic peer Meemee’s Ice Creams to extend its reach in urban markets and the direct-to-consumer (D2C) channel. Founded in 2012, Walko Food Company owns a portfolio of brands including NIC, GrameenKulfi, Café Chokolade, Mimo and Cream Pot, known for their premium ice creams, kulfis, frozen desserts, and thick shakes. Commenting on the move, Walko Food …
Diageo India (USL), a subsidiary of Diageo operating in India, has announced the acquisition of a majority stake in Nao Spirits, an Indian craft distiller, for 130 crore INR ($15.2 million). Founded in 2017, Nao Spirits makes premium Indian spirits using native botanicals. Its range includes Greater Than, India’s first craft gin, and Hapusa, made with Himalayan juniper. In 2024, it launched the spiced aged rum PIPA in India and …
Reliance Consumer Products (RCPL), the FMCG arm of Indian retail major Reliance Retail Ventures, has announced plans to invest 8,000 crore INR ($923 million) over the next 15 months to expand its beverage manufacturing capacity. The Economic Times reports that the investment will fund the development of 10 to 12 greenfield and co-packing plants across India. Launched in 2022, RCPL’s beverage portfolio includes Campa Cola, Orange and Lemon, Sosyo, Sun …
Treasury Wine Estates (TWE), the Australian wine giant, has announced that it has opened a new A$15 million ($9.8 million) facility in South Australia’s Barossa Valley to produce low- and no-alcohol wines. This new site combines dealcoholisation technology with patent-pending innovations designed to treat the wine’s aroma components. The facility will produce low- and no-alcohol wines for brands like Squealing Pig and Pepperjack, complementing existing lines from 19 Crimes, Matua, Wolf …
CJ Foods, the leading South Korean food firm, has announced plans to invest KRW 100 billion ($73 million) to build a new production facility for mandu dumplings in Chiba prefecture, Japan. The new factory will span 42,000 sq m in Kazusa Akademia Park and will include 8,200 sq mt of floorspace dedicated to advanced production operations. CJ Foods plans to produce its signature Bibigo mandu at the site to strengthen its foothold …
Australian winery Australian Vintage has announced that the company entered a strategic partnership with Burch Family Wines to acquire international ownership of the brand MadFish, a wine brand from Western Australia. In a press release, the company said it would become the exclusive distributor of Howard Park Wines in the UK, Ireland, Europe and Canada, whilst Burch Family Wines will be the owner of brand rights and distribute MadFish and Howard …
Nutifood, a Vietnamese dairy firm, has partnered with its Australian peer ViPlus Dairy to form the international joint venture ViPlus Nutritional Australia and associated dairy brand GippsNature. The brand will blend the natural resources of Australia’s Gippsland region with scientifically validated nutrition, to support health and growth across all life stages, the two companies said. Commenting on the move Nutifood vice president Tran Bao Minh said: “The upcoming GippsNature brand …
Rasna, a manufacturer of instant beverages, has announced the acquisition of soft drinks brand Jumpin to expand into India’s growing ready-to-drink (RTD) market. Launched by Godrej as India’s first drink in Tetra Pak cartons, and later acquired by Hershey, Jumpin was known for its non-carbonated beverages. It was withdrawn during the Covid-19 pandemic, after reaching annual revenues of almost 150 crore INR ($18 million). Commenting on the move, Rasna group chairman Piruz …
Iceland Foods, the specialist UK frozen food retailer, has announced plans to open its first store in China in partnership with BTG We Link. BTG We Link is a retail concept company that brings Western cuisine to the Chinese retail market. The partnership will allow customers in China to purchase Iceland Foods products via e-commerce platforms, as well as from a first store under the Iceland Lab banner which will …
Bega, the Australian dairy firm, has announced plans to consolidate its Strathmerton cheese processing and packaging operations into its existing site at its Ridge Street facility in Bega. As a result of the changes, Bega expects A$30 million ($19.4 million) in annual savings from consolidation. It will also invest A$50 million ($32.4 million) in the Ridge Street facility to modernise cheese production and enhance capabilities. Commenting on the move, Bega Group …
Pernod Ricard, the wine and spirits major, has announces the successful divestment of strategic international wine brands to Australian Wine Holdco Limited (AWL), a consortium of global institutional investors and the owner of Accolade Wines. The divestment paves the way for the creation of a new global wine company under the name Vinarchy, and will also allows Pernod Ricard to focus on its premium international spirits and champagne brands. The transaction encompasses a …
Kandhari Global Beverages has received approval from the Competition Commission of India (CCI) to acquire a Coca-Cola bottling facility in northern Gujarat for 2,000 crore INR ($240 million). According to reports, the transaction supports Coca-Cola’s long-term goal of minimising its direct bottling footprint by placing regulatory compliance in the hands of Indian businesses and bottling partners. Kandhari Global Beverages is described as an authorised bottler of Coca-Cola and Schweppes Holdings, …
Reliance Consumer Products, the FMCG arm of Indian retail major Reliance Retail Ventures, has announced plans to invest 1,000 crore INR ($117 million ) to set up a new bottling plant in Begusarai, in India’s Bihar state. The upcoming facility, covering 35 acres and developed by Campa Cola manufacturer and distributor EPIC Agro Product Ltd, is expected to serve as a central node for expanding bottling and logistics capabilities in …
ITC, the Indian conglomerate, has announced that it has entered into a share purchase agreement to acquire 100% of the shares of Sresta Natural Bioproducts (SNBPL), the company behind organic food and drink brand 24 Mantra Organic, for 472.5 crore INR ($56.7 million). SNBPL offers over 200 products from staples to juices and ready-to-cook foods, ITC said in a statement, adding that the company’s vertically integrated supply chain promotes sustainable livelihoods …
Godrej, one of India’s leading home and personal care companies, has announced its first foray into pet food with the launch of the Godrej Ninja brand. Backed by a 500 crore INR ($60 million) investment over five years, Godrej Ninja is a dry dog food developed at the Nadir Godrej Centre, featuring probiotics, prebiotics and polyphenols for gut and immune health. Commenting on the launch, Godrej Pet Care chief executive officer Robert Menzies …
The Indian arm of Swiss consumer goods giant Nestle has announced that it has laid the foundation stone for a new factory in Odisha, with an investment of 900 crore INR ($108 million). This new facility, Nestle India’s tenth in the country, will focus on producing food items such as ready-to-eat meals and culinary aids. Commenting on the move, Nestle India chairman and managing director Suresh Narayanan said: “With a steadfast adherence …
Leading food multinational Mars Wrigley has announced an investment of A$6.5 million ($4.2 million) to increase production capacity for gums and mints at its factory in Asquith, Australia. According to sources, the investment includes a new production line and a circular-by-design packaging technology that is able to remove 13 tonnes of soft plastic per year. Production capacity Mars Wrigley Australia plant manager Daniel Firth said: “This investment provides significant additional capacity to …
Nestle, the food and drink multinational, and South Korean food group Lotte Wellfood have agreed to end their Lotte-Nestle Korea joint venture by the first quarter of 2026. Initiated in June 2014, the Lotte-Nestle Korea partnership operates as a 50-50 joint venture, manufacturing and distributing Nescafe instant coffee, chocolate powder drinks, fruit powder drinks, pet food and culinary products across South Korea. Commenting on the move, Nestle Korea CEO Thomas …
Meiji, the diversified Japanese food business, has announced the launch of Meiji W Skin Care Yogurt, a new dairy yoghurt that has been formulated to protect the skin from UV radiation, as well to maintain hydration and relieve skin dryness. According to Meiji, Meiji W Skin Care Yogurt combines SC-2 lactic acid bacteria (L. bulgaricus OLL1247 strain and S. thermophilus 3078 strain), collagen peptides, and sphingomyelin in a proprietary formula. Catering …
Australian importer and manufacturer Entyce Food Ingredients has announced the acquisition of Naked Rivals, an Australian startup that produces “innovative and sustainable” citrus juice products. In a press release, Entyce Food Ingredients said Naked Rivals produces freshly squeezed lemon and lime juice, free from pits, peel and preservatives, sold in trays of “cubes” that are each said to contain the juice equivalent of half a lemon or lime. The brand is focused on …
SLMG Beverages, a subsidiary of Ladhani Group and the largest independent bottler of Coca-Cola in India, has announced plans to invest INR 8,000 crore ($919.6 million) to set up new bottling plants and expand existing facilities. As part of its expansion strategy, SLMG Beverages is investing 1,200 crore INR ($137.9 million) in a new plant in Buxar, in the state of Bihar, alongside a second bottling facility in the same …
Leading investment firm KKR has announced the sale of Japanese supermarket chain Seiyu to retail firm Trial Holding for ¥380 billion ($2.54 billion). Trial Holding is a distribution and retail business on the island of Kyushu with a network of stores offering “everyday essentials”. In 2021, KKR acquired a 65% majority stake in Seiyu from Walmart, followed by a 20% stake from Rakuten in 2023. As part of the deal, Walmart …
India-based food firm Adani Wilmar has announced the acquisition of sauces and pickle maker GD Foods to expand its category footprint. Founded in 1984, GD Foods is a leader in tomato ketchup, sauces, jams, pickles, noodles, instant mixes, cereals, and essential cooking ingredients under the Tops brand. The brand operates in seven northern Indian states, supplying its products to more than 150,000 retail outlets. Commenting on the move, Adani Wilmar MD …
Denmark-based meat processor Danish Crown has announced the closure of its operations in Pinghu, near Shanghai in China. Danish Crown opened the factory in 2019 as part of the company’s expansion into China. However, after a strategic review, it has determined the facility has not met profitability expectations. Commenting on the move, Danish Crown Group CFO Anders Aakær Jensen said: “It is clear to us that the operations in Pinghu …
The West Assam Milk Producers’ Co-operative Union Ltd (WAMUL), trading as Purabi Dairy, has signed a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB) to double its production capacity. Described as the leading dairy brand in North East India, Purabi has a facility in Panjabari, Guwahati that processes 60,000 litres of milk daily in order to produce FSSAI-approved dairy products. As a result of the partnership, fermented milk …
FMCG giant Colgate-Palmolive has announced it has acquired Care TopCo, the owner of the Prime100 pet food brand, from private equity fund Quadrant PE for A$500 million ($317.5 million). Founded in 2014 in Melbourne, Prime100 offers both refrigerated and shelf‐stable products to pet speciality and other retailers across Australia, focusing on science‐based product lines and veterinary endorsement. Post acquisition, it will form part of Colgate-Palmolive’s Hill’s Pet Nutrition division. Commenting on the move, Colgate-Palmolive …
Suntory Spirits, the alcoholic unit of Suntory Group, has announced an investment of ¥6.5 billion yen ($42.8 million) in its production facility in Osaka, Japan. The spirits and liqueurs facility, where The Japanese Gin Roku is made, will expand production capacity to cater to rising demand, the company said in a statement. Most of the total investment is earmarked for the construction of the Osaka Spirits & Liqueurs Craft Distillery within …
The Indian arm of global beer giant Carlsberg has announced plans to invest 350 crore ($42 million) in its Mysuru brewery in Karnataka state. The allocated investment will be used to strengthen production capabilities by installing new can, glass bottle and keg lines. Commenting on the move, Carlsberg India managing director Nilesh Patel said: “Karnataka is a key market for Carlsberg India, and this expansion underscores our long-term commitment to …
Reliance Consumer Products, the FMCG arm of Indian retail major Reliance Retail Ventures, has announced the acquisition of personal care brand Velvette. Founded in 1980 as a brand of Sujatha Biotech, the Velvette brand is described as being the first to introduce PVC shampoo sachets. The brand’s manufacturing unit is in Kashipur, Uttarakhand. Commenting on the move, RCPL COO Ketan Mody said: “We are thrilled to welcome Velvette into the Reliance family. …
Bajaj Consumer Care, a leading Indian hair care manufacturer, has announced the acquisition of Vishal Personal Care, which operates under the Banjara’s hair and skincare brand, for 108.3 crore INR ($13 million). Founded in 1991 in Hyderabad, Banjara is known for its natural solutions with a product portfolio that includes facial kits, herbal powders, and shampoos and a retail presence in 70,000 cosmetics stores, supermarkets, pharmacies and other grocery chains across five …
GCMMF, India’s biggest dairy cooperative, has announced plans to build the world’s largest curd manufacturing plant in Kolkata with an investment of 600 crore INR ($66 million). GCMMF, which sells dairy products under the Amul brand, is the world’s biggest farmer-owned dairy cooperative, with 3.6 million farmers in 18,600 Gujarat villages. It collects 30 million litres of milk daily through 18 unions and exports to 50 countries. Commenting on the …
ITC, the Indian conglomerate, has announced that it has entered into an agreement to acquire Prasuma, a leading player in frozen, chilled and ready to cook foods, over a period of three years. Prasuma is described as a specialist in Oriental cuisine offering a diverse range of over 170+ products under the Prasuma, Meatigo and Momo Kitchen brands. The Prasuma brand offers frozen products such as baos, Korean fried chicken …
India-based food firm Adani Wilmar has started operations at its new food processing plant in Gohana, Haryana, with an initial shipment of 100 tonnes of rice. Spanning 85 acres and built with an investment of INR 1,298 crore ($149 million), the facility reportedly features advanced technology and is projected to produce 627,000 tons annually, including 200,000 tonnes of edible oils and 450,000 tonnes of other food products, as well as animal feed …
PepsiCo, the global snacks and drinks giant, has announced plans to build a Quaker Oats production facility in China in collaboration with Jiangsu Rilong Food. Involving an investment of 500 million CNY ($68.6 million), the plant will cover an area of 100,000 sq m and deliver up to 160,000 tonnes of cereal annually. Commenting on the move, Jiangsu Rilong Food chairman Chen Jiancong said: “Rilong has more than 20 years of experience …
Nestle, the Swiss consumer goods giant, has announced an investment of A$30 million ($18.9 million) in digital technology and artificial intelligence (AI) at its Campbellfield factory in the Australian state of Victoria to upgrade manufacturing operations and support increased production capacity, especially for KitKat chocolate wafers. Commenting on the move, Nestle general manager confectionery Andrew Lawrey said: “Part of the investment is a new wafer oven, which will enhance the entire …
Hatsun Agro (HAP), a dairy products manufacturer, has announced the acquisition of Indian peer Milk Mantra for 233 crore INR ($27.5 million). Milk Mantra manufactures milk and dairy products under the Milky Moo brand, and has reportedly established a strong presence in the state of Odisha. The company’s turnover for the financial year 2023-24 was 276.42 crore INR ($33.17 million). In a stock exchange filing, HAP said: “The acquisition is …
Hindustan Unilever (HUL), the Indian arm of Anglo-Dutch multinational Unilever, has entered into a definitive agreement to acquire a 90.5% stake in beauty brand Minimalist for 2,955 crore INR ($354.6 million), with plans to acquire the remaining stake in two years. Founded in 2020, Minimalist is described as a rapidly growing digital-first beauty brand offering clinically tested skincare, haircare, and body care products. It has reached an annual revenue run …
Reliance Consumer Products, the FMCG arm of Indian retail major Reliance Retail Ventures, has announced the acquisition of SIL Foods, a packaged food brand, from hospitality firm Food Service India. SIL Foods, once James Smith & Co, is a leading Indian brand offering jams, mayonnaise, baked beans and more. It was acquired by Marico in 1993, then by Scandic Food India under Denmark’s Good Food Group. In 2021, Food Service …
Wagh Bakri Tea, an Indian tea company, has announced plans to invest 100 crore INR ($12 million) in a new facility in Dakor, Gujarat for the manufacture and storage of instant tea. The new facility is set to increase instant tea production by five times, from 3,000–4,000 packets daily, as well as expanding storage by 50%. Commenting on the move, Wagh Bakri Tea CEO Sanjay Singal said: “We are setting up a …
Allana Consumer Products Limited (ACPL) has announced an investment of 300 crore INR ($36 million) to set up facilities for the manufacture of French fries and frozen potatoes in North India and Gujarat. Founded in 1865, ACPL is described as a leader in the manufacture and export of food and drinks, including frozen and chilled meat, frozen and aseptic fruit pulps, coffee, cereals, and pet food. Commenting on the move, ACPL director Raj …
Woolworths, the Australian supermarket chain, has filed for clearance with New Zealand’s Commerce Commission to acquire Beak & Johnston subsidiaries Beak & Johnston NZ Pty Ltd (BJNZ), B&J City Kitchen Pty Ltd (BJCK) and Alors. Beak & Johnston is a manufacturer of chilled and frozen ready meals, soups and meat which are sold under brands such as Pitango, Ready Chef and Beak & Sons. BJCK and Alors do not operate in …
Honest to Goodness, an Australian health food manufacturer, has announced the acquisition of the Pimp My Salad and Pimp My Snack snacking brands from Komarov Food. Pimp My Snack offers health-oriented sweet and savoury snacks that are described as slow baked for a light and crunchy texture. Founded in Byron Bay, Pimp My Salad markets snacks, salad toppers, and vegan mayonnaise. Commenting on the move, Honest to Goodness company founder and managing …
Adani Enterprises Limited (AEL). a holding company of the Adani conglomerate, has announced that it has entered into an agreement to sell its 44% stake in Adani Wilmar, an Indian FMCG joint venture, to Wilmar subsidiary Lence through Adani Commodities LLP, a wholly-owned subsidiary of AEL. Adani Wilmar, co-founded by AEL and Wilmar International in 1999, is India’s largest edible oils and food company. It operates 24 factories, achieves 100% …
Coca-Cola, the soft drinks multinational, has announced it has entered into an agreement to acquire Billson’s, an Australia-based brand of flavoured alcohol beverages (FABs). The Billson’s product range includes “local market leaders” Vodka with Tangle, Vodka with Grape Burst and Vodka with Portello, the company said in a statement. “We are excited to add Billson’s to our portfolio of Australian brands,” commented Matthias Blume, Coca‑Cola vice president of ,arketing, ASEAN and South …
Goyal Salt, a leader in natural salt production, has announced plans to invest 80 crore INR ($9.6 million) to set up a salt manufacturing facility in Gandhidham, near Kutch, in the state of Gujarat, India. The Gandhidham facility, spread across 12 acres, is intended to add production capacity of 450,000 tonnes and would supplement the 15-acre Nawa City plant, which produces 210,000 tonnes of salt annually. Founded in 2010, Goyal …
Hindustan Coca-Cola Beverages (HCCB), the Indian Coca-Cola subsidiary, has announced it has inaugurated a factory in Siddipet, in India’s Telangana state. The factory, spanning 49 acres, has a planned investment of 2,091 crore INR ($251 million), with 1,409 crore INR ($170 million) utilised in the initial phase. It is HCCB’s second manufacturing facility in Telangana, complementing the existing factory in Ameenpur, Sangareddy district. Commenting on the news, HCCBL CEO Juan …
CJ CheilJedDang (CJCJ), the leading South Korean food firm, has announced plans to build a new food manufacturing facility in Europe via an investments of 100 billion KRW ($72 million). CJCJ reported that it had already secured a site for its new European K-Food factory in Dunavarsany, Hungary. The plant, covering an area of 115,000 sq m, will be equipped with state-of-the-art automated production lines, and is expected to begin …
Arnott’s, the Australian biscuit and cracker firm, has announced the acquisition of New Zealand food brands Mother Earth, Flemings, and VP Brands from Prolife Foods to expand its snacking portfolio. Mother Earth is described as a brand of muesli bars and baked slices with a growing presence in Australia. Flemings and VP offer bars, nuts and snack mixes in the New Zealand market. Commenting on the move, Arnott’s Group MD …
Agro Tech Foods (ATFL), a confectionery and snacks firm backed by private equity firm Samara Capital, has announced it has entered into an agreement to acquire Del Monte Foods in a 1,300 crore INR ($156 million) share swap deal with Bharti Enterprises and Del Monte Pacific. Following the acquisition, Del Monte Foods will become a wholly owned subsidiary of Agro Tech. Bharti Enterprises will hold a 21% stake, with Agro …
Meiji, the Japanese food and pharmaceutical firm, has announced the launch of Well Cacao Spicy Crisp, sweet spiced biscuits made with the company’s “cacao granules” ingredient. Meiji cacao granules are described as a form of cocoa nibs made from cacao beans fermented under controlled conditions to reduce astringency, using a unique process that preserves nutrients like polyphenols and lipids. The new product featured a blend of cacao granules with brown …
Sanitarium, a health food company, has submitted a formal offer to acquire the Vita Brits breakfast cereal brand from food manufacturing giant Nestle. Founded in 1898, Sanitarium produces brands such as Up & Go, So Good, Plantwell, Vegie Delights, and PB Nutrition brands, Vita Brits, which the company already produces for Nestle under a toll manufacturing agreement, is similar to Sanitarium’s own Weet-Bix biscuit-type breakfast cereal. The brand is part …
The Original Juice Company (OJC), an Australian-based business that sells chilled fruit and vegetable juices, has announced plans to acquire SPC Global (SPC) and the powdered milk business Nature One Dairy to create a leading food and beverage company. As part of the transaction, OJC will issue 133 million shares to SPC shareholders, while Nature One Dairy shareholders will get 29 million shares and up to A$6 million ($4 million) …
Nissin Foods, an instant noodle manufacturer, has announced that it has entered into a share purchase agreement to acquire 100% of the shares of Australian frozen dumpling manufacturer ABC Pastry for A$33.7 million ($23.12 million). Founded in 1998, ABC Pastry is a leading manufacturer of frozen dumplings in Australia, offering products under its own brand as well as various third-party brands. Commenting on the acquisition, Nissin Foods executive director, chairman …
Leading Australian dairy firm Beston Global Food has entered voluntary administration after failing to find a buyer, according to a report in Convenience & Impulse Retailing. The Beston Global Food product range includes cheese, soft dairy and dairy powders, as well as non-dairy products such as bottled water. According to sources, administrators were called in after a proposal by Megmilk Snow Brands to acquire Beston Global Foods’ production facility in …
French retailer Carrefour has just teamed up with UAE-based retail firm Apparel Group to open retail stores on the Indian market, according to a Business Standard report. Carrefour has formed the strategic franchise partnership in order to open hypermarkets, supermarkets and gourmet stores across India, with sizes ranging from 8,000 to 30,000 sq ft. Although a nationwide expansion is envisioned, the retailer will enter North India in a first stage, …
Meiji, the Japanese food and pharmaceutical firm, has announced plans to reorganise its production network by building a new plant in Atsugi, Kanagawa and closing three of its existing yoghurt factories. The new plant, covering 17,271 square metres, will be constructed with an investment of ¥40 billion (£279 million). It will produce both plain yoghurt and yoghurt drinks and is projected to generate an annual production value of around ¥35 …
Dairy firm Saputo Dairy Australia has announced it is closing down the King Island Dairy cheese production facility and retiring the brand in mid-2025. In a statement, Saputo Dairy Australia said the decision had been taken following an intensive ten-month review of all commercial and financial alternatives for the Dairy, including a potential sale to a third party. Commenting on the decision, Leanne Cutts, president of Saputo Dairy Australia said: …
Bikaji, an Indian snack food company, has announced the acquisition of a 55% equity stake in Ariba Foods, a diversified food company based in Ujjain, Madhya Pradesh, for 60.49 million INR ($7.2 million). Ariba manufactures snacks, savouries and frozen foods like samosas, flatbreads and sweets under the InDine brand, with a presence in India as well as export markets including the USA, Canada, UK, Australia, New Zealand and Singapore. As …
Wine and spirits multinational Pernod Ricard has announced plan to triple its revenue in India over the next decade by strengthening its position in the premium whisky market. The strategy includes the launch of Royal Stag Double Dark Peaty Whisky and Blenders Pride Four Elements Premium Whisky, following release of Longitude 77, the company’s first “Indian Single Malt”. Blenders Pride Four Elements Whisky is described as being blended from four …
Forbidden Foods, a health & wellness focused food company, has announced that it has reached an agreement to acquire Oat Milk Goodness (OMG), a leading Australian plant-based non-dairy milk company, for A$3.4 million ($2.25 million). Founded in 2019, OMG’s portfolio includes barista and chocolate oat milks, as well as a chocolate oat milk with faba bean and pea protein, and is retailed at Woolworths, Ampol Foodary locations, health stores and …
Coca-Cola Europacific Partners (CCEP), the UK-based Coca-Cola bottler. has announced an additional investment of A$105.5 million ($69.63 million) to create a new warmfill line at its Moorabbin plant in Victoria, Australia. In a statement, CCEP said the investment would be used to develop a 4,200 sq m manufacturing hall, install a high-speed 640 bpm Nitro-Warmfill line, and upgrade the existing infrastructure. The investment will support the company in producing Powerade …
Treasury Wine Estates (TWE), the Australian wine giant, has announced plans to divest its commercial brand portfolio, including Wolf Blass, Lindeman’s, Yellowglen and Blossom Hill. The decision is part of TWE’s ongoing restructure prioritising the Premium Brands Division, which features wines priced between A$10 ($6.60) and A$30 ($19.80). In a statement, TWE said: “Following the latest review of the carrying value of the Group’s assets as part of its annual …
Australian grocery retailer Coles has announced the opening of a new distribution centre in Western Sydney, the company’s second to function using automated technology. In a press release, the company said the new distribution centre was part of an investment of more than $1 billion ($655 million) in technology led innovation. The 187,000 sq mt Kemps Creek site has been created to provide better availability for customers and to create …
FMCG major Emami has announced that it will acquire an additional 49.6% stake in men’s grooming brand The Man Company, taking full ownership for $72.8 million. The Man Company offers premium grooming essentials and fragrances including beard products, skincare and haircare products, deodorants, and perfumes, sold through e-commerce platforms and major retail chains. This acquisition will mark Emami’s first full ownership of a direct-to-consumer brand. Initially, Emami acquired a 33.09% …
Sumuka Agro, an Indian consumer food brand, has announced that it has received approval from the Bombay Stock Exchange for its merger with Gujjubhai Foods, a manufacturer of packaged snack food items founded in 1974. In a statement, Sumuka Agro said the merger would consolidate business and assets and streamline the operations and networks of both companies, aiming for more efficient resource use. Both Sumuka Agro and Gujjubhai Foods specialise …
Haleon, a consumer healthcare firm, has announced it has entered into an agreement to sell its nicotine replacement therapy business outside of the US to Indian multinational pharmaceutical company Dr Reddy’s for £500 million ($633 million). The portfolio set to be acquired includes the brands Nicotinell, Nicabate, Habitrol, and Thrive, inclusive of all formats such as lozenges, patches and gums, as well as pipeline products across over 30 markets. Commenting …
Consumer goods manufacturer Britannia has announced plans to close a factory in Taratala, Kolkata that manufactures biscuits, according to Times Now and Just Food report. Founded in 1947, the Taratala factory is described as Britannia’s second-oldest manufacturing site in India. It occupies 11 acres of leasehold land and supports a workforce of approximately 150. This decision follows the closure of other Britannia manufacturing plants in Chennai and Mumbai. In a …
Wine and spirits multinational Pernod Ricard has started construction om a new €25 million (US$26.8 million) distillery for its high-end Japanese gin brand Ki No Bi in Kameoka City, according to a FoodBev report. The new facility will be powered by renewables an is expected to increase production capacity for Ki No Bi at least fivefold. Commenting on the move, The Kyoto Distillery managing director Antonio Sanchez Villareal said: “This …
Kirin, the leading Japanese drinks firm, has announced a ¥220 billion yen ($1.39 billion) tender offer to acquire the remaining shares in personal care firm Fancl, with the aim of making it a wholly-owned subsidiary. Kirin acquired around 33% of Fancl’s shares and established a capital and business alliance in 2019. “By commercializing ingredients created through the natural technology of fermentation, leveraging customer understanding gained from Kirin Holdings’ and FANCL’s …
Global snacking and confectionery giant Mondelez International has announced it has partnered with Lotus Bakeries to expand its presence in India and to develop new chocolate products. In a press release, Mondelez International said the joint venture would allow it to manufacture, distribute and market Lotus cookies in India, as well as create new co-branded chocolate products to be sold in Europe or possibly globally. Commenting on the move, Mondelez …
Nissin Foods, the Japanese instant noodle manufacturer, has announced the acquisition of Korean snack company Gaemi Food for 48,000 million KRW ($35 million). Founded in 1995, Gaemi Food is defined as a manufacturer of crispy roll snacks under the Baked Crispy Roll name and confectionery under the brand Kemy, as well as snacks for infants and children. Commenting on the acquisition, Nissin Foods executive director, chairman and chief executive officer …
Yakult, the Japanese probiotic dairy drink manufacturer has announced the opening of its second production facility in the Philippines. Built at a cost of 2 billion PHP ($34 million), and located in El Salvador, Mindanao, the new facility sits on a site of roughly 42,000 sq m, and will produce drinks under the Yakult brand and later also Yakult Light. “Yakult Philippines Plant 2 will respond to an increase in …
Good Meat, a US-based cultivated meat company, has announced what it claims is the world’s first launch of cell-based chicken in collaboration with Singapore’s Huber’s Butchery. The new product, called Good Meat 3, is described as a low-cost chicken mince formulation with 3% cultivated chicken, and is promoted as having the same taste, texture and experience as conventional chicken. Commenting on the launch, Josh Tetrick, co-founder and CEO of Eat …
Fraser and Neave, the Singapore-based brewing firm, has announced plans to invest 179.5 million MYR ($37.5 million) to build a dairy plant in Cambodia, with a focus on canned milk production. In a statement, the firm said it intended to lease 32,200 sq m of land, build the facility, and procure machinery for the production of sweetened beverage creamer. The “strategic move” aligns with the organic evolution of the business, …
Japanese drinks giant Asahi has announced the acquisition of South Australian spirits maker Never Never through its alcoholic beverages division, Carlton & United Breweries (CUB). Founded in 2016, Never Never offers gins under brands such as Triple Juniper, Oyster Shell, and Grenache and has full-time headcount of around 15. Commenting on the deal, Asahi CEO Amanda Sellers commented: “We are acquiring Never Never because we recognise Never Never’s incredible brand …
Mars affiliate company, Royal Canin, has announced the opening of India’s first and Asia’s second-largest packaging plant for pet food products in Bhiwandi, Maharashtra, with an investment of R$100 crore ($13.5 million). The state-of-the-art packaging centre reportedly features an automatic packing machine and relevant utilities, facilitating the effective conversion of bulk goods into retail packs. Royal Canin global president Cecile Coutens said: “India is one of the fastest-growing Petcare market …
The Indian arm of consumer goods giant Nestle and Indian multinational pharmaceutical company Dr Reddy’s have formed a joint venture to offer new nutraceutical brands to consumers in India and other agreed territories. The joint venture will establish its headquarters in Hyderabad, and select brands will be licenced by both parties. Nestle Group will license brands such us Nature’s Bounty, Osteo Bi-Flex, Ester-C, Resource High Protein, Optifast, Resource Diabetic, Peptamen, …
French dairy group Lactalis has announced plans to close a factory in Echuca, in the Australian state of Victoria, that manufactures milk and yoghurt products for the Pauls brand. The move follows a decision by the company to consolidate its yoghurt and dessert operations at its larger regional centre of Bendigo, which is set to benefit from an A$85 million ($56.3 million) investment over the next three years. Commenting on …
Innohas, a South Korean food maker, has announced the opening of a manufacturing site which is claimed to be the largest fully plant-based food facility anywhere in the world. Sited in Jecheon, South Korea, the new facility will reportedly produce Korean-style plant-based foods under Innohas’s Sunlit Foods brand to cater to increased demand for Korean cuisine. Established in 2001, Innohas operates under a namesake brand in Asia, but the Sunlit …
PepsiCo, the global snacks and drinks giant, has announced plans to invest 1,266 crore INR ($154 million) to set up a flavour manufacturing facility for beverages in Ujjain, in India’s Madhya Pradesh state. The plant, spanning an area of approximately 22 acres, is expected to enhance PepsiCo’s beverage production capacity and create more employment opportunities, the company said in a statement. The company added it would enable them to manufacture …
Netherlands-based commodities firm Louis Dreyfus Company (LDC) has announced it has entered into an agreement to acquire Cacique, a major Brazilian maker of soluble coffee, for an undisclosed sum. Cacique is described as a leading independent global producer, processor, and exporter of soluble coffee, with two manufacturing sites in Brazil. It has a portfolio of 65 instant coffee products that is exported to more than 70 countries, along with a …
Australian company Vitality Brands has entered into an agreement to acquire Essano, a New Zealand-based beauty brand, for an undisclosed sum. This deal will bring opportunities to expand its portfolio of established brands including Essano, Cancer Council Sunscreen, Epzen, Dominate, Shockwaves and Tribe Skincare in global markets. “The partnership will propel Vitality Brands’ international growth strategy by introducing Essano to Vitality Brands’ vast distribution network across Australia and Asia while …
Indian dairy giant Mother Dairy has announced plans to invest 750 crore INR ($90.36 million) to enhance dairy, fruit, and vegetable processing capacity across key locations. In a statement, the company said the investment would be used to establish a dairy plant in Nagpur, Maharashtra, with an investment of around 525 crore INR ($63.25 million), and the development of a new fruit processing plant in Karnataka. Commenting on the move, …
Leading household paper firm Kimberly-Clark has announced an expansion of its operational capability in Australia with the opening of a “state-of-the-art” distribution centre in Ravenhall, Victoria. According to sources, the 23,000 sq m facility is the company’s second largest in Australia and the first of several investments planned to offer faster and more efficient services to customers. The centre will reportedly double the company’s storage capacity and also enable a …
Reliance Consumer Products, the FMCG arm of Indian retail major Reliance Retail Ventures, has announced a partnership with Elephant House, a leading Sri Lankan beverage company, to manufacture, market, distribute and sell beverages under its namesake brand in India. In a statement, the company said this association would strengthen RCPL’s expanding beverage range that includes brands such as Campa, Sosyo, and Raskik. Elephant House, which is owned by Ceylon Cold …
The latest innovation insight from Gama Compass MANCHESTER – 7th March 2024: In this month’s Innovation Insight, we look at a technological innovation that may provide an intriguing glimpse into the future of food, in the form of a confectionery bar containing precision-fermented protein – Fazer Taste The Future Chocolate Snack Bar. Launched as a limited release in select sweets retailers in Singapore, Fazer Taste The Future Chocolate Snack Bar …
Conagra Brands, a leading US food manufacturer, has announced that its subsidiary has entered into an agreement with funds advised by Convergent Finance and Samara Capital to divest its 51.8% ownership stake in Agro Tech Foods, a food company based in Mumbai, India. Agro Tech Foods is a manufacturer of ready-to-cook snacks, ready-to-eat snacks, spreads & dips, breakfast cereals and chocolate confectionery. Commenting on the move, Convergent Finance managing partner …
Hindustan Coca-Cola Beverages (HCCB), Coca-Cola’s Indian subsidiary, has announced plans to invest 350 crore INR ($42.52 million) to set up two manufacturing lines at its plant in Rajgarh, in India’s Maharashtra state. In a statement, HCCB reportedly revealed the new lines will produce low-cost small sparkling packs (ASSPs) and juice cartons. Commenting on the move, HCCB chief public affairs, communications and sustainability officer Himanshu Priyadarshi said: “This investment is a …
Fauji Foods Limited (FFL), a Pakistani maker of dairy products, has announced the acquisition of the entire equity stake of its parent company Fauji Foundation in Fauji Infraveast Foods Limited and its cereals business under the brand name Fauji Cereals, to expand its product portfolio and market reach. In a filing with the Pakistan Stock Exchange, Fauji Foods Limited said: “This move marks the successful creation of a consumer food …
Accolade Wines, one of the world’s largest wine companies, has entered into early merger discussions with peer Australian Vintage (AVG), the producer of the McGuigan and Tempus Two brands, according to The Australian Financial Review and The Shout reports. “AVG confirms it is in exploratory discussions with Accolade, however these discussions are still at a very early stage, and there is no certainty that any transaction will eventuate”, Australian Vintage …
Bega, the Australian dairy firm, has announced it plans to close its plant in Burnie, Tasmania, traditionally a manufacturing site for the Betta Milk and Pyengana Dairy brands, and transfer production to another factory in Hobart. Bega acquired the Burnie facility last year when it bought Betta Milk and Meander Valley Dairy, as well as a royalty-free license to use the Pyengana Dairy brand, from TasFoods in a A$11 million …
Cultivate Food and Beverage, a social enterprise backed by disability employer Bedford, has announced the acquisition of Adelaide Hills Foods, a bakery firm headquartered in Lobethal, South Australia that offers the Emmaline’s, Emma Myrtle’s Bakehouse, Positano, James Road and Barossa Pizza brands. Adelaide Hills Foods supplies over 1,000 national and independent retailers, including Coles, Woolworths and Drakes, with a range of baked products. With the addition of the existing 76 …
Reliance Consumer Products (RCPL), the FMCG arm of Indian retail major Reliance Retail, has announced the acquisition of trademarks, recipes and all intellectual property rights of sugar confectionery maker Ravalgaon for 27 crore INR ($3.7 million), expanding its FMCG portfolio. Ravalgaon’s portfolio includes the confectionery brands Mango Mood, Coffee Break, Tutty Fruity, Paan Pasand, Choco Cream and Supreme. In a statement, Ravalgaon reportedly said it had lost market share owing …
Kirin, the leading Japanese drinks firm, has announced it is buying the Healthya tea-catechin business from personal care company Kao to enhance its presence in health-oriented drinks. “Under the Long-Term Management Vision, ‘the Kirin Group Vision 2027’, we are aiming at becoming a global leader in CSV (Creating Shared Value), creating value across our world of Food & Beverages to Pharmaceuticals”, Kirin said in a statement, adding: “With this transfer, Kirin Beverage will further …
Confectionery giant Lotte Wellfood has announced plans to invest 200 crore INR ($27.37 million) to set up a new line for the production of its chocolate-coated biscuit product Lotte Pepero in the northern Indian state of Haryana. The new facility, benefitting from automated equipment, is designed to meet global export demand, introduce Original and Crunchy Pepero to the Indian market, and establish Lotte Pepero as a premium brand locally. Commenting …
European soft drinks bottler Coca-Cola European Partners (CCEP) has announced it has received approval from Philippine anti-trust regulators to buy peer Coca-Cola Beverages Philippines (CCBPI) from The Coca-Cola Company (KO), in a joint deal with investment fund Aboitiz Equity Ventures (AEV). Under the terms of the deal, CCEP holds a 60% stake in the acquired business, and AEV the remainder. In a statement from November, CCEP said the acquisition would build on its successful …
Henkel, the Germany-based personal and household care giant, has officially inaugurated a new research & development (R&D) centre in Shanghai, China to serve the Asian market. The facility will draw on insights from 11 markets and aims to facilitate flexible product innovation for brands such as Schwarzkopf and Syoss. Covering an area of more than 2,500 sq m, the hub includes functions such as consumer insights, technology research, product formulation development, packaging design, …
Tata Consumer Products, the Indian FMCG conglomerate, has announced the acquisition of food and drinks businesses Capital Foods and Organic India for a reported combined investment of 70 billion INR ($845 million). Tata Consumer Products said the deal was aligned with the company’s strategy to “expand its product portfolio and its target addressable market in fast-growing/high margin categories”. The company is reportedly buying 75% of the noodle and condiments firm …
V2food, a plant-based food company, has announced the acquisition of ready-meal brand Soulara in order to broaden its portfolio, extending its reach from retail and food service to the direct-to-consumer channel. Soulara claims to offer “chef-crafted, plant-based meals” that are made with a diverse range of ingredients and have a small environmental footprint. Commenting on the acquisition, V2food CEO Tim York said: “We know consumers want to eat more plant-based …
PAG Private Equity, a global investment firm headquartered in Hong Kong, has agreed to acquire a majority stake in Food Union Europe, a Latvia-based producer of ice cream with a presence in six European countries. The fund will obtain shares from the founder and other private stakeholders involved in the transaction. After acquisition, PAG will take complete operational control of dairy and ice cream production, along with direct-to-consumer distribution enterprises …
Meditrina Beverages, a drinks company newly created by the Taliano family, is acquiring the assets of Warburn Estate, a winery located in the Riverina region of the Australian state of New South Wales. The deal, which is set to be concluded by March, includes the land, plant, equipment, trademarks and intellectual property, as well as the cellar door. Warburn Estate was established in 1968 and is described one of Australia’s leading …
Clear Premium Water, an Indian manufacturer of bottled water, has acquired a 51% stake in Kelzai Volcanic Water, a brand of volcanic spring water. Established in 2007, the Kelzai Volcanic Water brand provides water sourced from volcanic springs in the Western Ghats, and is claimed to be rich in essential minerals and electrolytes. It is available in various sizes of plastic and glass bottles in both still and sparkling varieties. …
French spirits maker Pernod Ricard has announced it has finalized production of The Chuan Pure Malt Whisky, the initial release from its distillery in Mount Emei, which is claimed to be the first prestige malt whisky to be produced in China. Construction on the distillery began in September 2019 as part of a ten-year, $150 million investment. The product, which is described as a rich and full-bodied whisky with a long finish …
Hindustan Coca-Cola Beverages (HCCB), the Indian Coca-Cola subsidiary, has announced an investment of 3,000 crore INR ($368 million) to set up a new plant in Rajkot, in India’s Gujarat state, to manufacture juice and aerated beverages. “The investment is expected to create a considerable industrial footprint, fostering substantial economic and social growth in the region”, HCCB said in a statement. “The Government of Gujarat, in turn, has assured comprehensive support …
Haigh’s Chocolates, an Australian confectionery company, has announced an investment of A$130 million ($87 million) to develop a manufacturing facility in Salisbury South, Adelaide. The project, which will span an area of 36,000 sq m, will accommodate 9,000 sq m for production facilities and 6,000 sq m for warehousing. A$36 million ($24 million) from the overall investment will be utilized for the purchase of manufacturing equipment sourced from Europe. Commenting …
Meiji, the Japanese food and pharmaceutical firm, has announced plans to invest ¥48 billion ($339 million) in the construction of a new dairy plant in Nakashibetsu, Hokkaido. According to Meiji, the new facility will have an initial production capacity of 430,000 tons of raw milk annually, with the potential to reach 500,000 tons over time. The new 230,000 sq m plant will ultimately replace existing plants in Honbetsu and Nishi …
Krishna’s Herbal and Ayurveda, a leading manufacturer & supplier of ayurvedic medicines, has announced an investment of 5 crore INR ($600,000) to develop a state-of-the-art manufacturing plant in Jodhpur, India. The company is said to be best known for juices with natural and ayurvedic ingredients, and its portfolio is said to encompass products for diabetics, as well as aloe vera, amla, and more. The new 6,000 sq m facility will …
Nourish You, the Indian “superfood” company, has announced the acquisition of dairy alternative specialist One Good for an undisclosed sum, expanding its footprint in the vegan category. Founded in 2016 under the name Goodmylk, One Good offers a variety of vegan dairy alternative products including milk, cheese, chocolate, curd, ghee and butter. It has manufacturing plants in Bengaluru, Mumbai and Delhi with capacity for 150 tons per month, of which …
Wipro Consumer Care and Lighting, an Indian personal and household care manufacturer, has acquired soap brands Jo, Doy, and Bacter Shield from Mumbai-based health & beauty firm VVF for an undisclosed sum. Wipro’s acquisition, its third within the space of a year, will reportedly allow it to strengthen its grip in the soap category by broadening its reach across segments and geographies. The Jo brand is said to hold a …
Hindustan Coca-Cola Beverages (HCCB), the Indian Coca-Cola subsidiary, has announced plans to invest 1,387 crore INR ($166 million) to set up a new bottling plant in Ratnagiri, in India’s Maharashtra state, according to a report in the Economic Times. The facility will reportedly be spread across an 88-acre site in the Lote Parshuram Industrial area and draw water for its operations from the Vashishthi river. The plant is set to create 350 …
Dabur, a diversified FMCG manufacturer specialised in ayurvedic products, has announced plans to set up a new factory in the south of India within a year, with a view to expanding its portfolio with products tailored to the needs of local consumers. The move reportedly aligns with the company’s overall strategy to enhance manufacturing capacity and diversify production lines, catering to growing demand in the retail sector. Commenting on the …
Cargill, the global food and agribusiness firm, has announced the opening of a state-of-the-art Cocoa Development Centre in Gresik, Indonesia. In a press release, the company said the facility was the first of its kind in Asia-Pacific and “the most advanced”. The centre is located in the same site of Cargill’s cocoa processing plant and is aimed to boost consumer-driven innovation. Francesca Kleemans, managing director, food solutions Southeast Asia at …
Mondelez International, the global snacking and confectionery giant, has announced a A$13 million ($8.4 million) investment in a state-of-the-art automated packaging line at its Gourmet Food manufacturing facility at Dandenong, Victoria, according to an article in Food & Drink Business. The investment is part of a wider A$25 million ($16.2 million) investment that the company has made since acquiring Gourmet Food in 2021. In a statement, the company said the …
Australian Beer (ABCo), a brewing firm that is part of the Casella Family Brands group, has announced the acquisition of Ampersand Projects, Australia’s leading independent spirit company, for an undisclosed sum. The deal strengthens ABCo’s position in spirits and flavoured alcoholic beverages (FABs), while also allowing Ampersand Projects full access to ABCo’s capabilities and resources. Commenting on the move, Casella Family Brands managing director John Casella said: “This is an …
Good Earth Dairy, an Australia commercial camel milk producer, has secured a government grant to support construction of a fresh and powdered camel milk processing facility in Perth, according to a report in Business News Australia. The A$20 million ($14.2 million) project aims to establishing Australia’s first dairy facility exclusively for camel milk products, generating over 90 new jobs upon full asset utilization. Commenting on the move, Good Earth Dairy …
Unilever, the multinational consumer goods giant, has opened a new €80 million ($78.4 million) factory in the Philippines to increase production of its personal care ranges in the country by 15%. Located in the province of Cavite, the factory will manufacture Sunsilk and Creamsilk haircare products, as well as deodorant ranges from Rexona and Dove. Commenting on the new facility, Unilever Philippines chairman and CEO Benjie Yap said: “Our investment …
PepsiCo, the global snacks and drinks giant, has announced plans to invest 778 crore INR ($105 million) to set up a manufacturing plant for the Lay’s crisp brand in Nalbari, in India’s Assam state. The project, which will span an area of approximately 44.2 acres, is set to become operational in 2025, with expectations of generating more than 500 direct and indirect job opportunities, the company said in a statement. …
ITC, the Indian consumer goods giant, has announced plans to invest 1,500 crore INR ($181 million) to set up an integrated food manufacturing and logistics facility and a sustainable packaging manufacturing plant at Sehore in Madhya Pradesh. According to sources, the two projects will span an area of approximately 57 acres. Commenting on the new investment, ITC chairman Sanjiv Puri said: “In line with our commitment to contribute to the …
Indian dairy giant Amul is planning to add 15 new milk processing plants in the 2024 financial year as it seeks to capitalize on the move from own-label to branded products. The company has reportedly lined up an investment of $40-53.33 million for capacity expansion and new initiatives. It currently has installed capacity of 47 million litres per day and expects to expand this by 3-4 million litres per day …
PepsiCo, the global snacks firm, has broken ground on a new snacks plant in Cikarang, Indonesia, according to Reuters and Just Food reports. The investment is said to mark the company’s return to manufacturing operations in Indonesia after ending a joint venture with an Indofood subsidiary in 2021. The venture had produced the brands Lay’s, Cheetos and Doritos for the local market The new facility is described as being part of …
Beam Suntory and Frucor Suntory have announced the launch of Suntory Oceania, a A$3 billion ($2 billion) partnership to manufacture and distribute premium spirits and alcohol-free drinks in Australia and New Zealand. Suntory Oceania will market 40 leading alcoholic drinks brands including Jim Beam, Maker’s Mark, Hibiki Whisky, and Canadian Club, with the non-alcoholic drinks portfolio including Orangina, Lucozade, Ribena, BOSS coffee, Iyemon green tea, and Suntory Tennensui water. Commenting …
Coca-Cola Europacific Partners plc has announced that, together with Aboitiz Equity Ventures Inc., the companies have entered into a letter of intent to purchase Coca-Cola Beverages Philippines, Inc. According to a press release by Coca-Cola Europacific Partners, the two companies have agreed and signed a non-binding Term Sheet to purchase Coca-Cola Beverages Philippines for $1.8 billion, with Coca-Cola Europacific Partners as majority owner (60%) and Aboitiz Equity Ventures with a …
Kommunity Brew, a Western Australian functional beverage company, has acquired Melbourne’s Cool Cool Beverage Company (CCBC). The acquisition will add the Sips Sparkling and Liberty Kombucha brands to Kommunity Brew’s portfolio and opens up immediate export opportunities for the company via Sips Sparkling’s shelf-stable product range. “The integration of CCBC into our business is a major milestone in the evolution of Kommunity Brew, putting us in a strong position to …
Wide Open Agriculture (WOA), a regenerative food and agriculture company, has announced plans to open a production facility to manufacture oat milk products in Western Australia. The production facility, backed by a A$5 million ($3.3 million) grant and located near an existing pilot plant, will produce-ready to-drink oat milk using WOA’s lupin-based “Buntine Protein”. WOA said it intended to compete globally with conventional dairy through a combination of high protein …
Comvita, a New Zealand based manufacturer of honey has announced the acquisition of HoneyWorld, Singapore’s largest manuka honey retailer for 8.5 million SGD ($6.33 million). The acquisition follows Comvita’s recent partnership with Ole Supermarkets, a Chinese retail chain, in a bid to expand its presence in the Asian market. Commenting on the acquisition, Comvita CEO David Banfield said: “This agreement represents a highly strategic opportunity for Comvita to acquire a …
Procter & Gamble, the US multinational, has announced a 2,000 crore INR ($163.99 million) investment to set up an export hub in India, according to a Times of India report. The new 50,000 sq m facility in Sanand, near Ahmedabad will reportedly use state-of-the-art technology to manufacture digestive wellness products, fully automated in line with Industry 4.0 principles. It will extend P&G’s existing presence in the state of Gujarat, where …
Indian instant coffee maker CCL Products has announced plans to build a new 400 crore INR ($304 million) manufacturing plant in Kuvvakolli, in India’s Andhra Pradesh state, according to an Economic Times report. The facility, which is to be built on a 22-acre site, will include a plant with an annual capacity of 16,000 metric tonnes for the manufacture of spray-dried instant coffee. At a press conference, CCL Products founder …
Mars, the leading food multinational, has announced an investment of $112.6 million ($76.3 million) in its pet food facility in Wodonga, in Australia’s Victoria state. According to a report in Inside FMCG, the upgraded 7,800 sq m facility will mostly be dedicated to producing single-serve pouches for the company’s Whiskas, Advance, Optimum and Dine brands, adding a a combined annual capacity of 25 kilotonnes. Commenting on the move, Craig Sargeant, GM at Mars Petcare …
Indian instant coffee maker CCL Products has acquired the Percol, Rocket Fuel, Plantation Wharf, The London Blend, Perk Up and Percol Fusion brands from Food Brands Group, a subsidiary of Swedish coffee firm Lofbergs, for £0.55 million ($0.69. million), according to a report in the Free Press Journal. The deal will give CCL Products access to major supermarkets in the UK, with the Percol brand range available in chains such as …
Dharampal Satyapal Group (DS Group), an Indian conglomerate, has announced the acquisition of The Good Stuff, owner of confectionery brand LuvIt, for an undisclosed amount. The LuvIt brands includes milk chocolate, chocolate-coated wafers, fruit and chocolate-flavoured lollipops, eclairs, sugar-panned chocolates and chocolate snacks. Commenting on the deal, DS Group vice chairman Rajiv Kumar said: “DS Group has been focusing on increasing its presence in the confectionary segment for the last …
Reliance Consumer Products, the FMCG arm of Indian retail major Reliance Retail Ventures, has announced a partnership with General Mills, the US manufacturer of branded processed consumer foods, to sell western snacks in the Indian market. Initially, Reliance Consumer Products intends to introduce Alan’s Bugles brand of corn chips as a precursor to further product development in the savoury snacks space. “We intend to actively participate in the growing western …
Reliance Consumer Products, the FMCG arm of Indian retail major Reliance Retail Ventures, has announced the acquisition of a 51% stake in Lotus Chocolate for 74 crore INR ($8.95 million). Lotus Chocolate is a global manufacturer of chocolates and cocoa products, with a fully integrated manufacturing facility that supplies both businesses and consumers. Its brands in the consumer space include Chuckles, Superr Carr, On & On, Kajoos, Milky Punch and …
ITC, the leading Indian conglomerate, has announced the debut of Fruits ‘N Bits, a line of fruit beverages that are claimed to have real fruit chunks and seeds. Launched under the B Natural brand, the new line is claimed to be free from concentrates and added preservatives, and comes in the varieties Mixed Fruit, Litchi (with Apple) and Guava. Commenting on the launch, Sanjay Singal, chief operating officer – Dairy …
Japanese brewer Kirin has announced the acquisition of Blackmores, an Australian vitamin and supplement producer, in a deal worth $1.2 billion. According to a Reuters report, the deal will enable Kirin to further diversify its portfolio. While alcoholic beverages comprise around half of Kirin’s sales, the company also has a health sciences division which the Blackmores acquisition is intended to complement. The Blackmores product range includes vitamins, dietary supplements and …
Uber Eats, the food courier company, is partnering with retailer Coles to establish a grocery delivery service across Australia, according to a report in the Sydney Morning Herald. The new service, which has already launched with 40 stores in Melbourne, is set to cover 500 outlets nationwide, and will reportedly offer groceries delivered on the Uber Eats delivered within the hour. According to reports, couriers will be responsible for both picking …
Hindustan Unilever Ltd (HUL), Unilever’s Indian subsidiary, has announced it has sold its atta and salt business under the Annapurna and Capital Cook brands to Uma Global Foods and Uma Consumer Products, both subsidiaries of Reactivate Brands International. The sale is part of HUL’s strategy to divest non-core categories and focus on the growth of its packaged foods business of dressings, scratch cooking and soups, the company said in a …
Plant-based firm V2food has announced that it plans to close its manufacturing facility in Wodonga Australia, with production transitioning to other facilities over the course of the year. According to an article in Grain Central, the company originally established the plant in 2020 to manufacture the soya isolates on which V2food’s products are based, but had been hampered by Australia’s limited processing infrastructure for soya beans. Commenting on the move, …
Philip Morris International (PMI), the leading tobacco firm, has announced it will be continuing its partnership with South Korean tobacco and nicotine manufacturer KT&G as the two companies look to “extend and deepen” their collaboration. The agreement, which covers 15 years, will allow PMI to continue commercialising innovative smoke-free devices and consumables on an exclusive worldwide basis (except South Korea), the company said. PMI CEO Jacek Olczak commented: “We have …
ITC, the leading Indian conglomerate, has announced the acquisition of Sproutlife Foods, the company behind the Yoga Bar brand of cereal and snack foods, over the next three to four years. In a press release, ITC said the deal would enable it to further diversify its portfolio and enhance its presence in the ‘good for you’ space , aligning with the company’s “ITC Next” strategy. Sproutlife Foods describes itself as …
Diageo, the leading alcoholic drinks company, has reached an agreement to acquire Don Papa Rum, a super-premium, dark rum from the Philippines. In a press release, Diageo said the acquisition involved an upfront consideration of €260 million ($282 million) with a further potential consideration of up to €177.5 million ($192.5 million) through to 2028 subject to performance. Founded in 2012, and available in over 30 countries worldwide, Don Papa Rum …
Endeavour Group, which claims to be Australia’s leading retail drinks and hospitality business, has announced it has reached an agreement with global alcoholic drinks firm Moet Hennessy to acquire winemaker Cape Mentelle Winery. Located in Western Australia’s Margaret River, Cape Mentelle Winery was established in 1970 as one of the founding five wineries of The Margaret River, and is described as being the pioneer of many of the wine styles …
E-cigarette brand, known for its disposable vape devices, Geek Bar has made an investment of $146 million in a new production facility as part of its plans of growth in the UK. The facility will be built in the Zhuhai National Hi-Tech Industrial Development District in China’s Guangdong province, and according to sources, the assembly will be 90% automated “to provide the highest levels of precision and performance” and will …
Reliance Consumer Products has announced the acquisition of 50% equity stake in carbonated soft drink company Sosyo Hajoori Beverages Private. Founded in 1923, Sosyo is a leading company in the soft drink market in India with brands such as Sosyo, Opener, Kashmira, Lemee, Hajoori Soda, Ginlim, Runner and S’eau with over 100 flavours launched in the market. “We are delighted to enter into this partnership with Reliance Consumer Products, a …
Hindustan Unilever (HUL), a subsidiary of the multinational consumer goods giant Unilever, has entered the health & wellbeing category through strategic investments in Zywie Ventures Private Limited (OZiva) and Nutritionalab Private Limited (Wellbeing Nutrition). OZina is a plant-based and clean label consumer wellness brand focused on lifestyle protein, hair & beauty supplements and women’s health. Wellbeing Nutrition is focused on need spaces such as beauty, everyday health, gut health, and …
Belgian-Swiss cocoa processor and chocolate manufacturer, Barry Callebaut, has announced the construction of its third chocolate and compound facility in India. The company opened its first facility in India in 2007 and since them Barry Callebaut has continuously invested in the Indian chocolate and cocoa market. Upon completion of the new chocolate factory, India will become Barry Callebaut’s largest chocolate producing market in Region Asia Pacific. Jo Thys, President of …
French dairy producer Bel Group has entered into a joint venture with Britannia Industries to develop, manufacture and sell cheese products in India and some other markets. Bel Group will acquire 49% stake of Britannia’s wholly-owned subsidiary Britannia Dairy Private Limited for INR 2.62bn (US$32.1m). “This strategic partnership with Britannia in India is a new step for Bel Group’s development in Asia, in line with our mission to deliver healthier …
Minerva Foods Australia has announced the acquisition of Australian Lamb Company, an Australian meat firm. Minerva Foods Australia, a joint venture of Minerva and Saudi Agricultural and Livestock Investment Company (35%), will own 100% of the issued shares in Australian Lamb Company, in a deal worth A$400 million ($253 million). Australian Lamb Company is one of the largest meat producers inAustralia, with the ability to produce about 100,000 tons of …
Australian cereal and snacks producer Carman’s has announced the acquisition of family-owned snacks and breakfast foods producer Fruit Wise. According to a statement released by Carman’s, the companies share their outlook on healthy snacks and the purchase comes after one year of discussions. Commenting on the acquisition, Bridget Beal, managing director of Fruit Wise said: “We’ve been family owned for 15 years, so wanted to make sure we were passing …
Goat milk manufacturer Bubs Australia has announced that it has made an agreement with Heilongjiang Ubeite Dairy Group (HUG) to produce and distribute Bubs China label goat milk infant formula in China. According to a Bubs press release, the new “ultra-premium” Bubs China label infant formula range has been created exclusively for the Chinese market, based on easy to digest A2 goat milk protein, with premium ingredients, sn2 palmitate, lactoferrin, …
Japanese drinks giant Asahi has announced the acquisition of Australian soft drinks firm StrangeLove. According to sources, StrangeLove offers a range of adult soft drinks including sparkling waters, low-calorie sodas and premium mixers. Robert Iervasi, Asahi CEO, said: “We expect StrangeLove to really shake things up in the on-premise premium mixer and adult soft drink space with a high-quality, Australian-made brand. This deal will also strengthen our offer to retailers, …
Alcoholic drinks firm Diageo has announced the acquisition of Mr Black, a premium cold brew coffee liqueur from Australia. In a statement, Diageo said it had already purchased a minority stake in Mr Black in 2015 through its incubator programme Distill Ventures. Mr Black’s liqueur is described as being made using modern coffee brewing techniques and has reportedly become the fastest growing brand in the global coffee liqueur category in …
Australian retailer Coles Group has announced the sale of its fuel and convenience store business to fuel firm Viva Energy. According to sources, Coles and Viva Energy had been operating the business in a partnership that was planned to end in 2029. With this acquisition, Viva Energy will operate the largest fuel and convenience network in the country, under one single operator. Leases on 716 Coles Express stores will be …
Soft drinks giant Coca-Cola is partnering with Japanese beverage firm Kirin to develop functional drinks, according to a Nikkei Asia report. The companies are said to be collaborating to create drinks that contain lactococcus lactis strain plasma (LC-Plasma), a postbiotic ingredient developed by Kirin Holdings that is claimed to boost immunity in healthy people. The collaboration will reportedly help Coca-Cola to bolster its position in the growing health drinks segment, …
Australian alcoholic drinks retailer and hospitality business Endeavour Group has announced the acquisition of Shingleback Wine from McLaren Vale, South Australia. According to sources, the agreement includes the Shingleback Wine brand portfolio, a long-term lease of the McLaren Vale cellar door and an ongoing grape supply agreement. Shingleback was founded in 1997 by Kym and John Davey brothers and it will now be part of the Paragon Wine Estates portfolio, …
Good Drinks Australia, an independent Australian brewer, has announced the acquisition of Victorian-based brewery Stomping Ground for A$11.5 million ($7.7 million). According to sources, the transaction will be closed for A$7 million ($4.7 million) in cash, 4.5 million Good Drinks Australia ordinary shares, and a trailing 5-year performance component. With this agreement, Stomping Ground is expected to contribute A$1.5 million ($1 million) to Good Drinks Australia’s earnings in its first …
Belgian biscuit and cake manufacturer Lotus Bakeries has announced an expansion in Thailand, with a new manufacturing plant for the Biscoff brand. According to the company, the plant is intended to increase capacity in the Asia region, as well as improve response times to local trends and reduce transport costs. Thailand was chosen due to its central location in the region and the availability of raw materials and strong industry, …
Yili Group has opened the Global Smart Manufacturing Industrial Park and Health Valley in the world in Hohhot, China, including the Chilechuan Ecological Intelligent Pasture and the Yili Intelligent Manufacturing Experience Centre, to produce both liquid and powder milk. According to a company press release, the group aims to establish an area that will serve as a global hub for the dairy and health industries, using world-class intelligent equipment and technologies. The …
Japanese snacks business Calbee has acquired a 75% stake in Greenday, a Thailand Based snack maker, for an undisclosed sum. According to sources, the deal may improve the reach of Jagabee products on a global scale. Calbee already has a presence in the North American, UK, south-east Asian markets and aims to expand its overseas business as a growth pillar in its plan to achieve by 2030. Calbee also aims …
Privately-owned Cooke Inc. (‘Cooke’), parent company of Cooke Aquaculture Inc. has upped its stake proposal to purchase the Tasmanian salmon farmer Tassal Group Limited. Tassal is a vertically integrated salmon and prawn grower and processor for the Australian domestic markets and for exportations, employing over 1,700 people. Cooke Inc. has Atlantic salmon farming operations in Atlantic Canada, the US, Chile, and Scotland; seabass and seabream farming operations in Spain; seafood …
Malaysian food and beverage manufacturer Fraser and Neave Holdings is prepared to make moves towards obtaining full ownership of a local peer Cocoaland Holdings. According to sources, Fraser and Neave plans to buy all of the shares in Cocoaland that it does not yet own for just under 488.2 million MYR ($111.1 million) in total. Fraser and Neave first invested in the snack and drinks manufacturer Cocoaland in 2010 and …
Food and beverage business, PepsiCo India, has announced plans to invest INR 186 crore ($24 million) to expand its manufacturing facility in Kosi Kalan, Mathura, India. The facility, which already makes Lay’s potato chips, will increase the capacity of the state-of-the-art plant, by adding a new manufacturing line to produce snacks under the Doritos brand. “The progressive ecosystem and industrial climate in Uttar Pradesh has yielded some fantastic opportunities for …
Iceland Foods has signed an agreement to supply its range of frozen food products through the Chinese retailer JD.com. JD.com is one of China’s largest online retailers offering everything from fresh food, apparel, electronics, and cosmetics, with next-day delivery that covers more than 1 billion consumers. With this agreement, Chinese consumers will be able to order some of Iceland’s frozen pizzas, snacks, ready meals, and desserts online. “We are now …
Lactalis, the French dairy giant, has confirmed the acquisition of Australia-based yogurt maker Jalna Dairy Foods together with a yogurt production facility in Melbourne and a milk farm in northern Victoria with around 90 employees, where the terms of the transaction weren’t disclosed. Jalna has a portfolio of yogurts made by blending pure milk with probiotics and natural ingredients. “This transaction expands Lactalis Australia’s yogurt portfolio of iconic brands with the …
E-commerce platform Hairydog Group has purchased the wholesaler S&P Liquor Group, which includes the retailer Liquor Emporium, for an undisclosed sum. According to sources, the staff at S&P Group will not undergo any changes due to the acquisition and the two bodies will also remain operating as standalone entities. Paul Ververis, the general manager of S&P Liquor, said “I’m delighted to continue to lead S&P Liquor and begin the relationship …
FMCG giant Danone has announced the sale of its 25% remaining stakes in Yashili to Mengniu and the 20% of its holds owned in the Inner Mongolia Dairy joint venture. Simultaneously, the French giant announced the acquisition of the totality of Dumex Baby Food Co Ltd, a Chinese manufacturer of infant milk formula products, that had been previously sold by Danone to Mengniu in 2016. In a statement, Danone said: …
India based food firm, Adani Wilmar, has announced the acquisition of the rice brand Kohinoor from McCormick Switzerland GMBH. According to sources, Kohinoor was one of the pioneers in the branded basmati rice in India, and the company has a portfolio that includes the brand Kohinoor for premium basmati rice, Charminar for budget rice, and Trophy for the HORECA segment. This acquisition will give Adani Wilmar exclusive rights over the …
Proper Crisps, a New Zealand crisps brand, has announced the opening of a new manufacturing plant in Yarra Valley, near Melbourne, to manufacture its crisps using Australian potatoes. According to sources, Proper Crisps has been selling New Zealand made crisps in Australia since 2019 and the demand for their products in Australia doubled in 2021. With this investment, the firm is aiming to continue to grow in the Australian market. …
Maruha Nichiro, a seafood processor, has announced that it has invested in US based frozen-food business Happi Foodi. Happi Foodi, which was originally a producer of Belgian waffles called Waffle Waffle. was renamed Happi Foodi after a rebranding in 2018, as it started to diversify, producing frozen ready meals, pizza, snacks, and appetisers. According to sources, Happy Foodi supplies its products to retail chains and also produces private label products. …
UK based multinational firm Diageo, producer of alcoholic beverages, has announced the agreement to sell its premium Scotch whisky brand, Windsor, to Bayside/Metis, a South Korean private equity group. According to sources, the agreement includes the brand’s W Series, and Bayside Private Equity and Metis Private Equity consortium are purchasing it for the price of KRW 200 billion (around $164 million). Sam Fischer, president of Asia Pacific and global travel …
New Zealand dairy firm Fonterra and Indian food-led FMCG company Future Consumer have agreed to end their dairy joint venture in India. Fonterra is a global dairy nutrition company owned by 10,000 farmers and their families, united by a fundamental belief in the power of dairy to make a difference, while Future Consumer builds brands for India’s Fast Moving Consumer Generation. The joint venture between both companies started in 2018 …
Mondelez International, the snack and confectionery multinational, has announced it has completed a $23 million expansion of its Oreo facility in Indonesia. The investment will increase the production capacity of the biscuits factory, by using the latest technologies, to meet the growing demand of consumers in 35 countries across Southeast Asia and the broader Asia Pacific and Middle East region. “I am very proud to be investing in Indonesia – …
FrieslandCampina Engro (FCE) has announced the launch of the Pakistan-Netherlands Dairy Development Centre in collaboration with the University of Veterinary and Animal Sciences. According to the company’s press release, the centre will focus on sharing Dutch dairy expertise with Pakistani experts and decision-makers in dairy research and the dairy industry. The centre will offer conferences, training, research projects, PhD development, experience visits and policy development through the combination of dairy …
Healthways Dairy & Food products, one of India’s emerging dairy companies, has opened a new dairy facility in Gorakhpur to meet the demand of consumers in the region. According to sources, the new dairy facility, which has been equipped with best-in-class technology, will cut the journey and will make more accessible dairy products to the people of Gorakhpur and neighboring areas. Healthways Managing Director Mr. Narendar Nagar commented, “Healthways’ No …
Asian dairy producer has opened a $139 million ice cream facility which will become the country’s largest ice cream factory in Indonesia. The facility will have a daily production capacity of four million ice cream to meet the increasing demand for Joyday ice cream products, and it is expected to create more than 5,000 new jobs. “Local consumers’ clear preference for and trust in our products has reinforced Yili’s confidence …
Philippines-based food and drink company Universal Robina Corporation (URC) has announced the acquisition of Munchy Food Industries for MYR 1.93 billion (approx. $453.8 million). Founded in 1991, Munchy Food Industries is a Malaysian- based biscuits manufacture with a wide portfolio of brands such as Munchy’s Cream Crackers, Lexus Cream Sandwich, Oat Krunch, Muzic Wafer, and Choc-O cookies, selling its product in over 50 countries worldwide. URC’s president and CEO, Irwin …
Diageo, the leading alcoholic drinks firm, has announced the construction of a $$75 million whisky distillery in China. The Diageo Eryuan Malt Whisky Distillery, described as the first factory of its kind in China, will be built in a area selected for its temperate climate, rich natural biodiversity, and access to natural spring water in the Yunnan Province, Diageo said. “China is the world’s largest beverage alcohol market and the demand …
Lark Distilling, Australia’s leading single malt whisky distillery, has announced the acquisition of Kernke Family Shene Estate, in an A$40 million ($29 million) deal. The acquisition of Kernke Family Shene Estate, the owner of the Pontville Distillery and Estate, will include 40 acres of land and buildings, a 130,000-litre distillery, a cellar door, eight bond stores, a working cooperage, and the historic stables and homestead. Lark Distilling managing director Geoff Bainbridge said the …
Yeo Hiap Seng (Yeo’s), a food and drink company based in Asia, has announced an investment of 20 million MYR ($4.8 million) in a high-speed combi production and filling line in Malaysia, according to a FoodBev report. The “Combi Line”, which is said to be the first of its kind in Malaysia, “fuels Yeo’s commitment to deliver on its brand promise, ‘Serving Up Goodness’, by innovating its manufacturing standards and …
Dr. Oetker, the leading food multinational, has announced the acquisition of India-based start-up Kuppies, marking its debut in the ready-to-eat cakes and desserts segment. Describing itself as an Indian company with a western palate, Kuppies specializes in western savoury and dessert products and has a product portfolio that straddles ambient, fresh and frozen foods. Oliver Mirza, Dr. Oetker India managing director and CEO, commented: “This acquisition will enable us to present Indian consumers a …
Thai Union, a leading seafood company, has announced a 10% strategic investment in food ingredients company R&B Food Supply (RBF) valued at around 3 billion THB ($90 million). Thailand-based RBF is specialised in flavours, colours, and coatings. With the acquisition, Thai Union said its intention was to accelerate its growth in the food ingredients industry. “We look forward to working closely with the RBF team to unlock growth as, together, we continue …
Diageo, the leading alcoholic drinks firm, has announced the creation of a new research and development (R&D) centre in Shanghai to develop products for the Chinese market. The state-of-the-art centre, which is said to be the first of its kind in the beverage alcohol sector in Shanghai ,will primarily support the China market and will strengthen Diageo’s ability to rapidly innovate and develop premium products that cater to Chinese consumer …
McCain has signed an agreement to sell its Australian Sara Lee baked foods business to New Zealand-based group South Island Office (SIO) for an undisclosed sum, according to a Food Business News report. Sara Lee will join Original Foods Baking, a complementary company acquitted by SIO in 2020, which makes brownies, slices and bites. The partnership will allow both businesses to gain exposure to new channels and markets, SIO said. …
Brazilian meat firm JBS has entered into an agreement to acquire Australian trout and salmon business Huon Aquaculture for A$425 million ($312.5 million), according to a FoodBev report. Based in Tasmania, Huon operates fish farms and markets fish products across Australia. According to sources, the purchase is a strategic acquisition for JBS, creating a new growth platform for the business within the aquaculture sector. Commenting on the deal, Peter Bender, Huon …
Heineken, the multinational Dutch brewer, has announced the acquisition of United Breweries Limited (UBL) the India-based brewing company. The movement comes after the acquisition of additional shares, taking its shareholding in UBL to 61.5% on 23 June 2021. According to Heineken’s press release, India is an existing long-term growth opportunity for the company due to the emerging middle-class population in a country with a population of nearly 1.4 billion people. …
Savola Group, a Saudi food conglomerate, has signed an agreement to acquire Bayara, a UAE-based manufacturer of nuts, spices, grains, pulses, dates and other dried fruits, for $260 million. Founded in 1993, Bayara is said to process 23,000 tonnes of goods a year, operating in the UAE and Saudi Arabia with a workforce of 900. Savola sells staples, such as olive oil and sugar, with sales in fifty countries. According …
Global retailer Spar has announced a partnership with Guizhou Heli Supermarket Group, a retailer that operates over 100 supermarkets, shopping centres, and department stores in Guizhou, China. The partnership has been in place since 1 July 2021 and will enable Spar to grow by expanding into Guizhou province, the company said. The partnership will allow Guizhou Heli to continue focusing on the local market, whilst collaborating with Spar to create …
Australian wine business Accolade Wines has announced the acquisition of the Lambrini perry brand from Halewood Artisanal Spirits for an undisclosed sum. Founded in 1994, Lambrini is a light and fruity perry manufacturer in the UK. According to sources, the deal follows Accolade Wines’ growth strategy to expand its presence in the UK. Lambrini will join Accolade Wines’ portfolio which already includes brands such as Hardys, Echo Falls, Jam Shed, …
New Zealand dairy firm Fonterra, has agreed to sell off its two joint-venture farms in China to Singapore-based AustAsia Investment Holdings for $115.5 million. Fonterra has a 51% stake in the business and will receive NZD88 million (US$62.3m) in total asset sale proceeds, including cash on completion. To Fonterra CEO Miles Hurrell, the sale is another important step for the Co-operative and aligns to its strategy of prioritising New Zealand …
Australian craft drinks firm Mighty Craft is set to add the Adelaide Hills Distillery, Mismatch Brewing, and Hills Cider brands to its portfolio through the acquisition of alcoholic drinks firm Adelaide Hills Group, in a deal worth A$47 million ($36 million). The Adelaide Hills Distillery’s range includes gins and Australian whisky under the 78 Degrees brand name, as well as a range of vermouths and aperitifs. The Hills Cider lineup …
British consumer goods multinational, Reckitt Benckiser has signed an agreement to sell its infant formula and child nutrition business in China to a private equity firm Primavera for $2.2 billion. The deal includes a manufacturing site in Nijmegen, the Netherlands and Guangzhou, China, and the royalty-free perpetual and exclusive licence of the Mead Johnson and Enfa family of brands in China. According to sources, Reckitt Benckiser will receive $1.3bn in …
Nestle Indonesia, a subsidiary of multinational food and drinks giant Nestle, has started the construction of a US$ 200million facility in Central Java. The 20 hectares of land facility will produce Bear Brand liquid milk and ready-to-drink beverages Milo and Nescafe to meet the consumer demand for dairy products in the region creating about 200 new jobs. Ganesan Ampalavanar, president director of PT Nestle Indonesia said: “We are optimistic about …
Taste and nutrition company, Kerry, has announced the investment of €30 million in the construction of a new manufacturing facility in Karawang, Indonesia. The new state-of-the-art facility is the largest investment that the company has made in the fast-growing markets of South East Asia. The facility will be Kerry’s second manufacturing site and third in Indonesia. The greenfield development will have a flavour manufacturing site along with a sampling hub …
US-based multinational Procter & Gamble (P&G) has announced the acquisition of the Australian brand Voost Vitamins. The Melbourne-based firm, Voost, is claimed to be the leading effervescent supplements brand in the country, available through in retailers and pharmacies and it is also distributed to Singapore, UK, and Hong Kong. Paul Game, P&G personal health care president, said: “This move enables us to expand our portfolio in Australia, beyond Vicks and …
Australian pie and pastry firm Patties Foods has announced the acquisition of the ready meal business Fitness Outcomes. According to Inside FMCG, the addition will allow Patties Foods’ annual sales to reach around AUD $500 million ($387 million). During the next two months, the production of the 20 refrigerated and frozen healthy ready meals will be moving to Patties Foods’ Packenham and Australian Wholefood sites, and afterwards the products will …
Mondelez International, the snack and confectionery multinational, has announced the acquisition of Gourmet Food, a leading manufacturer and distributor of premium entertaining food products, for an undisclosed sum. The movement is part of Mondelez’s strategy to strengthen its position in the snacking sector, following the recent acquisitions of Perfect Snacks and Hu Master Holding. Gourmet Food manufactures premium crackers and biscuits under the OB finest, Olina’s Bakehouse, and Crispbic brands …
Global food manufacturer Kerry Group has reached an agreement to acquire Chinese flavour and seasoning company Jining Nature Group for an undisclosed sum. Through the acquisition, Kerry Group plans to strengthen its presence in the Asia Pacific market. The firm also said it intended to bring a wide range of authentic local and regional taste technologies and application capabilities to the Kerry portfolio. Founded in 2020, Jining Nature Group is …
Thai Union Group, a world-leading seafood company, has announced an investment in BlueNalu, a cell-based seafood start-up. Founded in 2018, BlueNalu has developed what is claimed to be an innovative way to produce fish products directly from the cells of fish, in which the taste, texture and nutritional value of the products do not vary in the process. “Thai Union is an industry leader in innovation and sustainability, and cell-based seafood …
Food and drink giant Nestle has announced that it is introducing the plant-based brand Harvest Gourmet in China. According to a company’s press release, the plant-based range includes burgers, sausages, nuggets, and mince, as well as alternatives to meals such as kung pao chicken, braised meatballs, pork belly, and spicy wok. The new range will be produced in Tianjin, China in a new facility that is already fully operational and described …
Global potato company McCain has announced a $200 million investment to construct a second potato processing facility in China. In a statement, the company said the development comes as the company intends to meet the growing demand for its potato products in China, building on its 25 year presence in the country. The new potato processing plant will be located in Yangling Agriculture Hi-Tech Development Zone, Shaanxi Province and will expand McCain’s local …
Indonesian agri-food and poultry manufacturing business group Japfa has entered into an agreement to sell 80% of South-east Asia branded dairy business Greenfields to affiliates of investment firms TPG and Northstar Group for 236 million, according to reports in Food Business Africa and Straits Times. Founded in 1997, Greenfields has over 16,000 Holstein and Jersey cows which produce 43.5 million litres of milk per year. The milk is processed into a range …
Cheese firm Bega has entered into an agreement to acquire Australian company Lion Dairy & Drinks for AUD 560 million (USD 412 million). The news follows the announcement that the previously-announced sale of the business unit to Mengniu would not proceed. Lion Dairy & Drinks’ core business is the manufacture, marketing, sales, and distribution of milk based beverages, yoghurt, chilled juices, cream and custards, and milk. It is also described …
Multinational food and drinks giant Nestle has announced the sale of its Yinlu peanut milk and canned rice porridge business in China to Food Wise, a company linked to the family of the Yinlu founder, for an undisclosed sum. The move will allow Nestle to focus on its key categories in China such as coffee, confectionery, infant nutrition, culinary, dairy, and petcare, the company said As part of the deal, …
European bottler Coca-Cola European Partners (CCEP), has made an offer to buy Australian Coca-Cola Amatil (CCA) for A$9.28 billion ($6.62 billion). According to sources, the Australian bottler is backing the offer, which prices the company below the market valuation that was made in February. CCA has reportedly seen a decrease in profit since March, due to the shutdown of restaurants and pubs. CCA chief executive Alison Watkins said: “We are really confident about …
Chinese e-commerce giant Alibaba has agreed to acquire a controlling stake in grocery retailer Sun Art from Auchan for approximately $3.6 billion. Alibaba acquired a 36% stake in Sun Art in 2017, and has now increased its holding to 72%. The move indicates “Alibaba’s commitment to Sun Art and its strategy to integrate online and offline resources in China’s retail sector”, the company said. With over 400 hypermarkets and supermarkets, Sun Art …
Australian agribusiness firm SPC has announced the acquisition of a majority stake in The Kuisine Company, an Australian manufacturer of frozen ready meals and appetizers. The acquisition, which also includes wholly-owned brands such as The Good Meal Co, The Gluten Free Meal Co and, Simple Special, will allow SPC to expand as part of its strategy to become a global agribusiness, according to reports. SPC CEO Robert Giles said: “By …
The Australian division of New Zealand dairy firm Fonterra has announced that it has signed an agreement to purchase cheese processing firm Dairy Country from food and beverage company Retail Food Group. According to a Fonterra press release, the acquisition will support the company’s core strengths in the Australian retail cheese category, since Fonterra holds a market share of 23%, with a portfolio that includes brands such as Perfect Italiano, …
Plant-based meat producer Beyond Meat has announced plans to build two production facilities located in Jiaxing, China The firm said the investment said would make it the first plant-based company to build its own major manufacturing facilities in China. Micky Pant, senior advisor at Beyond Meat, said: “Beyond Meat is building the perfect road to long term success in China. It has the confidence to set up dedicated, cutting edge production …
US-based household firm Kimberly-Clark has announced the acquisition of personal care manufacturer Softex Indonesia for $1.2 billion. Present in Indonesia since 1976, Softex is described as a producer of hygiene products for children, woman, and adults, with nappies being its most important category. According to Kimberly-Clark, the acquisition of Softex will allow the company to “boost its presence in the lucrative South East Asia market”. Mike Hsu, chairman and CEO of Kimberly-Clark, said: …
Scandinavian consumer goods giant Orkla has announced the acquisition of a majority stake in India spice exporter Eastern Condiments for an undisclosed sum. Founded in 1983, Eastern Condiments Private has seven production facilities, with a workforce of around 3,000. Orkla said it would use the acquisition to “grow its position as one of the leading branded food players in India” and “have a platform for further growth in the spice …
Kirin and Mengniu have announced that they will not complete their planned million transfer deal for tLion Dairy & Drinks, which was announced towards the end of 2019. The deal between the two companies had been awaiting approval from Australian competition regulators. Reuters noted that the announcement followed a media report last week that the deal might be in jeopardy after the approval of a foreign investment law in July. “This is an …
Global soft drinks giant Coca-Cola and its bottling partners have announced plans to invest $75.3 million on new production lines and a factory in China, according to a FoodBev report. Swire Coca-Cola China, one of Coca-Cola’s bottling partners, is said to be investing $36.2 million in six new production lines, creating an estimated output of $246 million worth of soft drinks per year, while COFCO Coca-Cola Beverages, another bottling partner, …
Unilever, the multinational consumer goods giant, has announced an investment of $112 million to expand its ice cream production facility in Taicang, China. Built in 1996 and expanded in 2003 and 2013, this new expansion will cover an area of 66,000 square metres including factory lines, warehouses, offices, and will produce 150,000 tones of ice cream per year. According to Unilever, this investment “marks one of the biggest expansion efforts …
Leading US multinational Cargill has announced the launch of its first production facility in Asia, partnering with a local manufacturer in western India. According to sources, the manufacturing facility will open in 2021, with an initial production of 10,000 tons of chocolate compounds, and a workforce of 100 jobs. This investment is part of the Cargill’s plan to “become the leading supplier and trusted partner for our bakery, ice cream …
Indofood CBP, an Indonesian-based noodle company, has announced its plan to acquire Pinehill Group, an instant noodle producer for $3 billion. With a production of 10 billion packs in its 12 facilities, Pinehill Group sells instant noodles to countries like Serbia, Ghana, Morocco, Egypt, Turkey, Saudi Arabia, Kenya, and Nigeria. According to sources, Indofood CBP expects “to gain a strategic position in Pinehill’s markets, where halal products are the primary …
US multinational food and beverage company PepsiCo, has announced its plans to invest $100 million in Egypt this year, to expand its activities in the country. This investment is part of a 4-year commitment to invest a total of $515 million in the Egyptian market. As part of the investment, the company will expand the production lines of two of its subsidiaries from the food industry, Pepsi Cola Egypt and …
AB InBev, the giant brewer, has completed the sale of Carlton & United Breweries (CUB), its Australian subsidiary, to Asahi Group for approximately $11 billion. With this acquisition, Asahi Group will have the rights to commercialise AB InBev’s international brands in Australia. According to sources, the proceeds from this deal will be used to pay down AB InBev’s debt. Carlos Brito, CEO of AB InBev, said: “Despite the challenging environment, …
Cocoa processor Barry Callebaut Group has announced the acquisition of GKC Foods, a chocolate producer, for an undisclosed sum. Based in Melbourne, GKC Foods is a privately-owned B2B chocolate manufacturer, specialised in high-quality chocolate and chocolate related products. According to sources, this acquisition allows Barry Callebaut Group to establish a direct presence and manufacturing capacity in Australia, expanding its position on the Australian and New Zealand markets. Ben De Schryver, …
Multinational food and drinks giant Nestle, has announced an investment of $103.58 million to build the first plant-based food facility in China. The investment will include the expansion of the existing pet food plant, an upgrade of the production line of confectionary business, the fist plant-based production facility in Asia and will also further develop its Tianjin Nestle Quality Assurance Centre. The company sees this trend as “a significant opportunity” …
Thai enterprise TCP Group has announced its plans to invest ¥1.06 billion ($149.3 million) to expand its presence in the Chinese market, over the next three years. This investment intends to support its local partnerships, establish a new representative office, in-country team, and manufacture centers as well as support the launch of new Red Bull products and other products from the company’s portfolio. According to sources, the company expects this …
Multinational food and drinks giant Nestle has launched NesQino, a customisable functional beverage product on the market in China. NesQino offers a digitally connected Q-cup machine, a variety of superfood sachets, and three base sachets: smoothie, oat shake, and milkshake. Consumers can choose from 21 different flavour recipes, which are made from 100% natural ingredients such as fruit, vegetables, nuts and seeds, and probiotics. Mayank Trivedi, head of Nestle’s dairy …
The Singaporean agri-food company Japfa, has announced the sale of 25% stake of AustAsia Investment Holding to the Japan-based group Meiji, for US$ 254.4 million. Dedicated to the production of milk, yoghurt, ice cream and confectionery, Meiji business has been registered a steady expansion due to the growing demand for chilled milk and the rise of health-conscious consumers. AustAsia is a dairy farming business, operating seven farms in China with …
Unilever, the Anglo-Dutch consumer goods giant, has announced the completion of the merge between GSK Consumer Healthcare (GSK India) and its Indian Affiliate, Hindustan Unilever Limited (HUL). The deal, previously announced in December 2018, was subject to legal and regulatory approvals, which are now secured. In addition to this merge, HUL will acquire the Horlicks Brand in India to GSK for $404.59 million. Brian McNamara, CEO of GSK Consumer Healthcare, …
Coles, the leading Australian retailer, has announced the acquisition of Jewel Fine Foods, following approval from the Australian Competition and Consumer Commission (ACCC). Based in New South Wales, Australia, Jewel Fine Foods started in 1997 as a restaurant. Today, it is one of the largest manufacturers of chilled meals in Australia, supplying private and branded label products to Aldi, Costco, Woolworths, and Metcash. After a potential merger between Jewel Fine …
ProviCo, an Australian-based animal nutrition company, has announced the acquisition of the Dennington milk processing plant to Fonterra Australia. Described as one of the leading companies in animal nutrition in the country, ProviCo is a manufacturer of feed and vitamin fortified products for farm animals. According to sources, since the announcement of the factory closure back in May, Fonterra has been looking for a potential buyer for the Dennington factory …
Megmilk Snow Brand, a Japan-based dairy company, has launched what is said to be the first yoghurt drink that can reduce nose and eye discomfort due to allergies. Launched under the name of Nyu-San-Kin Helve, the yoghurt drink is said to have a lactic acid bacterium present on its formula named L.helveticus SBT2171, which was demonstrated to reduce allergy symptoms. According to the company, each bottle of yoghurt drink has one …
PepsiCo, the US multinational food and beverage maker, has announced the acquisition of snack brand Be & Cheery from the Chinese company Haoxiangni Health Food for $705 million. Founded in 2003 and headquartered in Hangzhou, Be & Cheery is one of the largest online snacks companies in China and reported revenues of approximately 5 billion RMB ($710 million) in 2019. It is said to have product offerings across nuts, dried …
Schwarz Group, the retail giant behind the Lidl and Kaufland store chains, has announced it is abandoning plans, first reported in 2016, to open Kaufland stores in Australia. “After careful and thorough consideration, Kaufland has decided to undertake an orderly withdrawal from the Australian market”, Kaufland said in a statement, adding that it would be “concentrating its business on its European core markets in the foreseeable future”. Inside Retail reports …
Varun Beverages, the Indian soft drinks firm, is expanding production capacity in Africa with the inauguration of the second phase of its bottling plant in the Zimbabwean capital Harare, according to a report in Food Businesss Africa. The expanded plant, a franchise bottling operation for PepsiCo, now features three further production lines, in addition to the first PET line opened in 2018. Commenting on the investment, Varun Beverages chairman Ravi Jaipuria said: “The additional …
AB InBev subsidiary Carlton & United Breweries has announced the acquisition of Balter Brewing, a craft brewer based in Gold Coast, Australia, for an undisclosed sum. Balter Brewing, which brews a range of pale ales and lagers, is said to have witnessed strong growth since launching in 2016. The company said the the deal would help it achieve its sustainability goals, as well as allowing it to upgrade capacity and hospitality at its …
Lion Australia, the Kirin-owned Australian food and drinks manufacturer, has announced it has reached an agreement to sell its Dairy & Drinks business to Chinese dairy firm Mengniu in a deal valued at A$600 million ($406 million). The sale includes all white milk, milk-based drinks, yoghurt, juice and water ice brands and assets, as well as Lion Dairy & Drinks’ International business, its share of the joint ventures Vitasoy Australia Products and …
Unilever, the Anglo-Dutch FMCG firm, has announced it is consolidating production of Weis ice creams in Australia at its site in Minto, New South Wales, meaning the long-standing Weis factory in Toowoomba, Queensland will close. “The ice cream market – in terms of costs, competition and distribution channels – has changed very quickly and pressure on our business has significantly increased”, Unilever Australia & New Zealand CEO Clive Stiff said. Unilever …
Consumer goods giant Nestle has announced it has opened a plant in Shuangcheng District, Harbin City, in the Heilongjiang province of China, which is said to be the company’s first Chinese factory dedicated to the production of Gerber Nutripuff infant cereal snacks. The factory, built at a cost of around 100 million CYN ($14 million), will produce organic and regular Gerber NutriPuffs in a total of eight flavours. The products will be packed …
Fraser and Neave, the Singapore-based brewing firm, has announced it is returning to Myanmar with the start of commercial operations at its new Emerald Brewery in Hlegu Township, Yangon. The $70 million facility will brew and market Chang Lager beer, as well as building distribution across Myanmar. Annual beer capacity at the site will be 500,000 hectolitres. Commenting on the investment, Fraser and Neave CEO Edmond Neo said: “Our ambition is to …
Mengniu, a leading Chinese dairy firm , has made a bid to acquire Bellamy’s, Australia’s largest organic infant formula producer, for approximately A$1.5 billion ($1.03 billion). Bellamy’s produces, supplies and markets a range of organic food and infant formula for babies and toddlers, sourcing ingredients from Australian and international suppliers. Bellamy’s products are distributed in Australia, Vietnam, Singapore, Malaysia, New Zealand and China, including Hong Kong. Commenting on the proposed …
Carlton & United Breweries, the beermaker and AB InBev subsidiary, has announced the acquisition of Riot Wine, an Australian wine firm using exclusively in kegs and cans, for an undisclosed sum. Riot Wine, which markets a flagship rose among other products, said its approach offers consumers a superior and more sustainable product. Launched in 2016, Riot Wine is now available across Australia in both the on- and off-trade. Commenting on …
Diageo, the global spirits giant, has announced it will close its manufacturing facility in Icheon, Gyeonggi Province, in South Korea in around nine months’ time, according to a report in The Spirits Business. The firm is previously quoted as saying that the Scotch whisky sector is experiencing a slowdown as consumers switch to lower-alcohol alternatives. Per Diageo’s fiscal 2019 results, net sales in Korea declined 11% due to lower sales …
Wine and spirits multinational Pernod Ricard has broken ground on a malt whisky distillery in Emeishan, China, as part of a $150 million investment by the company over the next 10 years, according to a report in Food Business Africa. The distillery, which will also house a visitor centre, will start production in 2021, with the first batch of whisky expected to be released in 2023. Commenting on the investment, …
Kirin, Japan’s second-largest brewer, has announced it is foraying further into the health and beauty space with the ¥129.3 billion ($1.22 billion) acquisition of a 30.3% stake in cosmetics and health food maker Fancl, according to a report in the Nikkei Asian Review. The alliance between the two firms will reportedly focus on the joint development of health foods, drinks and supplements. The companies are also said to be considering …
The Malaysian division of Japanese seasoning firms Ajinomoto is set to invest 355 million MYR ($84.62 million) to build a new production plant for halal foods on a plot of land located in Seremban, in Negeri Sembilan, according to a report in The Edge Markets. The company is said to have recently acquired the freehold plot for 86.1 million MYR ($20.5 million). Commenting on the move, Ajiinomoto is quoted as …
The Indian arm of Swiss consumer goods giant Nestle has announced plans to invest an initial sum of 700 crore INR ($98.6 million) over the next two years to set up a new plant for Maggi noodles. Located in Sanand, Gujarat, the factory will be Nestle’s ninth in India and the fourth dedicated facility for Maggi noodles. Commenting on the move, Suresh Narayanan, Nestle India chairman and managing director, said: …
Consumer goods giant Nestle has announced the expansion of three factories in Indonesia through a $100 million investment. Upgrades to the three factories, located in Karawang (West Java), Kejayan (East Java) and Panjang (Lampung) will increase Nestle’s current production capacity in the country by 25%, the company said. “We recognize an increasingly conducive business opportunity in Indonesia, coupled with the growing consumer demand towards Nestle’s nutritious and high-quality food and …
PepsiCo, the US based drinks and snacks giant, is planning to invest 514 crore INR ($74.7 million) over the next three years to set up a snack manufacturing plant in Uttar Pradesh, northern India, according to a report in the Economic Times. The new plant is expected to create over 1,500 direct and indirect jobs, the company said in a statement. Commenting on the move, PepsiCo India president and CEO …
Global snacks and drinks giant PepsiCo has acquired a stake in Natural Food International, one of China’s largest natural food firms, according to media reports. PepsiCo’s 26% stake in the Shenzhen-based company will reportedly make it Natural Food International’s second largest shareholder. Natural Food International makes products from grains, nuts, and beans, with a focus on grain-based premium nutrition powder. Described as China’s second largest natural food producer by retail …
Nissin, the instant noodle maker, has announced its plans to invest 180 million CYN ($26.19 million) to build a new production plant in Zhuhai, southern China, for the manufacturing of packaging materials. The company said the investment would facilitate its business growth and development in Hong Kong and the rest of China. The plant is due for completion by 2021. Commenting on the move Nissin executive director, chairman of the …
Intersnack, the Germany based-snack giant, has acquired a 40% stake in Universal Robina’s Australia and New Zealand business URC Oceania, according to ESM and Inquirer.net reports. The partnership is intended to boost the two companies’ presence in the region’s snack food market. Intersnack will reportedly pay for the transaction through a combination of cash and shares in Yarra Valley Snack Foods, the company’s natural snack food unit in Australia. In …
Suning.com, China’s third largest e-commerce platform, is planning to buy an 80% stake in Carrefour’s Chinese business for 4.8 billion CNY ($698 million), according to a report in Bloomberg. The deal values Carrefour’s China unit at 0.2 times its 2018 sales, compared to an industry average of 0.8, the news agency added. Carrefour is described as a foreign retail pioneer in China, having first entered the market in 1995. However its …
Kerry Foods, the Ireland-based food firm, has announced the official opening of a new €20 million ($23 million) production facility in Tumkur, India, 120km from Bangalore. The new 40,585 sq m plant will serve Kerry Taste & Nutrition’s global and regional customers in the South West Asia region, the company said. “Our Tumkur facility will enable Kerry to offer a broader range of technologies, and more comprehensive scientific research and …
Coca-Cola Amatil (CCA), one of the largest bottlers of non-alcoholic ready-to-drink beverages in the Asia-Pacific region, has announced it has reached a deal to sell the SPC fruit and vegetable processing business to Shepparton Partners, a joint venture between Perma Funds Management and The Eights, for A$40 million ($28 million). CCA originally announced it was putting its SPC unit up for sale last August. Commenting on the deal, CCA group …
German discount retailer Aldi is planning to open two physical stores in China, according to reports in Retail Detail and the South China Morning Post. The stores are to be located be in the Shanghai region (in the Jing’an and Minhang districts), supplied by a new distribution centre also to be built in the locality. Aldi has been present in China as an online store since 2017 via Alibaba’s online …
Fonterra, the New Zealand based dairy giant, has announced it is to close its processing plant in Dennington, Australia due to overcapacity and constrained milk supply. The closure of the factory, which is located in the south west of the state of Victoria and currently produces “lower value” products, comes amid “significant changes, including a declining milk pool” in the Australian dairy industry, Fonterra said. Commenting on the news, Fonterra Australia …
A new instant coffee plant built for Indian drinks conglomerate Tata has opened its doors in the Binh Duong province of Vietnam, the firm’s construction partner GEA has revealed. The plant, Tata’s first instant coffee factory outside of India, will reportedly produce 5,000 tonnes of instant coffee per annum. In a previous statement, Tata said: “We believe that Vietnam will not only open up new markets for us, but it …
Kameda Seika, a Japanese snack firm, is forming a joint venture with LT Foods to produce its flagship crispy rice cracker in the northern Indian state of Haryana, according to a report in the Japan Times. LT Foods is described as a leading local food maker engaged in the milling, processing and marketing of branded and non-branded basmati rice, as well as the manufacturing of rice-based products for its domestic …
Saputo, a Canadian dairy company, has announced that it has entered into an agreement to acquire the specialty cheese business of Lion Australia for A$280 million ($197 million). The deal is said to include all of Lion Australia’s specialty cheese brands, including King Island Dairy, Tasmanian Heritage, South Cape, Mersey Valley, Heidi Farm and Australian Gold, as well as cheese manufacturing assets at Burnie (The Heritage) and King Island (King …
Tata subsidiary Tata Global Beverages, the world’s second largest tea producer, has announced it has reached a deal to acquire the total branded packet tea business of rival Indian firm Dhunseri for a total consideration of 101 crore INR ($14.4 million). The proposed acquisition, which includes the brands Kala Ghora and Lal Ghora, is said to be subject to due diligence, the signing of definitive binding agreements and other approvals. …
Suntory, the leading Japanese drinks firm, is rolling out a new version of its flagship Pepsi cola that is said to be based on popular Japanese flavours. Labelled Pepsi Japan, the new product is reported to be flavoured with the Japanese citrus fruit yuzu as well as a “a carefully balanced combination of spices [and] a subtle flavour of salt”. The cola will be available from 9th April in regular and …
Bubs Australia, a goat milk products manufacturer, has agreed to acquire infant formula producer Australia Deloraine Dairy for a consideration including A$25 million ($17.8 million) in cash and A$10 million ($7.1 million) in shares, according to a FoodBev report. Australia Deloraine Dairy is a multinational food company predominately involved in manufacturing and marketing dairy, staple and natural foods. Its Melbourne facility is said to have the capacity to process 10 …
Lion, the Kirin-owned Australian food and drinks firm, is expanding further in the non-alcoholic drinks space with the acquisition of New Zealand ice tea brand Teza. Teza previously belonged to Greenstone Drinks and is described as the first “real-brewed” iced tea in New Zealand. The product is said to be made with batch brewed organic leaf tea and is available in flavours such as Feijoa & Lime Blossom and Lemon …
Chinese dairy firm Yili has announced that it is set to acquire New Zealand’s Westland Milk Products, a New Zealand dairy firm, via its subsidiary Hongkong Jingang Trade Holding for an enterprise value of 588 million NZD ($400 million). Westland Milk Products manufactures a range of dairy products and ingredients for foodservice, industrial and retail clients. Its retail lineup includes Westgold butter and UHT milk, and the make-at-home yoghurt brand …
Nestle, the Switzerland-based consumer goods giant, has announced an expansion of its research and technology activities in China with the inauguration of a new research & development centre in Beijing and a system technology hub in Shenzhen. In a statement, Nestle said the new R&D centre would enable it to accelerate trend-based innovation in China to meet fast-changing consumer demand. The site, accommodating over 40 R&D specialists with expertise in …
Australian beverage and dairy company Lion is making its first major foray into the spirits sector with the acquisition of a 50% stake in Four Pillars Gin. Founded in Healesville in 2013, Four Pillars Gin is a craft distiller offering gins such as Rare Dry, Spiced Negroni, Navy Strength and Bloody Shiraz. It currently has distribution in 25 markets worldwide including UK, Nordics, Singapore, New Zealand or USA. Lion added …
McCain, the Canada-based frozen potato firm, is expanding its french fry chip manufacturing site in Smithton, Australia through a A$40 million ($28.3 million) investment, according to Australian media reports. Tasmania Talks reports that, following the upgrade, Smithton will become McCain’s main french-fry production facility in Australia and New Zealand. As a result of the investment, McCain will be capable of manufacturing 25 new retail products and providing additional capacity across …
Halewood, the UK-based wine and spirits firm, is expanding its footprint in Australia by buying local spirits firm Ironbark Distillery and setting up a dedicated Australian division, according to a report in Spirits Business. Based in New South Wales, Ironbark Distillery markets vodka, gin, rum and moonshine, which are described as being produced using local mountain spring water. Under the terms of the deal, the distillery’s flagship brand Ironbark Dry …
7-Eleven, the world’s largest convenience retailer, has revealed it is entering the Indian market for the first time through a master franchise agreement with a subsidiary of Future Retail. The new master franchisee plans to build 7‑Eleven stores as well as convert some of its existing locations to the 7‑Eleven brand, with the first store set to open this year, the company said, adding that “internationally popular” products, beverages, snacks and …
Varun Beverages, PepsiCo’s Indian bottling partner, is set to acquire PepsiCo’s company-owned bottling, sales and distribution operations in the south and west regions of India, according to a report in the Economic Times. Varun Beverages is already the franchise partner for PepsiCo’s bottling operations in the North and East, having acquired those divisions in 2014. The latest acquisition, the value of which is said to be between 24 and 27 billion INR ($340 and $380 …
Lactalis, the French dairy giant, has announced it has acquired the Indian milk processor Prabhat Dairy, with the operation set to be effective at the beginning of the second quarter of 2019. Economic Times reports that Lactalis paid about 1,700 crore INR ($283 million) through a slump sale, and that the deal includes Prabhat Dairy’s milk processing business as well as its subsidiary Sunfresh Agro Industries. Established in 1998 in Shrirampur, Maharashtra, Prabhat Dairy …
Ajinomoto, the Japan-based seasonings and ready meals firm, has announced plans to construct a new plant to manufacture soup and other products at its Kawasaki site at a cost of 20 billion JPY ($180 million). The company said the new plant was part of a strategy that includes the restructuring of the value chain of its Japan Food Products business, and will achieve flexible production capabilities and high productivity (about double current levels) …
FMCG giant Unilever has announced it has secured a deal to acquire GSK’s health consumer products division in India, Bangladesh and other predominantly Asian markets, for a total consideration of €3.3 billion ($3.8 billion). The transaction is said to consist of an all-equity merger of Hindustan Unilever Ltd with GSK Consumer Healthcare India, the acquisition of an 82% stake in GSK Bangladesh Limited, and the acquisition of certain other commercial operations and assets outside India. …
FMCG multinational Nestle has announced the launch of its first products developed by its incubator team in China. According to Nestle, the products were released under the new brand name Xingshan and comprise three herbal drinks and three herbal soups, offering the benefits of Chinese medicine and cuisine. Developed jointly by the Nestle China incubator team and the company’s brand division Totole, the new products are said to feature rose, …
Vitasoy, a manufacturer and distributor of plant-based food and beverages, has announced a 1.21 billion HKD ($154 million) investment to build a new manufacturing facility in Dongguan, China. 100,000 sq m in size, the Vitasoy facility will be the firm’s largest production facility in mainland China and it is expected to be operative by 2021. Winston Lo Vitasoy’s executive chairman commented, “Mainland China is now our biggest and fastest growing …
Multinational food and beverage company Kraft Heinz has annoucned an agreement to sell its India brands to consumer health firm Zydus, the personal care arm of Indian pharmaceutical company Cadila Healthcare, for approximately $625 million on a debt free and cash free basis. The portfolio of brands includes Complan, Glucon-D, Nycil and Sampriti. “The sale of this niche business fits into our overall global growth strategy and our focus on investing in …
Nestle’s Malaysia arm is to invest over 100 million MYR ($24 million) to expand its Chembong Milo production facility, investing in what the company describes as a “key manufacturing hub”. According to Nestle, the Chembong facility expansion will establish the world’s biggest Milo manufacturing centre, with capacity to better meet growing local and export demand. “This move is an investment to further strengthen our Nestle presence in Malaysia”, commented Alois Hofbauer, CEO of Nestle …
Australian fruit and vegetable cannery SPC, part of the Coca-Cola Amatil group, has sold the IXL jam and Taylor’s marinade and sauces brands to Kyabram Conserves. Terms of the sale were not disclosed. According to a company statement, Kyabram Conserves will continue to produce IXL and Taylor’s products from the site in Kyabram. “IXL and Taylor’s are great brands, but the Spreads and Sauces/Marinades categories were a small part of the …
Nestle, the Swiss consumer goods giant, has expanded its product range with the launch of a new Kit Kat variety for its Southeast Asian market. The new Kit Kat Duo Milk Tea was launched in Thailand, Malaysia and Singapore. According to Nestle the new flavour is a “full-bodied, creamy and soothing flora scent of a steaming cup of hot Milk Tea” that maintains its traditional crispy wafer centre while featuring …
The Australian arm of soft drinks giant Coca-Cola has announced the acquisition of kombucha maker Organic & Raw Trading , owner of the Mojo organic live culture kombucha drinks brand. The acquisition of Mojo sees Coca-Cola enter the kombucha category for the first time. Commenting on the acquisition, Coca-Cola Australia president Vamsi Mohan said: “This is another important step in our company’s ongoing work to offer beverages for all occasions, which …
Leading bakery and snacks producer Mondelez International has announced the launch of its cookie brand Oreo in two unconventional flavours. A limited edition for the Chinese market, the new Hot Chicken Wing flavour, featuring a buffalo sauce-esque orange cream, and Wasabi green, were announced by the firm on Twitter. Mondelez International has also announced a contest on Twitter and Instagram that invites Oreo fans to suggest the next limited edition, …
Indian snack food company Prataap Snacks has announced the acquisition of an 80% of share in Avadh Snacks, a Gujarat based snack food company, for 148 crone INR ($2.1 millon ). Prataap Snacks manufactures fried and sliced crisps made from potatoes, hummus, lentils, and namkeen, a type of traditional savoury Indian snack, under the Yellow Diamond brand name, while Avadh Snacks manufactures namkeens under the Avadh brand name. Amit Kumat, …
Nestle, the Swiss consumer goods giant Nestle, has announced that it is “considering alternative options” for its Lean Cuisine brand in Australia. The announcement comes after Simplot revealed that it will not renew the licence agreement that it signed in 2009 to manufacture and market Lean Cuisine under licence in Australia. The decision was taken as part of Simplot’s strategy to exit the frozen meals category and focus on its …
Cola-Cola Amatil, the Australian softt drinks and food firm, has started a “strategic review” of SPC, an Australian processor of packaged fruit and vegetablea. According to Alison Watkins, managing director of Coca-Cola Amatil, the review coincides with the completion of a four-year, A$100 million ($72 million) co-investment in SPC in conjunction with the Victorian government. “We believe there are many opportunities for growth in SPC, including new products and markets, further …
Freedom Foods Group, the Australia based cereal and snacks producer, has announced the acquisition of nutrition products manufacturer Crankt Protein for A$3.5 million ($2.5 million). Based in New South Wales, Crankt Protein produces protein snack bars and shakes which are sold in Australia and New Zealand through fitness retailers, petrol stations and other channels. Freedom Foods Group manufactures and markets breakfast cereal, snacks, dairy and non-dairy milk as well as …
Fonterra, the multinational milk processor, has announced that it has joined forces with the consumer goods firm Future Consumer, part of Future Group, to market dairy products in India. The new venture, which is to be called Fonterra Future Dairy Partners, will market a range of products for both retail and foodservice channels that will “help meet the growing demand for high-quality dairy nutrition in India”, according to a company statement. …
Hindustan Unilever, the Indian arm of the Anglo-Dutch multinational, has announced the acquisition of the ice cream brand Adityaa Milk from Vijaykant Dairy for an undisclosed sum. The firm said the proposed acquisition was in line with its strategic objective of strengthening its position in the rapidly growing ice cream and frozen dessert market in India. Incorporated in September 2004, Adityaaa Milk is described as a fast-growing brand with origins …
Multinational brewer Heineken has announced the signing of a non-binding agreement with China Resources Enterprise (CRE) and China Resources Beer (CR Beer) that will strengthen the Dutch firm’s presence in the Far East. The $3.1 billion agreement will create a long-term strategic partnership in which Heineken will become a 40% minority partner of CRH Beer, the Chinese beer market leader and controller of CR Beer. Under the terms of the …
Gama spoke to Mithun Appaiah, Chief Executive Officer, Sumeru (Innovative Foods Ltd). How is the way food companies are looking to reach and engage with consumers changing? “Consumer companies are currently grappling with both digital and traditional media. The choice of media and engagement depends on the category. Many brands are myopic and follow the digital trend without understanding the media that their specific target group consumes. Then there are …
US confectionery firm Hershey has announced the sale of Golden Monkey, a Shanghai-based confectionery brand, to Henan Yuxiang Food Technology for an undisclosed amount. The move comes as volume sales of sugar confectionery have reportedly declined in China as consumers switch to healthier options. Alongside confectionery, Golden Monkey also markets a tofu-based snacking brand called Munching Monkey. Commenting on the news, Hershey spokesperson Jeff Beckman said: “We are constantly evaluating …
PepsiCo, the global food and drinks giant, is to invest $100 million upgrading a facility located in Shanghai, China, according to a FoodBev report. The company said it was installing a new production line as well as adding advanced packaging and warehousing operations at the plant in Sonjiang. The investment will enable PepsiCo to meet demand for crisps from Chinese consumers. Commenting on the move, Ram Krishnan, president and CEO …
Britannia, the Indian food manufacturer, has announced plans to open a new manufacturing site in Assam, India, according to a report in the Economic Times. Located in the town of Rampur, the new site will reportedly manufacture a broad range of Britannia products to meet demand in north-eastern states. The unit will increase Britannia’s production capacity in Assam, where the firm already has two sites, from 30,000 to 90,000 tonnes annually. …
Bega Cheese, the Australian cheese firm, is to acquire a manufacturing facility in the state of Victoria, Australia from Canadian dairy giant Saputo, according to an ABC report. Saputo was required to sell the plant by Australian competition regulators as a result of its acquisition of dairy firm Murray Goulburn. Located in the town of Koroit, the plant is described as being one of the largest milk drying facilities in …
International frozen food giant McCain has announced a new range of ready meals in Australia, marketed under the name Slow Cooked. Described as being inspired by traditional dishes, the new line offers “a meal that delivers flavour and has a ‘homecooked’ feel without having to wait for hours for it to cook”. Available in a 300g size for an RRP of A$6.99 ($5.16), the new range comes in three options: …
Confectionery firm Darrell Lea has announced the purchase of the Life Savers brand from the Australian arm of multinational consumer goods giant Nestle for an undisclosed sum. The agreement will see Darrell Lea, which is owned by Quadrant Private Equity, acquire rights to the Life Savers brand in Australia and New Zealand. Darrell Lea will then move its confectionery manufacturing operation from New Zealand to Australia, with the production line …
Lion, the Australian drinks and dairy firm, has announced the acquisition of UK craft beermaker Fourpure Brewing Co for an undisclosed sum. Founded in 2013 by brothers Daniel and Thomas Lowe, Fourpure Brewing Co offers a range of beer “inspired by adventure”. The flagship range comprises Session IPA, Easy Peeler Citrus Session IPA, American Pale, Pils Lager and Oatmeal Stout. The company also offers a range of seasonal and special edition …
The Indian arm of FMCG giant Nestle, as part of its Cereal Partners Worldwide venture with General Mills, has announced the launch of a new range of family breakfast cereals range under the brand Nesplus. The firm had previously announced its intention to launch a line of cereals in the country. The range is said to feature a combination of multigrain wheat, rice, oats and millet, and will be available …
Century Pacific, a seafood processor, is setting up a new plant in General Santos City to cater for growing demand for tuna, according to a report in the Philippine Star. The firm, which enjoys a market leading position in canned fish in its domestic market, said the move was in line with its efforts to grow its business by 10 to 15% over the next 10 years. Funding from the project …
Soft drinks giant Coca-Cola, together with local partner Swire, has announced the opening of a new production plant in Yunnan province, China. Described as the largest Coca-Cola production plant south of the Yangtze River in China, the new facility is said to have achieved a gold certification of Leadership in Energy and Environmental Design (LEED). “The investment is another example of the Coca-Cola system’s commitment to investing and growing in China”, Coca-Cola said …
Manpasand Beverages, an Indian manufacturer of fruit drinks, has announced the construction of a new facility in the east Indian state of Odisha, according to a report in the Economic Times. The new plant, located in the Chhatabar Industrial Area in the Khurdha district of Odisha, is being built at a cost of 150 crore INR ($22 million) and is one of four new facilities the firm is currently establishing. The first, …
The dairy arm of Australian food and drinks firm Lion is launching a new version of its Farmers Union iced coffee enriched with protein and fibre, according to an article in Australian Food News. Named Edge, the brand extension is being made available in Original and Mocha flavours and is promoted as a quick ‘liquid breakfast’. The products are being made available through supermarket, independent and convenience channels across the …
MTR Foods, the Indian food manufacturer that is part of the Orkla group, is making an investment in the children’s food maker FirmRoots, according to a report in the Economic Times. The deal is the first to be concluded as part of Orkla’s 50 crore INR ($7.4 million) MTR Seed Fund, established last year to invest mostly in food-tech start ups in India. The amount of the stake and the …
The Indian arm of FMCG giant Nestle is to expand its portfolio in the country by producing and marketing a range of breakfast cereal products. The products set to be introduced come from the range of Cereal Partners Worldwide, Nestle’s global joint venture with US cereal maker General Mills. Nestle said the move, which has been approved by the board of directors of Nestle India, was “in line with the …
L’Oreal, the global beauty firm, has announced the acquisition of the Korean fashion and cosmetics firm Nanda for an undisclosed sum. Founded in the South Korean capital Seoul in 2004, Nanda is spearheaded by its make-up brand 3CE which today represents more than 70% of its business. The firm generated revenues of €127 million ($152 million) in 2017 and employs nearly 400 staff. Described as “a highly desirable brand among Korean and Chinese …
Australia-based food producer Patties Foods is launching a range of pies in partnership with winemaker Andrew Peace Wines under the Herbert Adams name. The new range is described as being made using wines from the Andrew Peace Wines range, which are produced in the Swan Hill region of Victoria. Labelled Herbert Adams Gourmet Wine Infusions, the line is available in the varieties Slow-Cooked Beef with Caramelised Onion & Cabernet Sauvignon, …
Parag Milk Foods, a dairy firm based in Maharashtra, India, is to acquire a manufacturing plant formerly owned by French dairy giant Danone with an investment of 30 crore INR ($4.5 million). The plant, located in Rai near Delhi, became available following Danone’s decision to exit the dairy sector in India and refocus its business in the country on infant nutrition, a move announced at the start of the year. “In …
Food and drinks giant PepsiCo is expanding its Doritos snack brand with the launch of a new line of crackers, exclusive to the Australian market. Available in the varieties Cheese Supreme, Mexicana, Texan BBQ and Sweet Chilli & Sour Cream, the new product range consists of oven baked “bite-sized” crackers that are designed to provide an “intense flavour hit”, according to the company. Doritos Crackers will be available across Australia …
Varun Beverages, PepsiCo’s bottling partner in India, has announced that construction has started on a new production facility in the northern state of Punjab. Located in the city of Pathankot, the new greenfield plant will add in-house production capacity for Tropicana fruit juices, Quaker Oats milk drinks and Gatorade energy drinks, according to a report in the Economic Times. The factory will reportedly be the first fully backward integrated facility …
Parmalat, the global dairy firm, has announced the launch of Ice Break Bold Espresso, described as the most highly caffeinated RTD coffee on the Australian market. Ice Break Bold Espresso is described as containing the equivalent of three shots of coffee (44mg of caffeine) per 100ml, and is further claimed to be a bold, creamy drink containing real coffee flavour, 100% robusta roasted coffee beans and fresh full cream milk. “We …
Consumer goods giant Unilever has announced it is to invest $120 in Pakistan over two years as it seeks to unlock “the country’s high potential for long-term growth”. The Anglo-Dutch giant said the majority of the investment would be used to enhance manufacturing operations across Unilever’s four factories in Pakistan. “We have been a part of Pakistan’s growth for nearly 70 years, during which time we have seen our business grow …
Coca Cola, the soft drink multinational, has announced plans to launch a ‘chu-hi’ style alcopop in Japan that will be the company’s first alcoholic drink in its 132 years of history. ‘Chu-hi’ is a canned sparkling flavoured drink that traditionally includes a distilled local beverage called shochu. The drink ranges in alcohol content from 3 to 8% and is described as being particularly popular with female drinkers. Commenting on the …
Western Australian meat company D’Orsogna has announced that it has begun construction on a A$66 million ($51.9 million) food manufacturing facility in the city of Melbourne, Victoria. The firm said the new plant, which will employ 240 people, would establish the firm as a national market leader in the smallgoods and meat protein food sector. Headquartered in Perth, D’Orsogna markets a range of cured and cooked whole and sliced hams, …
San Miguel Pure Foods, the Philippine food manufacturer, has announced plans to open a new facility for ready-to-eat products in Santa Rosa, Laguna, by the first quarter of 2019. One of the leading food companies in the Philippines, San Miguel markets brands including Magnolia, Purefoods, Tender Juicy, B-MEG, Monterey, Dari Creme and La Pacita. In a statement, the company confirmed that the new facility would produce fully cooked viands and …
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 a share buyback scheme through which it is targeting a total of 7% of Yakult’s …
The Australian arm of FMCG giant Nestle is launching an extension to its KitKat chocolate wafer range called KitKat 2 Ways, according to a report in Australian Food News. KitKat 2 Ways features two flavours, split half and half in the same ‘finger’: Mint 2 Ways combines “intense crisp mint” and “creamy smooth mint”, while Caramel Pretzel 2 Ways combines sweet caramel and salt caramel, both topped with a pretzel …
The Indian arm of global beer giant Carlsberg has announced that it has set up a new brewery in the state of Karnataka to further strengthen its capacity in the southern region of India. The new brewery will take Carlsberg’s total production facilities in India to eight. The “state-of-the-art brewery” is described as extending over 27.1 acres of land, with a green area of 48,000 sqm. Located in Nanjangud Taluka, near …
The latest innovation insight from Gama Compass MANCHESTER – 22nd January 2018: The latest effort by FMCG firms to get on board with consumers’ changing breakfast habits is the subject of this month’s Innovation Insight. Under the microscope is a launch that melds fuel-rich rice with the convenience of pouch packaging for a new kind of breakfast experience – Forbidden Brekky Rice. Promoted as “an easy way to kick off the day”, …
Darell Lea, an Australian confectionery firm, has been acquired by the investment fund Quadrant Private Equity for A$200 million ($160 million), according to a Foodbev report. The sweetmaker, whose fortunes have been revived since being placed in voluntary administration in 2012, is the manufacturer of products such as Rocklea Road, Soft Eating Liquorice and Little Brittle. The firm operates two production sites and has more than 200 employees. Commenting on the …
Swiss multinational Nestle has announced the launch of a new KitKat variety coated with cocoa processor Barry Callebaut’s “ruby” chocolate. The new variety, called Sublime Ruby, will go on sale as part of the KitKat Chocolatory series, which is available in Japan in boutique stores of the same name. In a statement, Nestle said that “the launch of breakthrough innovation like KitKat Chocolatory Sublime Ruby underlines Nestlé’s commitment to growing its leading …
French dairy multinational Danone has announced its intention to close its dairy unit in India in order to focus on its infant nutrition portfolio. As a consequence of the decision, the firm’s facility in Rai, near Delhi, which produces milk, smoothies, buttermilk and yogurt will ceases production, while its factory in Lalru , Punjab that produces infant nutrition products will continue to operate as usual. FoodBev reports that infant nutrition …
The Australian arm of consumer goods giant Nestle has announced it has reached an agreement to sell its confectionery bar brand Violet Crumble to the Adelaide-based company Robern Menz for an undisclosed sum. As part of the deal, Robern Menz will acquire the plant, equipment and intellectual property associated with Violet Crumble. Manufacture is set to transfer to the Robern Menz factory in Adelaide, South Australia in the coming months. …
Patanjali, the fast-growing Indian FMCG firm, is seeking to further expand its manufacturing operations with the proposed construction of a new food plant in the state of Chhattisgarh, India. The company, which manufactures ayurvedic products, has reportedly signed a memorandum of understanding to build a food and herbal processing unit in the village of Rajnandgaon at a cost of 671 crore INR ($106 million). According to a Business Standard report, the new facility …
Arla, the Danish dairy business, has announced that it is seeking to expand its footprint in south-east Asia via a joint venture with local player Indofood (ICBP). Describing southeast Asia as “a strategic growth region in Arla Foods’ strategy, Good Growth 2020”, the cooperative said that the new joint venture would handle sales, distribution and production of dairy products, but did not disclose further details about product portfolio, production or launch …
Asahi, the Japanese drinks giant, has announced that it is selling its 20% stake in Chinese beermaker Tsingtao Brewery in a deal worth about $941 million. The group first announced that it was looking to sell its holding in Tsingtao Brewery in October 2017. An 18% stake is being sold to the Chinese conglomerate Fosun for about $847 million, while Tsingtao Brewery itself will pay about $94 million for the …
ThaiBev, the leading Thai drinks firm, has announced that it has made a successful bid to acquire a majority stake in Vietnam’s state-owned beer maker Sabeco. In a statement, ThaiBev said it had agreed to acquire approximately 53.59% of all outstanding ordinary shares in Sabeco for an aggregrate price of approximately 156 billion THB ($4.77 billion). ThaiBev ultimately emerged as the only bidder for Sabeco, despite previous reports that a number …
ITC, the Indian consumer goods giant, has announced that it has inaugurated a new state-of-the-art food manufacturing and logistics facility in Kapurthala, in the state of Punjab, India. According to sources, the new plant, which is spread over 72 acres of land, will boost the Punjab’s food processing sector and help to strengthen the state’s economy. As well as generating employment, the company claimed in a statement that the facility …
Italian based coffee company Lavazza has launched Il Mattino Vivace, a new ground coffee product to be sold to consumers in India. According to sources, Il Mattino Vivace (Lively Morning) coffee is the first made by the firm in India from Indian coffee beans, and specifically for consumers in the country. The filter coffee, said to be mild and aromatic, is claimed to be made with beans sourced from the …
Soft drinks giant Coca-Cola is launching a new variant of its Maaza mango juice drink which will be sold under the name Maaza Gold, according to a report in the Economic Times. Maaza Gold is described as being a thicker and smoother version of the traditional mango drink, which has been available in India since the 1970s and which was acquired by Coca-Cola in 1993. The firm said the launch …
Jacobs Douwe Egberts, the world-leading specialist coffee maker, has made a bid to acquire the entirety of OldTown, a leading Malaysian manufacturer of coffee products and operator of coffee shops. In a statement, OldTown said the proposed pre-conditional cash offer for all the issued ordinary shares of OldTown represented a total aggregate consideration of approximately 1.47 billion MYR ($360 million). Founded in 1999, OldTown is involved n the manufacturing, marketing and …
International food manufacturer Ajinomoto has announced plans to introduce a new facility that will consolidate the R&D functions of its group companies Ajinomoto Frozen Foods, Knorr Foods and Ajinomoto AGF “to promote further creation of high-value-added products and to reinforce the structure of the Japan Food Products business”. The new facility is being built with an investment of approximately ¥6 billion ($53 million) and will be constructed on the site …
SLN Coffee, an Indian coffee processor, is entering the branded instant coffee space with the launch of the Levista label. The firm, described as one of the leading exporters of coffee from India, and one of the largest suppliers of roasted and ground coffees in the country, said it aimed to generate 100 crore INR ($15.5 million) revenue from the brand within three years. “We have been supplying quality green …
Pirate Life, a craft brewer based in Adelaide, Australia is to be bought by global beermaker AB InBev via its subsidiary Carlton United Breweries. Announcing the move in a statement, the two firms said the deal would enable Pirate Life to “continue its unprecedented growth path”. Established in 2014, Pirate Life produces a range of largely canned ales and stouts from its brewery in Hindmarsh, South Australia. The acquisition is …
PepsiCo, the food and soft drinks giant, is launching a new Joosy version of its Mirinda fruit-flavour soft drink in India. According to a report in the Economic Times, the new version of the carbonated soft drink will contain orange juice and pulp sourced from Indian farmers. The drink is first being introduced in the southern state of Tamil Nadu, with a 500ml bottle retailing at 35 INR ($0.54). The …
The latest innovation insight from Gama Compass MANCHESTER – 28th November 2017: This month’s Innovation Insight takes a look at the stellar rise of avocado in the FMCG space, as the fruit forges new roles across the food, drinks and personal care industries. The latest development sees avocado make a name in the world of ready-to-drink chocolate shakes with the introduction of a new ‘delicious’ yet ‘low fat’ product that has recently debuted …
Lotte, the Far East conglomerate active in confectionery and other categories, is to buy the Indian ice cream firm Havmor for 1,020 crore INR ($158 million), according to an article in the Economic Times. The South Korea based firm said it would buy 100% of the shares in Havmor, enabling it to begin operations in the ice cream space in India. Havmor produces a broad range of over 150 different …
Coca-Cola, the global soft drinks giant, is tapping into the trend for ‘fizzier’ soft drinks with the launch of a new high-carbonation cola under the Thums Up name in India. Said to be the first extension to the Thums Up brand in 40 years, Thums Up Charged will offer “an intense combination of the strong taste of Thums Up with even more thunder”, a company spokesperson is quoted as saying. Sugar content …
Global retailer Spar is set to expand its geographic footprint with the opening of its first store in Pakistan. The firm’s foray into the country is being conducted in partnership with Burque Group, described as one of Pakistan’s largest sales management and distribution companies in the FMCG sector. The first outlet is being opened in Karachi, Pakistan’s largest city, and will expand Spar’s footprint to 46 countries. Commenting on the move, SPAR International …
Heritage Foods, the Indian dairy firm, is stepping up its presence in northern India with the acquisition of milk processor Vanam Foods. Mohali, Punjab based Vanam Foods was founded in 2015 and reported turnover of 1,296 lakh INR ($1.98 million) to the year ending 31st March 2017. Heritage Foods has been stepping up its presence in the dairy space following its exit from the retail and bakery business as the result …
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 butter, as well as a range of ingredient and nutritional products, such as infant formula. …
Bega, the Australian dairy firm, is moving into the nut butter category with its acquisition of a Kraft Heinz facility in Victoria. According to the firm, the packaging will be “slightly ‘refreshed’” to feature the Bega logo. “Despite the label change, Bega assures Australians that the Peanut Butter they love is exactly the same… the same ‘never oily, never dry’ recipe, the same taste, made by the same people, at …
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 Premium, Super Cup, Rangoli and Utsav. Goodricke CEO AN Singh said: “This acquisition will bring …
Kraft Heinz, the leading US-based food firm, is to acquire the Cerebos Food & Instant Coffee business from Japanese firm Suntory, according to an article in Retail World. The deal, which excludes the Cerebos Fresh Coffee business, is worth around A$290 million ($227 million) and is expected to be completed in early 2018, subject to regulatory clearance. The Cerebos Food & Instant Coffee units includes leading food brands in Australia and …
ThaiBev, Thailand’s largest beverage company, has announced the purchase of a 75% of stake in Myanmar Distillery Company (MDC) for $1 billion. MDC, the largest spirits company in Myanmar, produces and sells a range of whiskies and gins at its facilities in Mandalay and Yangon, including the flagship Grand Royal whiskey brand which has over 60% market share. Commenting on the move in a statement, ThaiBev said: “The acquisition enables …
China Foods, a division of Chinese conglomerate Cofco, has announced that it is to offload its wine and non-beverage business, including the flagship Great Wall brand, in a deal worth 5,069 million HKD ($649.2 million). Explaining the rationale for the decision in a statement, China Foods said: “The wine industry in the PRC has faced increasing competition and is expected to remain in a slow growth rate in the next three …
Coca Cola Amatil (CCA), a leading bottler of Coca-Cola and other soft drinks in the Asia Pacific region, has announced the acquisition of Australian craft brewer Feral Brewing. Based in Perth, Western Australia, Feral Brewing produces a range of bottled craft ales under brand names such as Smoked Porter, Karma Citra and Sly Fox. The product range is distributed across Australia through speciality retailers. Commenting on the move, CCA Alcohol …
Japan-based drinks firm Asahi has announced its intention to sell part or all of its 20% stake in Tsingtao Brewery, the second-largest beer maker in China, for around $1.2 billion. The stake was originally acquired by Asahi in 2009 from Belgium-based beermaker AB InBev for around $666 million. Asahi has been shedding a number of its assets in Asian markets in order to refocus on the growth of its overseas …
Multinational beverage company Coca-Cola is looking to tap in to a “growing” juice category in Australia by launching a new brand called Keri Juice Blenders. According to Coca-Cola, the new single-serving juices are targeted at working adults who are focused on their health and wellbeing, and are made with natural and “unique” ingredients. The range comprises two 100% juices (Orange and Cloudy Apple), and three 99.9% juice blends (Carrot Apple …
Unilever, the global FMCG firm, has announced that it is to buy South Korean skincare and cosmetics firm Carver Korea in a €2.27 billion deal. Founded in 1999, Carver Korea originated as an aesthetics company supplying professional products to beauty salons, and is now said to be the fastest-growing skincare business in South Korea, through sales of its brand AHC. The AHC portfolio includes essences, toners, moisturisers, masks, and sun protection, including …
Global beer giant AB InBev has announced the acquisition of Manly, Australia based craft beer maker 4 Pines Brewery for an undisclosed sum. The purchase will see 4 Pines Brewery join other Australian brands that are under the Carlton & United Breweries umbrella in the country, including Victoria Bitter, Carlton Draught, Pure Blonde and Great Northern. 4 Pines will reportedly continue to operate from its Manly and Brookvale breweries, while …
Patties Foods, an Australian food manufacturer and owner of the Four’N Twenty brand, has launched a line of hot snacks that are inspired by popular meals. According to a report in Inside FMCG, Patties Foods has released three new varieties of ‘hand-held’ snack that are designed to be eaten on the go: Lasagne, Mac ‘N Cheese and Chicken Cordon Bleu. The products come frozen and are being sold under the …
Indian hypermarket chain Big Bazaar, owned by retail conglomerate Future Group, has unveiled plans to open 100 new stores across India in the next 12 months. The announcement came as Big Bazaar inaugurated a new store in the P&M Hi-Tech City Centre Mall in Bistupur, which at 32,989 sq ft will be the chain’s second largest location in the city. The company owns eight stores in Jharkhand including two in …
Norwegian-based Orkla Group, the parent company of India’s MTR Foods, has announced its entry into the confectionery market in India with the Laban brand. The firm’s ‘human’-shaped fruit flavoured vegetable chews come in a variety of flavours including Strawberry, Mango, Green Mango and Orange, and will be sold in packs of 26g and 65g, priced at 10 INR ($0.16) and 30 INR ($0.47) respectively. Alongside the launch, the group also announced a …
Global cigarette manufacturer Japan Tobacco has announced that it is buying Mighty Corp, the number two cigarette company in the Philippines, for 46.8 billion PHP ($936 million). According to executive vice president of Japan Tobacco, Mutsuo Iwai, “This major acquisition in Southeast Asia adds to our recently announced full-scale entry into Indonesia, and will further enhance our business base in the region”. In August, Japan Tobacco announced that it would take a …
International seasoning and food firm Ajinomoto has revealed plans to enter India’s instant drinks market with the launch of powdered tea and coffee products. Under the plans, the company will begin selling its Blendy brand outside Japan for the first time after acquiring the trademark rights for Blendy in November 2016. The launch will be carried out through Ajinomoto’s affiliate Ajinomoto India Private and will see Blendy 3 in 1 …
Consumer goods manufacturer Britannia has announced plans to build a new plant in Ranjangaon, Maharashtra. Representing an investment of 1,000 crore INR ($156 million), the plant will be Britannia’s largest and will initially produce biscuits, cakes and croissants, according to Franchise India. Operations will start in phases, the first including six production lines of biscuits and one line each for cakes and croissants. In later stages, product lines for rusks, flour …
Unilever, the FMCG giant, has announced that it is to buy Australian ice cream maker Weis for an undisclosed sum. Weis is described as a second-generation Australian ice cream and frozen dessert manufacturer with a variety of ice cream formats including single bar, multi-pack bars, dairy-free sorbet tubs and frozen yoghurt tubs. Unilever said that these products would continue to be made in the firm’s factory in Toowoomba, Queensland post …
Global tobacco firm, Japan Tobacco has announced the acquisition of kretek cigarette company Karyadibya Mahardhika and its distributor for $677 million, in a deal that will see it buy 100% of the outstanding shares in the Indonesian firm. Japan Tobacco said the acquisition would “give the JT Group immediate scale and presence on a nationwide level in the Indonesian kretek market”. Indonesia is described as the world’s second largest tobacco …
FMCG multinational Nestle has opened a new Kit Kat factory in Japan to cater to growing demand for the confectionery brand, according to BCC Japan. The new facility – located in Ginza – started operations on 1st August and specialises in flavoured varieties of KitKat. It is said to be Nestle’s first new factory in Japan in 26 years. Takuya Hiramatsu of Nestle Japan’s corporate affairs control department said: “Since …
Japan based dairy specialist Yukijirushi Megmilk (trading as Megmilk Snow Brand) has announced an investment of ¥20 billion ($180 million) into its Isobunnai plant in Hokkaido, Japan, with work to be completed by 2020. The plant, positioned as a leading butter, cream and skimmed milk facility in Japan, was established in 1960 and is said to require upgrading and expansion. As a result of the new investment, the plant will …
International frozen food giant McCain has launched a range of ‘man size’ frozen meals in Australia that are claimed to be better quality, more satisfying, and larger than traditional products. According to Inside FMCG, McCain Man Size Ready Meals are claimed to be 50% larger than regular frozen meals, and made with “quality cuts of meat” and “hearty sides”. Despite the “Man Size” name, the range is said to be targeted not …
Leading beverage maker Asahi has announced the launch of a new coffee jelly drink under the long established coffee brand Wonda. The new Wonda Shake Jelly Coffee is presented in a plastic bottle and is sold with a separate sachet of milk powder that is designed to be mixed into the drink before being consumed. In this way consumers are said to be able to ‘customise’ the ‘milkiness’ of the …
RP Sanjiv Goenka has announced the acquisition of a 70% stake in Gujarat-based snacks firm Apricot Foods. According to RP Sanjiv Goenka, Apricot Foods’ E-Vita range will enable the firm to move into the mass market savoury snacks space. The deal is described as being part of the company’s strategy to be present in three different FMCG categories. “We have acquired 70% in Apricot Foods which sells e-vita branded snacks …
Japan’s leading brewer Sapporo has acquired US firm Anchor Brewing for $85 million. Described as one of the US’s original craft breweries, Anchor Brewing was founded in San Francisco in 1896 and is now the 22nd largest in the country, according to the Brewers Association, generating $33 million in revenue in 2016. Many of Japan’s leading brewers have been strengthening their hand in overseas markets in recent times. Kirin has …
Probiotic dairy drink manufacturer Yakult Honsha has announced the construction of a new plant in Foshan, Guangdong, China. According to Yakult, Guangzhou Yakult started construction on the Foshan plant in July. The new factory will produce Yakult and Yakult Light fermented milk drinks and will be the third plant for Guangzhou Yakult, and the sixth for the Yakult group, in China. “Guangdong Province is witnessing strong demand for Yakult in …
International seasoning and food firm Ajinomoto has announced the acquisition of French frozen food maker Labeyrie Traiteur Surgeles (LTS) through Ajinomoto’s consolidated subsidiary Ajinomoto Foods Europe for €21 million ($24.1 million). The acquisition, made under an agreement between Ajinomoto and LTS’s parent company Labeyrie Fine Foods, is aimed at enabling Ajinomoto to expand its business platform of frozen foods in France “by combining LTS’s production base and market reach in the home-use …
Coca-Cola Singapore has announced the opening of a new storage and distribution center in Tuas. Located opposite to an existing Coca Cola plant, the new $57.5 million facility includes an “overhead bridge with a conveyance system to transport products from the manufacturing facility to the storage warehouse and vice versa”, according to information reported on Foodbev. President of Asia Pacific Group of The Coca-Cola Company John Murphy commented: “Asia is …
Freeze Dry Industries, an Australian company specialising in the freeze drying of fresh fruits, vegetables and other raw materials, has opened a new “state-of-the-art” manufacturing facility on the Sunshine Coast. Michael Buckley, chief executive officer of Freeze Dry Industries, commented: “The official opening today of our new facility is a huge step for us, something that I’ve been looking forward to over the past 12 months”. The facility will create freeze-dried …
Australian confectionery company Haigh’s Chocolates has announced the construction of a new processing plant facility in Adelaide. The company, which produces “premium chocolate” from “premium quality cocoa beans from cocoa growing regions around the world”, will spend $10 million on the new “state-of-the-art” chocolate facility, which is expected to be completed by the end of the year. According to sources, the new facility will include the latest machinery, technology and software. …
Nature One Dairy, a dairy firm based in Melbourne, Australia, has signed a strategic partnership with Chinese pharmacy giant Sinopharm to manufacture baby formula, specialised milk powder products and other health-related products to import to China. China is reported to be introducing a new policy from January 2018 that will limit the number of infant formula brands that manufacturers can register in China. The agreement is said to include a deal …
Ferrero, the Italian manufacturer of chocolate and confectionery products, has opened an innovation centre to develop new products in Singapore. According to a company statement, the hub has been created to develop innovation functions in areas as health and nutrition, new raw materials and product research and development, consumer insight and foresight activities. Giovanni Ferrero, chief executive officer of Ferrero, commented: “Innovation has always been a core value for Ferrero. …
FMCG multinational Unilever has announced the investment of $500 million over the next five years to expand in Indonesia. The investment is planned to be used to increase production capacity at the company’s nine factories across Indonesia. The spend will be mainly used to focus on home and personal care, as well as food and refreshments, according to information. A growing economy is one of the reasons cited by the …
Dairy food and beverage maker Morinaga has introduced a new jelly product called Shinkankaku Kakimaze Jelly (Mixable Textured Jelly) under the Morinaga brand. Promoted as “unique”, the product comprises a jelly and sauce, presented in separate compartments, that are designed to be mixed together by the consumer; the larger compartment contains soda-flavoured jelly while the smaller one contains a sauce. Colour, flavour and textural changes are said to occur when the sauce …
Beverage maker Coca-Cola has announced the launch of original Coca-Cola and Coca-Cola Zero in a new bottle that changes colour when the bottle gets cold. The new package is said to feature an indicator ink label that displays the words “ice cold” when chilled, informing consumers the drink is at the right temperature to be served. The feature is said to have been created as the result of a customer survey conducted …
Leading Indian FMCG firm Marico has launched a new deodorant under its male personal care brand Set Wet that can reportedly be personalized for each consumer. Said to be targeted at a ‘younger’ audience, the product is described as a “first of its kind individualised deodorant that features the possibility of being personalised”, as each pack can be customized with a different colour, photo and name. Anuradha Aggarwal, chief marketing officer …
Indian dairy giant Kaira District Co-operative Milk Producers’ Union (Amul) has announced the opening of a new processing plant in West Bengal and the expansion of operations to the states of Bihar and Assam. According to India Retailing, the new plant in West Bengal represents an investment of 250 crore ($38.8 million). “We are expanding milk procurement operations in districts like Malda, Darjeeling, Howrah and East Midnapore in Bengal”, said …
A new snack bar called enrGIsustain, claimed to be “a delicious between-meals formulated snack bar with specially selected low GI ingredients”, has been launched for consumers in Australia The product, launched by Set The Bar, is said to be designed to keep blood sugar stable as well as maintaining a healthy weight, ensuring sustained energy. Claimed to be “the perfect snack for the health conscious, pre-diabetics and those with Type …
Dutch multinational retailer Spar has announced a new partnership in China with Yunnan Anning Jinfang Commercial Group (Jinfang), with plans to open 32 new stores in the country. The new partner, Jinfang, operates in the retail sector in China and will invest in converting 32 of its stores into the Spar brand in the coming months. With the agreement, the companies will be able to combine Spar’s global retail expertise …
FMCG multinational Nestle has expanded its breakfast range of oat sachets in Australia by launching a range called Nature’s Mix under the Uncle Tobys brand. The product, said to be launched due to increased demand from consumers for low-sugar products, is described as a “no added sugar” range that is “naturally sweetened with dried fruit and healthy nuts”. Designed to “help Australians to lead healthy and active lifestyles”, the new …
Japan based snack manufacturer Ezaki Glico has released a plan to set up a new, wholly owned subsidiary called Glico Asia Pacific Pte. Ltd. in Singapore on 1st June 2017. According to a press release, the new company has been set up to engage in business control as well as marketing activities within the ASEAN (Association of South‐East Asian Nations) area, a region which the company describes as “expanding year …
FMCG multinational Mondelez International has recently announced the expansion of its Cadbury chocolate factory in Hobart, Australia, and the introduction of a new range of Cadbury Dark Milk chocolates. According to Inside FMCG, the company invested A$4 million ($2.9 million) to expand the site, by acquiring new equipment for two new production lines. Mondelez spokeswoman Amanda Banfield said: “We have a $25 million annual investment fund for Claremont which is …
Japanese dairy specialist Yukijirushi Megmilk (trading as Megmilk Snow Brand) has announced plans to increase production capacity for yoghurt drink in western Japan by extending its Kyoto facility. The reason for the investment is said to be high demand for on-the-go yoghurt drinks due to heightened health concerns, and the popularity of the company’s Megumi branded Lactobacillus Gasseri SBT2055 Yoghurt Drink. The new JPY 620 million ($5.6 million) investment will …
Japan based beverage maker Asahi has unveiled two new “innovative” spirits brands in Japan under the brand name Coffey. The “premium” brands, to be available from June, are Coffey Gin and Coffey Vodka, sold under the Nikka brand. Both are said to have been distilled in a “Coffey still”, which is claimed to be”a very traditional and rare patent Nikka still imported from Scotland in 1963″. Coffey Gin is said …
Japan-based snack manufacturer Calbee has decided to invest ¥700 million ($63.4 million) at its Kyoto plant to start producing Frugra, a brand of fruit granola products. Once built, it will be the third plant producing Frugra brand products in Japan and the third investment Calbee made for the brand in recent times. It has previously invested in a facility in Hokkaido, where it will start operations from August this year, as …
New Zealand based dairy firm Fonterra has invested 20 million MYR ($5 million) in its Malaysian milk powder facility at its Susumas site in Kuala Lumpur. According to Jose Miguel Porraz-Lando, managing director of Fonterra brands Malaysia and Singapore, the investment is part of Fonterra’s commitment to food safety and quality. “We continually invest in our infrastructure to ensure we remain world-class in food safety, health & safety, and consumer …
US-based food and soft drinks giant PepsiCo has announced the launch of a new Oats + Milk beverage under the Quaker Oats brand. According to sources, the nutritional grain and dairy drink was developed using a patented SoliOats technology that blends oats with milk, and marks the entry of the company in the dairy market in India. Regarding the new product, Deepika Warrier, vice-president of the nutrition category at PepsiCo …
Leading global dairy firm Parmalat is to invest A$12 million ($8.8million) to upgrade its facility in the suburb of Clarence Gardens, Adelaide, Australia, it has been reported. According to sources, investing in new the processing capability will allow the site to start exporting three milk brands from South Australia to China. Craig Garvin, the company’s Australian chief executive, said: “These new capital expenditure investments will allow Parmalat to significantly increase …
Global confectionery giant Mars has launched its first M&M’s chocolate block in Australia. The new launch will see the entry of the brand into the chocolate bar category with a combination of M&M’s mini chocolates and smooth milk chocolate, according to information. “We’re really excited to bring something new to chocolate lovers across Australia”, commented Andrew Loader, general manager of Mars Chocolate Australia. “Mars is a family-owned company and we’re proud …
Multinational beverage firm Coca-Cola has announced that its 44th facility in China has begun operations in Changsha, central China. According to COFCO Coca-Cola Huazhong Beverages, the plant is the largest in Central China and is prepared to have nine production lines: four for water, four for sparkling beverages, and one for juice and juice drinks. Only four of these lines are currently operational but all of them are planned to …
India-based dairy company Drums Food has launched Epigamia Snack Pack, a product which is described as an alternative to traditional snacks. The snack pack is a combination of savoury yoghurt with cereal, such that Jalapeno Greek yoghurt and Cream & Onion Greek yoghurt are paired with fibre rich barley puffs, while Mango and Strawberry Greek yoghurt varieties are paired with chunky granola. “At Epigamia, we want to change the way people approach …
FMCG manufacturer Dabur has announced the inauguration of a new manufacturing facility in Tezpur, Assam. According to India Retailing, the facility will produce the whole range of Dabur’s products including health supplements, ayurvedic medicines, hair oil, shampoo, toothpaste, skin care and household products. Dabur chairman Dr Anand C Burman said: “I am extremely proud to announce the commissioning of Dabur’s most-modern factory in Tezpur. This factory will become the largest …
Consumer goods manufacturer Britannia has announced a partnership agreement with Greek company Chipita to produce and market ready-to-eat croissants in India. According to India Retailing, the new joint venture company, which will have the name Britchip Foods Ltd, will be 60% held by Britannia and 40% held by Chipita. “The company has signed a joint venture agreement with Chipita SA, a Greek company for the purpose of developing, producing and selling …
Australian supermarket chain Woolworths has launched a ‘Delicious Nutritious’ line of ready meals, developed in partnership with celebrity fitness trainer Michelle Bridges. According to Australian Food News, the line is targeted at consumers who are looking for healthy and quick meals. Michelle Bridges, who is said to have worked closely with the retailer to create the range, commented: “I’m pleased to continue my mission to help busy Australians eat well …
A new range of instant cup noodles called Cup Noodle Nice has been introduced in Japan by food manufacturer Nissin. The new Nice range is marketed as an “impossible combination” of a thicker soup that is also ‘better for you’: it offers a stronger taste andt hicker soup than the original Cup Noodle products yet contain fewer calories (178kcal), 50% less fat and 40% fewer saccharides, according to Nission, delivering …
Fruit based concentrate maker Rasna has unveiled its plans to set up a new plant in the Chittoor district in Andhra Pradesh, the firm’s 10th in India but the first in the south of the country. The company said its new production facility would be especially built to focus on strengthening market share in the powder drink segment in southern India. Delivered through an investment of 60 crore INR ($9.12 million), the …
Leading Japanese snack maker Koikeya has announced the launch of a new snack range called Hitokuchi Deli (Bite Size Deli). The new range, added under the tortilla crisp brand Dontacos, is claimed to be “more than a snack, less than a meal”, and is designed as a ‘mini-meal’ that busy consumers can consume in between main meals, whenever and wherever they prefer. The snack, described as having two types of texture …
PepsiCo, the global snacks and soft drinks giant, is expanding its breakfast foods portfolio in India with the launch of Quaker Nutri Food. The new launches are described as familiar breakfast foods called Dosa (a type of pancake), Upma (a porridge made from semolina and rice flour) and Khichdi (a rice and lentil dish), said to contain “40% more oats and vegetables” to make them healthier options. “The lifestyle of millennials …
Danone, the France-based dairy and drinks multinational, has recently expanded into the health drinks segment in India, with the launch of Protein Grow, a drink developed for teens. According to The Economic Times, Protinex is a nutritional supplement made with hydrolised proteins that is able to satisfy the nutritional needs of both adults and children. “The launch of Protinex Grow is a unique innovation in the family Health Food Drinks’ …
Nestle Waters. the bottled water division of the food and drinks giant, has invested 1.8 billion THB ($51.5 million) to open a new manufacturing and distribution hub for Nestle Pure Life in Surat Thani. The new Surat Thani factory, the second for Nestle Waters in Thailand, is described as featuring advanced technology for an improvement of environmental performance and is designed to “distribute high-quality drinking water trusted for healthy hydration …
Japan based dairy maker Morinaga Milk Industry has announced that it will enter the yoghurt business in the USA. The launch is due to be made between July and September 2017 by working with a local contract manufacturer, and the company has set a sales goal for 2019 of $34 million. The company estimates the yoghurt business in the US has big potential, although consumption is lower than that of …
Suntory, a leading international beverage company, has recently announced the launch of new wine series called Shiojiri Winery. Wines from the new series are claimed to be made with 100% Japanese grapes, fermented at Suntory Shiojiri Winery. The “high quality” grapes used are grown in the prefecture of Nagano, claimed to be one of the best wine-growing regions in the country. In launching the Shiojiri Winery series, Suntory said it was hoping …
Murray Goulburn, Australia’s largest dairy foods company, has posted a loss of A$31.9 million ($24.5 million) for the first half of its financial year. The firm booked 14.8% less revenue compared to the same period a year ago, attributed to lower supplies, production cuts on farms and adverse seasonal conditions. According to Murray Goulburn CEO Ari Mervis: “Record rainfalls and high levels of competitor activity have reduced our milk intake, …
Leading Japanese baby food manufacture Wakodo, part of the Asahi group, has launched a new brand called Rakuraku Manma (Easy Food). The brand offers two dried noodle products to support mothers to reduce the time it takes to cook baby food. Claimed to be “easy to scoop”, the noodles are pre-cut into 1cm lengths, reportedly making them easier for babies to eat and more convenient for mothers since the cooking time is shorter than regular noodles. …
Coca-Cola South Pacific, a division of the global soft drinks giant has launched two new Fanta soft drink products called Jelly Fizz and Sour Tingle. According to Inside FMCG, Jelly Fizz is claimed to be a soft drink blended with juicy liquid jelly pieces and is recommended to be shaken 10 times before opening so it releases the jelly. The Sour Tingle variant, meanwhile, is said to be “loaded with extreme sours and tingles”. “What we know …
Coca-Cola Amatil, a manufacturer and distributor of beverages in the Asia-Pacific region, has announced the closure of South Australian manufacturing facilities in 2019 and the investment of A$90 million ($69.4 million) of capital expenditure in its Richlands manufacturing facility in Queensland, Australia. The new investment is said to include installing “a new glass production line and new dairy and juice production capacity”, as well as optimising the firm’s logistics network …
Australia’s upscale department stores David Jones announced 70% of foods sold in stores will be private label products by 2020 from current 24 per cent. Announced by South African-based parent Woolworths Holdings, this new strategy is believed to involve an investment of between A$75 (US$57.5 million) and A$100 million (US$76.7 million), aiming to be profitable by 2019. Chief executive Ian Moir from the parent company Woolworths Holdings said “modern department …
Japanese beverage giant Suntory has announced plans to expand production of coffee products by establishing a new factory in Ebina, Japan. The new factory, especially designed for freshly roasting coffee beans, is set to produce coffee products such as for Boss brand, to meet higher demands of these type of products. The New factory will not only focus on production from roasted coffee beans but also on new product development, …
Japanese brewery firm Kirin Brewery has announced the launch of new non-alcohol, beer-flavour beverage brand called Zero Ichi. The launch comes after Kirin’s previous foray into alcohol-free beer-style drinks – a brand called Kirin Free, introduced in 2009 – failed to meet consumers’ taste expectations, a Kirin spokesman said. The new Zero Ichi is described as a “first of its kind” product in the alcohol-free beer sector, since it uses an Ichiban Shibori …
FMCG company Cargill Foods India has announced the introduction of an anti-counterfeiting technology to its products, so that consumers can check if goods are genuine or fake. According to F&B News, the new technology uses a 3D hologram of Cargill Foods India to signify the authenticity of the brand and also includes an app called Mojo Tag where consumers, retailers and distributors can scan batch codes to verify authenticity. Neelima …
Australian brewer Broo has announced the acquisition of Victorian beer company Mildura Brewery. Established in 2004, Mildura Brewery has a core range of six beers and a pub at its Victorian brewery. According to Inside FMCG, the investment of A$1 million ($768,600) will allow Mildura to expand its product range as well as giving it the capacity to distribute nationally. “The acquisition provides Broo with an exciting extension of our existing …
Austrian multinational confectionery company PEZ International is reportedly planning to enter the Chinese market in the second half of 2017. The confectionery company, which already has a worldwide presence, will enter China with its regular sweets dispensers and licenses and will focus on big cities. Commenting on the move, a PEZ International spokesman commented “Many people in China are looking for European brands”. Together with US-based PEZ Candy, PEZ International sells 70 …
Carlsberg, the Danish brewer, is said to be weighing up a move for Asahi’s stake in Chinese beermaker Tsingtao, according to a Bloomberg report quoting “people familiar with the matter”. Asahi, the leading Japanese beer producer, acquired its 20% stake in Tsingtao in 2009. Bloomberg estimates the value of the stake to be around S1.2 billion. Tsingtao, China’s second biggest domestic beer producer, faces stiff competition from major players such …
Australia based cereal and snacks producer Freedom Foods Group has announced a new strategic partnership with Seamild Group in China, a manufacturer of oat based cereal and foods. As a result of the deal, cereal products into China will have tariffs on imported products under the China Australia Free Trade Agreement reduced to zero over the remaining 3 year period. Under the new partnership, the range of Seamild branded oat …
Tuatara Brewing Company, a New Zealand has been acquired by Heineken-owned DB Breweries. Tuatara will continue to product its beer at its current facilities and other beers. Tuatara brewing was established in the year of 2000 based in Paraparaumu, and grew from a small operation to one of the larges craft breweries in New Zealand. The company has spent the last two years focusing on innovation and increasing brewing capacity to break …
Mondelez International, the global food giant, has announced that it has reached an agreement to sell most of its grocery brands in Australia and New Zealand to dairy firm Bega Cheese. The deal, which excludes the Philadelphia cream cheese business, is valued at A$460 million ($345 million). Included in the sale are brands such as Vegemite, ZoOsh, Bonox, as well as other products that use the Kraft brand under license, …
Kewpie, the Japanese seasonings firm, is launching a new “green cap” series of salad dressings that are claimed to “maximize the flavour of vegetables”. Made with a blend of fruit vinegar and fruit juice, the new varieties offered, are Lemon Dressing (described as a mix of lemon vinegar, lemon juice and grapefruit juice for a refreshing taste), Tamanegi To Shiro Budo Dressing (Onion and White Grape, described as a mix …
Hindustan Coca-Cola Beverages (HCCBL), the bottling arm of Cola-Cola in India, has announced an additional investment of 1,000 crore INR ($147 million) to set up two further new, plants according to an article in The Economic Times. The “greenfield” plants will reportedly have lines for soft drinks, juices and bottled water to bottle brands as Coca-Cola, Fanta Thumps Up, Limca, Minute Maid and Maaza. The news follows an announcement just last …
Hindustan Coca-Cola Beverages, Coca-Cola’s Indian bottling arm, has broken ground on a new plant in Hoshangabad, Madhya Pradesh, India, according to a report in the Economic Times. The 110 acre bottling facility will house lines for the firm’s carbonated beverage brand including Coca-Cola, Sprite, Fanta, Thums Up and Limca, the Economic Times article said. As well as soft drinks, the plant will bottle juices and juice-based drinks under the Minute Maid and …
Japan-based international snack producer Calbee has announced a plan to invest ¥2 billion ($17 million) to build a new facility within its existing factory in Chitose city in Hokkaido. The new facility is said to be have built in order to open a new production line for its Furugura brand fruit granola products. The investment in the new facility will serve an expanding granola market, Calbee said, adding that the …
Bikano, an Indian manufacturer of confectionery and snack products, is to increase its daily production capacity by 50 tonnes through a 40 crore INR ($6 million) investment, according to a report in FNB News. The move follows a previous announcement by the firm that it was set to enter the ready-to-eat sector with with a range of savoury dishes comprising Shahi Paneer, Rajma and Sarson Ka Saag. Commenting on the …
NHF Manufacturing, a joint venture between leading Japanese fresh meat, ham and sausage firm NH Foods and Malaysia-based poultry company Lay Hong, has announced plans to build a new factory in Malaysia. According to reports, the 51:49 joint venture has invested $10 million to build a new factory in Selangor to increase capacity, with the aim of producing 1,000 tons of food monthly by the first half of 2018 and …
Leading Japanese beverage maker Kirin has announced the launch of new variety of its Kirin Gogo No Kocha (Afternoon Tea) ready-to-drink tea called Milk Tea Dolce Waguri (Japanese Chestnut) Mont Blanc. This limited edition is advertised as being made with two types of Japanese origin ingredients to offer flavour and high quality: the first is a black leaf teaf from Sashima in Ibaraki, Japan, that is claimed to have low …
Patties Foods, an Australian pie and pastry firm owned by Pacific Equity Partners, is to acquire New Zealand based convenience food manufacturer Food Partners, according to an article in the National Business Review. Food Partners, which trades as Leader Products, produces a range of frozen meat-based products for both retail and foodservice channels, including chicken and beef burgers and patties, finger food such as hotdogs, chicken goujons and meatballs, and “meal …
New Zealand based dairy specialist Fonterra has launched a new specially-developed “premium” product range in China under the Anchor brand, in response to “ongoing growth in demand for safe, high-quality dairy nutrition”. According to an article in the Asia Food Journal, the new Upline UHT milk range comes in a high-protein version called LiveUp and an organic version called NaturalUp. The former is said to contain 5.7g of protein per …
Nissin, the Japanese instant noodle manufacturer, has announced plans to invest in manufacturing capability with its first new manufacturing plant in Japan in over 20 years. The plant, slated for Ritto City, Shiga prefecture, is due to be started in May 2017 and is scheduled for completion in December 2019. Just under 100,000 sq m in size, the plant is the result of a ¥57.5 billion ($500 million) investment and …
Japanese snack maker Koikeya has announced the launch of a new brand called Koikeya Pride Potato as part of a wider review of brand positioning. The new snack brand will be introducing to consumers in Japan from February 2017 with three different flavours: Hiden Noko Nori Shio (Secret Rich Nori Laver Salt), Matsutake Kaoru Kiwamidashi Shio (Ultimate Stock Salt with Matsutake Mushroom Aroma) and Miwaku no Aburi Wagyu (Fascinating Grilled …
Global snack brand Pringles, owned by multinational food maker Kellogg, is set to see see the launch of a new product range in Japan featuring locally-themed flavours. The two flavours to be introduced are Karaage (Japanese Fried Chicken) and Takoyaki (a savoury ball typically filled with octopus). The former is described as having a juicy and aromatic chicken flavour with a hint of soy sauce, garlic and onion , and …
ITC, the Indian consumer goods giant, is set to expand its manufacturing operations with the opening of a consumer goods facility in Odisha (Orissa), according to a report in the Economic Times. The 700,000 sq ft plant, located in the Khordha district, will produce goods under brands such as Aashirvad (spices, dried ready meals and baking aids), Bingo! (savoury snacks), Sunfeast (biscuits) and YiPPee! (noodles and pasta). The facility is part …
Australian popcorn maker Cobs Fine Foods is extending its line of products with the launch of crisps under the new Hip Chips name, according to an article in Food & Beverage Industry News. The gluten-free range, claimed to contain “nothing artificial” and promoted as “never oily”, is said to contain high oleic sunflower oil rather than vegetable oil so as not to mask the product’s flavours, and is advertised as …
Spar, the world’s largest food retail voluntary chain, has announced its entry into the Thai market. The company has formed a retail partnership with Bangchak Retail Company (BRC) for a 300 store venture, representing an investment of €74 million ($78 million) over the next five years. According to a company press release, BCR will open seven new convenience and neighbourhood stores in 2016 and 50 to 80 stores each year …
Indian rice specialist LT Foods and Japanese rice-based snack firm Kameda Seika have announced the launch of joint venture to sell rice based snacks in India, according to the Economic Times. The new 51:49 joint venture is described as being backed by a $10 million investment and is designed help the companies enter a new category of snacks, as “consumers are looking for healthier snacking options and there are limited …
Frozen food manufacturer WestCoast Fine Foods has launched as what is described as India’s first ready-to-cook tawa pizza under the Frish brand. Tawa is a type of flat Indian frying pan typically used for cooking flatbreads. According to sources, Frisch Tawa Pizza provides an advantage over other frozen pizza products as it doesn’t require an oven or microwave for cooking, instead being suitable for traditional tawa cooking. WestCoast Fine Foods …
Finnish dairy firm Valio is to start selling lactose-free milk powder in China via online channels, according to a report in ESM. The launch, described as the first lactose-free consumer offer on the market, will reportedly see packaged milk made available in skimmed, semi-skimmed and whole varieties. The product range is intended to benefit from a long shelf life to be suitable for consumers that don’t drink milk every day, and …
Picard, the French frozen food retailer, has made a definitive step into the Far East market with the opening of its first store in Japan, according to a report in Les Echos. Described as being located in an upmarket area of Tokyo, the new store has been launched in partnership with Japanese retail group Aeon, via a subsidiary called Aeon Saveur, and is reportedly a first step in a planned …
Insight by Gama Compass™ MANCHESTER – 24th November 2016: ‘High vitamin’ claims are continuing to notch upwards in new product launches, according to Gama’s latest study of patterns and trends in global FMCG innovation, with non-alcoholic drinks proving particularly fertile ground for vitamin-related positioning. Based on data from Gama Compass™ between 2014 and 2016, and segmenting vitamin claims by five principal types – vitamins A, B, C, D and E …
Accolade Wines, one of the world’s largest wine companies, is to acquire Fine Wine Partners (FWP) in Australia for an undisclosed sum. In a press release, Lion, the Australian alcoholic drinks, soft drinks and dairy firm that owns Fine Wine Partners, described it as “a quality fine wine business offering exposure to the attractive and growing premium wine segment in desirable viticultural regions”. “However, following a comprehensive strategic review it …
The Malaysian unit of international confectionery and snacks giant Mondelez plans to invest $21 million MYR ($4.7 million) to add a production line for BelVita breakfast biscuits, according to a report in Marketing Interactive. The new line is set to be added at the firm’s 24,330 square metre site in Tampoi, Johor Bahru, Malaysia, “[in] response to the growing consumer preference towards healthy snacking and convenient breakfast options”. Mondelez Malaysia …
Thailand’s CP Foods has announced the acquisition of the US-based frozen food producer Bellisio for $1.075 billion. The transaction is expected to close in December 2016. Bellisio is the third largest manufacturer and distributor of single-serve frozen foods in the US and markets its products under brands such as Atkins, Boston Market, Chili’s, EatingWell and Michelina. Its product line of more than 400 items includes single and multi-serve entrees, snacks, …
Japan-based baked goods producer Yamazaki has announced that it is to build a new plant in Kobe, Japan at a cost of ¥20 billion ($183 million). Described as the first baking factory of its kind to be built in 28 years, the facility is designed to enable the company promised to deliver fresh and high quality products mainly to the Eastern area of Japan. The new plant is expected to …
The latest innovation insight from Gama Compass™ MANCHESTER – 17th November 2016: This month’s Innovation Insight brings evolutions in the world of soft drinks into sharp relief, with a look at a new launch adding an extra dimension to the cola category via ‘ultra’ carbonation technology – Pepsi Strong 5.0GV Cola. Recently launched in Japan, Pepsi Strong 5.0GV Cola is an extension to Suntory’s Pepsi Strong line of carbonated soft drinks that …
Dutch coffee and tea company Jacobs Douwe Egberts has announced that it has made a pre-conditional offer to acquire all issued shares of Singaporean instant food-to-coffee maker Super Group for 1.45 billion SGD ($1.03 billion). Super Group manufactures instant coffee and tea, instant tea mixes and instant cereals, with a portfolio of over 160 instant beverage and food products distributed in over 65 countries. Its brands include Super, Essenso, Owl …
Australian supermarket chain Woolworths has introduced a new range of private label products with names that exclude Woolworths branding, News Limited reports. According to the article, the supermarket claims that the line – which includes new brands such as Smitten and Apollo pet food, Chevron batteries and Little Ones nappies, as well as the removal of Woolworths and Homebrand branding from other products – was developed in response to insights …
Meiji, the Japanese food and pharmaceutical firm, plans on investing $47.9 million in order to expand capacity for functional yoghurt within its domestic operations. According to a report in FoodBev, the company will add an additional production line for the manufacture of the company’s functional yoghurt drinks at its Toda plant north of Tokyo, with the expectation that it will be operational by the end of December. Meiji said it …
General Mills, the US food manufacturer, has announced a restructure of its operations in Australia that will see the closure of its manufacturing facility in Mount Waverley, Victoria. The Mount Waverley plant, which produces goods such as Latina chilled pasta meals, is set to close between April and June 2018, General Mills said. The move would also see the consolidation of its Australian manufacturing activity into an expanded production facility in Rooty …
Hangzhou Wahaha, China’s largest beverage producer, has shown interest in a potential takeover of Dean Foods, the largest milk processor in the US, according to a Financial Times article quoting “four people familiar with the company’s plan”. The Chinese firm has reportedly approached a number of banks to seek financial backing for a possible move. Hangzhou Wahaha produces bottled water, milk and tea drinks and reported $7.4 billion in sales …
Thailand-based food giant CP Foods has announced an investment of 700 million THB ($20 million) to build a new plant in Wang Noi, Thailand, according to a report in Undercurrent News. The new facility will reportedly specialize in manufacturing meal soups, producing 70,000 tons a day. “The elderly, sick persons, and vegetarians” are described as the target market for the product. “Our key challenge lies in the fact that Thailand …
Yili, China’s leading dairy company, has purchased a 37% stake in rival dairy firm Shengmu for $680 million, according to a report in Bloomberg. Shengmu, which specialises in organic milks and yoghurts, is the only Chinese dairy company to sell and produce organic milk which is certified European-standard, Bloomberg reports. It claims to have a 54.2% market share in China based on 2013 organic raw milk production volume. They are …
Schwarz Group, the German retail giant behind the Lidl and Kaufland brands, is considering opening stores under the Kaufland brand in Australia, according to an article in N-tv.de. The supermarket group is currently conducting a feasibility study, “only after which a decision on a possible entry into the market will be made”, N-tv.de reports, quoting the firm. Previous German media reports had suggested that the first Kaufland stores might open in …
Future Consumer, an Indian consumer goods firm operating in the food, drinks, personal care and household space, has launched a new brand called Kosh with the stated objective of increasing the popularity of oats among Indian consumers. The new Kosh brand will be available as Instant Oats, Broken Oats, Oats Atta and Wheat + Oats Atta. Future Consumer said it planned on growing and sourcing the product in Australia and …
Creamline Dairy Products, a subsidiary of Godrej Agrovet (part of the Godrej group) and a dairy player in southern India, is investing 30 million crore ($4.5 million) to set up a new plant in Visakhapatnam, Andhra Pradesh, India to increase dairy production, according to a report in the Business Standard. The company currently owns seven factories – two in Hyderabad and one each in Madanapalli, Vijayawada, Karnataka and Nagpur – …
Kirin, the Japanese brewery firm, has announced that it has bought a minority share of 24.5% in the US based Brooklyn Brewery as a first step towards a business partnership between both companies. Under the partnership, Kirin said it planned to further energize the craft beer market in Japan and Brazil while supporting the growth of the Brooklyn Brewery through technological and procurement assistance. Both companies plan to establish the …
Japanese beverage giant Asahi is set to table a bid in the order of ¥500 billion ($4.87 billion) to acquire brewer SABMiller’s assets in eastern Europe, according to reports in Nikkei and Beverage Daily. The brands to be sold include Pilsner Urquell in Czech Republic, Tyskie and Lech in Poland, Dreher in Hungary, Topvar in Slovakia and Ursus in Romania. In April 2016, Asahi also agreed a deal to purchase …
Be Natural, the Australian cereal and snack foods firm, has launched a new granola product that is specifically recommended to be partnered with coconut water rather than milk. Be Natural Coco-nutty Granola, flagged with the words “plant power”, is made with spelt, shredded coconut, nuts, seeds or fruits, and is offered in the varieties Coconut, Almond, Spelt & Cinnamon and Coconut, Spelt & Fig, both presented in a 450g box …
Indian consumer goods firm Dabur has announced the launch of the cosmetics brand Jaquline USA brand in its domestic market, according to a report in the Economic Times. Dabur will debut the Jaquline USA brand exclusively through its NewU outlets around India, offering a range of make-up and beauty products and with further launches in the pipeline. “The awareness levels among consumers in India for beauty products and beauty trends …
Kirin, the Japanese beverage firm, has announced a new marketing initiative that will see its latest coffee offering promoted to consumers in unmarked and unbranded cans. The new ‘blind’ marketing campaign, promoted as “secret sampling”, sees free cans distributed among Japanese consumers without revealing either the product’s name or its formulation. The sampling initiative was launched in mid September in seven of the largest cities in Japan, with one million …
Two of Japan’s largest Coca-Cola bottling firms have agreed to merge next year to create a company with combined annual sales of $9.95 billion, according to a Nikkei report. Tokyo-based Coca-Cola East Japan and Fukuoka-based Coca-Cola West bottle and distribute the majority of Coca-Cola’s products in Japan. A combined company would have 90% of domestic market share for Coca-Cola products and would aim for greater efficiency and pricing power, Nikkei reports. …
Food multinational Nestle is seeking to expand in the chocolate space in India with new launches from its global premium portfolio and the launch of new varieties of existing products, according to a report in the Economic Times. Among the products slated for launch are a new Trio variety of the firm’s leading Munch branded chocolate wafer bars, and a new version of its Bar One confectionery bars called Charge, …
Indian-based company Wipro Consumer Care and Lighting has acquired 100% of Chinese FMCG company Zhongshan Ma Er for an undisclosed amount. Wipro focuses on products including soaps, toiletries, personal care & baby care and has a presence in countries such as India, Malaysia, Indonesia, Vietnam, China, as well as the Middle East. With this new acquisition, China will become Wipro’s third largest market behind India and Malaysia. The deal includes …
Raw C, an Australian manufacturer of coconut water products, is a launching a new drink that combines coconut water with organic Arabica coffee, according to a report in Food Mag. Raw C Organic Coffee & Coconut Water is said to feature “100% natural single source coconut water” combined with “the very best organic coffee from Columbia”. Sweetened with coconut flower nectar, the drink is said to contain “a full shot of coffee” for …
Mamee Double Decker, a Thailand-based snacks and drinks firm, has announced the launch of new sweet potato crisps in its home market under the Mister Potato brand. Mister Potato Sweet Potato Crisps are “naturally purple”, a phenomenon that is said to derive from the natural colours of the purple sweet potato itself. According to a company press release, the new product is “addictive” with a “delicious, sweet taste” and is …
HyFun Foods, a venture launched by Indian potato and onion firm Asandas and Sons, has officially inaugurated a new potato processing facility at Ganeshpura, Mehsana, India, according to a report in FnB News. The result of an investment of around 75 crore INR ($11 million), the new plant is spread over 12 acres and will produce a wide range of potato products including french fries, burger patties, potato wedges and hash browns, …
PepsiCo, the global snacks and soft drinks giant, has launched a new concentrated form of its Gatorade sports drink for consumers in Australia and New Zealand. The product, which is available in Blue Bolt and Lemon Lime flavours, will come in a 1 litre container that will reportedly enable consumers to make 5 litres of Gatorade by diluting in water. Commenting on the move, PepsiCo senior director of franchise beverages …
China Resources, the firm behind China Snow, the world’s most consumed beer brand, is considering a bid for SABMiller’s central and eastern European assets, according to a source quoted by Bloomberg. The reported deal would include the brewer of Czech beer Pilsner Urquell and could be valued at around $6 billion, Bloomberg continues. SABMiller owns such brands as Foster’s in Australia, Pilsner Urquell in Czech Republic and Miller Genuine Draft in …
Japanese confectionery firm UHA Mikakuto has announced the introduction of a new throat lozenge that is said to combine a variety of functional benefits. Named UHA Mikakuto Off Zeitakuna Off Nodoame, the new throat lozenges are said to prevent the absorption of fat, to help regulate the absorption of sugar, and to relieve digestive complaints. The sweet candy, described as a juicy and healthy medicated throat candy that is made …
Consumers in Japan can now purchase a new lemon yoghurt flavoured soy milk drink, courtesy of Japanese beverage company Pokka Sapporo. Released under the Soyafarm name, the new launch is said to have a refreshing flavour, making it ideal for the morning, according to Pokka Sapporo, citing research that found that more soy milk was drunk in the morning than at other times of day. According to information, Soyafarm Lemon …
Hamdard, a Bangladesh-based drinks manufacturer, is moving its RoohAfza brand into the world of ready-to-drink beverages with the launch of RoohAfza Fusion in India. RoohAfza Fusion is an extension of Hamdard’s flagship RoohAfza brand of vivid red fruit and herb cordial, which has been available since 1907. Blending “a fusion of pure fruit juice with RoohAfza” cordial, the new line is being sold in cartons and in the varieties Luscious Litchi, Exciting …
International seasonings and food manufacturer Ajinomoto has announced that its subsidiary Ajinomoto Thailand is to invest 800 million THB ($23.1 million) to “meet growing demand for flavor seasonings in Thailand”. According to Ajinomoto, the expansion is expected to increase the production capacity of Ros Dee, a flavour seasoning, by approximately 40%, by automating the packaging process at its Nong Khae Factory in Saraburi Province. It is also said that the …
Japanese personal care giant Shiseido and Seven & I Holdings, one of the largest retail groups in Japan, are teaming up to launch a new skin-care brand called Sept Beaute. Aimed at women in their 30s and 40s, Sept Beaute is described as an “aroma body brand” and is designed to offer a pleasant scent based on Shiseido research into brain activity. It is described as being formulated with seven …
The Australian division of New Zealand dairy conglomerate Fonterra has announced that it is selling its Wagga Wagga business, the owner of the Riverina Fresh brand, to investment firm Blue River Group. Riverina Fresh is present in retail and foodservice channels, producing full cream, light and skimmed milk alongside cream, yoghurt and flavoured milk drinks. As well as local independents, Riverina Fresh milk is sold in Woolworths stores across the state …
Chinese dairy company Yili, in partnership with packaging firm SIG Combibloc, has launched a new UHT yoghurt drink under the Baoquzhu brand that contains alginate balls filled with juice that are said to burst in the mouth when chewed. Head of marketing Asia Pacific North at SIG Combibloc Eric Ding said: “The local market is invigorated by new product developments that offer added value for consumers – for example, with …
FMCG multinational Nestle has launched Ceregrow, a ready-to-cook breakfast cereal targeted to children, for the Indian market. Said to Fortified with 15 vitamins and minerals, the product is described as being specifically designed for children aged between two and five, providing 17% of the daily requirement of iron and 25% of the daily requirement of vitamin A, vitamin C, vitamin D and valcium. Positioned as a “nutritious & tasty” breakfast …
Insight by Gama Compass™ MANCHESTER – 25th August 2016: New ingredients and formats, along with an emphasis on the ‘real’ and ‘rustic’, are some of the hallmarks of product innovation in the frozen potato category over the last two years, as the latest insights from Gama Compass™ reveal. Despite representing a relatively small fraction of NPD within the overall retail frozen food space – only 4% of total launches in the last …
Philippine food and beverage manufacturer Universal Robina has expanded its business in Australia by acquiring Snack Brands Australia for $460.86 million. URC International Co Ltd, a subsidiary of Universal Robina, will purchase 100 % of the shares in the Australian company. Snack Brands Australia manufactures potato and corn snacks under brands such as e CC’s, Cheezels, French Fries and Kettles. The company produces 200 million packets per year with its …
FMCG manufacturer Britannia has announced plans to set up three factories in the north-east of India in the next three years. According to Progressive Grocer India, the company expects an investment of 100 to 150-crore INR ($15 million to $22 million) for each factory, and the process of setting up each of the three factories to take from 12 to 14 months. “We are looking at putting up a factory …
Marya Day Agro Foods, a producer, distributor and exporter in the food, personal care and household industries in India, has opened its first four retail stores in the country since June 2016 and plans to open 100 more by the end of next year, according to a report in Progressive Grocer India. Marya Day has opened stores in Aligarh and Bareilly in quick succession after making its debut in June …
Australian supermarket chain Woolworths is launching a new range of ready-to-heat meat and vegetable dishes under the name Woolworths Simply , according to an article in Australian Food News. The range comprises 21 SKUs in total and is sub-divided into products labelled Simply Heat Slow-Cooked, Simply Stir Fry, Simply Roast, Simply Bake, Simply Roast and Simply Steam. Targeted at consumers looking for an easier way to create a home-cooked meal, the …
Household and personal care firm Godrej is set to expand its presence on the continent of Africa with the acquisition of two haircare firms, according to a report in Progressive Grocer India. The Indian firm, through its Africa-based subsidiary Darling Group, has reportedly acquired 100% of the shares in a company called Hair Credentials Zambia, and 51% in Weave Senegal. Godrej will pay “nil consideration for acquisition as the target entities …
Australian supermarket chain Coles has launched a new chain of convenience stores branded as Big Yum at Little Coles, complementing its existing Coles Express banner, according to an article in the Australian. The new Coles stores are said to offer a range of products designed for immediate consumption, such as take-out coffee and cold drinks, in addition to bakery goods such as croissants, as well as a “healthier” product range …
In a bid to keep pace with rapidly-expanding ayurvedic specialist Patanjali, health and household care multinational Colgate-Palmolive has announced the launch of a new herbal toothpaste for the Indian market, according to a report in the Economic Times. Colgate Cibaca Vedshakti is said to have been launched in response to a growing preference for products with natural ingredients and, at a retail price of around 50 INR ($0.75) for a pack …
US chocolate and snacks group Mondelez International is set to launch its $2 billion Milka brand in China, according to a report in the Financial Times. The newspaper said that the confectionery giant planned to price the chocolates “slightly above average” compared to the rest of the market, and would launch a standard line of 12 different products alongside special holiday editions. According to the Financial Times, the Chinese market …
Health and wellness company Lore Australia is launching a new herbal tea based on “native bio-food” guradji, according to an article in Inside FMCG. According to the company, gurạdji is a traditional native plant that has been used by indigenous people for thousands of years to heal ailments, cleanse the body and clear the mind Lore Australia Guradji Tea is described as caffeine free and naturally rich in bio compounds, …
Akagi Nyugyo, a Japanese manufacturer of ice cream and confectionery products, has announced the extension of the long-standing ice cream brand Gari Gari Kun with the launch of a new flavour that is claimed to taste like an isotonic drink. Offered under the Shari Shari Kun brand, the novelty Sports Drink flavour has been designed for the hot summer months and offers “coolness and hydration”. Unlike the ordinary Gari Gari …
From 12th July 2016, consumers in Australia will be able to purchase a new flavour variety of Doritos tortilla chips called Meatlovers BBQ. The flavour was developed in partnership with pizza restaurant chain Pizza Hut. The two firms had previously worked together in 2014, when a Doritos-stuffed pizza crust was released in Pizza Hut restaurants. This time, the partnership has resulted in the Meatlovers Pizza flavour, which is described as …
Japan Tobacco, the world’s third largest tobacco firm by market share, has announced that it has signed an agreement with the Ethiopian government to acquire 40% of the total shares in National Tobacco Enterprise Ethiopia, which has a monopoly in Ethiopia, for $510 million. Japan Tobacco outbid a number of competitors in a tender process, including British American Tobacco, which is believed to have offer $230 million, according to an …
A new milk confectionery brand called My Chewy is being made available in Thailand by Thailand Prairie Marketing. a leading importer and distributor of personal care, confectionery and food products. The candy comes in two flavours: one containing matcha (green tea powder) at its heart and the second with a coffee filling. Described as soft, chewy sticky sweet made with dairy milk, My Chewy Milk Candy is round in shape and …
Insight by Gama Compass™ MANCHESTER – 14th July 2016: ‘Fresh’, ‘locally-sourced’, ‘quick’, ‘no flavour enhancers’ and ‘additive-free’ are some of the key claims associated with products described as ‘real’ or ‘authentic’, while drinks concentrates, coffee and tea are among the most significant product categories for ‘real’ claims in new launches, according to Gama’s latest look at patterns in innovation and new product positioning. The analysis, conducted on products reported on Gama …
Leading Chinese e-commerce firm Alibaba and confectionery giant Mars have teamed up to offer online distribution for Mars products in China, enabling consumers to enjoy “a more convenient and international one-stop shopping experience”. 17 Mars brands including M&Ms, Snickers, Dove, Extra, Pedigree and Royal Canin are set to be sold in China on Tmall.com, a business-to-consumer platform for global and local brands, and Ruraltaobao.com, a relatively new platform aiming to …
Treasury Wine Estates, the Australian-based wine group, has announced that it has divested 12 non-core brands within its US portfolio. The firm, which owns Wolf Blass and Blossom Hill, said that the brands were sold at approximately book value and represented around one million cases of non-core Commercial wine. The name of the buyer was not specified. In a statement to the Australian stock exchange, Treasury Wine Estates said: “Over the …
South Korea’s major bread maker Samlip Foods has recently introduced a new croissant with banana flavour under its brand name Sand Farm. This new bread is described as round shaped croissant buns filled with banana cream, and then topped with fruit cocktail and chocolate chips, adding sweet and sour flavour to the buttery taste of the croissant. Commenting on the product, the company said: “We developed a new style of …
Japan-based beverage multinational Asahi is to expand its Wilkinson brand of carbonated soft drink range, first introduced in 1904, by introducing a new Dry Cola flavour. Tagged “Carbonation X Cola”, the new variety offers “a new type of stimulation” by combining strong carbonation and “polished” water with a dry cola flavour. The flavour and strong carbonation is enhanced by a sharp, non-sweet aftertaste that provides a refreshing effect, the company says.. …
FMCG multinational Nestle is set to release a swathe of new product launches in India as it seeks to reinvigorate its business in the country in the wake of the Maggi instant noodles controversy, the Times of India reports. According to the newspaper, the Swiss-based firm will be launching around 25 products across a range of categories, having seen its share of the instant noodle category slip back to 55.5% from …
Walmart, the leading supermarket chain in the US, and JD.com, China’s largest e-commerce company by revenue, have announced the formation of a strategic alliance “to better serve consumers across China through a powerful combination of e-commerce and retail”. The agreement between the companies includes a wide range of business initiatives, covering both online and offline retail. For Walmart, the alliance greatly expands its opportunity in China e-commerce and provides its stores …
Aldi, the discount retail chain, has opened new outlets in Perth, the first four of 70 planned supermarkets for western Australia, according to a report in Inside Retail. Aldi’s Australian website lists a total of four stores now open in the Western Australia region, located in Belmont, Kwinana, Lakeside Joondalup and Mirrabooka Square. A further 13 future store locations are also detailed on the company webpage. Just six weeks prior to …
Asahi, the Japanese drinks firm, is to launch a second edition of its Oishi Mizu Plus (Tasty Water Plus) line in collaboration with Calpis, a brand it acquired in 2012. The new bottled water features the same lactic acid bacteria used in Calpis dairy drinks, which is claimed to offer natural sweetness and obviate the need for artificial sweeteners. Said to be processed using Asahi’s original “clear water method” to …
Charoen Pokphand Foods Public Company Ltd (CP Foods), a leading agro-industrial and food conglomerate in Asia Pacific with a presence in over 40 countries, has announced the company’s entry into the packaged foods business in India. The new products are said to be nutritious, tasty, safe, traceable and of high quality, having been developed by in-house chefs, with a vision of the “Kitchen of the World and India”. The product …
Investment firm Pacific Equity Partners has offered A$232million ($165 million) for 100% of the shares in Patties Foods, according to reports in AFN and ABC. Australia-based Patties Foods is the owner of a number of brands in the bakery industry, including Four ‘n’ Twenty Pies, Herbert Adams Pies, Snowy River, Pies Chefs, Patties and Nanna’s. According to sources, Patties revealed that Pacific Equity Partners (PEP) has approached the company with …
US-based infant and toddler products firm Munchkin has launched its first formula, claimed to be made from milk produced only by 100% grass-fed cows, for the Australian market. The launch comes after the California-based firm struck a deal with New Zealand dairy producer Synlait to launch grass-fed formula milk in Australia and China. According to a report in InsideFMCG, the grass-fed cows that supply the milk are raised in New Zealand where …
C&C Group, the producer of Magners cider, has signed an agreement with Dutch beer importer Vandergeeten for the distribution of its Tennent’s portfolio in China. Vandergeeten will initially launch Tennent’s 1885 Lager, Tennent’s Stout, Tennent’s Whisky Oak Aged Beer, Tennent’s Scotch Ale, and Tennent’s Extra. Vandergeeten has been distributing food and beverage products from Belgium and Western Europe into China for over 20 years and currently manages a portfolio of …
Gama Innovation Award – Packaging MANCHESTER – 30th May 2016: Addressing environmental concerns while also offering the appeal of convenience, Kao Essential Refill Pack is May’s recipient of the Gama Innovation Award – Packaging. Named the Raku Raku Pack (‘Easy Easy Pack’), the new pouch for health & beauty manufacturer Kao’s Essential line of haircare products is designed to take the inconvenience, waste and mess out of refilling shampoo and conditioner bottles. The pouch pack features gussets on the top and …
Insight by Gama Compass™ MANCHESTER – 20th May 2016: Baby drinks, dairy, snacks, dairy & dairy alternative drinks and functional drinks are among the key markets for high protein claims in new food and drink launches over the past two years, according to Gama’s latest study of global food and drinks innovation. Taking into account products reported on Gama Compass™ since May 2014, Gama’s research also found significant parallels between ‘high protein’ …
FMCG multinational Nestle is set to expand its coffee offering in India with the launch of Nescafe Sunrise Insta-Filter Coffee – “which provides the taste of filter coffee and yet does not require a filter”. According to Nestle, the new coffee is made from 100% Indian coffee beans, handpicked from Coorg and Chikmagalur, blended, roasted and transformed into a dry product that “locks the rich aroma and fresh taste of …
Mondelez India Foods, part of food conglomerate Mondelez International, has inaugurated a new manufacturing facility in Sri City, Andhra Pradesh, India that is described as the company’s largest factory in Asia Pacific. According to a company press release, the plant is part of an investment of $190 million and is expected to produce approximately 60,000 tons of “India’s favourite” Cadbury Dairy Milk chocolate annually. By 2020, the yearly production capacity …
Patanjali Ayurveda, the fast-growing ayurvedic consumer goods firm, is seeking to establish a new production facility in Pithampur, near Indore in Madhya Pradesh, as it looks to ramp up its production of personal care products, according to a report in the Times of India. Official sources are reported as saying that the firm, which manufactures 45 types of cosmetic item, had asked for around 40 acres of land to start …
Gama Innovation Award – Positioning MANCHESTER – 28th April 2016: Koikeya Pototto+ Potato Snack picks up the Gama Innovation Award – Positioning for April, by virtue of its haircare-inspired functional seasoning oil – a first in the snacks space. Seeking to bring beauty benefits to the mainstream savoury snack arena, Koikeya Pototto+ Potato Snack is a launch that plays on the new-found popularity of plant oils as health-enhancing and beautifying …
Gama Innovation Award – Packaging MANCHESTER – 26th April 2016: This month, the Gama Innovation Award – Packaging goes to Tata Tea Fusion Tea, which promises to bring tea blending to the masses by means of an unusual multi-layered jar. “For the first time in India, tea lovers will get to prepare and enjoy their tea the way they want it”, boasts Tata Tea Fusion Tea, a new product concept from tea …
Advertised as “your gateway to the Japanese wine, beer, spirits, gourmet food and foodservice market”, Wine and Gourmet Japan – a recently-established trade event staged by Koelnmesse, the organisers behind major European shows such as Anuga and ISM – returned to the showgrounds of Tokyo’s Big Sight Exhibition Center for its latest edition. Visitor numbers for the 2016 event showed a modest increase on the previous year, with a total …
Insight by Gama Compass™ MANCHESTER – 21st April 2016: Baby food stands top of the pile for both ethical and environmental claims, with baby cereals leading the way at the category level, Gama’s latest research into patterns in new food launches has found. Based on a study of products reported on Gama Compass™ over the last two years, Gama has found that baby food categories are hotspots for messages that address …
The Australian arm of FMCG multinational Unilever has launched a green tea said to have been blended “to remove any bitter aftertaste”. According to an article in Australian Food News, the new Lipton Delicately Fresh Green Tea was developed following consumer research that revealed consumers tended to avoid green tea due to the often bitter after-taste. The new launch “is uniquely blended with steamed Green Tea leaves, to give your …
The Australian division of US cereal and snacks giant Kellogg is to open a pop-up “cereal cafe” in Sydney for a limited time, according to reports in Australian Food News and the Daily Mail. Located in the Surry Hills area of the city and open for one week from the 19th April, the cafe will reportedly feature a dessert, brunch, lunch and drinks menu and is being operated in collaboration …
Dutch beer maker Heineken has announced the launch of a new global campaign called Shape Your City that “aims to broaden the imagination of and ignite creative ideas in the new generation of people living in urban cities”. According to an article in Thai PR, the campaign will be launched together with a new 320ml ‘sleek’ can priced around 44 THB ($1.25) that is said to be the first in …
The Indian arm of food and drinks multinational Danone has announced that it will invest $22.5 million to expand a plant in Lalru, Punjab, where it will set up a new spray dryer unit to manufacture infant nutrition products, according to a report in the Ecomonic Times. Commenting on the investment, Danone India MD Laurent Marcel said: “India is a strategic market for us with immense potential in value added …
Lactalis, the French dairy multinational, has agreed a deal to acquire the dairy business of Indian firm Anik Industries, according to reports in Just Food and Les Echos. Subject to competition clearance, the deal, which is valued at 4.7 billion INR ($70.6 million), is expected to be concluded within the space of four months. The acquisition includes two plants, one located in Bhopal in Madya Pradesh and the second in Etar …
Huiyuan Juice, a Chinese fruit and vegetable juice producer, has announced that one of its wholly owned subsidiaries has entered into an agreement with a subsidiary of Yeo Hiap Seng to enter the Malaysian market through the manufacture and distribution of fruit and vegetable juices. The agreement sets out the establishing of a joint venture company which will combine the production management, distribution and marketing expertise from Yeo Hiap Seng, …
Pulmuone, South Korea’s leading tofu manufacturer, has announced that it will purchase substantially all of the assets of Vitasoy USA for $50 million. Pulmuone said that the deal, which includes America’s number one tofu brand Nasoya, would give it outright market leadership of the US tofu category as well as a consolidated operations foothold within the global tofu markets of South Korea, the US, Japan and China. According to the …
Japanese confectionery company Ezaki Glico, which own brands such as Pocky (Mikado in Europe) and Pretz, has announced a new health drink based on the fashionable ‘superfood’ coconut oil. Claimed to be an easy way to daily get all the benefits of coconut oil, Glico Cocosmart is described as being made through an emulsification process and contains 15g of coconut oil and 7.6g of medium chain fatty acids. It is …
It’s Skin, South Korea’s major cosmetic manufacturer, has signed a deal with retail giant Dabur to sell 120 products under its name in India, according to a report in Yonhap News. The products will be sold in 10 New U shops in New Delhi before rolling out a further 20 shops in the capital and other cities later in the year. According to an article in Cosmetics Design Asia, the …
Health-food manufacturer YGC Group, in collaboration with the National University of Singapore, has unveiled the launch of a new range of health drinks made with eucheuma, a type of seaweed found locally in South-East Asia. Announcing the launch, YGC Group said the line was suitable for a broad demographic and was promoted as an “everyday drink targeted at the health-conscious”. The line, which features omega-3 rich eucheuma as its primary …
Gama Innovation Award – Packaging MANCHESTER – 23rd March 2016: Nisshin Cooking Flour Shaker, with its ‘miniature’ format and unusual dosing devices, is this month’s recipient of the Gama Innovation Award – Packaging. New in Japan from flour firm Nisshin, the Nisshin Cooking Flour Shaker innovates through its multiple measuring devices and preservation benefits. Promoted especially for “small families and less frequent users”, the flour comes in a compact PET …
Amado, the health and wellness firm, has announced the introduction of a new “health tea” for sale in its domestic market of Thailand. According to the company, Amado DH Tea offers relaxation and refreshment and promotes good sleep. In addition, the use of “natural matcha from Japan” is claimed to reduce blood sugar levels and normalise blood pressure through regular consumption, which in turn assists in reducing the risk of …
Coca-Cola South Pacific is set to launch a new strawberry sherbet variety of its Fanta soft drink in a bid to bring more “fun” to the category, according to an article in Food & Beverage Industry News. The new Strawberry Sherbet Fizz flavour, launched in Australia, is promoted as a fruity and refreshing strawberry sherbet soft drink with “extra tingles & bold bubbles” for added “zing”. Fanta brand manager Ramona …
Insight by Gama Compass™ MANCHESTER – 15th March 2016: Functional claims go hand in hand with ‘greek’ formulations in new yoghurt launches, while North America continues to be a hotspot for greek yoghurt NPD, according to Gama’s latest study of product trends in new FMCG launches. Despite the now global dimension to the greek yoghurt boom, Gama’s research continues to point to significant variations in the proportion of ‘greek’ products launched …
Trend Insight by Gama Compass™ Unlocking trends and pointing the way to new opportunities in consumer goods innovation MANCHESTER – 8th March 2016: A continued focus on ‘homeliness’, exploiting changing needs at the breakfast occasion, satisfying the appetite for indulgence, and catering to growth in single-serve and ‘sharing’ options are among the areas in which frozen bakery and pastry firms can look to direct their innovation efforts in the year ahead, …
Calbee, the Japanese snack and confectionery company, has announced the release of three new unusual potato crisp flavours, launched as a part of promotion of celebrating the firm’s 40th anniversary. Due to go on sale this March, the new varieties stem from an ‘audition’ held last year to find interesting and innovative flavours for the Calbee brand. Calbee has now revealed that the ‘winning’ flavours were Gomayopon, a mix of …
Dutch dairy firm FrieslandCampina has unveiled its intention to aquire a majority stake in Engro Foods, the leading Pakistani dairy firm, as it announced its latest financial results. The company said that the proposed acquisition formed part of its updated Route2020 programme, which sees strategy resources deployed to achieve sustainable long-term growth through existing and new product-market combinations. FrieslandCampina said that it would start investigating a possible acquisition of an interest …
Lotte Chilsung Beverage Co, a unit of South Korean retail conglomerate Lotte Group, is expected to acquire a major share in a PepsiCo bottling company in Pakistan, the Maeil Business News reports. Quoting sources from Lotte Group and the investment banking industry, Maeil Business News said that the South Korean firm was reportedly looking to buy 51 to 52% of shares in Lahore PepsiCo, a PepsiCo bottling company located in …
The latest innovation insight from Gama Compass™ MANCHESTER – 3rd March 2016: This week’s Innovation Insight looks at the latest attempt by Japanese firm Koikeya to innovate in the crisps category, this time via a new oil-based ‘shake and season’ concept that allows consumers to adjust the amount of fat present in the final product – Pototto+ Potato Snack. Seeking to bring beauty benefits to the mainstream savoury snack arena, Pototto+ …
Coca-Cola is contemplating the sale of its bottling operations in India, valued at $1 billion, as it moves to focus on brands, marketing and strategy in line with global policy, according to sources quoted by the Economic Times. “Coca-Cola plans to start talks with large industrial houses for the potential divestment”, an unnamed source is quoted by the newspaper as saying. “The deal could take 12-18 months to close”, the …
New Zealand dairy firm Fonterra has launched a new version of its Anchor Milk in that is claimed to feature a microfiltration technology to extend shelf life. Initially available in the Australian state of Victoria, Anchor Finely Filtered Milk uses microfiltration to remove 99% of the naturally occurring bacteria in milk via a technique that pushes the milk through a special ceramic filter. This creates a “beautifully fresh tasting” finished product …
Drink and snacks giant PepsiCo has announced the expansion of its Lay’s crisp brand in Thailand with the launch of two new sweet flavours. Promoted as offering a “perfect blend” to “creates delicious new ways” with flavour, the new Lay’s offering includes Honey Butter and Caramel Popcorn varieties, the former topped with “super sweet honey” with a “tantalizing” taste, and the latter featuring a “delicious, fantastic” popcorn flavour “carefully” combined …
As part of a recent strategic shift, Japanese bakery firm Yamazaki Bakery has decided against renewing its licencing agreement with international food giant Mondelez International, under which it manufactures products under the Yamazaki Nabisco banner, according to a report in the Nikkei Asian Review The decision marks the end of a relationship dating back to the 1970s through which Yamazaki has produced goods for the Japanese market under brands such …
Insight by Gama Compass™ MANCHESTER – 23rd February 2016: Orange and lemon flavours are associated with premium claims and higher price points, while strawberry flavours are especially common in Latin America and in launches targeted at children, the latest information from Gama Compass™ indicates. For this month’s study of trends and patterns in new product launches, Gama has pinpointed the five leading fruit flavours in global innovation over 2014 and 2015 …
Fujian, China based candy manufacturer Yake Food has entered the mineral water market with a “premium” offering under the Changbai Springs brand name. The line is said to feature an award winning packaging design and is based around the core idea of a “Changbai Oasis” offering “the first morning cup of water”. According to PET Engineering, the company behind the bottle, the design was “born from the idea of enobling the …
Coca-Cola South Pacific has launched Fuze Tea, a new line of ice tea described as an “aspirational iced tea offering” and a “premium product”. The Fuze brand was first launched in the US, where the current lineup now includes ice tea in flavours such as lemon, strawberry and mango orange, as well as a range of juice drinks. In Australia, the range is said to comprise the flavours Wild Raspberry …
Australian supermarket chain Woolworths has recently announced the launch of an extension to its click & collect service using local transport hubs, to be trialled at Sydney’s Bondi Junction train station. According to a report in InsideFMCG, the 12 month click & collect initiative will allow customers to place an online order with the retailer before 11am and then collect their purchases from specially designed lockers later in the day. Woolworths …
Arnott’s, the Australian biscuit and cracker firm, is extending its Tim Tam range of chocolate biscuits to include four new mocktail-inspired flavours as a limited period release. Promoted by the manufacturer as a “hassle free drinking experience”, the new line of Tim Tam Chocolicious chocolate biscuit is available in the varieties Virgin Pina Colada, Virgin Espresso Martini, Virgin Strawberry Champagne and Virgin Chocolicious Velvet Mudslide. Claimed to offer consumer “the …
German food manufacturer Dr. Oetker is setting up a new manufacturing plant in Rajasthan, India with an investment of 250 crore INR ($37 million). Dr. Oetker, which sells a range of products including mayonnaises, sauces, spreads, salad dressings, cakes and dessert toppings, has two existing production units with a manufacturing capacity of 12,000 tonnes. Speaking to the Press Trust of India, Dr. Oetker India managing director Oliver Mirza said: “We have …
Sajo Group, a South Korean processed seafood manufacturer, has agreed to acquire a 85% stake in Korea Flour Mills, the holding company of DongA One Group, for 100 billion won ($82 million), according to a report in the Korea Times. DongA One Group produces a range of flour products for retail and foodservice channels, and is also active in the animal feed sector. A spokesman for Sajo said: “We expect …
In the latest of a line of unusual cola launches, beverage firm Suntory has unveiled what is claimed to be the world’s first cola with the flavour of cherry blossom (sakura). Pepsi Cherry Blossom Cola is said to have the same pale pink colour as cherry blossom itself and is described as having a fragrant, sweet aroma that “adults can enjoy”. The 490ml bottle is designed to be high impact …
Indian company Mother Dairy has announced its intention to set up a new processing plant for fruit and vegetables in the east of the country. The leading dairy firm is investing 75.65 crore INR ($11.1 million) in the new plant, which will have a processing capacity of 25,000 metric tonnes per year and which will be located in Ranchi, Jharkhand. The two-phase project is expected to conclude in 2017 when …
Godrej, one of India’s leading home and personal care companies, has announced plans to expand into new African markets with the acquisition of a majority stake in Kenya-based Canon Chemicals. Canon Chemicals manufactures and distributes products in the personal and home care categories. Its major brand is Valon, a petroleum jelly, although the company is also active in air fresheners, detergents and candles. In 2015, the annualised revenue of the business was 1,146 million …
Dairy cooperative Murray Goulburn has signed a deal to become the supplier of private label cheese products to supermarket chain Coles from 2017, according to a report in Australian Food News. Commenting on the deal, Murray Goulburn said: “The contract includes the supply of a range of Coles brand cheddar-style cheese including tasty, colby, mild and light cheese in blocks, shreds and slices for Coles supermarkets across Australia. The national …
QAF, the parent company of Gardenia Bakeries, has opened a new factory in Laguna, Philippines that will enable it to increase its production by 50%, according to reports in the Philippine Star, Business World Online and the Manila Times. The new factory – the company’s sixth – has capacity for 150,000 loaves per day. Built at a cost of 1 billion PHP ($21 million), it is said to have been …
Food and drinks giant Nestle is expanding the KitKat chocolate biscuit bar range in Australia with a focus on Chinese-inspired flavours, according to a report in Australian Food News. The news source reports that consumers will be enticed with flavours such as Tangerine Creme Brulee, Taro & Black Sesame, Red Bean & Toasted Coconut and Almond Cookie, with the limited edition options retailing at A$6 ($4.19) from the brand’s new …
Danone India is expanding its dessert portfolio to introduce ready to eat flavored custard, a first of its kind product in the packaged dessert category in India, according to reports in FnB News and Just Food. Although custard is already available in India as a premix, the new product aims to address the need for convenience by eliminating the need for cooking. Danone Ready To Eat Custard is available in …
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 claim to be used by product marketeers, while two other ‘non-artificial’ claims – ‘no artificial …
Irish dairy cooperative Ornua has announced that it acquired Ambrosia Dairy, a dairy producer based in Shanghai, China. The acquisition of Ambrosia represents Ornua’s first step into manufacture in China. Ambrosia produces dairy products such as sour cream, yogurt and speciality cheeses which are supplied to Shanghai’s retail and food service markets, and Ornua said that the acquisition would increase its access to those markets. Ornua’s purchase of Ambrosia also …
The Chinese arm of FMCG multinational Nestle has signed an e-commerce partnership with web portal Alibaba that will see Nestle products made available online for a Chinese audience, according to a report in New Food Magazine. The purpose of the partnership is to expand Nestle’s online sales through the introduction of new products to internet consumers, along with the strengthening of the company’s brand image in China. The project follows …
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 as being targeted at the over 25, health conscious market. According to NNA, CP Meiji …
FMCG major Emami is extending its ayurvedic brand Zandu with the addition of new packaged honey, according to an article in the Economic Times. Promoted as being sourced “from the best and most indigenous breeders and beekeepers”, Zandu Pure Honey is said to be “packed following stringent international quality standards to ensure purity & best quality honey”. In addition, it claims to contain no added sugar, unlike rivals that are …
Too Cool for School, a cosmetics manufacturer based in Seoul, South Korea, has recently rolled out a new “transforming” mascara under the brand Dinoplatz Twisty Tail. The new product is described as featuring an adjustable dial that allows consumers to customize the brush to the desired angle in a choice of three positions. When the dial is turned furthest the angle of the brush is at its most acute, allowing …
Global food and drinks firm PepsiCo is aiming to expand its position in the Indian snacks market with the launch of various new products for different market segments, according to reports in Just Food, the Economic Times and Restaurant India. The company is said to be planning to launch both mass market and more niche products in order to compete with regional players. Under the Lay’s brand, the firm is …
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, which is available in a range of flavours as well as in Gluten Free, Oats2Go, …
Leading Japanese beverage maker Asahi Group Holdings is planning to make an offer to buy European beer brands Grolsch and Peroni, according to reports in Yomiuri and the Japan News. In November, it was reported that AB InBev was giving consideration to a disposal of Peroni and Grolsch in order to head off possible competition concerns over its takeover of SABMiller. A deal between Asahi and AB InBev for the …
With Patanjali Ayurveda aggressively launching new products in the ayurveda and natural beauty segment, leading FMCG firm Dabur India is set to launch new ayurvedic products of its own in order to counter the increased competition and maintain its market share. The ayurvedic and natural beauty segment has been the focus of significant NPD activity in India in recent times, with Patanjali in particular launching an array of new products …
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 manufactured in at least five different locations, the company said. The expansion is part of …
Pocky, one of Japan’s leading snack brands, is to undergo a temporary rebranding exercise in a marketing effort centred on personal messages. The campaign from brand owner Ezaki Glico will see pack designs altered to communicate messages of affection, gratitude and good fortune. Among a total of 10 options, the original Pocky snack will be renamed as a choice of Sukky (“I like you”) and Giricky (“I care for you”) …
Japanese snack manufacturer Koikeya has added to its line of sweet flavour potato crisps with a new Strawberry Shortcake variety. Koikeya Strawberry Shortcake Crisps were said to be have been launched in time for Christmas season when cake products are in high demand. The special edition flavour is said to be made with domestically produced Tochiotome-type strawberries, and is claimed to have an authentic strawberry shortcake flavour. The company began …
Gama Innovation Award – Positioning MANCHESTER – 17th December 2015: Nepia Deodorizing Toilet Paper, new in Japan from Nepia, is this month’s recipient of the Gama Innovation Award – Positioning. Nepia Deodorizing Toilet Paper offers new functionality in bathroom odour removal through a plant-derived deodorizing ingredient added to the inner cardboard tube. Specifically, the product’s active agent is claimed to tackle hydrogen sulfide and ammonia that are said to be particularly …
USL, a subsidiary of Diageo operating in India, has taken the strategic decision to move out of the FAB market due to lack of scale in domestic RTD sales, according to reports in the Economic Times and the Times of India. Premixed vodka drink Smirnoff Ice was launched by USL to challenge Bacardi Breezer, which is said to currently enjoy more than 90% share of the Indian FAB market. According …
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 and 2015, has examined trends and patterns in the world of cereals and breakfast foods, …
Singha, one of Thailand’s leading food and beverage firms, has announced that it has entered a joint venture with Japanese rice cracker maker Sanko to expand into the snack market. According to a report in the Bangkok Post, the move forms part of Singha’s plan to become one of the top five food and drinks firms in South East Asia by 2020 and aims to boost the popularity of rice …
Leading Korean cosmetics firm Etude House has released a lip tint ‘pudding’ under the Snowy Dessert brand as a part of its 2015 Holiday Collection line. According to a report in Daily Cosmetic, the product packaging comes in the form of a mini ‘cake box’ emphasising its design concept, and with a texture that replicates that of a real pudding. It is applied just as a pudding would be consumed …
Aldi has recently announced the extension of its frozen desserts range in Australia with the launch of a new summer ice cream under the Milfina private label brand name. According to Australian Food News, the new individual stick ice cream is called Summer Delight and consists of “caramel and vanilla flavoured ice cream which is dipped in chocolate and wrapped in biscuit pieces”. The product is described as being free …
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 2016 for various initiatives. Banks have already sanctioned Rs 500 crore as working capital loan …
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 carbonated drink, available in citrus, peach and berry flavor, free of preservatives and fortified with …
Tata Global Beverage Limited, in association with its subsidiary Tata Coffee, is looking to strengthen its hand in the branded instant coffee category in India with the launch of Tata Coffee Grand. Tata Coffee already has some presence in instant coffee in India – a market currently dominated by Nestle and Unilever – through brands such as Tata Cafe, Tata Kaapi and Mysore Gold. Speaking on the launch to FnB …
The latest innovation insight from Gama Compass™ MANCHESTER – 26th November 2015: Gama returns to the RTD coffee shelves for this week’s Innovation Insight, taking a look at innovative microwaveable packaging that enables consumers to recreate the ‘coffee shop’ experience in their own home – Suntory Renji De Torokeru Hot Latte. In an apparent first for the RTD coffee space, Suntory is expanding its long-standing RTD tea and coffee range with …
Convenience store chain Family Mart is to start selling four varieties of latte, tea and jelly drinks under the Cafe& Meal MUJI name in what will be the brand’s first foray into chilled drinks. The brand, first established by Japanese retail firm Ryohin Keikaku in 2014, is claimed to offer products made with simple methods for the best flavour. The new line, claimed to “maximize the flavour of each of …
Five South Korean cosmetics companies have signed a joint venture agreement with Indian firm Rajshree Empires through their South Korean arm PLK International to enter the Indian market, according to a report in Net Indian. PLK International, Coson, Outin Futures BCL Cosmetics, Kell Cosmetics and Esthetic House Company are all part of the new venture. As part of the deal, the companies and Rajshree Empires are said to be investing …
Patanajali Ayurved, the fast-growing FMCG based on the traditional Indian principles of ayurveda, has announced the launch of Patanajali Instant Atta (Wheat) Noodles, just a few days after Nestle’s Maggi brand noodles returned to shelves. Priced at 15 INR ($0.23) for a 70g pack, the new launch is claimed to be more affordable than rival products from competitors such as Nestle, ITC and Unilever. As reported by The Economic Times, …
Japanese personal and household manufacturer Kao has announced that it has developed a new pouch pack that is designed to make it easier to refill shampoo bottles and similar products. Named the Raku Raku Pack (Easy Easy Pack), the product has a “universal design” that “anyone can understand and use easily” and also has environmental benefits, according to Kao. The package is particularly intended for viscous liquids such as shampoo …
Tassal, the largest salmon producer in Australia, has introduced a new line of ready-to-eat, “healthy” ambient fish-based snacks. Described as a ”quick, healthy and delicious snack that loves you back”, the new range aims to offer a new on-the-go meal option. The product is available at an RRP of A$4.29 ($3.06) and in the varieties Salmon & Quinoa (“packed with omega 3”), Salmon & Beans (“packed with protein”) and Salmon …
China’s Yashili New Zealand Dairy, a subsidiary of Yashili International and Mengniu Dairy, has opened an infant formula plant in Pokeno, Auckland, New Zealand after a three-year construction period. Yashili New Zealand general manager and director William Zhao said the company chose Pokeno because of its geography, location and excellent dairy farming facilities. “The operation of the Mengniu-Yashili New Zealand plant will help to build a global network for Mengniu …
Insight by Gama Compass™ MANCHESTER – 12th November 2015: This month, Gama’s study of dynamics in new consumer goods launches looks at flexible packaging, focusing in particular on the penetration of pouch formats – in their varied manifestations and applications – across different categories and regions. Concentrating on the food, drinks and household industries, Gama has looked at new launches reported on Gama Compass™ over the last 18 months to …
United Biscuits, the UK manufacturer of bakery products under the McVitie’s brand, has officially opened its flagship eCommerce store for consumers in China on Alibaba Group’s Tmall platform. The launch of the new store was timed to coincide with Alibaba’s 11.11 Global Shopping Festival (a 24-hour annual sales event in China) and aims to further the interest that Chinese consumers have been showing in McVitie’s products since the brand’s launch …
Coca-Cola has announced that it is expanding its Share A Feeling marketing campaign – first trialled in Vietnam in July – to Thailand. According to the company, the campaign brings the “online emoticon communication trend to real-life, inviting Thais to Share a Coke, Share a Feeling via a proprietary set of 39 emoticons” that will be printed on bottles and cans of cola. Together with the campaign, the company will offer animated …
Maeil Dairies, a Korean manufacturer of milk products, infant formula, coffees and juices, has entered into a joint venture agreement with Hangzhou, China based Beingmate Baby & Child Food, a leading Chinese baby formula manufacturer, to develop new health-focused baby milk products. Named Hangzhou Beingmate Maeil Food Company, the joint venture will reportedly focus on the production of a special instant formula for premature or low-weight babies, lactose-intolerant infants and …
Organic meat manufacturer Cleaver’s is expanding its paleo range with the launch of two new sausage varieties as well as new beef burger options. According to a report in Inside FMCG, the launch of the new products is a result of the success of the brand’s paleo beef sausage launched in early 2015. Pete Evans, the chef and ‘paleo advocate’ who has partnered with Cleaver’s on its paleo line, commented …
Hengan, a Chinese manufacturer of nappies and sanitary towels, is reportedly considering selling off its confectionery business QinQin Foodstuffs. A Bloomberg report, quoting “people with knowledge of the matter”, said that the division, which includes the sweet brand Qinqin and the waffle brand Ai Le Ge, could fetch about $300 million. While QinQin Foodstuffs reported 1.53 billion HKD ($198 million) of sales in 2014, revenue dropped 8.1% in the first half …
US-based food producer General Mills has announced plans to close two more plants as it looks to streamline its manufacturing operations globally, according to reports in Manufacturing.net and the Star Tribune. The company has earmarked two more facilities – one in the UK and one in New Zealand – for closure as part of its restructuring plans. The first is a plant in East Temaki, New Zealand that produces pasta, …
Nestle has announced that it has invested 87 million CHF ($88 million) in new food and drink production facilities in Malaysia to cater for rising demand. The firm’s new beverage plant cost 66 million CHF ($67 million) and is Nestle’s eighth plant in Malaysia. Over 40,000 sq m in size, it will produce ready-to-drink products including Milo chocolate and malt drink, Nescafe coffee, Sjora fruit juices and drinks, and Nestle Omega Plus milk. …
Abe’s Bagel Bakery has partnered with Kraft to offer consumers Vegemite flavoured Bagel Crisps. According to Australian Food News, Abe’s Bagel Bakery Vegemite Bagel Crisps are thinly sliced oven baked bagels, with the Vegemite flavour “offering a hint of the spread.” The new flavour joins existing varieties Marlborough Sea Salt, Roasted Garlic, and Caramelised Onion & Balsamic Vinegar in the ABE’s Bagel Bakery line up. The bagel crisps are said …
Skin and hair care firm Carol Joy has released what it claims to be the world’s first pure collagen skincare spray. Made from a combination of 100% pure collagen and plant stem cells, Carol Joy Pure Collagen Spray is said to deliver long lasting transformation instantly with confirmed results that show 95% more revitalised skin, 90% more moisturised skin and 85% more even skin tone. According to the company: “Skin-identical …
Nutrina Interfood has launched a new instant soy powder for the Thai market that is claimed to offer “genius nutrition”. Advertised as “good for the heart and the brain, and disease” by manufacturer Nutrina Interfoods, Nutrina Instant Soy Powder is claimed to be organic, rich in amino acids, calcium (960mg per stick) and dietary fibre as well as high in vitamins K and D. The product uses non GMO soybeans …
Beer firm Tsingtao has announced that it will acquire its remaining stake in its Suntory joint venture, according to a report in the Want China Times. In a statement to the Hong Kong Stock Exchange, the company said that it woul buy a 50% stake in both the beer manufacturing and sales companies in its joint venture with the Japanese beverage conglomerate for 822.9 million CNY ($129.5 million) in the …
Nestle is to bring its Maggi brand of instant noodles back to the Indian market having cleared the mandatory quality tests as directed by the Bombay High Court. The company is now eyeing a comeback in time for the Hindu festival of Diwali. Earlier this year, Maggi noodles were banned in India after the Food Safety and Standards Authority of India (FSSAI) found concentrations of lead higher than permitted levels. …
Japan Tobacco has bolstered its presence in the Iranian tobacco industry through the acquisition of a local cigarette manufacturer, according to a report in the Financial Times. Through its Iranian subsidiary JTI Pars, the company is said to have purchased tobacco firm Arian Tobacco Industry (ATI) for an undisclosed sum. Japan Tobacco currently produces cigarette products – including brands such as Winston, Magna and Monte Carlo – at a JTI …
Confectionery giant Lotte has announced the launch of a new milk chocolate product in Japan that is claimed to be especially rich in lactic acid bacteria. According to information, Sweets Days Lactic Acid Bacteria Chocolate contains 100 times as much beneficial bacteria as conventional chocolate, enabling consumers to “take a piece of wellness” with them on the move. Lotte describes how the bacteria are coated and stored within the fat …
Insight by Gama Compass™ MANCHESTER – 16th October 2015: Lime and peach are the most popular flavours in new alcoholic drinks launches, according to the latest study of global NPD by Gama. Based on analysis of products reported on Gama Compass™ over the past 18 months, lime was the leading flavour across new alcoholic launches globally, featuring on just over 5% of products in the study sample. Second in the …
Australian wine giant Treasury Wine Estates has announced that it is to acquire the majority of assets from Diageo’s wine operations in the UK and the USA in a cash deal worth $600 million. As a result of the acquistion, the company behind brands such as Penfolds, Rosemount Estate and Wolf Blass will now also add Blossom Hill – the UK’s second-biggest wine brand by value and volume in FY 2015 – …
Tata Chemicals , a subsidiary of Tata Group, has added a new “nourishing” brand called Tata Sampann to its food portfolio, according to reports in the Times of India and AFAQs.com. Sampann, which means “enriched”, “prosperous”, or “complete” in Hindi, aims at providing extra nourishment within everyday foods. The new brand will initially include a range of unpolished high-protein dal (pulses) and low-oil absorb besan (gram flour) but in future …
Japan Tobacco has announced that it is to buy $5 billion of cigarette assets from rival tobacco firm Reynolds American to acquire the Natural American Spirit business outside the US. The company said that the deal included the trademarks and all outstanding shares of Reynolds American’s subsidiaries outside the US which sell the brand. Japan Tobacco added that the Natural American Spirit brand had “provided a unique product offering and …
Lactasoy, which produces and distributes Lactasoy UHT soy milk products, has announced a 2.1 billion THB ($33.7million) investment plan that will see the opening of two new factories in Thailand. The company plans to establish one factory at its complex in Prachin Buri and a second facility in the northeast of the country. At the former site, the company currently has annual capacity for about 2 billion packs of soy …
The latest innovation insight from Gama Compass™ MANCHESTER – 9th October 2015: In this week’s Innovation Insight, we look at the launch of a drink seeking to bring the benefits of ‘freshly brewed’ to the chilled coffee space through packaging innovation – L Cafe Snowing Black Coffee Drink. Starting from the principle that ‘fresh is best’ when it comes to coffee, L Cafe Snowing Black Coffee Drink is a new product …
Heineken, the world’s third biggest brewer by volume, has announced that it has entered into a partnership with global spirits firm Diageo to realign its ownership interests in a number of emerging markets. The deal sees Heineken take control of Desnoes & Geddes by acquiring Diageo’s 57.9% shareholding and also gives the firm full ownership of GAPL. Desnoes & Geddes is engaged in the brewing, bottling and distribution of beers, stouts and spirits in …
Coca-Cola South Pacific has announced the launch of a new version of its Powerade sports drink in Australia, in move described as the brand’s “biggest reformulation since 2006”. According to Australian Food News, the new formula has been named Powerade ION4, with Coca- Cola saying it contains 5% more electrolytes than the current version. The publication also went on to say that the the launch would be supported with a …
Japanese beer company Asahi has furthered its interest in the craft beer sector with the acquisition of 100% of the Australian brewer Mountain Goat. Launched in 1997 by Cam Hines and David Bonighton, Mountain Goat produces low-volume beers at a facility in Richmond, Melbourne, while bottled and canned beers are brewed at a larger plant in Laverton, Western Australia. “We’ve been contract partners with Asahi for three years now, and …
Suntory is expanding its product range in Japan with the launch of the limited edition Pepsi Ghost for the Halloween period. Pepsi Ghost comes in a total of four varieties, sold in a 490ml bottle, and each is said to feature a ‘mystery flavour’. According to Suntory, the line was designed to offer an element of surprise and fun for Halloween events. The packaging features “cute” and colourful ghost designs, …
French dairy producer Les Maitres Laitiers du Contentin (MLC) has signed a supply contract with Synutra, a Chinese infant formula company, which will provide for the construction of a production plant in Normandy France. “This contract will enable the construction of a new plant in Meautis, in the Manche department, with an investment of €114 million, and will create 200 jobs”, MLC management is reported as saying. Financial details of …
The Australian owned Sesion Tequila is set to hit the market at the end of October this year, according to reports in Australian Food News and Just Drinks. According to Australian Food News, the beverages are made with no additional sugars, extracts or processing, and are designed to be “sipped and savoured”, although they can also be used in cocktails. The tequila will be available in the varieties Blanco, which …
Japan’s second-largest meat processor Itoham and the number seven player Yonekyu have agreed to a new combined management structure through the setting up of a joint holding company in April 2016. The two merging companies anticipate synergy effects from the integration, with Itoham having an advantage in production of beef and pork as well as packaged retail foods, while Yonekyu focuses more on business sales, specialising in pork and chicken …
South Korean cosmetics and toiletries manufacturer Skinfood has announced that it has released a new line of skin care products under the brand Beer One Shot For Men. Targeting urban men with a busy lifestyle, the line is designed to simplify skincare routines and comprises three products: a Moisture Balancer (100ml), a combination of cream and lotion; a Moisture Essence Toner (155ml), a combination of toner and essence; and a …
Confectionery firm Perfetti Van Melle and ice cream specialist Baskin Robbins have come together for the first time to launch a new ice cream based on the Alpenliebe Juzt Jelly branded sweet. Made with 25% fruit pulp, Alpenliebe Juzt Jelly from Perfetti is the market leader in the jelly category and will be used as an ingredient in the specially designed co-branded ice cream created by Baskin Robbins, which is …
Megmilk Snow Brand, the Japanese dairy firm, has announced the launch of “edible coffee” as an extension to its product range. The launch is an addition to the Yukijirushi Coffee range, which has been on the market for more than 50 years. The pack design is almost identical to the long-standing coffee drink but instead bears texts saying “to eat” and “the same taste – now as a dessert!” The …
Australian ice cream firm Bulla Dairy has partnered with global spirits company Diageo to launch a range of ice creams flavoured with the Irish cream liqueur Bailey’s for the Australian and New Zealand markets. Although described as an “adults-only” product, the new ice cream will contain less than 0.5% alcohol, according to a report in Australian Food News. The range comes on the market in three flavours – Original, Burnt …
Insight by Gama Compass™ MANCHESTER – 10th September 2015: North America is the leading region for low calorie claims but also for high calorie products in new food industry launches, Gama’s latest study of global FMCG product innovation can reveal. Focusing on products reported by Gama Compass™ over the last 18 months, Gama’s analysis has revealed the often stark variations, both in terms of low-calorie claims and actual calorie content, exhibited in …
ITC, the leading Indian FMCG firm, has announced that it will expand its offering by launching its first dairy product – ghee – by the end of Q3 this year. The company has built a milk processing plant in Munger, in Bihar – where it has a network that covers more than 2,800 dairy farmers with an average procurement of over 10,000 litres per day – and is already investigating …
Japanese food firm Calbee has announced its first foray into the yoghurt category with the launch of a new range under the Furugura (Fruit Granola) brand. The company has previously established the brand in the breakfast cereals category and is now looking to extend it to dairy. According to a Calbee press release, the yoghurt is “perfectly soured” with “crunchy textured” granola that makes it ideal as a “quick, filling” …
Mondelez International has announced the launch of a new premium chocolate range in Australia under the name Cadbury Coco, according to reports in B&T and Australian Food News. The new range, which is designed to expand the Cadbury brand into the premium arena, comprises only dark chocolate and will come on the market in plain varieties with 70% and 80% cocoa as well as flavoured versions named Dark Mint and …
An announcement has been made that Thailand-based food giant CP Group and Australian meat company Thomas Foods have signed a memorandum of understanding to being the planning of an “advanced food processing centre” to produce ready-made meals for export. The agreement between them will reportedly lead to the planning of a new large-scale advanced food processing centre in Australia, linking to one of the biggest food distribution networks in the …
Discount retailer Aldi has unveiled plans for as many as 120 new stores in Australia as part of long-term expansion plans in the country, according to a report in Australian Food News. In a statement, the chain revealed that it would be looking to open 65 new stores in 2016, including 20 that had been previously been announced for each of South Australia and Western Australia, along with 25 new stores …
Patanjali Ayurved Limited (PAL), the rapidly growing ayurveda goods company led by yoga guru Baba Ramdev, is rolling out a new brand of wheat noodles under the name Atta Noodles. The move comes as the result of a gap in the market created by the recent ban on the sales of Nestle’s Maggi instant noodles. The Atta brand product will be launched once approval has been granted by the Food …
Multinational tea specialist Ito En has announced the launch of a new yoghurt drink for the Japanese market containing the green tea powder matcha. Due to hit shelves in Japan on 7th September 2015 , Ito En Matcha Yoghurt Drink is said to be made with Uji-type matcha and lactic acid bacteria for lower acidity. It is said to combine the mildly bitter flavour of matcha with the smooth, mild …
Seasonings firm Ajinomoto has announced that it sold its stake in Nissin-Ajinomoto Alimentos, a Brazilian joint venture established between itself and fellow Japanese firm Nissin, to Nissin Foods Holdings. The sale of the 50% stake, which is reportedly valued at R$1 billion ($270 million), is set to be concluded by the 30th October 2015. According to sources, the move means Nissin-Ajinomoto will now become the wholly-owned subsidiary of Nissin Holdings. …
Consumers in Japan are now able to purchase coffee in a metal bottle under the Starbucks brand. The new product is manufactured by Suntory and is the company’s first canned coffee for the Japanese market. Launched on the 25th August, the new launch is called Black Coffee Pike Place Roast and replicates a product that is also sold at Starbucks coffee stores in Japan. Claimed to contain no calorie, fat …
Insight by Gama Compass™ MANCHESTER – 27th August 2015: Innovation dynamics in tea and coffee are the subject of our latest study of product innovation from Gama Compass™. Based on introductions reported over the last 18 months, Gama has analysed factors such as claims, pack format and pack design to find that– despite often being bracketed together – tea and coffee often reveal quite significant differences in relation to both product …
Mibelle, a private label cosmetics producer that is part of the Swiss retail group Migros, is seeking to make its products available in India through a cooperation agreement between Migros and Indian retail firm Future Group. Migros CEO Luigi Pedrocchi commented on the move by stating that the objective was to develop new brands and products for the Indian body care market. The step would also allow the company to …
Lion has recently launched a radler style beer especially for the Australian market. According to a report in Australian Food News, Hahn Radler contains 70% beer and 30% natural lemon compared to a more conventional 50:50 split: Lion is said to have increased the amount of beer after consumer product testing revealed this was the preferred mix. Hahn Radler is described as being the first beverage to be launched as …
Global brewer Carlsberg has released its latest financial figures in India, revealing that is has managed to almost double its market share in the country to nearly 15% of the Indian beer market in the quarter ended June. “Our Indian business grew 43% organically in a market growing by an estimated 5%. In Q2, our Indian market share was around 15%, the highest level ever and Tuborg became the second …
Sapporo has announced that it will market a small release of Japanese wines in Singapore in a move designed to test the waters in the southeast Asian market. According to reports in the Japan Times and Nikkan, the company will release a total of 960 bottles comprising four types of red and white wines under the medium-priced brand range Grande Polaire. The price range will be between 58 SGD and …
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. After the company reported 6% growth in sales during the second quarter of this year, …
The world’s leading cereal manufacturer Kellogg is planning to increase its investments in India, including setting up its first R&D facility in the country, according to a report in the Times of India. As a result of double-digit growth reported by its Indian subsidiary, the US-based cereal maker has decided to increase its investments in the country, by building its third facility in India within three to four years and …
China’s second largest food company Bright Food is set to buy Spanish distributor Miquel Alimentacio after taking a 72% percent stake in the business. The deal is set to proceed subject to approval by the Chinese authorities and an EU anti-monopoly review. Under the terms of the deal, the remaining 28% of the Spanish firm will be held by the national sovereign fund China Investment Corp, which teamed up with …
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 for comparable products on the Chinese market – as well as high calcium content and …
The ban on the sale of Maggi noodles in India, which has been in place for more than two months, has been lifted by the Mumbai High Court and Food Safety and Standards Authority of India (FSSAI) subject to certain conditions, according to reports in the Economic Times. The government bodies have given Nestle India a 6-week time span for the testing of a sample of five variants of Maggi noodles. …
Consumers in Japan now have available the first refrigerated version of the long-standing confectionery brand Hi-Chew, a fruit flavoured soft chewy candy originally launched by Morinaga in 1975. The product, which is normally sold at room temperature, and has been launched with many different flavours, has been developed in a refrigerated form to celebrate the brand’s 40th anniversary. The special edition comes with claim “the softest ever ” and features a grape …
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. 1, Jazbaati Jaljeera (a digestive cumin drink), Golmaal Golgappa (Indian water ball) and Kabhi Kala …
The latest innovation insight from Gama Compass™ MANCHESTER – 6th August 2015: New developments in sun care technology that effectively turn summer into winter feature in this week’s Innovation Insight, as we take a look at a new refreshing spray that claims to deliver sun protection in the form of ‘snowflakes’ – Recipe Snow Flower Sun Protection Spray. South Korean health & beauty manufacturer Recipe Cosmetics is aiming to create …
Japanese spirits firm Suntory will launch several samples of whisky in to space to test the effects of gravity on the whisky aging process, according to reports. The Japanese company will reportedly send six samples of whisky in glass flasks to the International Space Station, including 10, 18 and 21 year old whiskies, as part as an experimental project to study the effects of zero gravity on the maturation and …
UK crisp manufacturer Tyrrells Crisps has acquired the Melbourne, Australia-based Yalla Valley, a producer of natural, organic and gluten free snacks. The company has the backing of Investcorp, an investment company. The acquisition aims to speed up Tyrrells’ expansion in the Australian market a year after the launch of the firm’s hand-cooked crisps range. “This acquisition demonstrates that we are serious about international expansion for the Tyrrells brand. Our hand-cooked …
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 is said to have retained the contract in Tasmania. The Australian also report that the …
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. April-June is the peak season for soft drinks industry in India, contributing about 40 percent …
Snack giant Calbee and fast-food chain Lotteria have teamed up once again this summer to offer Zeppin Cheeseburger (Masterpiece Cheeseburger) flavoured crisps under the Calbee Potato Chips brand. This is the second collaboration between the two firms, following the launch of Calbee’s Kappa Ebisen (a prawn flavoured snack) and Lotteria’s Ebi Burger (a prawn burger) that went on sale this January. According to sources, the new crisps feature the classic …
Mondelez India has launched India’s first aerated chocolate with the release of Bubbly under the Cadbury Dairy Milk Silk brand in the country. Promoted as “a unique chocolate bar brimming with ‘bubble inside and bubble outside’ ”, Dairy Milk Silk Bubbly is said to benefit from Mondelez’s Aerimelt technology to form bubbles in the chocolate. Director of marketing for chocolates at Mondelez India, Prashant Peres commented: “As category leaders we …
French dairy firm Danone is planning to sell the Dumex infant formula brand to Yashili International Holdings and use the proceeds to increase its stake in Mengniu, Yashili’s indirect parent, according to reports in Bloomberg and the Financial Times. The move comes as demand for locally-produced baby food has dipped in China, Bloomberg notes. The company said it would now increase its 9.9 % stake in Mengniu by no more …
Japanese drinks giant Suntory has announced that it has agreed the sale of its cognac unit Louis Royer to Terroirs Distillers. The value of the deal is in the order of 13 billion yen ($105 million). Terroirs is a France-based, privately owned spirits company that owns The Tullibardine and Highland Queen Scotch whisky brands. It is reported that the sale was part of a review of the company’s product portfolio …
The latest innovation insight from Gama Compass™ MANCHESTER – 16th July 2015: Increasing interest among men in personal hygiene and grooming regimes presents new opportunities for consumer goods firms – and not only in the health & beauty space – as our latest Innovation Insight reveals. This week, Gama cast its eye over a new ‘household’ deodorizer that specifically focuses on male personal hygiene concerns, seeking to address them in a …
Mitsui has announced, together with restaurant and hospitality chain Kichiri and the Italian food specialist Eataly, the formation of a retail, dining, and import business for Italian foods and ingredients in Japan and the Asia Pacific region. Known as Eataly Asia Pacific, the new company will hold exclusive rights to the Eataly trademark in Japan. Eataly offers Italian food, such as ham, cheese, wine, pasta, olive oil, etc., as well …
Coca-Cola has announced that it is extending its ‘Share a Coke’ campaign to Pakistan with a new variation on the theme for the Muslim holy month of Ramadan. As with previous ‘Share A Coke’ campaigns, the strategy is aimed at personalizing the Coca-Cola sharing experience by swapping logos on bottles for names of friends or relations. In the case of Pakistan, the ‘Share a Coke’ campaign will see 500ml, 1L …
A new RTD canned coffee is set to be launched in Thailand under the Dao brand, according to a report in Press Reader. Available in Iced Classic Blend and Iced Long Black varieties, the product was launched by former Bangkok governor Apirak Osayodhin through a joint venue called V Foods (Thailand), a food and beverage company with registered capital of 10 million baht. According to sources, V Foods signed a …
Insight by Gama Compass™ MANCHESTER – 9th July 2015: Gama turns its attention to the household care industry for its latest analysis of product launches reported by Gama Compass™, focusing on innovation patterns in the air care, laundry & fabric care and cleaners & detergents markets. According to Gama’s analysis, leading the way from a fragrance perspective in new household care launches was lavender, appearing almost twice as frequently as …
CP-Meiji Co Ltd, one of the largest manufacturers and distributors of dairy products in Thailand, has announced the launch of a new High Protein Milk in response to a trend for functional products in the country, according to a report in NNA. According to the manufacturer, the dairy market saw market growth of 3.6% on the same period last year, of which 2.9% was from milk and 2.0% was from …
General Mills has launched new gluten-free varieties of its Betty Crocker cake mix range in Australia. According to Australian Food News, the mixes come in three varieties of vanilla cake and devil’s food chocolate cake, which both include icing, as well as chocolate fudge brownies. The new launches are said to be equivalent to three existing varieties in the standard Betty Crocker baking mix range which contains more than 30 …
Nestle India is to resume exports of its Maggi instant noodle line following a ruling from the Bombay High Court. Last month, Maggi noodles were banned in India by the central food safety regulator FSSAI after the discovery of lead in excess of permissible limits, as well as flavour enhancer monosodium glutamate, in a routine test. The company has now been given the go-ahead to resume exports of Maggi noodles …
Candia SA, which is part of French-based dairy cooperative Sodiaal, has signed a deal with Zhejiang International Business (ZIB) to distribute UHT milk and infant formula under the Candia brand in China. Focusing on Greater Shanghai and the Jiangsu and Zhejiang provinces, the joint venture will focus on four methods of distribution: retail stores under the Candia brand which are expected to open at a rate of 10 per year, …
Myojo Foods, a subsidiary of Nissin, has recently announced that it is launching a new flavour for its Ippei-chan Fried Egg Noodle range in a bid to appeal to consumers over the summer months. The new flavour is designed to replicate the sauce used for a grilled eel dish that is popular in summertime in Japan. According to sources, the new product features flavours of soy sauce, mirin and eel …
Nissin Foods has announced the launch of its first instant pasta range in Japan. Added under the Cup Noodle brand, the new range is called Pasta Style and is available in two varieties: Vongole and Bolognese. According to the manufacturer, the product features newly developed round, thick spaghetti that provides a ‘moist’ texture. The “casual style, easy” product is also said to feature irreverent publicity which reports that 86% of …
Finnish food group Raisio has launched Benecol powdered drink in China, partnering with Chinese healthcare group Neptunus. According to a Raisio press release, the firm has been working determinedly to open markets for Benecol products, particularly in Asia and South America which led to the latest launches in Brazil in November 2014, South Korea in February 2015, and the current rollout in China. Olavi Erkinjuntti, Sales Director of Raisio’s Benecol …
Consumers in Japan will be able to purchase a Lemon & Mint flavoured cola under the Pepsi Special brand from July, according to a press release from manufacturer Suntory Beverage & Food Ltd. The zero-calorie limited edition is the fourth Food for Specified Health Uses (FOSHU) approved cola drink from the brand that is claimed to helps block the absorption of fat into the body. According to Suntory, the new …
Coca-Cola Amatil New Zealand (CCANZ), a producer and marketer of soft drinks, has announced that it is to partner with Auckland Airport on the development of a new facility in New Zealand. Under the terms of the partnership, Auckland Airport will reportedly build a 12,000 square metre warehouse to accommodate CCANZ’s manufacturing operations. Chris Litchfield, Managing Director of CCANZ, said: “Auckland Airport has the ability to deliver a product which …
Barry Callebaut and GarudaFood have announced the signing of a long-term chocolate outsourcing agreement in Indonesia. Under the terms of the agreement, Barry Callebaut will supply 10,000 tonnes of compound chocolate per year to GarudaFood’s biscuit factory in Gresik, the companies said. It will also take over some of the manufacturing equipment from GarudaFood and set up its operations in a new factory building on the site. Through joint R&D …
General Mills Inc. has announced that it has released its Yoplait brand of yogurt in China. The brand is being rolled out through three lines: Perle de Lait, a thick French-style yogurt; Panier de Fruits, a yogurt with a fruit layer on the bottom; and O’Fruit, a yogurt drink with large fruit pieces. The company said it planned to distribute throughout Shanghai initially and then expand from there with a …
Nestle is strengthening its ice cream business in China with an investment of RMB 100 million (more than $ 16 million) in two facilities in the country. As part of the investment, the company has opened a new production line in Tianjin to produce its 8Cubes brand and has increased its cold storage capacity at the Guangzhou site. “This investment will enhance our ability to meet increasing consumer demand for …
Insight by Gama Compass™ MANCHESTER – 11th June 2015: The key characteristics of new ice cream & dessert products are the subject of Gama’s latest analysis of recent launches from Gama Compass™, examining in particular how private label launches compare to the market as a whole in terms of category breakdown, price and brand positioning. Encompassing launches reported over approximately the last 12 month period, Gama’s research shows that dairy-based …
Kirin Beer in Japan has announced a collaboration with Seven & I Holdings for the launch of its first ever beer product under a private label brand, according to a report in Business Journal. The launch is said to mark Kirin Beer’s first entry into private label, the company having previously avoided moving into the sector in order to maintain its positioning as a premium brand. Now, in the face …
Meiji has announced that it is making a nationwide entry into the processed food business with its Daily Rich range of soups, sauces, curries and meals. The Daily Rich brand has been available since last year but was only offered in the Kansai and Chubu areas of Japan. The nationwide rollout of the Daily Rich range sees a total of 21 products go on sale: 8 varieties of cooking sauce …
FAL Food & Beverages has entered the multi-million dollar Australian protein shake market with the launch of Hi-Pro Boost, a new “high performance” product range. Described as being high in protein, the product is also promoted as a fat burner, a metabolism booster and as rich in antioxidants. According to the company, it is “the only high protein drink combining all ingredients to achieve maximum protein synthesis”. Tim Xenos, CEO of …
The latest innovation insight from Gama Compass™ MANCHESTER – 28th May 2015: This week Gama returns to look at the infiltration of ‘sweet treats’ into the health and beauty industry, casting an eye over the latest example of chocolate-inspired cosmetics indulgence – Etude House Give Me Chocolate Eyeshadow. Newly launched in South Korea as a limited edition, Etude House Give Me Chocolate Eyeshadow forms part of a chocolate-inspired collection that …
Suntory Beverage & Food Ltd has said it will buy Japan Tobacco Inc’s beverage vending machine business for around 150 billion yen ($1.2 billion), according to a report in Reuters. Japan Tobacco announced in February that it would be exiting from the drinks sector, saying that the “operating environment of the beverage business in Japan has become increasingly challenging”. Commenting on the proposed deal at a media briefing, Suntory Beverage …
William Grant & Sons, one of the world’s leading whiskey producers with a turnover of more than $1 billion, is planning to introduce three new brands in India to increase its market share in the imported whiskey segment, according to a report in the Economic Times. In addtion to its current portfolio, the company is said to be seeking to expand its portfolio with the Monkey Shoulder, Tullamore Dew and …
The latest innovation insight from Gama Compass™ MANCHESTER – 21st May 2015: This week’s innovation feature looks at an experimental new category of breakfast foods that underlines the rapid evolution of consumer breakfast habits towards on-the-go snack products: the fruit-flavoured Koikeya Breakfast Potato Chips. In an attempt to help crisps break free from the confines of the snacks market, Koikeya, a Tokyo-based manufacturer of snack products, is launching Koikeya Breakfast …
Japanese alcoholic drinks firm Suntory has released a new beer enriched with collagen as it seeks to take anti-aging benefits into the beer industry. The new beer, named Suntory Precious, is reportedly aimed primarily at women and is one of many collagen-enhanced beauty-oriented food and drink products to have been launched in Japan in the past few years. Described as being promoted with the tagline “Guys can tell if a …
Haagen-Dazs Japan has recently announced that it is add two new limited varieties to its ice cream range in Japan for the summer months – Sicilian Lemon Pie and Mascarpone Espresso Crispy Sandwich. Sicilian Lemon Pie flavour is described as “a rich ice cream mixed with lemon custard sauce made with Sicilian lemon juice, mixed with aromatic baked pie pieces…has typical Haagen-Dasz richness and the light acidity of lemon custard …
Insight by Gama Compass™ MANCHESTER – 13th May 2015: The reality of steadily climbing obesity rates across the world has become a hot political topic and, with the threat of increasingly stringent regulation of high-calorie, high-fat and high-sugar food and drinks ever present, the potential impact of rising obesity levels on FMCG categories is now impossible for the industry to ignore. In the latest study of recent product launches reported …
Pernod Ricard has unveiled the latest limited edition of Absolut Vodka, designed specifically for India and other Asian markets: Absolut India. Featuring a combination of mango and pepper, Absolut India is oriented towars the Indian palate, according to reports. The flavour blend is described as “marrying the sweetness of mango with the bite of pepper” for “a smooth, mellow flavour with a spicy aftertaste”. The new flavour blend is complemented …
India’s 30 year old mango drink brand Frooti has undergone a major revamp, according to articles in FnB News and the Economic Times. The ready to consume mango drink brand owned by Parle Agro is being re-launched in time for summer 2015 with a new visual identity, enhanced recipe, bold packaging and new logo design to exhibit the brand as bold, fearless and iconic. Through this move, Frooti is set …
Carlsberg has announced the acquisition of 100% of the ownership in Wusu Beer Group (WBG), as it continues to further its presence in China. WBG is a 50/50 joint venture between the Carlsberg Group and Xinjiang Hops, with Carlsberg also owning a 30% stake in Xinjiang Hops. Carlsberg said the acquisition would be done through an asset swap, where Carlsberg will acquire Xinjiang Hops’ 50% stake in WBG and dispose …
Unilever has expanded its offering under the Continental brand in Australia, with a range of “gourmet” ready meals. The dried ready meal range is claimed to include ingredients picked “when they’re in season, simply dried and then skilfully prepared by local Continental chefs”. “Drying is one of the oldest methods of food preservation,” said Julie Baylis, Head Chef at Continental. “It locks in the flavour and nutrients so foods can …
Instant noodle giant Acecook has announced the launch of a new instant noodle product that it is designed to be consumed alongside beer. Launched in time for the summer months, Acecook Yakisoba (stir fried egg noodles) is said to be aimed at introducing a new audience to instant noodle products. Claimed to have “spicy curry flavour that is good with beer”, Acecook Yakisoba is said to feature round noodles with …
McCain is expanding its frozen food portfolio in Australia and New Zealand with the launch of a new Healthy Choice Wholegrains line, according to a report in Australian Food News. Created by the firm’s in-house chef, the new range is said to feature international flavours combined with wholegrain pasta and cereals and comprises the varieties Thai Beef and Basil Stir Fry with Brown Rice & Quinoa , Moroccan Lamb Tagine …
Coca-Cola is to acquire the Chinese red bean and green drinks maker Culiangwang Beverages, according to a report in Reuters. Valued at $400.5 million including debt, the deal will reportedly allow Coca-Cola to expand its presence in the multi grain beverages market. “The proposed acquisition is in line with Coca-Cola China’s strategy to continue providing a diverse range of beverage products to Chinese consumers with plant-based protein drinks representing a …
Cereal manufacturer Kellogg’s is launching a new range of of Whole Grain Clusters under the Special K brand in Australia. Promoted as “a deliciously satisfying granola-style blend”, the company’s latest launch is said to provide “whole grains, fibre and protein” and is priced at an RRP of A$5.99 ($4.64). The product contains fruits, nuts and seeds, is offered in two varieties:Flame Raisin & Red Apple, and Flaked Almonds, Cranberries & …
Coca-Cola is extending its bottled water line in Japan with the launch of a Tomato flavour under the I Lohas brand. According to the company, the natural water contains tomato extract, made with “carefully selected” tomatoes from Kumamoto prefecture. The water has “fruity sweetness and a light aftertaste” for those who do not like tomato juice. It also contains 40mg of sodium per 100ml and is therefore advertised as “suitable …
Coca-Cola has announced that it is investing in two new production lines in Indonesia with the aim of accelerating growth over the next 3-4 years. “We consider Indonesia a dynamic and promising market and one of the growth engines to achieve our long-term vision,” said Muhtar Kent, Chairman and CEO, The Coca-Cola Company. “Our Company’s US $500 million investment reaffirms our belief in Indonesia and will help us capture the …
The dips and gourmet food manufacturer Chris’ Dips has unveiled a new range of dip products for consumers in Australia. Developed in consultation with chef and nutritionist Samantha Gowing, the new Down 2 Earth range is claimed to meet consumer demand for clean flavours and transparency of ingredients and also bears a Health Rating said to help consumers visually identify the nutritive characteristics of the product. Down 2 Earth Dips …
Gama spoke to Michael Dreyer, Vice President Asia Pacific of Koelnmesse, ahead of the latest edition of Wine & Gourmet Japan in Tokyo. What are your day to day activities as Vice President Asia Pacific? As VP Asia Pacific, I oversee the activities and finances of all the Koelnmesse subsidiaries in Asia Pacific: we have offices in Singapore, Bangkok, Tokyo, Taipei, Hongkong, Macau, Beijing, Shanghai and Guangzhou. I coordinate with …
Claimed to be the “first muesli formulation on the market to contain the five whole grains – rolled oats, wheat, barley, triticale and rye”, new Five Whole Grain Muesli has been launched by global cereal manufacturer Kellogg’s in Australia, according to a report in Australian Food News. According to Kellogg’s, the product’s “75 per cent whole grain formula delivers a high fibre recipe that provides 16 per cent of an …
Lotus Korea, a distribution company which imports Belgian Lotus caramelized biscuits and the US Hershey brand of chocolates, has been acquired by Lotus Bakeries Group. Through the agreement, Lotus Bakeries now owns 100% of the shares in Lotus Korea, valued at 22 billion won (US$20 million). Jan Boone, CEO of the group, said “Lotus Bakeries is already active for many years in Asia. The start of an own sales office …
The Australian food manufacturer Simplot has expanded its John West range with the introduction of a new ready meal that combines tuna with brown rice and quinoa with other ingredients. Promoted as being ready in less than 1 minute, the new product is described as a quick and healthy lunch or snack alternative. “The new range of John West’s Tuna Brown Rice & Quinoa is the perfect whole meal option …
Gama spoke to Oliver Mirza, Chief Executive Officer, Dr. Oetker India. What key trends do you expect to shape food innovation in 2015? Consumers are moving towards urbanisation and westernisation. The need for convenience food which is aspirational with restaurant-like quality which suits the Indian palate is the need of the Indian consumer. Consumers are open to new ideas and concepts in food. What should manufacturers do to be …
Starbucks has announced the signing of a partnership with Taiwanese food and beverage producer Tingyi Holding Corp to expand distribution of its products in China. Under the terms of the agreement, Tingyi, the second largest seller of drinks products in China, will manufacture and sell the Starbucks RTD portfolio in China and help the American brand to expand its distribution in the beverage market. Meanwhile Starbucks is to be responsible …
Suntory Beverage & Food has announced that it has signed a licensing agreement with Kellogg for the launch of a new on-the-go breakfast product in Japan – Kellogg’s Drinkable Breakfast Fruit Granola. Kellogg’s Drinkable Breakfast Fruit Granola is said to have been developed independently by Suntory, leveraging its flavour-development technology and Kellogg’s extensive experience in nutritional design. Promoted as “suitable for the busy 20-30 year olds who are most likely …
New Zealand’s Fonterra Co-operative Group Ltd, the world’s largest dairy products exporter, has completed a partial tender offer to buy an 18.8 percent stake (worth US$551.95 million) in Chinese infant formula manufacturer Beingmate Baby and Child Food Co. Ltd. The amount is slightly less than the 20 percent stake the company had been planned to purchase. “Our goal was to acquire up to 20 per cent. We are extremely satisfied …
Meiji has announced the launch of new energy drink in Japan specifically targeting new mothers. The new drink, called Mama Up, is being made available under the Meiji Bio Mama brand from 20th March. According to Meiji, Mama Up targets breastfeeding mothers concerned about the potential side effects of conventional energy drinks. Unlike regular products, Mama Up is claimed to be free from caffeine, alcohol and preservatives and is also …
Mars International India, the wholly owned subsidiary of US food giant Mars, has announced that it is to invest R$1,005 crore ($160 million) in a new facility in India. The new plant in Pune will manufacture Snickers and Galaxy products which Mars is currently importing into India. Commenting on the move, Mars Chocolate Asia Pacific Regional President Ehab Abou-Oaf said: “India is a high priority market for Mars. We are …
Multinational retailer Spar International and the Indonesian retail chain Ramayana have announced the opening of the first three Spar stores in Indonesia, located in the capital Jakarta. Ramayana is a publicly-quoted Indonesian retail group with 116 stores throughout Indonesia, while Spar International owns over 12,000 stores worldwide and recorded global retail sales of over €30 billion in 2013. The three new stores are situated in Bogor, Cibitung and Cibubur, and their re-launch under the …
Czech beer company Gold of Prague has signed a Memorandum Of Understanding with the Korean Ministry of Agriculture, Food and Rural Affairs to build a brewery in Jeonbuk Iksan, South Korea. Commenting on the proposed facility, Lukas Mikeska, wmanaging director of Gold of Prague, said “We are paying attention to the growth of the beer market in Korea and Northeast Asia”, adding “the beer will be produced according to the …
Food For Health, an Australian health food company, has recently launched a new on-the-go breakfast range: Muesli Pod. Available in the varieties Blueberries, Vanilla & Teff and Coconut, Cacao & Chia, each ‘pod’ is said to include a shot of milk powder, “so all you need to do is add water”, according to the company. Founded in 2005, Food For Health supplies Australia’s major supermarkets along with exporting to 10 …
Dried noodle manufacturer Nissin Foods has announced that it is to launch a new range of instant cup noodles targeting health-conscious consumers. Named Cup Noodle Light Plus, the new range is claimed to be rich in satiating vegetable ingredient but to contain only 198 calories per portion. According to Nissin, the noodles also contain 7g of fibre per portion, in addition to being half the length of conventional noodles in …
LG Household & Health Care Ltd., one of South Korea’s leading cosmetics firms, has announced plans to invest up to around 1 trillion won ($963 million) in M&A over the next five years. Commenting on the plans, a company spokesman said: “M&A is our fundamental growth strategy, helping us strengthen our competitiveness as well as expanding into overseas markets”, adding: “There are two to three companies that we are interested …
Suntory Beverage & Food Ltd has announced that it is launching a new yogurt-flavoured bottled water in Japan from April 2015. Named Yogurina, the new product will be the latest to be added under the Suntory Tennensui (Suntory Natural Water) bottled water brand, and is described as being clear in colour but also as having a “rich yet light sweet yogurt flavour”. According to the manufacturer, the product is based …
FAL Food & Beverages has recently announced the introduction of what it claims to be an Australian first – Coco Joy Flavoured Coconut Milk. Newly launched on the Australian market, the coconut milk is said to be a “healthy, refreshing, dairy-free alternative to flavoured milks”. Made with “real brown coconuts from Southeast Asia’s coconut groves”, the milk is available in Chocolate, Banana and Coffee flavours and is free from dairy, …
Gama spoke to Hai Liu, Vice General Manager, Tsingtao Brewery. What key trends do you expect to shape alcoholic drinks innovation in 2015? In my opinion, the alcoholic drinks industry is facing an era of ever more diversified consumers who are demanding new styles and flavours of drinks and no longer demonstrate loyalty to one brand or category. In the past few years, the rise of craft beers and the …
The Consumer Affairs Agency has approved two new beer-flavoured non-alcohol drinks products for sale in Japan, the first products of their kind in the country to be given FOSHU approval. According to an article in Mainichi, both Sapporo Breweries and Kao Corp have received the necessary approvals to launch FOSHU non-alcohol beer flavoured drinks. Intially deemed to be potentially inappropriate by authorities due to the possible attraction for minors, the …
Calbee, a leading Japanese producer of savoury snacks, has announced plans to invest €12 million ($13.7 million) to establish a subsidiary in Spain. The subsidiary, opened a year after the creation of a new division in the United Kingdom, is designed to support the company’s expansion in Europe. “In line with our global strategy, we have decided to establish a subsidiary company entering into Spain, which has high potential salty …
FMCG multinational P&G is launching a new eye care product for the East Asian market, according to media reports. Released as part of the the premium SK-II skincare line called. the product features a special applicator called a ‘magnetic wand, which is claimed to be a “first-in-the-world device that revolutionizes the concept of eye care”. According to the manufacturer, the wand is created using “tri-magnetic technology”, exclusively developed to be …
Lotte Confectionery Co Ltd has launched a new chocolate-based dietary supplement in South Korea. Named Dream Cacao Flavanol and sold under the brand name Lotte Health One, the product reportedly targets middle-aged and senior consumers. A reinvention of the company’s well known Lotte Dream Cacao product in the form of a dietary supplement, Lotte Health One Dream Cacao Flavanol is said to have been approved by the Korean Food and …
Japanese FMCG firm Kirin Holdings Company is looking to introduce its beverage range into the Philippines, according to a report in Pack Web Asia. The move would reportedly be made through San Miguel Brewery (SMB), a company in which Kirin owns a 48.39% stake. Kirin currently produces and sells water, carbonated soft drinks, juice and RTD tea in countries including China, Thailand, Vietnam, Australia & Brazil, and would introduce its …
Nisshin Foods Inc., has announced their launch of its long-standing cooking flour in a new ‘compact’ bottle format, available from February 2015. Launched to coincide with 60 years of Nisshin flour, the bottle features two dispensing mechanisms – one a shaker and the second a means of measuring a level spoon. According to Nisshin, the new format was designed to address challenges such as accidental spillage, lack of a proper …
Daesang, a major Korean food company, has introduced new microwaveable frozen meat and poultry products in order to tap into demand for convenience foods. Named Lenjiro Twigija (translating as “fry in the microwave”) and launched under the Chungjungwon Cook’in brand, the new products are claimed to feature a patented technology. According to the company, this makes them easy to cook and also allows them to maintain their crispness, as though …
Japan Tobacco Inc (JT), a manufacturer of cigarettes and grocery products, has announced that it has decided to end production and sale of all beverages by the end of September 2015 due to severe market competition and lack of scale. JT entered the beverage business in 1988 and is especially known for its Roots brand of RTD coffee and flavoured bottled water in Japan. The company is the 10th largest …
Sara Lee has launched a new range of single serve desserts in Australia,named Sara Lee Singles, according to a report in Australian Food News. The range comes in the varieties New York Baked Cheesecake, Raspberry & Chocolate Fudge, and Creme Brulee, each sold in a pack of 4. “As Australia’s number one dessert brand, we’ve been providing mouth-watering desserts for over 40 years,” said Karen Ramsay, Sara Lee Marketing Manager. …
Japanese beverage giant Kirin is introducing a new range of RTD alcohol drinks called Butterfly in an effort to target younger drinkers. Due for launch on 10th March 2015, Butterfly contains only 1% abv and is said to be have been created in response to the needs of a younger audience. According to Kirin, a survey it conducted revealed that while 90% of those surveyed enjoyed alcohol, they were drinking …
Aimed at meeting a growing demand for convenience foods, Nippon Ham has introduced a new microwaveable sausage product in Japan. Named Raku Pack Renji de Wiener (translating as “easy wiener sausage in a microwaveable pack”), the new launch is claimed to be unique in terms of the packaging and the way the product is cooked. In order to prepare, the consumer need only make a small tear in the pack …
Indian dairy giant Amul is planning to invest Rs 5,000 crore ($810 million) over the coming year to set up 10 milk processing plants, according to a report in the Economic Times. The new facilities are designed to boost Amul’s revenue to in excess of Rs 50,000 crore ($8.1 billion) per annum. Speaking at the Indian Food Forum 2015, R S Sodhi, Amul Managing Director, said: “We will invest Rs …
Indian conglomerate Dharampal Satyapal Group (DS Group) has announced plans to open five new production units as part of an investment plan totalling around Rs 200 crore ($31 million) over the next three years. The units will be a mix of company-owned and leased and will produce a range of dairy goods for the Indian market, a spokesman said. The new facilites will allow the firm to expand its capacity …
The Japanese food group Meiji Holdings is expanding its production capacity with the opening of a new ice cream factory in the city of Guangzhou, South China. The new plant will begin operating from early January 2015, with product sales starting in the South China region by the end of the same month before being rolled out to include the East and North regions. The company said that it would …
Ito En, Japan’s largest tea company and beverage manufacturer, has announced the acquisition of the US coffee company Distant Lands Trading (DLTC) for 10 billion yen ($83 million). DLTC specializes in custom roast coffees for private label grocery and food service clients and also sources premium green coffees direct from origin for specialty coffee roasters, as well as private label brands. Through the move, Ito En is aiming to expand …
Thai Union Group (TUF), the world’s largest processor of shelf-stable tuna products and the owner of major brands including John West and Chicken of the Sea, has announced that it has entered into a binding agreement to acquire 100% of the shares of North America’s largest branded shelf-stable seafood company Bumble Bee Foods. The acquisition of Bumble Bee Seafoods will allow TUF to improve operating efficiencies in the areas of raw …
Olam International has announced that it is set to complete the acquisition of the global cocoa business of Archer Daniels Midland Company (ADM) for $1.3 billion. In a statement, Olam said the deal would establish Olam Cocoa as one of the world’s top three cocoa processors focused on the supply of cocoa liquor, powder, and butter, with strong manufacturing, R&D and product development skills. The deal includes 8 factories with …
CH’I, a manufacturer of herbal extract drinks, is releasing two new “herbal refreshers” for the summer season in New Zealand. The new CH’I Herbal Lemon is described as featuring the handcrafted extract from an ancient herbal blend with lemon juice and cane sugar in mineral water. CH’I Lemon Grass and Lime contains extract of lemongrass with lime and cane sugar in sparkling mineral water. The original version of the beverage …
ITC Ltd has plans to invest Rs 1,000 crore ($160 million) in the dairy and juice businesses in the first quarter of 2015, according to a report in the Economic Times. The expansion will reportedly involves setting up new production facilities in Munger, Punjab,Uttar Pradesh, Maharashtra, Telangana and Andhra Pradesh. While ITC’s foray into juice began earlier in the year with the acquisition of the Be Natural brand for about …
Cargill is looking to invest $1 billon in Indonesia over the next three years to expand its palm business and enter the poultry sector, according to Reuters. It is reported that Cargill, which is already present in Indonesia in the palm oil, cocoa and animal feed sectors, sees great potential in poultry production in the country. “Japan is looking closely at Indonesian chicken and part of it is to replace …
Australian supermarket chain Woolworths has announced that its subsidiary Woolworths Liquor Group has acquired the China-based wine and drinks distributor, Summergate Fine Wines and Spirits (Summergate). Summergate is a drinks distributor representing a portfolio of around 80 global brands. It has a small fine wine retail business, as well as a limited online and direct retail operation. Established in Shanghai in 1999, it employs over 400 people across 13 offices …
Italian pasta company Barilla Group has announced the launch of its new “Pasta Pronto” brand, designed to meet the needs of Chinese consumers. Through the new launch, Barilla intends to offer an authentic and convenient taste of Italy, the company said. Pasta Pronto is specifically aimed at busy modern Chinese consumers, allowing them to prepare a dish of Italian pasta in just 5 minutes. Paolo Barilla, Deputy Chairman, Barilla Group …
Indofood CBP Sukses Makmur (ICBP), part of the Indofood Group, has acquired a 100% stake in Danone’s dairy operations in Indonesia as it looks to strengthen its own dairy production, according to a report in the Jakarta Post. The deal includes Danone Dairy Indonesia’s trademarks and industrial design for its top selling product, Milkuat, the company announced. The acquisition, valued at Rp 250 billion ($20.53 million), is expected to be …
Heinz has officially unveiled its flagship $70 million state-of-the-art infant cereal plant in Asia. The new 80,000 square metre facility is Heinz’s largest infant cereal plant globally. Located in Foshan city, Guangdong province, the factory “turns a new page in Heinz’s growth in China”, the company said. The new facility will reportedly create 200 new jobs for the Foshan region and will increase Heinz’s production in China, where the company …
In an extension to its recently-launched 250ml format, Coca Cola has unveiled a range of brightly-coloured pack designs for the summer season in Australia. The range, launched with the hashtag #colouryoursummer, is available in a choice of vibrant hues ranging from green and blue to pink, purple and orange. The new packs are the first design change for the Coca Cola brand in Australia since the “Share a Coke” campaign. …
UK bakery manufacturer United Biscuits (UB) is planning to expand its biscuit product portfolio in India, according to a report in the Economic Times. The company said that that the expansion would be centred on its core McVitie’s brand but did not elaborate further on the precise details of the expansion strategy. The newly announced plans comes after the acquisition of UB by the Turkish company Yildiz Holding, a move …
The Australian macadamia nut manufacturer Patons Macadamia has rolled out its own range of non-dairy alternative milk under the Suncoast Gold brand. The compan ysaid it had launched the new product to tap into growing interest in healthy dairy alternative drinks. “Macadamia Milk is a tasty, lactose free and gluten free, non-dairy drink alternative containing all the great health benefits that macadamias offer,” said Tim Jarman, Head of Sales & Marketing …
French frozen food supplier Picard has secured a tie up with Japanese retailer Aeon to stock popular items from its range in Aeon stores. Picard operates more than 1,000 stores, mostly in France, Italy and Belgium, and offers various ranges of private label frozen products including meat, fish, vegetables, bakery and desserts, using seasonal ingredients. A newly opened Aeon supermarket in the city of Hino is the first to stock …
Japanese foods producer Ajigen has launched its new Magic Extract powder – a product designed to be used to add flavour to beer. Ajigen Magic Extract – labelled “makes beer more delicious” – is set to be rolled out at the start of December and follows last year’s launch by the company of a seasoning powder for ramen noodles. Sold in a pouch, the product comes in three fruit-flavoured varieties …
The Chinese dairy producer Inner Mongolia Yili Industrial Group Co Ltd is to invest NZ$400 million ($327 million) in dairy production in New Zealand. The first phase has seen the establishment of a dairy base located in Waimate, South Island, New Zealand at a cost of 1.2 billion yuan ($200 million), as part of an investment in Oceania Dairy Limited, a wholly-owned subsidiary of Yili. The proposed operation also includes …
Primo Group, Australia and New Zealand’s leading producer of ham, bacon and processed meat products, is to be acquired by JBS Australia, a subsidiary of Brazilian food giant JBS, for $A1.45 billion ($1.26 billion). Primo Group, which was started in 1985 with just 38 employees, has grown to become Australia’s leading processed meats companies, now employing more than 3,000 staff. Commenting on the deal, Wesley Batista, Global CEO of JBS, …
Ready-to-eat foods specialist MTR Foods has expanded its assortment with the launch of new ready-to-eat versions of the traditional Indian sweets Gulab Jamun and Rasogollas . The new format features a microwaveable cup containing two pieces of the dumpling-like sweets, as well as a spoon enabling the product to be eaten on the go. Commenting on the launch, Vikran Sabherwal, VP Marketing, MTR Foods said: “MTR Foods is very excited …
Lindt & Sprungli has had draft plans approved to establish a new facility in Sydney, Australia, according to reports from Just Food and the Daily Telegraph. The company is now seeking final approval for the new development, which is to be located at the Sydney Business Park in Marsden Park. According to the planning application, the facility will comprise a 20,330 sq m warehouse and a 5,000 sq m manufacturing …
PepsiCo has divested its company-owned bottling operations in North India to its franchisee bottling partner Varum Beverages. According to a report in the Economic Times, the move forms part of a battle for market share in India with fierce rival Coca Cola. Chairman and CEO at PepsiCo India D Shivakumar is reported as commenting: “We are expanding our partnership with a strategic partner who understands the local market and has …
Cosmetics giant L’Oreal has announced plans to expand its hair colour production facilities in India with the opening of a new manufacturing plant in Baddi, Himachal Pradesh, the Economic Times reports. L’Oreal India Managing Director Jean-Christophe Letellier said: “We are in the process of opening a second factory in the North. It will be at Baddi in Himachal Pradesh and will be only for hair colour, for which we plan …
Tokyo-based cosmetics company Shiseido has developed a sunscreen technology that is claimed to amplify its protection through contact with water or perspiration. According to a company release, the new technology, called Shiseido WetForce, interacts with the minerals in water and perspiration. As part of its R&D approach, the company said that it had focused on the relationship between minerals, such as the calcium ions and magnesium ions in tap water, …
The world’s sixth largest consumer health and pharmaceutical company Johnson & Johnson has acquired the energy drink brand ORSL from Jagdale Industries for an undisclosed amount. According to the terms of the deal, Jagdale Industries will provide transition services in the area of manufacturing, detailing and distribution of its flagship ORSL health drink. ORSL is described as a a patented fruit based electrolyte energy drink that is well known in …
Dr Chung’s Food is launching new texture-enhanced version of its Vegemil soy drink in South Korea. According to sources, the UHT drink contains apple and mango juice and pieces of nata de coco and peach and is targeted at women. Hwan Jung, marketing director at Dr. Chung’s Food, commented: “With this product we want to attract a new target group: young consumers. Our primary target audience is young women who …
Coca Cola Amatil (CCA) has signed an agreement through which Coca-Cola Company will invest $500 million into the Indonesian subsidiary of CCA in return for an ordinary equity ownership interest of 29.4%. CCA’s Group Managing Director Alison Watkins commented: “This is an exciting development for both CCA and The Coca Cola Company. With a population of more than 240 million and a fast-growing emerging middle class, Indonesia is a key …
The leading Indian consumer goods company Dabur has announced plans to modernise its line of chyawanprash – a type of traditional herbal jam with a tangy sweet and sour taste – by creating new biscuit and snack variants. According to a report in the Economic Times, the launches are designed to make chyawanprash more appealing to young consumers as well as to make the 130-year old company itself “future ready”. …
FMCG giant Procter & Gamble (P&G) has moved ahead of Nestle to become the third-largest consumer goods player in India, according to a report in the Economic Times. Having doubled its sales in the country in the last three years, P&G now only sits behind two other companies in revenue terms – HindustanUnilever and Amul. A P&G spokesperson said: “In fiscal 2014, we generated robust sales growth across all entities …
The Italian chocolate maker Ferrero is due to launch its fifth brand in India – Schoko Bons Crispy. The launch, a chocolate wafer bar, was developed by Ferrero’s Indian team and follows the company’s first localised product – an elaichi flavour for Tic Tac mints. Commenting on the launch, Emanuele Fiordalisi, Marketing Head at Ferrero India, stated that the firm was focusing on localized innovation in terms of both products …
Nestle has announced a A$65 million ($57 million) investment at its Purina pet care factory in Blayney, Australia. The upgrade is designed to extend the plant’s capabilities and will also create around 100 full time jobs, Nestle said. The move will take total investment in the location to A$100 million ($88 million) since 2011. The new facility will product wet pet food in pouches for sale in Australia, Japan, China …
Johnson and Johnson (J&J), one of the leading companies in the consumer health and pharmaceuticals space, is planning to sell two of its traditional brands in India, according to a report in the Economic Times. J&J is believed to be looking for a buyer for its Savlon line of antiseptic soap and liquids and its Shower to Shower talcum powder. The brands together are expected to raise over Rs 300 …
Tasty Pot Co., a New Zealand manufacturer of meals and soups in tubs, has announced the launch of three new variants for the summer season. Summer Superfood (with quinoa, kale, flax seeds and pomegranate dressing), Mexican Pulled Pork (with wild rice, chilli beans, coriander & chipotle sour cream), and Japanese Teriyaki (with chicken, brown rice, edamame beans and ginger) are said to be joining the rest of the company’s ready …
Nestle has announced the inauguration of a new Dairy Farming Institute in China as part of a CHF 30 million ($32 million) investment to help modernise Chinese dairy farming practices. The aim of the operation is to enable local farmers to respond to the country’s milk demand in a sustainable, modern and efficient way in the coming years, the company said. China is one of the fastest growing markets for …
Chinese state-owned conglomerate Bright Food has purchased a majority stake in Salov, an Italian olive oil producer, according to reports. The agreement, whicy comes 3 years after the Italian company was initially put up for sale, will see Bright Food take ownership of the brands Sagra and Berio. Sagra is one of the top ten brands in Italy while the Filippo Berio range of olive oils is a major player …
Woolworths and Coles, Australia’s two primary supermarket chains, are considering a move into smaller-format stores to cater for the needs of city dwellers, according to a story from the Sydney Morning Herald. The newspaper reports that Woolworths is sizing up centrally-positioned sites in major cities including Sydney and Melbourne. 200-400 square metre locations are the company’s target as it looks to tap into a market currently dominated by established convenience …
Hershey Netherlands BV, a subsidiary of The Hershey Co., has announced that it has acquired an 80% stake in Shanghai Golden Monkey Food Joint Stock Co. (SGM), a company it first expressed an interest in back in December 2013. Food Business News reported that Hershey has acquired the stake in SGM, a privately help confectionery company based in Shanghai, China, for around $394 million, with the remaining 20% stake expected …
PepsiCo Philippines has announced plans to invest P650 million ($14.6 million) in a new facility in its home country as it seeks to expand its presence in the country from beverages into food, Business World reports. The company, which is a licensee of PepsiCo, Inc. and Pepsi Lipton International Ltd. and produces non-alcoholic drinks under brands such as Pepsi-Cola, 7Up, Mountain Dew, Mirinda, MUG, Gatorade, Lipton, Tropicana/Twister, Propel and Sting, …
Japanese cosmetic packaging manufacturer Yoshida has announced investment in a new plant in Vietnam. According to Premium Beauty News, the topic of investment has been popular over the past few months, with the company President Yuzo Yoshida now disclosing the information. Yoshida announced: “The construction of the new factory of the Group has just begun in Ho Chi Minh City in Vietnam, on a plot of 20,000 sqm. The production …
Ajinomoto North America, a consolidated subsidiary of Ajinomoto Co. has entered into an agreement to acquire Windsor Quality Holdings for approximately $800 million. According to a press release , the acquisition is designed to help the company to become the clear number one manufacturer of Asian/Ethnic food products in the surging Asian category of the North American frozen food market. By using Windsor’ s strong distribution network, Ajinomoto Co. plans …
India’s first halal cosmetics brand – Iba Halal Care – has been launched this month in Ahmedabad by Ecotrail Personal Care. According to Mauli Teli, CEO of the company, the line was created to provide “an entirely new category of cosmetic products – halal cosmetic products. Halal (meaning ‘lawful’) cosmetic products are entirely hygienic, ethically manufactured products and meant for usage by everyone”. Mr Teli continued “The products, manufactured at …
Mondelez International is launching Cadbury Glow, its latest premium chocolate brand for the Indian market. The chocolate-filled pralines are aimed at those buying chocolate as a gift and are designed to target more affluent consumers. With Cadbury Glow, Mondelez International is looking to increase scale of chocolate gifting in India – currently gift products have 6% market share compared to 14%-35% in most global markets. According to retailers, there is …
It has been announced that Unilever has partnered up with daraz.pk, an online shopping portal, to become the country’s first online retail solution for consumers. According to Cosmetics Business, consumers will be able to purchase 66 of Unilever’s beauty and personal care products via the portal. The partnership is said to be an initiative which focuses on increasing revenue share from e-commerce. Pakistan has been identified as a high potential …
Simplot Australia has recently extended its range of meat and soy free products under the Quorn brand name. According to Australian Food News, the manufacturer claims that the new Quorn Pies and Schnitzels product range will offer vegetarians and meat reducers a “great tasting meat-free, soy-free meal alternative that can be heated and is ready to serve”. Chief Marketing Officer at Simplot Australia, Suzanne Harman, said the new range was …
Swedish paper products company SCA has announced plans to commence production from its plant in Ranjangaon near Pune from 2015. Reported by the Economic Times, Cecillia Edebo, Managing Director, SCA Hygiene Products India spoke of the news by saying: “The construction work at the plant near Pune is almost over and we hope to start manufacturing products such as tissues and diapers including those for adults from early next year”. …
Coca-Cola South Pacific has recently revealed a range of 250ml slim line cans for its Coca-Cola, Coke Zero, Diet Coke, Vanilla Coke, Fanta, Lift and Sprite drinks. Priced at AU$2.00 ($1.87), the cans, which are smaller than the conventional size, are said by Australian Food News to “feature the iconic Coke contour visuals”. Speaking about the range, Antoinette Tyrrell, Marketing Manager Coca-Cola South Pacific, said: “The 250ml pack size provides …
Australian dairy producer Bega Cheese has posted record profit for its 2013/14 financial year, ABC Online and The Business Spectator report. Bega posted a total net profit of A$66 million ($61 million), up 160 % on the A$25.4 million it booked in 2012/13, much of which was attributed to the company’s sale of Warrnambool to Canadian firm Saputo, after its own failed takeover bid. Bega’s shares in Warrnambool were worth …
Ward McKenzie (McKenzie’s), an Australia-based producer of staple foods including pulses and legumes, seasonings and cereals, has announced the launch of more than 10 new store cupboard items as it looks to expand its range. Among items already launched are coconut and quinoa flours, suitable for both sweet and savoury dishes, that the company says contain “nothing but 100 per cent pure coconut flour and 100 per cent natural milled …
Danish brewery Carlsberg is to invest Rs 200 crore ($32.9 million) in India in an attempt to revive its sales in the country, the Economic Times reports. The investment is designed to increase the popularity of its products and help it compete with other major players including Heineken, United Breweries and SABMiller. Currently Carlsberg only has a market share of 8% in India – its lowest share of any of …
Melbourne-based company Greene St Juice Co has launched a range of cold-press juice – dubbed “organic elixirs” – in Australia. Promoted as being made with Australian produce and featuring selected herbs and super foods, the line is based on a belief “that local organic produce has a powerful vibration of healing energy and balance for the mind, body and spirit”. The range was founded by Natalie and Steve Warner who …
Britvic, the British soft drinks company, is set for expansion into Asia by launching its products in 25,000 stores in India over the next three months, the Economic Times reports. Britvic will reportedly begin by introduced its top-selling product Robinsons Fruit Shoot in ten Indian cities to compete with local company Dabur’s Real brand of fruit juice. It is said to be in conversations with both independents and large retail …
ITC, India’s largest cigarette manufacturer, has announced that it is intending to expand its business by moving into the electronic cigarettes market, the Economic Times reports. According to company chairman YC Deveshwar, ITC is in conversations with government to develop a framework under which its range of e-cigarettes can be launched. Mr Deveshwar said that by the time it was established that e-cigarettes were less harmful than standard products, the …
New Zealand beverage manufacturer Frucor has announced the launch of a new version of its V branded iced coffee – V Double Espresso. According to information, the product follows the traditional V Iced Coffee recipe but contains twice the ‘hit’ of caffeine and guarana with 322 calories per 475ml bottle. Initially launched for two weeks in July, the new variant was available in 7 / Eleven stores with a launch …
Universal Robina, the Philippines-based food conglomerate, has purchased the New Zealand biscuit manufacturer Griffin’s for $700 million, Business Day reports. Griffin’s has around 800 employees and produces brands including Gingernuts, Cookie Bear, MallowPuffs and Nice & Natural from its two factories in Auckland. The company will be acquired by Universal Robina from Pacific Equity Partners, subject to regulatory approval. If the deal goes ahead, it is reported that Griffin’s chief …
Groupe Carrefour (Carrefour), the multinational supermarket group, is set to abandon its operations in India, the International Business Times (IBT) reports. Carrefour has been active in the Indian market since 2010 but operated a total of only five wholesale outlets due to the protectionism that has hampered many foreign distributors’ efforts in the country, LSA reports. The regulatory environment in the country, including mandatory sourcing and infrastructure requirements, is described …
This week Gama explores a new product called Coco Vodka, a flavoured alcoholic beverage (FAB), that illustrates the continuing prominence of coconut water in product innovation. Launched in 2014 in Australia, Coco Vodka is a premixed spirit drink blending triple-distilled vodka and “the fresh water from young coconuts”. Available in an original version as well as varieties flavoured with pineapple and guava, the drink seeks to draw heavily on the …
German health and beauty company Beiersdorf is to open a new plant in Gurajat, India, the Economic Times reports. The new plant will be 70,000 square meters in size, will cost around Rs 1,000 crore ($166 million) and is planned to be finished by next year. “The Indian business has rapidly grown and we decided to set up the factory to get closer to the market and respond faster to …
The US retailer Wal-Mart has vowed to triple spending on food safety measures in China in a bid to avert further recalls and mislabelling of products. The move comes after this year’s discovery of fox meat found in packages labelled as “Five Spice” donkey meat. The company said it would increase checks on vendors to ensure DNA testing was being implemented and all necessary permits were in place. The mislabelled …
Bright Food Group Co., a Chinese dairy and consumer-products group, has agreed to buy a majority stake in Israel’s Tnuva Food Industries Ltd., Bloomberg reports. The group, backed by the Shanghai government, has plans to expand overseas and it is said the deal would give Bright Food a broader range of high-quality products to bring into China to tap local demand. According to company spokesman Pan Jianjun, Bright Food has …
As part of a new social media campaign oriented around consumers’ flavour preferences, Cadbury Australia has unveiled its new “Flavour Matcher” app and associated promotional activities. According to Food Magazine, Flavour Matcher uses Facebook likes and interests in categories from popular consumer brands, charities and sporting clubs to music artists, TV shows, radio stations and movies to “match” consumers to different Cadbury Dairy Milk flavour profiles. As part of the …
Japan Tobacco Inc. (JT) has announced that it has concluded an agreement that will see it take ownership of the e-cigarette brand E-Lites. Under the terms of the agreement, JT is to acquire all the outstanding shares of Zandera Ltd. which JT described as offering the most recognized range of high quality rechargeable and ready-to-use e-cigarettes in the UK. “Our investment in Zandera provides the JT Group with an excellent …
Energy drink company Mother has recently launched a new product called Revive which it is positioning as a “morning beverage”. According to Australian Food News, Mother Revive has a lemon & lime flavour and contains caffeine, tea and yerba mate to give a “morning lift”. Commenting on the launch, Pamela Wyatt, Mother Marketing Manager, said: “Mother Revive provides Aussies with a wakeup call for the mornings when they are most …
A paper-based water bottle has recently been launched by Australian beverage company, Do Water, in a move which is described as a first for the Australian market. According to the company, the packs are lightweight, collapsible and recyclable. As reported by Australian Food News (AFN), the water is sourced from Sardinia and is also bottled on site. The company went on to say that the water is piped directly from …
Singapore based company Olam International Limited (Olam) has recently announced plans to invest $61 million to establish a new cocoa processing facility. As reported by Australian Food News (AFN), the company has 65 businesses that operate as a value chain, with Olam saying that the project will “leverage the strength of its Indonesian cocoa sourcing network and participate in the growth of Asian cocoa consumption”. AFN went on to say …
Following recent speculation it has been confirmed that ice cream brand Peters Food Group Limited (Peters) is to be sold by Pacific Equity Partners (PEP). Peters, which is one of Australia’s oldest consumer businesses, has been sold to UK-based R&R Ice Cream plc (R&R) backed by funds advised by French private equity firm PAI Partners (PAI). According to Australian Food News (AFN), terms of the deal have not been disclosed, …
This week, Gama casts its eye over a new addition to the long-established Mitsuya Cider range in Japan – Mitsuya Freezing Cider – which is taking chilled shelving to new extremes. Launched by Asahi Soft Drinks, Mitsuya Freezing Cider is a soft drink that blurs the boundaries between chilled drinks and frozen ice pops. The product is designed to be stored and sold at a temperature of -5 Celsius, at …
Bengal Beverages, which is a franchised bottling company of Coca Cola based in the Indian state of Bengal, has said that it has seen its turnover increase 20% in 2014. According to CMD S R Goenka, the company has invested almost Rs 3,000 million ($51 million) in the last five years in order to modernize and increase production. “We have just installed a sparkling beverage line to add capacity. We …
Online retail multinational Amazon has invested $20million in the Shanghai-based web food company Yummy 77, TechNode reports. The Chinese company offers seasonally fresh and gourmet products online including dairy, fruit, seafood and meat and ships them across China, catering for the growing demand for premium imported food products among city dwellers. The investment in Yummy 77 could allow it to extend its category coverage and also expand its network beyond …
According to media reports, Mizkan Group has signed an agreement with Unilever to buy its North America pasta sauces business under the Ragu and Bertolli brands. The value of the transaction is expected to be approximately $2.15 billion. Kazuhide Nakano, Chairman and CEO Mizkan Holdings, said: “This transaction represents an important milestone in our global expansion strategy. We are confident that this transaction allows us to further achieve our objectives …
Treasury Wine Estates Limited (Treasury Wines), the Australian winemaker, has reportedly rejected a takeover bid of $4.70 cash per share from US company Kohlberg Kravis Roberts & Co. L.P. (KKR), claiming that the offer did not reflect the true value of the company. According to Australian Food News, Treasury Wines said that KKR had requested that the proposal be kept confidential and also said the decision not to disclose the …
Mane Fragrances & Flavours has recently announced the opening of the second phase of its plant located in the Baoshan District of Shanghai. According to Cosmetic Business, the move sees the French flavour and fragrance company triple the size of both its R&D and manufacturing facilities, with the expanded building including a state-of-the-art Sensory & Consumer Insight Centre to serve both. Mane spoke of the expansion by saying: “This places …
It has recently been announced that Helga’s has launched three “lower carb” bread products aimed at consumers following carbohydrate-controlled diets. Food Mag Australia reports that the range contains 25 percent less carbohydrates than a standard mix grain loaf and is available in Five Seeds, Soy & Toasted Sesame and Golden Linseed varieties. According to Susie Burrell, Helga’s lower carb dietician, “In my practice I regularly see busy, active women severely …
According to VCCircle, German cash and carry firm Metro Group plans to triple its store count in India to 50 by 2020. Olaf Koch, Chairman of the management board of Metro, said: “India has always been an important future growth market for METRO and we have seen continuous like-for-like growth recently in India. Now we decide to inject extra momentum into our expansion course there to operate 50 distribution centres …
According to media sources, RPC Group, an international rigid plastic packaging supplier, is acquiring the large Chinese injection moulding firm ACE Corp. Holdings Ltd. The deal, worth up to $430 million, will be RPC’s first manufacturing presence in Asia and one which the company hopes to be able to use as a platform to make further acquisitions. Currently 94% of RPC’s $1.76 billion sales are in Europe, but the company …
Australian baked foods manufacturer Big Sister Foods has reportedly collapsed, with receivers PPB Advisory now said to be looking for buyers. According to Australian Food News, the company has been in operation since 1945 and employs around 100 people in New South Wales. PPB Advisory said that Big Sister Foods had recorded annual revenues between AU$43 million ($40 million) and AU$47 million ($44 million) over the last few years. Commenting …
It has been reported that food manufacturer Goodman Fielder has rejected a takeover proposal from agribusiness group Wilmar International Limited (Wilmar) and Hong Kong based investment company First Pacific Limited (First Pacific). According to Australian Food News, the company has said the proposal “undervalues Goodman Fielder” and is “opportunistic”. The takeover, offered to the company at the end of April, is described as a non-binding, conditional proposal to acquire all …
The Spanish brewery Mahou San Miguel has created its first wholly owned subsidiary in India with the 100% acquisition of Arian Breweries & Distilleries Ltd. Mahou San Miguel had previously acquired 50% of the company, owned by a local family, two years ago. Alberto Rodriguez-Toquero, CEO of the company commented: “They have been two exciting years during which, together with our partner, we have learned much about the consumer and …
Cadbury Australia, part of the Mondelez International group, has recently announced its partnership with agribusiness Monpi Cocoa Exports to begin importing Fairtrade cocoa beans from Papua New Guinea (PNG). As reported by Australian Food News, Cadbury has been supporting the efforts of Club 3000, a group of smallholder cocoa farmers, to sell its cocoa under fairtrade terms, while Monpi Cocoa Exports has been training Club 3000 farmers to produce high …
Australian owned and made breakfast foods company Monster Health Food has become the first manufacturer in Australia’s to display a new Health Star Rating. According to Food & Drink Business, the Health Star Rating system, which was developed by industry, consumer, and public health groups, aims to provide an overall indication of a food’s nutritional quality, with additional information providing an overview of the key nutrients such as salt, fats, …
Diageo Plc, the multinational beverages company based in London, has offered $1.9 billion to increase its stake in India´s United Spirits Ltd. At the moment Diageo holds 28.8% of United Spirits and if successful, would end up with 54.8% of the India´s largest spirit company, offering 3,030 rupees ($50.30) per share. Even though two-thirds of Indians do not drink alcohol for religious or cultural reasons, Deirdre Mahlan, chief financial officer …
With Easter 2014 fast approaching, major companies across the globe have unveiled their latest Easter product offerings, taking full advantage of what is seen as a significant holiday for the confectionery industry. In the UK, over 90 million Easter eggs are said to be sold each year, while in Australia and the USA consumers are claimed to spend over AU$3 billion ($2.8 billion) and $2 billion respectively. In the US, …
Coca-Cola Amatil (CCA) has had its credit rating cut by Standard & Poor’s (S&P), taking the company from A- to BBB+. The cut is said to be due to weak profit margins continuing to impact operating performance. According to the ABC, S&P said the new rating is still investment grade and Coca-Cola’s outlook remains stable although further downward rating pressure could happen if the company’s debt to earnings ratio substantially …
The Japanese high-end skincare and makeup company, Shiseido Co., is due to launch its ‘Za’ brand by the second quarter of the year on the market in India, according to Yu Okazana, Shiseido Corporate Executive Officer & Director of the Shiseido Board. The company plans to sell in 250 retail outlets by the end of the year. The Za brand is already sold in 12 countries across the world. “India …
Bulla Dairy Foods, the Australian owned and run dairy company, has recently announced a licence to produce a frozen range of Mondelez Australia’s Cadbury Marvellous Creations. According to Food Magazine, the popularity of the Marvellous Creations line has increased since 2012, with new flavours added in mid-2013. Now the brand is making the switch from confectionery to ice cream. Nicolas Georges, Director Premium Chocolate & Dairy, Research & Development, Asia …
Fonterra, the New Zealand-based dairy company, has begun construction on its first blending and packing plant in Indonesia. Designed to support the growth of Fonterra’s brands such as Anlene, Anmum and Anchor Beneeto, the plant is located in West Java and is the company’s largest investment in the last 10 years. According to Australian Food News, the plant is expected to be opened by March 2015 and will create 150 …
Manufacturer of bread and snack foods Goodman Fielder has announced it is expecting earnings (before interest and tax) to be approximately 10 to 15 percent lower than the previously expected $180 million in the 2014 financial year. According to Australian Food News, the company said that market conditions had changed since its interim result announcement in February, with trading conditions in Australia and New Zealand deteriorating and manufacturing and supply …
Harvey Fresh, the Western Australian (WA) family-owned company, has been sold to Italian dairy group Parmalat for $117 million. According to Parmalat, the move into WA is aimed at improving its capacity to export into Asia and the Harvey Fresh brand will be retained on milk, cheese, cream and juice products. Four existing Harvey Fresh directors will also continue to be involved in the business as consultants. Parmalat CEO Craig …
Australian food manufacturer Dick Smith is said to have filed an appeal against a decision to remove the trademark registration of the company’s OzEmite yeast spread. According to Australian Food News (AFN), the appeal was filed in the Federal Court of Australia on 18 March 2014, and will be a rehearing of the removal application in which the Federal Court will consider evidence as to whether the OzEmite brand can …
The cosmetic company Modi-Revlon has announced plans to open 100 new outlets in the next three years in India. The outlets will be mainly located in shopping centres across the country with the aim of providing consumers with easy access to Revlon cosmetics. “India has always been a priority market for Revlon with its ever-growing appetite for retail spending. These are exciting times for the company here as we are …
In a move to develop its commercial operations, Tate & Lyle has announced the opening of a new office in Japan which is said to expand direct sales by giving the country’s food and drink companies direct access to a “team of experts to develop the next generation of food and beverage products”. According to Joan Braca, Senior Vice President and General Manager, Asia-Pacific, “Japan’s food and beverage companies are …
PepsiCo has opened a new potato chip plant in Ayudhaya Province, Thailand, Food & Drink Business Europe has revealed. The new facility forms part of PepsiCo’s strategy of increasing its presence in the emerging and developing markets of Asia Pacific. The potato chip factory began production on February 4th, 2014 and becomes the second plant in Thailand owned by PepsiCo. The 20-acre factory is claimed to have advanced technologies and …
Mother Dairy, India’s third largest player in the ice cream market behind Kwality Walls and Amul, has announced that it is planning to launch a fruit-based ice cream primarily targeted at fruit-juice-drinkers. Designed to be sweet and colourful, the impulse ice cream products will be marketed under the Fruitolicks brand name and will have fruit content of between 17 and 40%. The price is 10 rupees each. Subhashis Basu, dairy …
Weetabix, the British brand now majority-owned by a state owned Chinese Food major Bright Foods, is looking to expand its cereal product portfolio in China. The company plans to reinvent its range to adapt to local preferences and make them more appealing to the consumers. Giles Turrell, chief executive at Weetabix said: “We have learned that they like savoury, not sweet, hot not cold, and fast, because they are incredibly …
Nestle Japan has announced the launch of its latest innovation under the KitKat brand – a chocolate bar that can be eaten as a conventional snack bar but can also be “baked” for 2 minutes, changing the texture. Named “Yaki Cream Cheese” (“Yaki” means baked, toasted, or grilled in Japanese), the new product has been developed in collaboration with Japanese chocolatier Takagi and is due to be released on the …
It is being reported by Australian Food News that, following 22% growth in revenue in the first half of 2014, dairy company A2 Corporation has announced that its “next priority growth initiative” will be the US fresh milk market. It is claimed that the move will see the company export technology rather final food products, with the dairy group already successfully exporting goods into the UK, China, Japan and India. …
Supermarket Woolworths has announced that the trial of Farmers’ Own milk has been an “enormous success” and will now be permanently available in 105 stores across New South Wales. Australian Food News reports that the move allowed more than 2.5 million customers to be “directly” linked to dairy farms from the Manning Valley (where the milk is produced). The milk trial has run since October 2013 and Woolworths has announced …
Kirin Holdings Co. has announced its interest in raising its stake in San Miguel Brewery Inc. According to the Japan Times, the company, which holds about 48% of the Philippine beer maker, would weigh boosting its stake if offered. San Miguel Corp. currently owns 51% of the San Miguel Brewery. Commenting on the potential move, Ramon Ang, the head of San Miguel said, that he had received several bids of …
Patties Foods (Patties), the maker of Australia’s best known pie, Four’N Twenty, has announced that its revenue increased by only 0.9 per cent for the first half of the 2014 financial year. Australian Food News stated that the company’s results were heavily impacted by of the loss of a major supermarket private label contract. The company reported that profit margins were slightly reduced and were impacted by capturing value segment …
According to media reports, British American Tobacco (Malaysia) Bhd’s profit before tax rose 3.3% in Q4 2013. The company recorded MYR 254.30 million ($77.7 million) profit in Q4 2013 compared to MYR 246.12m ($75.2 million) a year ago, due to growth in contract manufacturing volume for export and lower operating expenses. However, the domestic market income has been impacted by year-on-year volume decline. The company’s leading brand – Dunhill – …
Re:Capital, the Australian arm of UK investment company Hilco Capital, is said to have acquired Australia’s oldest chocolatier, Ernest Hillier Pty Ltd (Ernest Hillier). According to Australian Food News (AFN), the sale comes as the former owners of Ernest Hillier’s, the Piedimonte family, focus on other business interests. Ernest Hillier was founded in 1914 and operates under the brands Hillier’s Chocolates and Newman’s, with products sold in a variety of …
Australian food manufacturers are starting to feel the effects of recent abnormal weather conditions which have resulted in supply shortages of honey. Food and Drink Business reports that The Australian Honey Bee Industry Council (AHBIC) recently warned companies that 2014 looked set to deliver the lowest honey yields nationally in at least a decade. AHBIC added honey that supplies were falling by over 50 per cent due to excessive heat, …
Coca Cola Amatil is said to be concerned by weak consumer confidence and spending in the carbonated beverage category after a decline in full-year net profit of more than 80 per cent. According to The Australian, the profit fall is largely due to a writedown on Australian business SPC Ardmona. It was recorded that in the full year to December 31, Coca-Cola’s net profit was $79.9 million, an 82.5 per …
In a response to changing consumer tastes, Kellogg has embarked on a high profile reformulation to boost the nutritional status of its Special K cereal in Australia. According to Food and Drink Business, it is the first major reformulation of the breakfast cereal since its launch half a century ago. It is reported that Kellogg is boosting the fibre content of the cereal by adding wholegrain oats to the rice …
More than 120 jobs are set to go at a meat factory in Hamilton, New Zealand after Goodman Fielder confirmed the closure of the plant. According to newspaper the New Zealand Herald, workers at the Huttons / Kiwi Bacon factory were called into a meeting with Goodman Fielder NZ managing director, Peter Reidie. It is said that the news comes weeks after the Australasian food company warned staff at the …
Capilano Honey has reported that net profit before tax climbed to $2.9 million for the six month period ending on 31 December 2013. According to Australian Food News (AFN), the figure is more than twice last year’s $1.02 million profit, and the company’s revenue has increased from $33.8 million to $43.2 million. The Company’s acquisition of Western Australian honey company Wescobee in 2013 is reported to have allowed it to …
Mondelez International has announced plans to invest US$190 million in the Indian state of Andhra Pradesh to establish the company’s largest manufacturing plant in Asia Pacific. According to AP Food Online, the new facility will span a 134 acre site and will have an annual capacity of 250,000 tonnes, making it the largest chocolate manufacturing plant in India. The initial phase of the project is due for completion by 2015. …
Woolworths Limited has released its sales results for the first half of the 2014 financial year (the 27 weeks to 5 January 2014) with key figures showing that group sales from continuing operations (excluding petrol) grew 5.8% to AUD$28.2 billion ($25.2 billion). The supermarket chain also revealed sales for the second quarter from continuing operations were AUD$16.2 billion ($14.5 billion), an increase of 5.9% on the previous year, while online …
Universal Robina Corp (URC), a leading snack and food manufacturer in the Philippines and number two player in the coffee market, is currently discussing a partnership agreement with Japan’s largest snack food company Calbee, Interaksyon reports. With P600 million of capital, the planned 50-50 joint venture company would manufacture and sell snack foods by April, according to sources. “In line with our global strategy, we have decided to establish a …
Australian beer company Coopers Brewery has enjoyed record beer sales for the 2013 calendar year, moving beyond the 70 million litre mark for the first time in the company’s history, according to Australian Food News. According to the brewery, total beer sales in 2013 reached 72 million litres, an increase of 4.7 per cent on the 68.8 million litres sold in the calendar year 2012. Dr Tim Cooper, Coopers Brewery …
French group Tereos, a producer of sugar products under brands such as Beghin-Say, Guarani, TTD, and Sucreries de Bourbon, has entered the Indonesian market through the 50% acquisition of Redwood Indonesia from FKS Group. FKS will retain a 50% stake and along with Tereos will operate Redwood Indonesia, the sole producer of starch and glucose syrup in the Indonesian market, as a joint venture. As a result of the new …
Nestle has opened its first KitKat store in Tokyo’s Ikebukuro neighbourhood, dedicated to the chocolate-coated wafer bars. The store features special versions of the product created in collaboration with Japanese chocolatier Takagi, some of which are unavailable elsewhere. “KitKat is close to being a cult product in Japan, and it is a very special market for us,” said KitKat’s Global Brand Manager, Stewart Dryburgh. “I’m thrilled that this shop will allow us to showcase …
Swiss food manufacturer Nestle has entered a partnership with the Singapore government Agency for Science, Technology and Research (ASTAR) with the aim of establishing a global R&D platform for functional products, Just Food reports. A three year framework has been agreed for research focusing on nutrition, packaging, data analytics and biotransformation. According to Just Food, Nestle has focused increased NPD effort on the functional arena in recent times in an …
Fonterra has announced it has raised $206.6M to support business growth in China. Fonterra reports that it has raised the amount from its second bond denominated in Chinese yuan. The five year so-called “dim sum” bond will be used to finance Fonterra’s expansion across the supply chain, with the move forming part of Fonterra’s plans to produce a “farm hub” in China. Announced in September 2013, the project aims to …
German wholesaler Metro has rejected a takeover bid from CP Group, which is run by Thai Billionaire Dhanin Chearavanont, for its Vietnam cash and carry business. A spokesperson for Metro on Thursday said that the Vietnam business was not for sale and that they had rejected unspecified offers, according to Reuters. The Dow Jones news agency earlier quoted unnamed sources which claimed that, despite the initial rejection, CP Group was …
Suntory Holding Ltd has announced that it is to acquire spirits company Beam Inc. in a multi-billion dollar deal. The acquisition, worth $13.6b billion, will making Suntory Holding the third largest spirit maker in Japan and the fifth largest whisky company by volume, according to International Wine and Spirit Research. With the inclusion of Beam’s debt, the total deal value will be in the region of $16 billion. With Beam …
Kellogg has announced plans to build a new snack factory in Malaysia. In an effort to up its investment in emerging markets, US food chain Kellogg is set to build a new snack factory in Malaysia. According to Kellogg, the new facility, located near the capital Kuala Lumpur, will increase capacity for the manufacture of Pringles in Asia Pacific. 300 jobs will be created in the process, it is reported. …
Leading Pakistani dairy producer Engro Foods has announced new lightweight packaging for its Olper’s milk products, Pack World reports. The lightweight packaging supplied by Ecolean has a unique shape with a large printing surface, it is said. The format is a 250ml aseptic plastic pack, which is substantially different from the traditional carton packaging which prevails in the sector. It also has a tear-off option, allowing for improved pouring and …
China could be set to implement a ban on smoking in public places by as early as next year, The Tobacco Journal is reporting. National Health and Family Planning Commission spokesman Mao Qunan is reported as saying that officials hope to implement a nationwide ban on smoking in public places by the end of 2015. The regulation is being developed with the State Council, and the Commission hopes to persuade …
Reuters is reporting that the French company Lactalis, one of Europe’s biggest dairy groups, has agreed to buy a 100% stake in India’s Tirumala Milk Products. The deal, disclosed to Reuters by “two sources with direct knowledge of the matter”, is reportedly valued at between $250 & $300 million. Under the terms of the deal, the French firm will buy shares from Tirumala’s founders, who own 80% of the business, …
The Carlsberg Group has recently announced that Chongqing Beer (Group) Co. Ltd of China has accepted its offer to acquire 100% of Chongqing Beer Group Assets Management Co. Ltd, which is a holding company headquartered in Chongqing, China. With a total of eight breweries located in three provinces (3 in Jiangsu, 3 in Anhui, and 2 in Zhejiang), the company’s capacity comprises approximately 12m hl. The breweries primarily sell products …
Supermarket chain Tesco will raise over GBP 355m ($US586m) through a sale-and-leaseback agreement for a number of its HomePlus stores in South Korea, Just Food reports. Tesco has confirmed completion of the deal which will see four HomePlus stores sold to real estate agency Samsung SRA and then leased back to the retailer. HomePlus.Co is Tesco’s largest international business with over 520 stores in South Korea, according to Just Food. …
Goodman Fielder is to sell its biscuits business to Green’s Food Holding for AUS$ 17m (US$ 15.2m), Just Food reports. Goodman Fielder has also recently sold off other assets as part of a move to optimise its product and brand range. Commenting on the sale, CEO Chris Delaney of Gooodman Fielder stated: “It allows us to concentrate our internal resources and investment on our core brands within the grocery division, …
Canadian company Saputo will now face only rival Murray Gouldburn to acquire Australia’s oldest diary processor Warrnambool after Bega Cheese withdrew its bid, according to Canadian Manufacturing. Bega Cheese had launched a fierce bidding war over the acquisition of Warrnambool in September. However its share offer has thus far attracted less than 1% of shareholders. The move is likely to be to the advantage of remaining rivals Saputo and Murray …
Japan Tobacco has bought a stake in Russian tobacco distributor Megapolis. The 20% stake was reportedly acquired for more than $750 million, with another $100 million tied to Megapolis’s “operational performance”. The investment by Japan Tobacco is designed to enable it to further penetrate the Russian tobacco market, the second biggest in the world behind China. Megapolis has 70% share of Russia’s distribution market and delivered more than 260 billion …
Energy drinks manufacturer Red Bull is planning to release Red Bull in China after recently gaining the necessary permissions to launch. Red Bull – the leading global energy drinks brand – could soon be on shelves in China after the Austrian manufacturer finally gained approval for launch. Reports state the process has been a lengthy one including delays in May 2013 due to issues over distribution rights. As part of …
Tesco has announced plans to run multi brand outlets in India by investing in local operator Trent Hypermarket. Tesco is hoping to take a 50% stake in Trent Hypermarket Limited, which is a subsidiary of conglomerate Tata Group. Tesco’s plans have been submitted to India’s Foreign Investment Promotion Board. The investment would see a step-up in cooperation between Tesco and Trent – a partnership that has already been running for …
Beak New Zealand has recently announced a range of processed meat products targeted at health-conscious parents. The range includes a tomato sauce flavoured sausage as well as meatballs and burgers and is designed to appeal to both youngsters and their parents. The products contain herbs, spices and premium beef or chicken and are claimed to be aimed at the growing number of families who are asking for a more natural …
Tingyi, one of China’s largest food and drinks manufacturers, is looking to further develop its portfolio, according to Bloomberg. Tingyi already has alliances with PepsiCo and Asahi Group and is looking to add to these deals in 2014. The company is contemplating a new strategic alliance considering both domestic and overseas brands for deals and co-operations, it is reported. It is claimed that it will use a ‘war chest’ of …
The number of online shoppers is continuing to grow in China, Taiwan and Korea, creating many opportunities for FMCG brands, a recent report has concluded. In South Korea, e-commerce is now the third largest retail channel in FMCG, with 9% market share. In China and Taiwan, the market share stands at 1.8% and 3.2% respectively, and is expected to grow significantly. However, according to Warc, behind the headline growth rates …
Dairy exporter Fonterra may face legal action from Danone over the recall of infant formula that the former claimed contained a potentially harmful ingredient. Danone aims to claim back compensation for what it says was a €350 million ($476 million) loss in sales following the recall of products in New Zealand and Australia. Negotiations started back in October in a bid to resolve the disagreement. At the annual meeting of …
According to Vietnam Breaking News, Masan Group, Vietnam’s largest private sector company, is planning for expansion in the beverage market in 2014. Masan Group is currently establishing Masan Consumer Holdings (MCH) to consolidate its stakes in Masan Consumer under one company while acquiring others. Masan Consumer recently acquired a 62% stake in the Vinh Hao Mineral Water Company, expanding its beverage portfolio which also includes Vinacafe Bien Hao, and strengthening …
The health ministry in India has recently decided to ban ayurvedic medicines and other products unless they adhere to strict rules on their formulation, TMC reports. The new legislation will affect many popular products include the health supplement Chyawanprash and the bone treatment Rhumayog, and many manufacturers will be left with no choice but to rename their products. Companies marketing ostensibly ayurvedic products with added ingredients will either have to …
Global food and drinks manufacturer Nestle is to sell its diet and weight management business Jenny Craig to US-based private equity group North Castle Partners. Jenny Craig supplies diet and fitness programmes that can be tailored to suit the consumer’s needs and has been part of the Nestle group since 2006. North Castle Partners is a consumer private equity firm that is orientated around health, well being and active living …
Tom Pockket is to step down as Woolworths CFO in January 2014, Just Food reports. He is to be replaced by David Marr, currently general manager of corporate finance at the market-leading Australian grocery retailer. Pockket has spent 11 years in charge of finance at Woolworths. Chairman Ralph Waters stated: “It has been Tom’s wish for more than 12 months to retire and the board prevailed upon him to stay …
Burger King has formed a joint venture with private equity firm Everstone Capital to enter into the Indian market. The venture plans to invest $100 million to set up 500 outlets in the country over 7-10 years as a franchisee of Burger King. According to Elias Diaz Sese, president of Burger King Asia Pac Pte Ltd, “India is a market with huge potential for Burger King restaurants and we have …
Friesland Campina has announced that it is to partner with China Agricultural University (CAU) and Wageningen UR (University and Research Centre) to establish a Sino-Dutch Dairy Development Centre (SDDDC) in China. The three partners envisage the SDDDC to become a research, knowledge and training institute with its own premises and research equipment, staffed by experts in the field of dairy development, the company said. The centre is designed to improve …
A novel packaging solution could be making a further stride towards retail reality as it is put before a global investment fund, FoodBev reports. Eco-Clic, designed by Julian Tuesdale of New Zealand, features a collapsible system allowing consumers to squash the bottle and thus reduce its height before they dispose of it. According to Eco-Clic, the bottle will fold down to half of its original size. Once this is done, …
PespiCo has announced plans to increase production in India with funds going towards manufacturing and agriculture. This investment will see the expansion of the PepsiCo production line in India, where eight established brands (Pepsi, Lay’s, Kurkure, 7UP, Slice, Mirinda, Mountain Dew and Aquafina) are already generating 1000 crore rupees in annual sales, according to the company. Pepsi Co aims to double current levels of production in India by 2020, as …
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