Japan: Meiji launches yoghurt boasting skin hydration, UV protection benefits
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 […]
Australia: Entyce Food Ingredients acquires citrus juice brand Naked Rivals
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 […]
India: SLMG Beverages to invest in bottling facilities
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 […]
Japan: KKR to sell Seiyu supermarket chain to Trial Holding
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 […]
India: Adani Wilmar acquires GD Foods
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 […]
China: Danish Crown to shut processing plant in Pinghu
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 […]
India: Purabi Dairy signs deal to double production capacity
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 […]
Australia: Colgate-Palmolive to acquire Care TopCo
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 […]
Japan: Suntory to invest in gin plant in Osaka
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 […]
India: Carlsberg to invest $42 million in Mysuru brewery
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 […]