India: Amul plans to establish 15 new milk processing plants
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 […]
Indonesia: PepsiCo breaks ground on new snack plant
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 […]
Australia: Beam Suntory and Frucor Suntory launch Suntory Oceania
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 […]
Philippines: Coca-Cola Europacific Partners acquires Coca-Cola Beverages Philippines
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 […]
Australia: Kommunity Brew acquires Cool Cool Beverage Company
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 […]
Australia: Wide Open Agriculture to open dairy alternative plant
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 […]
Singapore: Comvita acquires manuka honey peer HoneyWorld
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 […]
India: Procter & Gamble to set up export manufacturing hub in Gujarat
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 […]
India: CCL Products to invest $300 million in instant coffee plant
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 […]
Australia: Mars to expand pet food factory
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 […]