Australia: Darrell Lea buys Life Savers brand from Nestle
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 […]
Australia: Lion acquires Fourpure Brewing Co
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 […]
India: Nestle launches Nesplus breakfast cereal
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 […]
Philippines: Century Pacific to invest in new plant
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 […]
China: Coca-Cola inaugurates new plant in Yunnan province
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 […]
India: Manpasand Beverages to open ninth facility
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 […]
Australia: Lion launches functional iced coffee
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 […]
India: MTR Foods invests in start-up company FirmRoots
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 […]
India: Nestle to introduce breakfast cereal
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 […]
South Korea: L’Oreal announces Nanda acquisition
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 […]