Australia: David Jones increases private label products
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 […]
Japan: Suntory builds new factory
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 […]
Japan: Kirin Brewery to introduce Zero Ichi brand
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 […]
India: Cargill introduces anti-counterfeiting technology
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 […]
Australia: Broo acquires Mildura Brewery
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 […]
China: PEZ International to enter market
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: Carlsberg looking at acquiring Asahi’s Tsingtao stake – reports
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 […]
Australia: Freedom Foods Group signs partnership with Seamild Group
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 […]
Netherlands: Heineken’s DB Breweries to acquire Tuatara Brewing Company
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 […]
Australia: Mondelez International sells brands to Bega Cheese
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 […]