Thailand: CP Foods invests $20 million to build new plant
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 […]
China: Yili acquires 37% stake in Shengmu Dairy
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 […]
Australia: Schwarz Group considering opening Kaufland stores
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 […]
India: Future Consumer launches oat brand Kosh
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 […]
India: Creamline Dairy Products invests in new plant
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 […]
Japan: Kirin buys minority stake in Brooklyn Brewery
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 […]
Japan: Asahi set to bid for SABMiller’s Eastern Europe brands – reports
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 […]
Australia: Be Natural launches cereal to be paired with coconut water
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, […]
India: Dabur launches beauty brand Jaquline USA
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 […]
Japan: Kirin launches ‘mystery’ coffee in unmarked packaging
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 […]