Australia: Nestle expands Purina pet care production
Nestle has announced a A$65 million ($57 million) investment at its Purina pet care factory in Blayney, Australia. The upgrade is designed to extend the plant’s capabilities and will also create around 100 full time jobs, Nestle said. The move will take total investment in the location to A$100 million ($88 million) since 2011. The […]
India: Johnson & Johnson reportedly to sell Savlon and Shower To Shower brands
Johnson and Johnson (J&J), one of the leading companies in the consumer health and pharmaceuticals space, is planning to sell two of its traditional brands in India, according to a report in the Economic Times. J&J is believed to be looking for a buyer for its Savlon line of antiseptic soap and liquids and its […]
New Zealand: Tasty Pot Co. launches new limited editions
Tasty Pot Co., a New Zealand manufacturer of meals and soups in tubs, has announced the launch of three new variants for the summer season. Summer Superfood (with quinoa, kale, flax seeds and pomegranate dressing), Mexican Pulled Pork (with wild rice, chilli beans, coriander & chipotle sour cream), and Japanese Teriyaki (with chicken, brown rice, […]
China: Nestle inaugurates Dairy Farming Institute
Nestle has announced the inauguration of a new Dairy Farming Institute in China as part of a CHF 30 million ($32 million) investment to help modernise Chinese dairy farming practices. The aim of the operation is to enable local farmers to respond to the country’s milk demand in a sustainable, modern and efficient way in […]
China: Bright Food purchases majority stake in oil producer Salov
Chinese state-owned conglomerate Bright Food has purchased a majority stake in Salov, an Italian olive oil producer, according to reports. The agreement, whicy comes 3 years after the Italian company was initially put up for sale, will see Bright Food take ownership of the brands Sagra and Berio. Sagra is one of the top ten […]
Australia: Woolworths and Coles plot move into convenience stores
Woolworths and Coles, Australia’s two primary supermarket chains, are considering a move into smaller-format stores to cater for the needs of city dwellers, according to a story from the Sydney Morning Herald. The newspaper reports that Woolworths is sizing up centrally-positioned sites in major cities including Sydney and Melbourne. 200-400 square metre locations are the […]
China: Hershey acquires 80% stake in Shanghai Golden Monkey
Hershey Netherlands BV, a subsidiary of The Hershey Co., has announced that it has acquired an 80% stake in Shanghai Golden Monkey Food Joint Stock Co. (SGM), a company it first expressed an interest in back in December 2013. Food Business News reported that Hershey has acquired the stake in SGM, a privately help confectionery […]
Philippines: PepsiCo set to move into food manufacture
PepsiCo Philippines has announced plans to invest P650 million ($14.6 million) in a new facility in its home country as it seeks to expand its presence in the country from beverages into food, Business World reports. The company, which is a licensee of PepsiCo, Inc. and Pepsi Lipton International Ltd. and produces non-alcoholic drinks under […]
Japan: Yoshida set to invest in Vietnam facility
Japanese cosmetic packaging manufacturer Yoshida has announced investment in a new plant in Vietnam. According to Premium Beauty News, the topic of investment has been popular over the past few months, with the company President Yuzo Yoshida now disclosing the information. Yoshida announced: “The construction of the new factory of the Group has just begun […]
Japan: Windsor Quality Holdings to be acquired by Ajinomoto
Ajinomoto North America, a consolidated subsidiary of Ajinomoto Co. has entered into an agreement to acquire Windsor Quality Holdings for approximately $800 million. According to a press release , the acquisition is designed to help the company to become the clear number one manufacturer of Asian/Ethnic food products in the surging Asian category of the […]