Lime and peach top flavour lists in new alcoholic drinks
Insight by Gama Compass™ MANCHESTER – 16th October 2015: Lime and peach are the most popular flavours in new alcoholic drinks launches, according to the latest study of global NPD by Gama. Based on analysis of products reported on Gama Compass™ over the past 18 months, lime was the leading flavour across new alcoholic launches […]
Mexico: Mars acquires Grupo Turin
Global food firm Mars has announced that it has reached an agreement to acquire Mexican chocolate manufacturer Grupo Turin. A family business operating since 1928, Grupo Turin is the owner of well known brands such as Conejos and Turin. The agreement will provide more opportunities of growth for Turin’s team and brands, whilst remaining a family […]
Brazil: Ebba launches Maguary “nectar with pieces”
Brazilian drinks firm Ebba has introduced what it claims to be the first fruit nectar containing real fruit pieces available in South America. Maguary Nectar With Pieces is being made available in supermarkets across Brazil in a choice of four varieties: Peach, Pineapple, Apple and Mango. Commenting on the launch, Ebba commercial director Fábio Levalessi […]
Brazil: Vigor invests R$150 million in new plant
Brazilian dairy firm Vigor is investing R$150 million ($40 million) to establish the company’s first plant in the state of Rio de Janeiro, according to reports in Sistema FAEMG and O Globo. The facility, in Barra do Pirai, Sul Fluminense, will employ 350 staff when operating at full capacity. Vigor, whose major shareholder is J&F […]
Netherlands: Heineken and Diageo swap emerging market beer & spirit assets
Heineken, the world’s third biggest brewer by volume, has announced that it has entered into a partnership with global spirits firm Diageo to realign its ownership interests in a number of emerging markets. The deal sees Heineken take control of Desnoes & Geddes by acquiring Diageo’s 57.9% shareholding and also gives the firm full ownership of GAPL. Desnoes […]
Argentina: BRF acquires four brands from Molinos Rio de la Plata
BRF, one of the world’s seven largest food companies, has announced that it has started the process of acquiring the meat and margarine brands Vienissima, GoodMark, Manty and Delicia from leading Argentinian firm Molinos Rio de la Plata. The deal aims to “develop the businesses, consolidate production capacity and amplify [BRF’s] portfolio of brands and […]
Mexico: Henkel acquires Xtreme hair styling brand
The Xtreme brand of hair gel has been acquired by the German personal and household care firm Henkel, according to a report in Revista Neo. The brand was previosly owned by Wet Line, a Mexican manufacturer of perfume, cosmetics and toiletries. The transaction includes the brand along with products formulas and packaging. “We are making […]
Colombia: Colombina acquires Fiesta
Colombina, the Colombian food multinational, has announced the acquisition of Spanish confectionery firm Fiesta for €16.88 million ($19.27 million). Established for over 50 years, Fiesta produces sweets and other confectionery products under brands such as Kojak, Piruleta, Fresquito and Lolipop. It operates a production facility in Alcala de Henares which employs around 124 staff. Through the […]
Savoury flavours return Greek yoghurt to the Mediterranean
The latest innovation insight from Gama Compass™ MANCHESTER – 17th September 2015: Gama’s latest Innovation Insight offers a window into the potential future evolution of the Greek yoghurt trend. This week we take a look at a product launch that looks to redefine the ‘yoghurt + granola topping’ concept by giving it a new savoury […]
Mexico: Arca Continental merges with Corporacion Lindley
The Coca-Cola bottlers Arca Continental of Mexico and Corporacion Lindley of Peru have announced an alliance that will create one of the world’s largest Coca-Cola bottling firms. The new entity will have revenues of approximately $5.4 billion and EBITDA of $1.1 billion. Currently, Mexican firm FEMSA is the largest private Coca-Cola bottler with revenues of […]