Switzerland: Nestle invests in Henniez bottled water site
Nestle Waters, Nestle’s bottled water division, has announced a 25 million CHF ($25 million) investment at its Henniez bottled water site in Switzerland to upgrade and modernize facilities. Dubbed H2Orizon 2020, the investment aims to improve efficiency by modernizing equipment and processes, as well as stimulate innovation and reduce ecological impact. Among the planned improvements are […]
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 […]
Netherlands: Heineken invests in Belize Brewing
Dutch brewer Heineken is expanding its presence in Central America with the acquisition of a minority stake in Belize Brewing, the leading beer firm in Belize. Belize Brewing is a subsidiary of Bowen & Bowen, which has been an importer and distributor of Heineken brands including Heineken, Amstel and Red Stripe in Belize since 2016. The firm also produces […]
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 […]
Germany: Kaufland launches Bevola personal care brand
Kaufland, the leading German supermarket chain operated by the Schwarz Group, has announced the launch of a new private label brand called Bevola, focused on health and beauty and exclusively available at Kaufland stores. Launched with the slogan “love yourself – take care of yourself”, the brand line consists of over 120 items targeted at “the […]
USA: Amazon introduces pet care brand Wag
US e-commerce giant Amazon has added to its own brand line up of grocery products with the launch of a range of pet food under the name Wag, according to a report in CNet. The new brand is the latest addition to Amazon’s expanding portfolio of private label brands, which currently comprises more than 70 […]
USA: Highlander Partners to acquire Huhtamaki’s confectionery portfolio
US-based private investment firm Highlander Partners has acquired the confectionery portfolio owned by Finnish food and beverage firm Huhtamaki. In relation to the deal, Highlander Partners said it had created a new entity where the asset will be held and that will continue to license to chocolate maker Hershey under the same terms and conditions. […]
Switzerland: Nestle to sell Serbian chocolate brand Cipiripi
The Serbian arm of consumer goods giant Nestle has announced that it is disposing of its children’s chocolate brand Cipiripi. The firm is selling the product line to Paracinki, a subsidiary of the distribution firm Silbo. Terms of the deal were not disclosed. The Cipiripi brand range includes confectionery bars, chocolate spread and chocolate drink […]
USA: Mondelez acquires biscuit brand Tate’s Bake Shop
Snacks and confectionery multinational Mondelez has announced that it is expanding its brand portfolio with the acquisition of US biscuit maker Tate’s Bake Shop. Mondelez, which is acquiring Tate’s Bake Shop for almost $500 million from private equity firm The Riverside Company, will operate Tate’s Bake Shop as a separate standalone business. The company will […]