Netherlands: Heineken to open first brewery in Mozambique
Heineken, the global beer giant, has announced that laid the foundation stone of its first brewery in Mozambique following an investment of $100 million. Located in the province of Maputo, the brewery will have a production capacity of 0.8 million hectolitres and will brew beers for domestic consumption, with operations expected to begin by the first […]
Australia: AB InBev acquires Pirate Life
Pirate Life, a craft brewer based in Adelaide, Australia is to be bought by global beermaker AB InBev via its subsidiary Carlton United Breweries. Announcing the move in a statement, the two firms said the deal would enable Pirate Life to “continue its unprecedented growth path”. Established in 2014, Pirate Life produces a range of […]
Poland: Maxima Grupe seeks to acquire Emperia
Maxima Grupe, a Lithuania based holding company that controls retail chains, has announced that it has started negotiations to acquire Polish retail chain Emperia. According to the company, the investment would allow the group to further expand in Poland, where it is already present with the Aldik banner. Petras Jašinskas, chairman of the board at […]
USA: Mars acquires minority stake in Kind
Global food giant Mars has purchased a minority stake in New York, USA based snacks manufacturer Kind. Announcing the move in a statement, the two firms said that Kind would continue to be operated independently in New York by its majority shareholders, founder and CEO Daniel Lubetzky and its management team, whilst Mars would support […]
Canada: Romana Food Brands to acquire Pasta Romana
US-based Romana Food Brands, formerly known as Blackbird International, has acquired Canada-based pasta maker Pasta Romana for an undisclosed amount. Through the operation, Romana Food Brands said it was shifting its business to focus on the $98 billion Canadian food processing sector. Founded in 1996, Pasta Romana manufactures products such as fresh pasta, fresh filled […]
India: PepsiCo launches Mirinda Joosy
PepsiCo, the food and soft drinks giant, is launching a new Joosy version of its Mirinda fruit-flavour soft drink in India. According to a report in the Economic Times, the new version of the carbonated soft drink will contain orange juice and pulp sourced from Indian farmers. The drink is first being introduced in the […]
USA: Arca Continental acquires Deep River Snacks
Arca Continental, described as Latin America’s second-largest Coca-Cola bottler, has announced the acquisition of US snacking firm Deep River Snacks for an undisclosed sum. The Mexican firm, which also owns the Wise Snacks, Bokados and Inalecsa brands, said that by expanding its portfolio it would “capture both the conventional and growing better-for-you segment within the […]
USA: 7-Eleven launches Simply Me Beauty
7-Eleven, the global convenience store chain, has announced the launch of its first private label cosmetics brand under the name Simply Me Beauty. Promising “cosmetic convenience”, the new brand range is described as “an affordable, fashion-forward line of makeup” targeting millennial women. According to 7-Eleven, the new products were “created for busy millennial-aged women looking for […]
Chocolate shakes go trendy with avocado launch
The latest innovation insight from Gama Compass MANCHESTER – 28th November 2017: This month’s Innovation Insight takes a look at the stellar rise of avocado in the FMCG space, as the fruit forges new roles across the food, drinks and personal care industries. The latest development sees avocado make a name in the world of ready-to-drink chocolate shakes […]
USA: Unilever expands in personal care with Sundial Brands acquisition
Unilever, the FMCG multinational, has announced the expansion of its personal care portfolio with the acquisition of New York, USA based toiletries firm Sundial Brands for an undisclosed sum. Announcing the move in a statement, Unilever said that the move would “accelerate[] […] category growth by addressing under-served needs of multicultural and millennial consumers”. Founded in […]