India: Coca-Cola launches higher-carbonation cola
Coca-Cola, the global soft drinks giant, is tapping into the trend for ‘fizzier’ soft drinks with the launch of a new high-carbonation cola under the Thums Up name in India. Said to be the first extension to the Thums Up brand in 40 years, Thums Up Charged will offer “an intense combination of the strong taste […]
France: Agrial acquires Tallec
Agrial, the agri-food co-operative, is to acquire the Brittany-based charcuterie firm Tallec, according to a report in Les Echos. Headquarterted in Bannalec, Tallec manufactures traditional ham, terrines and pate, generating €37 million ($44 million) in annual revenue. It operates from two factories and employs around 200 staff. Commenting on the move, Agrial corporate relations director […]
Pakistan: Spar enters market
Global retailer Spar is set to expand its geographic footprint with the opening of its first store in Pakistan. The firm’s foray into the country is being conducted in partnership with Burque Group, described as one of Pakistan’s largest sales management and distribution companies in the FMCG sector. The first outlet is being opened in Karachi, […]
USA: PepsiCo launches salted caramel cola
PepsiCo, the food and beverage giant, has announced the launch of a new salted caramel flavour for its Pepsi cola. The flavour extension is part of a new lineup of festive products aimed at “delivering bold and cheerful holiday flavors that will satisfy everyone in the room”, according to a press release from the company. […]
Denmark: Orkla divests K Salat brand
The Danish arm of Scandinavian FMCG firm Orkla has announced the sale of its K Salat prepared salads brand to deli foods maker Stryhns, part of the Norwegian Agra group, for an undisclosed sum. Orkla described the move as being part of an effort to concentrate its activities on fewer categories. K-Salat has a product […]
USA: Milestone Brands acquires rights to Naranja liqueur
Milestone Brands, a US spirits brand created in 2016, has announced the acquisition of the rights to the Naranja liqueur brand from Pura Vida Spirits. Naranja is an orange liqueur described as having being distilled in Mexico since 1933. Milestone Brands said it intended to relaunch the brand in January 2018, with production to be […]
UK: Warpaint London announces acquisition of Retra Holdings
Warpaint London, a UK cosmetics manufacturer and owner of the W7 brand, is set to acquire rival Retra Holdings after raising £21.2 million ($28.0 million) in new investment. Retra Holdings owns the Technic, Body Collection and Man’s Stuff brands and generated revenue of £17.5 million ($23.05 million) in 2016. The firm focuses on the ‘gifting’ sector, […]
USA: Goya Foods expands Texas facility
Goya Foods, the leading US manufacturer of Hispanic food products, has announced the expansion of its facility in Brookshire TX to “support growing consumer demand” for its products. The 324,000 sq ft expansion will include production and distribution warehousing, production offices and auxiliary buildings. Goya said the investment would help it reach new consumers and strengthen […]
India: Heritage Foods to acquire Vaman Milk Foods
Heritage Foods, the Indian dairy firm, is stepping up its presence in northern India with the acquisition of milk processor Vanam Foods. Mohali, Punjab based Vanam Foods was founded in 2015 and reported turnover of 1,296 lakh INR ($1.98 million) to the year ending 31st March 2017. Heritage Foods has been stepping up its presence […]
USA: Ferrero launches Kinder brand
Ferrero, the Italian chocolate spread and confectionery firm, has announced the debut of its Kinder brand in the USA with the launch of chocolate novelty Kinder Joy. Kinder Joy is described an egg-shaped product containing sweet milk-cream flavour and cocoa flavours in one half, and a toy in the other. Currently sold in 170 countries, the Kinder […]