China: China Foods offloads wine and non-beverage business
China Foods, a division of Chinese conglomerate Cofco, has announced that it is to offload its wine and non-beverage business, including the flagship Great Wall brand, in a deal worth 5,069 million HKD ($649.2 million). Explaining the rationale for the decision in a statement, China Foods said: “The wine industry in the PRC has faced increasing […]
UK: Hilton Food Group acquires Icelandic Group’s Seachill unit
Hilton Food Group, a UK meat firm, has acquired Icelandic Group’s Seachill unit in a deal worth £80 million ($106 million). Seachill, one of the UK’s leading fresh fish processors, is the owner of The Saucy Fish Co brand and operates two facilities in Grimsby, Humberside employing around 700 staff. The firm markets a range of […]
Belgium: Fruit and vegetable firm Agram acquired by Crop’s
Crop’s, a Belgian producer of fruit, vegetables and ready meals, has acquired the Polish firm Agram for an undisclosed sum, according to a report in Just Food. Agram produces 28,000 tons of vegetables and fruit a year, principally cauliflower, broccoli, onions, strawberries, blueberries and rhubarb. It operates two facilities in Poland and employs around 200 […]
Italy: Ferrero to partner with Unilever on Kinder ice cream
Confectionery and nut butter firm Ferrero is to partner with FMCG multinational Unilever to bring the Kinder chocolate brand to the ice cream category, according to a report in La Stampa. Under the terms of the agreement, Ferrero will license the Kinder brand to Unilever, who in turn will take responsibility for production and distribution. […]
UK: Coca-Cola launches Schweppes 1783
Multinational beverage company Coca-Cola has announced the launch off Schweppes 1783, a line of “premium” mixers claimed to have been developed in partnership with some of the world’s “top mixologists”. According to Coca-Cola, the new range was “inspired by the alchemy of Jacob Schweppe in 1783” and “combines the effervescence and balanced taste of Schweppes […]
Netherlands: Jumbo launches Veggie Chef range
Dutch retailer Jumbo is expanding its product offer in the vegetarian and vegan space with the launch of a new line of private label products under the brand name Veggie Chef. Targeted at the growing proportion of consumers looking for meat alternative products, the new line features a total of 21 vegetarian and 19 vegan […]
Australia: Coca Cola Amatil acquires Feral Brewing
Coca Cola Amatil (CCA), a leading bottler of Coca-Cola and other soft drinks in the Asia Pacific region, has announced the acquisition of Australian craft brewer Feral Brewing. Based in Perth, Western Australia, Feral Brewing produces a range of bottled craft ales under brand names such as Smoked Porter, Karma Citra and Sly Fox. The […]
Japan: Asahi mulling sale of stake in Tsingtao Brewery
Japan-based drinks firm Asahi has announced its intention to sell part or all of its 20% stake in Tsingtao Brewery, the second-largest beer maker in China, for around $1.2 billion. The stake was originally acquired by Asahi in 2009 from Belgium-based beermaker AB InBev for around $666 million. Asahi has been shedding a number of […]
Germany: Les Grands Chais de France to acquire Binderer
Les Grands Chais de France, France’s leading private winemaker, is to acquire German wine group Binderer, according to a report in WeinWirtschaft. The deal is said to include Binderer St. Ursula Weinkellerei and the Hungarian group Danubiana, as well as subsidiaries St Rochusberg Weinhandels, Torre Giacomol and Binderer Wine Select. Binderer markets wines from Germany, France, […]
Russia: Nestle to open infant formula plant
Nestle, the Swiss FMCG giant, has announced an investment of 30 million CHF ($30.8 million) to build a new infant formula plant in Russia. According to a report in FoodBev, the new facility will be located at the firm’s existing Vologda site, where Nestle has been operating for 14 years. The move is described as […]