France: Heritage Foods establishes joint venture with Novandie
Heritage Foods, an Indian dairy firm, has announced it has agreed to establish a 50:50 joint venture with the French yoghurt maker Novandie, a subsidiary of fruit, dairy and bakery company Andros. The joint venture is to see a facility established in France for the production of flavoured yoghurt and desserts. This plant, which is expected […]
USA: Constellation Brands acquires Funky Buddha
Constellation Brands, the leading wine, beer and spirits firm, has announced the acquisition of Florida-based craft brewer Funky Buddha. Funky Buddha is described as the fastest growing craft brewery in Florida, with brands including Floridian Hefeweizen and Hop Gun IPA. The firm’s 54,000 sq ft brewery has a capacity of 45,000 BBLs, and is said to be South […]
Australia: Unilever to acquire Weis ice cream
Unilever, the FMCG giant, has announced that it is to buy Australian ice cream maker Weis for an undisclosed sum. Weis is described as a second-generation Australian ice cream and frozen dessert manufacturer with a variety of ice cream formats including single bar, multi-pack bars, dairy-free sorbet tubs and frozen yoghurt tubs. Unilever said that […]
USA: Flowers Foods to close plant in Winston-Salem
Flowers Foods, the US bakery business, has revealed plans to close a production facility in Winston-Salem, NC “to improve the profitability of its Warehouse segment”. The move was announced in a statement of Q2 results, with the firm saying that “sweet baked goods production will shift to more efficient Flowers’ snack cake bakeries”. According to […]
Indonesia: Japan Tobacco acquires Karyadibya Mahardhika
Global tobacco firm, Japan Tobacco has announced the acquisition of kretek cigarette company Karyadibya Mahardhika and its distributor for $677 million, in a deal that will see it buy 100% of the outstanding shares in the Indonesian firm. Japan Tobacco said the acquisition would “give the JT Group immediate scale and presence on a nationwide […]
Japan: Nestle opens new KitKat facility
FMCG multinational Nestle has opened a new Kit Kat factory in Japan to cater to growing demand for the confectionery brand, according to BCC Japan. The new facility – located in Ginza – started operations on 1st August and specialises in flavoured varieties of KitKat. It is said to be Nestle’s first new factory in […]
Japan: Yukijirushi Megmilk injects ¥20 billion into its Hokkaido plant
Japan based dairy specialist Yukijirushi Megmilk (trading as Megmilk Snow Brand) has announced an investment of ¥20 billion ($180 million) into its Isobunnai plant in Hokkaido, Japan, with work to be completed by 2020. The plant, positioned as a leading butter, cream and skimmed milk facility in Japan, was established in 1960 and is said […]
Australia: McCain introduces ‘man size’ meals
International frozen food giant McCain has launched a range of ‘man size’ frozen meals in Australia that are claimed to be better quality, more satisfying, and larger than traditional products. According to Inside FMCG, McCain Man Size Ready Meals are claimed to be 50% larger than regular frozen meals, and made with “quality cuts of meat” and […]
South Africa: Marico acquires hair styling brand Isoplus
Mumbai-based FMCG company Marico has announced the acquisition of the leading South African hair styling brand Isoplus for about 36 crore INR ($5.6 million). The deal, which includes Isoplus’ manufacturing facilities, working capital and intellectual property rights, was made between the previous owners JM Products and Mary L Harris and Marico’s subsidiary Marico South Africa. […]
Japan: Asahi expands Wonda brand with coffee jelly drink
Leading beverage maker Asahi has announced the launch of a new coffee jelly drink under the long established coffee brand Wonda. The new Wonda Shake Jelly Coffee is presented in a plastic bottle and is sold with a separate sachet of milk powder that is designed to be mixed into the drink before being consumed. […]