Lisa Sohanpal, Founder & CEO
Nom Noms World Food
Gama spoke to Lisa Sohanpal, Founder & CEO, Nom Noms World Food. What are the key success factors when launching a new retail food brand to the market? “At the forefront of launching a successful retail food brand is the need to understand the target customer, anticipate their needs, and inspire them further. Entrepreneurs need […]
USA: Kraft Heinz unveils coffee range with caffeine “boost”
Kraft Heinz, one of the world’s largest food and beverage firms, has launched a new range of coffee that allows consumers to adjust the level of caffeine intake. Marketed under the Maxwell House brand name and available in the US, the Max Boost line offers three different levels of caffeine per cup – 1.25, 1.5 […]
Salad enters the drinks space
The latest innovation insight from Gama Compass MANCHESTER – 29th June 2017: This month’s Innovation Insight looks at how packaged salad manufacturers are adapting to the new ways that consumers are incorporating ‘healthy’ ingredients into their diet. Under the microscope is a new line that positions salad leaves as an ingredient to be blended into health […]
USA: Hain Celestial acquires Better Bean
Cultivate Ventures, the strategic platform of Hain Celestial Group has signed an agreement to acquire bean-based manufacturer Better Bean, for an undisclosed amount. “Better Bean is well suited for the Cultivate Ventures portfolio given our focus on the perimeter of the store with our BluePrint functional beverages, Yves Veggie Cuisine vegetarian offerings and Health Valley […]
USA: Supervalu to complete acquisition of Unified Grocers
US retail and wholesale firm Supervalu has completed the acquisition of wholesale grocery cooperative Unified Grocers for $390 million. The deal is comprised of $114 million in cash and $276 million for outstanding net debt. Supervalu has annual sales of about $13 billion, while Unified Grocers annual sales are approximately $3.8 billion. Mark Gross, president and […]
Spain: Dia plans to expand in Latin America
Spanish retailer Dia is planning to expand in Brazil and Argentina. According to Reuters Brasil, the group announced that it plans to open 1,500 new stores in Brazil and 1,100 in Argentina by 2020, as a result of strong organic growth in Latin America. Currently, Dia has 1,000 stores in Brazil and more than 7,000 […]
Brazil: Natura Cosmeticos secures acquisition of The Body Shop
L’Oreal, the global personal care giant, has announced that it has signed a contract for the sale of The Body Shop to Brazil-based Natura Cosmeticos. The French firm announced earlier in June that it was in “exclusive discussions” with Natura Cosmeticos over a potential deal, which valued The Body Shop at an enterprise value of […]
UK: Hovis introduces “lower carbohydrate” bread
UK based bread and flour Hovis has introduced Lower Carb, a new range of bread aimed to attract consumers looking to reduce the intake of carbohydrates in their diet. According to the company, the new product – which is said containing 30% fewer carbohydrates than regular bread – did not require a new production method, […]
Germany: Philip Morris to construct facility for smokeless cigarettes
Philip Morris, the leading tobacco firm, has announced plans to construct a new facility in Germany for the manufacture of smoke-free cigarettes. The result of a €290 million ($323 million) investment, the new plant will manufacture the firm’s IQOS brand of tobacco steaks that “uses revolutionary technology that heats tobacco without burning it, giving you […]
USA: Bright Greens receives $2 million funding from Kellogg’s Eighteen94 Capital
Cereal and snack firm Kellogg’s venture capital fund Eighteen94 Capital has made an investment in plant-based frozen smoothie maker Bright Greens. The $2 million raised is set to be used to scale up the business. Founded in 2015 by Brian Mitchell, Bright Greens aimed to make it more convenient for consumers to get their fruits […]