China: Spar announces expansion
Dutch multinational retailer Spar has announced a new partnership in China with Yunnan Anning Jinfang Commercial Group (Jinfang), with plans to open 32 new stores in the country. The new partner, Jinfang, operates in the retail sector in China and will invest in converting 32 of its stores into the Spar brand in the coming […]
Mexico: Bimbo acquires Ready Roti
Mexican bakery firm Grupo Bimbo has acquired a 65% stake in the Indian company Ready Roti for an undisclosed amount. The New Delhi-based maker of bread, pizza bases, as well as sweet and savoury buns, operates four plants, generating annual sales of around $48 million. “This acquisition represents Grupo Bimbo’s entry to the Indian market, […]
Australia: Nestle launches new breakfast range
FMCG multinational Nestle has expanded its breakfast range of oat sachets in Australia by launching a range called Nature’s Mix under the Uncle Tobys brand. The product, said to be launched due to increased demand from consumers for low-sugar products, is described as a “no added sugar” range that is “naturally sweetened with dried fruit […]
Singapore: Ezaki Glico to set up new unit
Japan based snack manufacturer Ezaki Glico has released a plan to set up a new, wholly owned subsidiary called Glico Asia Pacific Pte. Ltd. in Singapore on 1st June 2017. According to a press release, the new company has been set up to engage in business control as well as marketing activities within the ASEAN […]
France: Lactalis to acquire dairy producer Omira
Lactalis, the French dairy multinational, has secured an agreement to acquire German dairy producer Omira. Omira, one of the largest dairies in southern Germany, produces 830 million kilograms of milk per year. It produces UHT milk and dairy-based desserts, as well as lactose-free products under the Minus L brand, in its two facilities in Neuberg […]
Switzerland: Coop to launch vegetarian store
Coop, the leading Swiss grocery retailer, is set to launch a new retail outlet offering vegetarian friendly products, according to a report in 20 Minuten. Specific details of the new concept are said to remain closely guarded, but 20 Minuten reports that the store is set to be named Karma and will focus on products […]
Australia: Mondelez invests in Cadbury brand
FMCG multinational Mondelez International has recently announced the expansion of its Cadbury chocolate factory in Hobart, Australia, and the introduction of a new range of Cadbury Dark Milk chocolates. According to Inside FMCG, the company invested A$4 million ($2.9 million) to expand the site, by acquiring new equipment for two new production lines. Mondelez spokeswoman […]
Turkey: Anatolia acquires Whitworths fruit brand
Anatolia, a Turkish wholesale group, is set to acquire UK dried fruit brand Whitworths for an undisclosed sum, according to a report in FoodBev. Whitworths markets preserved fruit products – including sultanas, raisins, mango and prunes – for both baking and snacking. It also offers cereal-based snack products such as flaxseed crisps and coconut raw […]
Netherlands: Jumbo introduces ketchup made with ‘waste food’
Dutch retailer Jumbo has launched a new range of table sauces developed in partnership with Verspillingsfabriek (‘Waste Factory’), an organization that uses leftover or ‘waste’ ingredients to prepare soups, sauces and spreads. The new range includes Tomato Ketchup, Curry Ketchup and BBQ Ketchup and, according to sources, was created by Jumbo’s ‘Innovative Lab’ and chef […]
UK: Unilever to acquire Quala brands
FMCG multinational Unilever has announced that it has reached an agreement to acquire personal care and home care brands of Latin American consumer goods firm Quala. With a combined turnover of over $400 million in 2016, Quala’s portfolio includes leading local brands such as haircare and skin cleansing brand Savital/Savile, male haircare and styling brand […]