Canada: Lait Kaiser & Cult Yogourt to acquire Chagnon Dairy
Canadian dairy manufacturers Lait Kaiser and Cult Yogourt have agreed to acquire Chagnon Dairy, an independent creamery and milk brand in Quebec, Canada. Chagnon produces over 4 million litres of fluid milk, butter, ice cream and other dairy products. The acquisition of a 30,000 sq ft food creamery will help Lait Kaiser and Cul Yogourt […]
USA: Nestle, Danone and Origin Materials team up
Worldwide water bottling company Nestle Waters has teamed up with dairy and drinks multinational Danone and California-based startup Origin Materials to form the Natur’ALL Bottle Alliance to develop a PET bottle made from bio-based, 100% sustainable and renewable resources. According to Nestle Waters: “the project uses biomass feedstocks, such as previously used cardboard and sawdust, […]
Mexico: Henkel to acquire Nattura Laboratorios
German household and personal care giant Henkel, has announced that it has signed an agreement to acquire haircare firm Nattura Laboratorios and associated companies in the USA, Colombia and Spain. Headquartered in Guadalajara, Mexico, Nattura Laboratorios is primarily a manufacturer of professional haircare products, but is also active in the retail space through the styling […]
Brazil: Pepsico in negotiations to acquire Vigor – reports
Food and soft drinks giant PepsiCo has reportedly opened negotiations to acquire Vigor, a Brazilian dairy company owned by J&F group. According to Valor, PepsiCo has made two proposals to acquire the dairy company but up to this moment there was no consensus on the value of the transaction. The last value offered was reportedly […]
Austria: Nestle to close plant in Linz
Nestle, the food and drink multinational, has announced plans to close its factory in Linz, Austria “as part of its on-going portfolio review”. Built in 1879, the Linz facility manufactures a broad range of grocery products and has a total production volume of about 6,000 tons. 127 staff are employed at the site. Announcing the […]
Germany: Amira Nature Foods acquires rice brands
Amira Nature Foods, an Indian manufacturer of basmati rice and related products, has announced the acquisition of several speciality rice brands in Germany. The portfolio includes brands that have mainly been sold in ethnic channels and include Al Amir, Al Hakim, Bano, Dalia, Hanna and Shah Pari. “The addition of these specialty, packaged rice brands […]
India: PepsiCo to launch Quaker Nutri Food
PepsiCo, the global snacks and soft drinks giant, is expanding its breakfast foods portfolio in India with the launch of Quaker Nutri Food. The new launches are described as familiar breakfast foods called Dosa (a type of pancake), Upma (a porridge made from semolina and rice flour) and Khichdi (a rice and lentil dish), said to […]
UK: Asda introduces prosecco alternative
UK retailer Asda has introduced a premium sparkling wine called Progrigio, marketed as a more affordable alternative to prosecco. Progrigio is described as “Crisp, fresh and delicately floral, with fruity aromas balanced by its dry profile that offers a hint of sweetness at the finish”.” Made from a blend of Italian grapes called Glera – which […]
USA: PepsiCo introduces “next generation” soft drinks
Food and drink giant PepsiCo is introducing two new “healthier” alternatives to soft drinks called IZZE Fusions and Lemon Lemon, reportedly to target generation Z. IZZE Fusions and Lemon Lemon aim to appeal to younger consumers by containing fewer calories, less sugar, and no artificial sweeteners or flavours. “The consumer is getting more sophisticate”, said […]
Switzerland: Lindt & Sprungli reports growth in 2016
Lindt & Sprungli, the Swiss chocolatier and confectionery company, has announced a global sales rise of6.8% to CHF 3,901 billion ($3,850.9 billion) over the 2016 financial year, where operating profit also rose by 8.4% to CHF 562.5 million ($555 million). According to a company press release, the firm achieved overall organic sales growth of 7.4% in […]