Australia: Coca-Cola Amatil to close facility, invests $69.4 million
Coca-Cola Amatil, a manufacturer and distributor of beverages in the Asia-Pacific region, has announced the closure of South Australian manufacturing facilities in 2019 and the investment of A$90 million ($69.4 million) of capital expenditure in its Richlands manufacturing facility in Queensland, Australia. The new investment is said to include installing “a new glass production line […]
UK: Vita Coco debuts coconut-based milk alternative
Vita Coco, the leading coconut water firm, has announced an expansion of its product line in the UK with the launch of Vita Coco Coconut Milk Alternative. Promoted on pack as “delicious, smooth & dairy free”, Vita Coco Coconut Milk Alternative is described as a blend of coconut cream and coconut water with “a whole […]
Netherlands: Albert Heijn introduces AH To Go app
Dutch retailer Albert Heijn has recently launched the AH To Go app, which is designed to help consumers to find special offers and discounts and to locate the nearest Albert Heijn store. According to European Supermarket Magazine, in order to find a deal in the app, the user needs to simply swipe a stack of virtual cards […]
Brazil: Procter & Gamble invests in innovation centre
US multinational Procter & Gamble has recently announced the investment of R$150 million ($50 million) in an innovation centre in Campinas, Brazil. According to Meio & Mensagem, the centre will focus on research and development for Latin America in the segments of baby care, beauty, household and hygiene, women’s and oral products, with the goal […]
USA: Palermo Villa to acquire Connie’s Naturals
Pizza manufacturer Palermo Villa has acquired Connie’s Naturals, a US frozen pizza company, according to an article in Food Business News. The agreement does not include the Connie’s chain restaurants which is located throughout the state of Illinois. As a result of the acquisition, Connie’s frozen pizza will become part of the Palermo portfolio of […]
USA: Kraft Heinz withdraws proposal to buy Unilever
Kraft Heinz, one of the world’s largest food and beverage firms, has decided to step back after FMCG giant Unilever rejected its merger offer on Friday. The takeover, that would have created the second largest FMCG multinational in the world Nestle, has been “amicably withdrawn”, according to a joint statement between the two companies. According […]
Spain: El Corte Ingles plans to merge with Hipercor
Spanish department store El Corte Ingles is planning to join its department stores with Hipercor hypermarkets with the aim of reorganizing its commercial offer and achieving synergies. The merger, that according to sources is at an advanced stage, aims to reduce costs by reorganising spaces and by sharing, for instance, distribution centres. Although they share spaces, […]
Australia: David Jones increases private label products
Australia’s upscale department stores David Jones announced 70% of foods sold in stores will be private label products by 2020 from current 24 per cent. Announced by South African-based parent Woolworths Holdings, this new strategy is believed to involve an investment of between A$75 (US$57.5 million) and A$100 million (US$76.7 million), aiming to be profitable […]
Japan: Suntory builds new factory
Japanese beverage giant Suntory has announced plans to expand production of coffee products by establishing a new factory in Ebina, Japan. The new factory, especially designed for freshly roasting coffee beans, is set to produce coffee products such as for Boss brand, to meet higher demands of these type of products. The New factory will […]
UK: Hain Celestial to acquire Yorkshire Provender
US natural and organic products company Hain Celestial has agreed to acquire UK soup manufacturer Yorkshire Provender for an undisclosed sum. Yorkshire Provender is based in the UK and produces branded soups, which are sold in leading retailers, on-the-go food outlets and food service providers. The acquisition will allow Hain Celestial, which also operates in North […]