Russia: Roshen to cease production at Lipetsk facility
Roshen, a Ukraine-based manufacturer of chocolate products, has announced that it is ceasing production at its factory in Lipetsk, Russia “for economic and political reasons”, according to a report in Interfax Ukraine. “Full production stop and maintenance of industrial and infrastructure facilities are planned for April 2017”, the company is quoted as saying in a […]
UK: Nush launches almond milk yoghurt range
Nush, a US-based manufacturer of low-sugar cakes, is venturing into dairy-free desserts with the launch of a range of almond milk based yoghurts for the UK health market. Made with 95% almond milk, the yoghurts are described as dairy-free, soya-free and high in protein and come in four flavours: Natural, Blueberry, Peach Melba and Caramel […]
Egypt: Nestle signs agreement to buy Caravan Marketing
Food and drinks multinational Nestle has announced that it has signed an agreement to acquire Caravan Marketing, a leading Egyptian instant coffee firm. Established in 2003 as a marketing and distribution company, Caravan Marketing serves the Egyptian market with a range of soluble coffee products using its own factory, and is the owner of the Bonjorno […]
USA: Pernod Ricard launches Absolut Lime Vodka
Pernod Ricard, the global wine and spirits firm, is to launch a new Lime flavoured vodka under the Absolut brand, joining existing citrus flavours Citron and Mandarin. Like its citrus counterparts, new Absolut Lime features its own distinct flavor profile with a balance of full-bodied citrus flavour with a light finish, the company said. Nick […]
Australia: Mondelez International sells brands to Bega Cheese
Mondelez International, the global food giant, has announced that it has reached an agreement to sell most of its grocery brands in Australia and New Zealand to dairy firm Bega Cheese. The deal, which excludes the Philadelphia cream cheese business, is valued at A$460 million ($345 million). Included in the sale are brands such as […]
Spain: Ebro Foods expands in organic with Vegetalia buy
Spanish manufacturer Ebro Foods has announced that it is pushing further into the natural and organic space with the acquisition of the Italian food and drinks firm Vegetalia for €15 million ($16 million). Founded by Salvador Sala Druguet in 1986, Vegetalia is engaged in the preparation and distribution of a broad range of organic food products […]
USA: Shiseido to acquire custom foundation firm MatchCo
Shiseido, the Japanese cosmetics giant, has announced the acquisition of MatchCo, a US-based firm that creates custom foundation shades based on the customer’s individual skin tone, through its regional headquarters and consolidated subsidiary Shiseido Americas. The firm said that the synergy of MatchCo’s innovative digital tools and its own R&D capabilities would help to enhance a […]
Germany: Beiersdorf reports growth in 2016
Beiersdorf, the German health & beauty firm behind the Nivea brand, has announced that it has “continued on its sustainable, profitable growth path” in 2016, with preliminary annual results showing organic sales rising 3.2% on 2015. The growth was achieved in what the company described as “difficult political and economic conditions in some countries and […]
Italy: Emmi acquires Italian Fresh Foods
Swiss dairy firm Emmi has announced that it is buying dessert maker Italian Fresh Foods in a bid to “strengthen its position in the dessert segment and reinforce its expertise in an attractive niche market”. Based in Lasnigo, Como, Italy, Italian Fresh Foods is described as an international company which manufactures and markets high-quality Italian desserts. Since […]
Mexico: Ilis dairy brand launched by Sonora milk producers
Dairy producers in the state of Sonora, Mexico have joined forces to launch a line of products under the brand name Ilis via an investment of M$132 million ($6.1 million). According to El Financiero, the investment is part of an effort to support milk producers in the state, backed by the UGRS (Regional Livestock Union […]