UK: Vestey Holdings acquires Cottage Delight
Vestey Holdings, a firm specialised in the sourcing, processing and distribution of chilled, ambient and frozen products, has acquired food manufacturer Cottage Delight via its subsidiary Fine Foods Group for an undisclosed amount. Cottage Delight started out as a fudge manufacturer and currently produces and sells around 700 different items including fudge, jams, chutneys, sauces […]
Netherlands: Heineken to launch beer under 0.0 name
Dutch brewer Heineken is set to launch a new alcohol-free beer called Heineken 0.0, according to a report in Het Parool. Described as a first for the Dutch market, Heineken 0.0 is due to be introduced first in the Netherlands in March of next year, before being rolled out to the rest of the world […]
Japan: Koikeya launches Koikeya Pride Potato
Japanese snack maker Koikeya has announced the launch of a new brand called Koikeya Pride Potato as part of a wider review of brand positioning. The new snack brand will be introducing to consumers in Japan from February 2017 with three different flavours: Hiden Noko Nori Shio (Secret Rich Nori Laver Salt), Matsutake Kaoru Kiwamidashi […]
Canada: Feihe International opens new facility in Ontario
Chinese infant formula manufacturer Feihe International has invested $225 million in a new manufacturing facility in Kingston, Ontario, Canada. Construction is set to commence in April next year and the plant is expected to be around 300,000 sq ft in size. The firm plans on distributing around 20% of the products made there within North […]
USA: Nestle to sell Nutrament brand to Harvest Hill
Harvest Hill , a majority-owned portfolio company of Brynwood Partners, has agreed to acquire the Nutrament brand from Nestle, according to a report in Food Business News. Through the acquisition, the Harvest Hill portfolio is set to expand into the functional drinks space. The firm’s line up already includes fruit drinks under the brands Little Hug, […]
Japan: Kellogg launches locally-flavoured Pringles
Global snack brand Pringles, owned by multinational food maker Kellogg, is set to see see the launch of a new product range in Japan featuring locally-themed flavours. The two flavours to be introduced are Karaage (Japanese Fried Chicken) and Takoyaki (a savoury ball typically filled with octopus). The former is described as having a juicy […]
USA: Amazon debuts Amazon Go concept
E-commerce Amazon giant has made its first concrete steps into bricks-and-mortar retailing with the opening of a new store in Seattle, WA, USA under the name Amazon Go. The concept allows customers to pick and choose their groceries from the store but, unlike a typical supermarket, dispenses with the traditional checkout procedure. Instead, the technology […]
India: ITC to build factory in Odisha
ITC, the Indian consumer goods giant, is set to expand its manufacturing operations with the opening of a consumer goods facility in Odisha (Orissa), according to a report in the Economic Times. The 700,000 sq ft plant, located in the Khordha district, will produce goods under brands such as Aashirvad (spices, dried ready meals and baking […]
USA: Coca-Cola opens bottling plant in Cambodia
Global beverage giant Coca-Cola has inaugurated a new bottling facility as part of its previously announced $100 million investment in Cambodia from 2015 to 2018. The plant was constructed for Cambodia Beverage Company, the bottling unit of The Coca-Cola Company Bottling Investments Group (BIG). Located in the capital Phnom Penh, the new “state of the […]
Netherlands: Wessanen acquires Biogran
Multinational food group Wessanen is set to acquire Biogran, described as the leading manufacturer and distributor of organic brands in Spain, from private-equity firm Nazca Capital for $67 million. The acquisition will aid Wessanen in expanding its reach and solidifying its hold over the organic food market around Europe, the firm said. Biogran produces food […]