UK: Sainsbury’s rolls out bicycle delivery service
Sainsbury’s, the UK supermarket chain, has rolled out what it describes as a on-demand, one hour delivery service app called Chop Chop, with goods delivered by bicycle. The Chop Chop app was initially made available to the Wandsworth area in London for a trial period, but now the retailer is looking to expand the service […]
India: Creamline Dairy Products invests in new plant
Creamline Dairy Products, a subsidiary of Godrej Agrovet (part of the Godrej group) and a dairy player in southern India, is investing 30 million crore ($4.5 million) to set up a new plant in Visakhapatnam, Andhra Pradesh, India to increase dairy production, according to a report in the Business Standard. The company currently owns seven […]
USA: PepsiCo interested in acquiring KeVita – reports
PepsiCo, the global soft drinks and snacks firm, is showing interest in making a deal to acquire US probiotics drinks firm KeVita, according to a report in Reuters quoting “people familiar with the matter”. Any deal would reportedly be through PepsiCo’s Naked Emerging Brands venture, the objective of which is described as expanding the company’s […]
Canada: Constellation Brands Canada acquired by Ontario Teachers’ Pension Plan
The Canadian wine business of US-based international beer, wine and spirits producer and distributor Constellation Brands is to be acquired by institutional investor Ontario Teachers’ Pension Plan for approximately C$1.03 billion ($782.5 million). Operating in the US, Canada, Mexico, New Zealand and Italy, Constellation Brands is described as the market leader in Canada with almost […]
Brazil: General Mills launches Yoki hamburger and pizza popcorn
The Brazilian division of General Mills is expanding its Yoki line of microwaveable popcorn in Brazil with a new line that includes the unusual flavours of hamburger and pizza, according to a report in Giro News. The new line features images from the Warner Bros’ film Justice League used under licence, and comes in a […]
Japan: Kirin buys minority stake in Brooklyn Brewery
Kirin, the Japanese brewery firm, has announced that it has bought a minority share of 24.5% in the US based Brooklyn Brewery as a first step towards a business partnership between both companies. Under the partnership, Kirin said it planned to further energize the craft beer market in Japan and Brazil while supporting the growth […]
Malaysia: Gruma inaugurates new plant
Gruma, a Mexican manufacturer of corn flour, tortilla, flatbread and pizza base products, has opened a new plant in Kuala Lumpur, Malaysia. According to Gruma’s president and CEO Juan Moreno, the investment of $55 million represents a “solid step” towards “consolidating our global presence and strengthening our position as the world leader in the production […]
Brazil: Kellogg to acquire Parati
Kellogg, the US-based cereal and snack firm, has announced that it has reached an agreement to acquire Ritmo Investimentos, the controlling shareholder of Brazilian company Parati Group, which manufactures biscuits, powdered beverage & pasta brands. According to the company, the acquisition is the company’s largest in Latin America to date and a step in the […]
France: Remy Cointreau and Bols sign Passoa joint venture
Remy Cointreau, the global wine and spirits firm, has joined forces with Dutch spirits business Bols to develop the Passoa brand internationally, the two companies have announced. The new joint venture will operate and further develop the global activities of the Passoa brand, Remy Cointreau and Bols said, with the former contributing the full Passoa activities, including […]
USA: Campbell Soup launches Garden Fresh Gourmet fresh soups
Cambell Soup, the US consumer goods firm, is launching a new range of soups under its recently acquired Garden Fresh Gourmet brand. The refrigerated soups come in the varieties Chicken Noodle with Kale, Chicken Tortilla with Roasted Chillies, Broccoli Cheddar with Parmesan and Tomato with Parmesan. The launch of the new soup line marks an […]