USA: Revlon to acquire Elizabeth Arden in $870 million deal
US-based cosmetics firm Revlon has announced that it has signed a definitive agreement to acquire all of the outstanding shares of Elizabeth Arden for $14.00 per share in cash, representing an approximate enterprise value for Elizabeth Arden of $870 million. By bringing together two “highly complementary, iconic brand portfolios”, Revlon said it would benefit from greater scale, […]
Germany: Wawi acquires controlling stake in MKM
Wawi, the German confectionery firm, has a acquired a controlling stake in fellow chocolate manufacturer MKM, which owns the Momami brand. From 1st July Wawi will have a 65% stake in MKM, acquiring shares both from founder Michael Kühlwein and the Peer Swan Group. MKM is specialised in a range of products that include bars, nut-based […]
Russia: Fazer signs agreement for new bakery plant
Fazer, the Finland-based confectionery and bakery firm, has announced the signing of a statement of intent as a basis for strategic cooperation in building a new production plant for the firm in Russia. The company said it was considering building a new and modern plant to produce frozen bakery goods, with potential expansion into fresh bakery products. […]
Portugal: Online store to sell ‘out of date’ products
A new online supermarket has been launched in Portugal specialising in goods that are close to, or in some cases beyond, their expiry date. Named GoodAfter, the new e-retailer is “dedicated to selling products close to or beyond their ‘best before’ date, and end of line stock”. According to the store website, new promotions are offered […]
Germany: Popp to acquire majority stake in Kappa Antipasti
Popp Food Group, the German manufacturer of savoury spreads and salads, is set to acquire a majority stake in the Mediterranean foods specialist Kappa Antipasti, according to a report in Lebensmittel Praxis. Based in Butzbach, Hessen, Kappa is one of the largest German producers of antipasti products including stuffed aubergines, peppers and olives, as well as […]
France: Lactalis to sell Lauki and acquire Graindorge
French dairy group Lactalis has announced the sale of its Lauki business in Spain and the acquisition of French cheese producer Graindorge. According to an article in Revista Inforetail, the company expects negotiations on the Lauki business to start by 20th June 2016 and, thereafter, contacts with potential buyers to be made. On top of […]
USA: Tickle Water launches sparkling waters for children
New York, US based Tickle Water has introduced a new line of bottled water products that is promoted as “the first unsweetened sparkler in the market for kids”. Tickle Water Sparkling Water For Kids is advertised as being naturally flavoured and certified OU kosher, as well as free from “hidden ingredients” including preservatives, sodium, GMOs, […]
Alberto García Romero, Marketing Manager
Dulcesol
Gama spoke to Alberto García Romero, Marketing Manager, Dulcesol. What should manufacturers do to be successful in the current economic climate? The current economic situation is changing but the recession was so strong that it altered a number of different parameters in our main markets. The price-quality relation is one of our main strengths and consumption […]
Japan: Asahi and Calpis brands in drinks collaboration
Asahi, the Japanese drinks firm, is to launch a second edition of its Oishi Mizu Plus (Tasty Water Plus) line in collaboration with Calpis, a brand it acquired in 2012. The new bottled water features the same lactic acid bacteria used in Calpis dairy drinks, which is claimed to offer natural sweetness and obviate the […]
Brazil: Danone Early Life Nutrition opens factory
Danone Early Life Nutrition, the infant nutrition division of Danone Group and the producer of baby milk and dairy compound formulas, has announced the opening of a new factory in Pocos de Caldas, Minas Gerais. Danone said that the unit, which is the firm’s eighth in Brazil and the first in its category, would allow […]