The Carlsberg Group will receive a cash consideration as well as Baltika Breweries’ shareholdings in Carlsberg Azerbaijan and Carlsberg Kazakhstan The Carlsberg Group has agreed to a sale of its shares in Baltika Breweries. As part of the agreement, Baltika Breweries will transfer all its shareholdings in Carlsberg Azerbaijan and[Read More…]
Beverages
TreeHouse Foods acquires Harris Tea
The acquisition includes Harris Tea’s manufacturing facilities in Moorestown, NJ and Marietta, GA TreeHouse Foods announced that it has signed a definitive agreement to acquire certain subsidiaries that operate the private brand tea business of Harris Freeman & Co, Inc., a leading private brand tea manufacturer in the U.S., for[Read More…]
Carlsberg completes acquisition of remaining shares in Carlsberg South Asia
The total purchase price for the acquired shareholdings in CSAPL and GBPL amounts to $ 744 million, of which approximately $ 50 million will be settled through a set-off Carlsberg has completed its acquisition of the remaining 33.33 per cent shareholding in Carlsberg South Asia Pte Ltd (CSAPL) from CSAPL[Read More…]
EBRD supports expansion of Mongolia’s APU Dairy
As part of the project, APU Dairy will work to improve the climate change resilience of more than 1,700 local farmers who are supplying raw milk to the company The European Bank for Reconstruction and Development (EBRD) is supporting the development of Mongolia’s agribusiness sector, which employs almost one-third of the[Read More…]
Witsbb launches Elderberry Yeast β-glucan drink
The Elderberry Yeast β-glucan drink adheres to Witsbb’s pioneering “allergy-free” formula and is enhanced with a new generation of high-standard immune formulas Australia-based, Witsbb, a pioneer in “allergy-free” nutrition, has launched its latest product – the Elderberry Yeast β-glucan drink. As an immune-boosting nutritional product specifically developed for children aged 6[Read More…]
Oasis launches sugar-free energy drink
Oasis provides a unique alternative in the energy drink market, using natural ingredients like green coffee, Guayusa leaf, and Alpha GCP to fuel a limitless lifestyle Oasis introduces the latest innovation in natural energy drinks, designed to keep consumers energised and focused without the jitters of a dreaded post-caffeine slump. Oasis[Read More…]
HEINEKEN invests €45Mn in Global R&D centre in the Netherlands
Dr H.P. Heineken Centre opens mid-2025 HEINEKEN announces the construction of the new Dr H.P. Heineken Centre, a state-of-the-art Research & Development (R&D) Centre in Zoeterwoude, representing an investment of €45 million. The R&D Centre will focus on improving existing products and processes as well as developing new products. Opening[Read More…]
GURU Organic announces transition from distribution agreement with PepsiCo Canada
The termination occurred to the terms outlined in the agreement with PepsiCo Canada signed in June 2021 GURU Organic Energy Corp. Canada’s leading organic energy drink brand announced that its distribution agreement with The Pepsi Bottling Group (Canada), ULC, a subsidiary of PepsiCo (PepsiCo Canada), will conclude on May 22,[Read More…]
Coca-Cola Europacific Partners announces £42.3Mn investment in Wakefield
This funding aims to improve the site’s storage capabilities by constructing a new Automated Storage Retrieval System (ASRS) warehouse Coca-Cola Europacific Partners (CCEP), the world’s largest independent bottler of Coca-Cola, has announced plans for a £42.3 million investment in its manufacturing facility in Wakefield, West Yorkshire. This funding aims to[Read More…]
PepsiCo to acquire full ownership of Sabra and Obela
Enables PepsiCo to accelerate innovation in refrigerated fresh dips and spreads to meet growing consumer demand PepsiCo announced its agreement to acquire the remaining 50 per cent interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) and become the sole owner of these companies, which[Read More…]
