India: Emami to acquire remaining stake in The Man Company for $72.8 million
FMCG major Emami has announced that it will acquire an additional 49.6% stake in men’s grooming brand The Man Company, taking full ownership for $72.8 million. The Man Company offers premium grooming essentials and fragrances including beard products, skincare and haircare products, deodorants, and perfumes, sold through e-commerce platforms and major retail chains. This acquisition […]
India: Royal Canin opens pet food packing plant in Maharashtra
Mars affiliate company, Royal Canin, has announced the opening of India’s first and Asia’s second-largest packaging plant for pet food products in Bhiwandi, Maharashtra, with an investment of R$100 crore ($13.5 million). The state-of-the-art packaging centre reportedly features an automatic packing machine and relevant utilities, facilitating the effective conversion of bulk goods into retail packs. […]
India: Nestle and Dr Reddy’s announce joint venture for nutraceutical brands
The Indian arm of consumer goods giant Nestle and Indian multinational pharmaceutical company Dr Reddy’s have formed a joint venture to offer new nutraceutical brands to consumers in India and other agreed territories. The joint venture will establish its headquarters in Hyderabad, and select brands will be licenced by both parties. Nestle Group will license […]
Australia: Vitality Brands acquires Essano
Australian company Vitality Brands has entered into an agreement to acquire Essano, a New Zealand-based beauty brand, for an undisclosed sum. This deal will bring opportunities to expand its portfolio of established brands including Essano, Cancer Council Sunscreen, Epzen, Dominate, Shockwaves and Tribe Skincare in global markets. “The partnership will propel Vitality Brands’ international growth […]
Philippines: Coca-Cola Europacific Partners acquires Coca-Cola Beverages Philippines
Coca-Cola Europacific Partners plc has announced that, together with Aboitiz Equity Ventures Inc., the companies have entered into a letter of intent to purchase Coca-Cola Beverages Philippines, Inc. According to a press release by Coca-Cola Europacific Partners, the two companies have agreed and signed a non-binding Term Sheet to purchase Coca-Cola Beverages Philippines for $1.8 […]
Australia: Kommunity Brew acquires Cool Cool Beverage Company
Kommunity Brew, a Western Australian functional beverage company, has acquired Melbourne’s Cool Cool Beverage Company (CCBC). The acquisition will add the Sips Sparkling and Liberty Kombucha brands to Kommunity Brew’s portfolio and opens up immediate export opportunities for the company via Sips Sparkling’s shelf-stable product range. “The integration of CCBC into our business is a […]
China: Geek Bar to build a new production facility in China
E-cigarette brand, known for its disposable vape devices, Geek Bar has made an investment of $146 million in a new production facility as part of its plans of growth in the UK. The facility will be built in the Zhuhai National Hi-Tech Industrial Development District in China’s Guangdong province, and according to sources, the assembly […]
India: Reliance Consumer Products to create joint venture with Sosyo
Reliance Consumer Products has announced the acquisition of 50% equity stake in carbonated soft drink company Sosyo Hajoori Beverages Private. Founded in 1923, Sosyo is a leading company in the soft drink market in India with brands such as Sosyo, Opener, Kashmira, Lemee, Hajoori Soda, Ginlim, Runner and S’eau with over 100 flavours launched in […]
India: Hindustan Unilever to invest in health & wellbeing category
Hindustan Unilever (HUL), a subsidiary of the multinational consumer goods giant Unilever, has entered the health & wellbeing category through strategic investments in Zywie Ventures Private Limited (OZiva) and Nutritionalab Private Limited (Wellbeing Nutrition). OZina is a plant-based and clean label consumer wellness brand focused on lifestyle protein, hair & beauty supplements and women’s health. […]
India: Barry Callebaut to build a new facility
Belgian-Swiss cocoa processor and chocolate manufacturer, Barry Callebaut, has announced the construction of its third chocolate and compound facility in India. The company opened its first facility in India in 2007 and since them Barry Callebaut has continuously invested in the Indian chocolate and cocoa market. Upon completion of the new chocolate factory, India will […]