South Africa: Tiger Brands to sell Baby Wellbeing business
South African consumer goods firm Tiger Brands has announced the sale of its Baby Wellbeing business in a deal valued at 605 million ZAR ($33.4 million), according to a Reuters report. The Baby Wellbeing business comprises baby toiletries under the Elizabeth Anne’s brand name and medicinal products including antacid Muthi Wenyoni, Telament colic drops, and […]
India: SuperYou launches ‘India-first’ protein wafer bar
SuperYou, a protein food and supplements brand, has announced the launch of what it claims is India’s first protein wafer bar. The product reportedly employs fermented yeast protein technology to offer a nutritious snack that is free from added sugar and contains 10g of protein and 3g of fibre per bar. Flavours available include chocolate, […]
UK: Haleon to open £130 million in global oral health innovation centre
Haleon, a consumer healthcare firm, has announced an investment of £130 million ($169 million) to build an innovation centre in Weybridge, UK. The new facility will reportedly feature state-of-the-art, digitally enabled research laboratories and a dedicated consumer behaviour research facility, employing 450 staff. This new facility intends to support Haleon’s oral health portfolio, including brands […]
Tradeshow Look Ahead: Yannick Verry, Fi Europe 2024
Gama spoke to Yannick Verry, Brand Director, ahead of the latest edition of Fi Europe. What are your expectations for this year’s FI Europe? What features are there for consumers to look forward to? Fi Europe is gearing up for its biggest and best year ever. From 19th-21st November 2024, Messe Frankfurt will host the […]
Tradeshow Insight: InterTabac 2024
A record 800 exhibitors and 14,500 exhibitors packed the halls and corridors of the Messe Dortmund showgrounds in Germany across three days from 19th September, as Inter Tabac, the leading international trade event for the tobacco and nicotine industry, returned for its latest outing. Belying overall downward trends in conventional tobacco use, InterTabac embraced diversity […]
USA: Unilever invests in supplements business Create Wellness
Unilever Ventures, the venture capital arm of consumer goods giant Unilever, has led a $5 million funding round in US-based creatine supplement firm Create Wellness. Founded in 2022, Create Wellness makes supplement gummies that are claimed to improve strength and cognition and facilitate muscle recovery. The company reportedly plans to use the funding to increase […]
Tradeshow Look Ahead: Jeff Lenard, NACS Show 2024
Gama spoke to Jeff Lenard, NACS Vice President of Strategic Industry Initiatives, ahead of the latest edition of the NACS Show. What are your expectations for this edition of the NACS Show? What features are there for visitors to look forward to? The NACS Show is where retailers go to find the future of […]
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: Haleon to sell non-US nicotine replacement business to Dr Reddy’s
Haleon, a consumer healthcare firm, has announced it has entered into an agreement to sell its nicotine replacement therapy business outside of the US to Indian multinational pharmaceutical company Dr Reddy’s for £500 million ($633 million). The portfolio set to be acquired includes the brands Nicotinell, Nicabate, Habitrol, and Thrive, inclusive of all formats such […]
Japan: Kirin seeks full ownership of Fancl
Kirin, the leading Japanese drinks firm, has announced a ¥220 billion yen ($1.39 billion) tender offer to acquire the remaining shares in personal care firm Fancl, with the aim of making it a wholly-owned subsidiary. Kirin acquired around 33% of Fancl’s shares and established a capital and business alliance in 2019. “By commercializing ingredients created […]