Australia: Tribe Breweries acquires craft brewer Black Hops
Tribe Breweries, the Australian beverage producer, has acquired Gold Coast-based craft brewer Black Hops out of voluntary administration for an undisclosed sum. Founded in 2014 in Burleigh Heads, Black Hops entered voluntary administration in March 2024. Following an initial financial restructuring, it reportedly entered administration for a second time in July after an unsuccessful attempt […]
South Korea: Hite Jinro to close Iksan soju plant
Hite Jinro, the South Korean beverage manufacturer, is to cease operations at its soju production plant in Ma-dong, Iksan, North Jeolla Province, ending 69 years of operation. The company announced that it will suspend production at the facility starting 16th October, with manufacturing functions being consolidated into its existing plant in Jeonju. Production equipment and […]
Thailand: Nestle invests 157 million CHF to expand pet food production.
Nestlé, the Switzerland-based food and beverage group, is investing 157 million CHF ($176 million) to expand its pet food manufacturing facility in Rayong, Thailand. The investment will enable increased production of Purina pet food and treats, including brands such as Felix, Friskies, Pro Plan and Purina One, supporting both domestic and international markets. According to […]
India: Emami enters baby care market with BoroPlus FromMaa range
Emami, the Indian FMCG company, has entered the baby care category with the launch of a seven-product range under its flagship skincare brand BoroPlus, named BoroPlus FromMaa. Built around the brand proposition “With Love, From Maa”, the new range comprises a baby lotion, cream, soap, shampoo, massage oil, powder and diaper rash cream. The range […]
Mithun Appaiah, Chief Executive Officer
Wow! Momo Foods
Gama spoke to Mithun Appaiah, Chief Executive Officer at Wow! Momo Foods. How did you adapt the Wow! Momo restaurant experience for retail shelves and home kitchens? The biggest challenge was taking a product consumers were used to enjoying fresh at a restaurant and making that experience work at home. We therefore looked beyond […]
Thailand: Charoen Pokphand Foods acquires 51% stake in Brew Factory
Charoen Pokphand Foods (CPF), the Thai food group, is expanding into bottled water through its subsidiary CPF Food and Beverage Company Limited (CPFFB) by acquiring a 51% stake in local producer Brew Factory Company for 334.7 million THB ($10.14 million). In a filing to the Stock Exchange of Thailand, CPF stated that the deal was […]
Australia: PAG agrees to sell majority stake in Cordina Group to OSI
PAG, the alternative investment firm, has signed an agreement to sell its majority stake in Cordina Group as part of a merger with TUROSI, the Australian operations of global food group OSI. The transaction will combine Cordina Group, a poultry producer founded over 80 years ago in Girraween, New South Wales, with TUROSI to form […]
India: Happy Cultures launches Dubai Kunafa protein supplement
Happy Cultures, the Indian health and wellness company, has launched Dubai Kunafa Yeast Protein, introducing the viral flavour profile into the protein supplement segment. Priced at an RRP of Rs 2,199 ($25.32), the product reportedly combines yeast protein with real pistachios. Each serving provides 24g of yeast protein and is described as featuring a PDCAAS […]
Malaysia: Allied Blenders and Distillers enters local whisky production
Allied Blenders and Distillers (ABD), the Indian spirits company, has entered Malaysia through an asset-light co-bottling partnership to manufacture and distribute its Officer’s Choice Blue whisky locally. The agreement marks ABD’s first overseas local production partnership and is designed to facilitate market entry with limited capital outlay. Under the arrangement, ABD will collaborate with an […]
India: Swara Baby Products plans manufacturing facility
Swara Baby Products, the Indian hygiene products manufacturer, plans to invest 558.47 crore INR ($66.7 million) to establish a new manufacturing facility at Pithampur in Dhar, Madhya Pradesh. The proposed facility will add an annual capacity of 1,464 million baby diapers, 252 million adult diapers and 192 million sanitary napkins. Following the expansion, the company’s […]