Japan: Equity fund KKR to acquire Ci Flavors
Funds managed by US private equity firm KKR have signed definitive agreements to acquire Japanese beauty and lifestyle brand platform Ci Flavors from existing shareholders, including founder Yusaku Horiuchi and private equity firm L Catterton. Horiuchi and Ci Flavors representative director and CEO Yoshiaki Okura will both invest alongside KKR in the transaction. Established in […]
India: Khetika to invest 100 crore INR in spice business
Khetika, the Indian clean-food producer, plans to invest up to 100 crore INR ($12 million) over the next three years to expand its spice division. The investment includes an initial 10 crore INR ($1.2 million) invested in a 15,000 sq ft pesticide-free manufacturing and laboratory facility in Unjha, Gujarat, with a capacity of 500 tonnes. […]
India: Wipro Consumer Care acquires majority stake in Dermatouch
Wipro Consumer Care & Lighting, the Indian consumer goods company, has acquired a 60% stake in science-backed skincare brand Dermatouch for an enterprise value of 387.5 crore INR ($46 million). The remaining 40% will be acquired over the next three years, with the residual transaction linked to Dermatouch’s performance. Founders Anish Nagpal and Amit Purswani, […]
India: ACPL to expand domestic frozen food capability
Allana Consumer Products Ltd (ACPL), the Indian processed food and agri-commodities manufacturer, is strengthening its domestic frozen food business to address rising demand across households and the hotels, restaurants and cafes (HoReCa) segment. According to a report in The Hindu, the company is building a portfolio that includes frozen French fries, green peas, cut vegetables, […]
South Korea: Ocado and Lotte Shopping launch automated fulfilment centre
Ocado, the UK-based e-commerce technology company, and Lotte Shopping, the South Korean retail operator, have launched their first automated customer fulfilment centre (CFC) in Busan, South Korea. Following a partnership formed in 2022 and initial order fulfilment using Ocado’s in-store software in 2025, the new automated site will serve a catchment covering 4 million households […]
India: Nykaa acquires stake in D2C skincare brand Aminu
Indian beauty retailer Nykaa, via its parent company FSN E-Commerce Ventures, has approved the purchase of a 51% majority stake in direct-to-consumer skincare brand Aminu for a cash consideration of up to Rs 32 crore ($3.8 million). The transaction, structured on a fully diluted basis, is expected to complete by 15th September, with Nykaa planning […]
India: ITC Foods launches B Natural coconut cola
ITC Foods, the Indian consumer goods company, has launched B Natural Coconut Cola, a fusion drink that pairs the hydration of coconut water with the taste and fizz of cola. Designed for conscious consumers, the product represents an entirely new beverage category in India, according to the company. The beverage formulation contains zero caffeine, zero […]
India: Atelier Expressions to acquire majority stake in Khoya
Atelier Expressions, the Singapore-based premium lifestyle platform of Indian conglomerate TVS VENU, has entered into an agreement to acquire a majority stake in Lonestar Hospitality Private Limited (Khoya), a luxury handcrafted mithai brand based in New Delhi, India. The transaction, which is subject to customary closing conditions, is expected to complete at the end of […]
Thailand: Nestle to build coffee facility for Nescafe brand
Nestle, the Swiss food and beverage giant, has announced an investment of 23 billion THB ($688 million) to construct a new Nescafe manufacturing facility in Thailand’s Samut Prakan province. The high-tech factory, which is scheduled to begin operations in the latter part of 2028, will produce a broad range of Nescafe products, including soluble coffee, coffee mixes, […]
India: Varun Beverages to acquire Devyani dairy, beverage business
VBL Industries (Kenya) Limited (VBL Kenya), a wholly-owned subsidiary of Indian beverage producer Varun Beverages, has entered into a Business Transfer Agreement to acquire the value-added dairy beverages, juices and packaged drinking water business of Devyani Food Industries (Kenya) Limited (DFIL Kenya), an RJ Corp subsidiary Under the terms of the agreement, VBL Kenya will […]