India: The Magnum Ice Cream Company opens new R&D centre
The Magnum Ice Cream Company (TMICC), the world’s leading ice cream business, has opened its new Research, Design & Innovation (RD&I) centre in Bengaluru, India. Spanning 13,000 sq ft, the “future-ready” facility houses a state-of-the-art laboratory and a digitally enabled pilot plant. The new facility is located in Whitefield, Bengaluru, which is recognised as India’s […]
Malaysia: Umios to acquire Pet World International
Umios, the Japan-based food production and distribution company, has announced that its board of directors has resolved to acquire a 51% equity stake in Malaysian pet care holding company Pet World International (PWI). The transaction, valued at approximately ¥11,400 million ($71 million), will be executed through a newly established holding company. Following the acquisition, PWI […]
India: Honasa Consumer to acquire 58% stake in Fluence Pharma
Honasa Consumer, the company behind the Mamaearth personal care brand, has agreed to acquire a 58% stake in nutraceuticals business Fluence Pharma for an enterprise valuation of around 135 crore INR ($14.2 million). The move marks Honasa Consumer’s entry into the vitamins and dietary supplements space. Under the terms of the deal, which will be […]
Australia: Danone to acquire MADE Group
Danone, the French dairy and drinks multinational, has entered into two definitive agreements to expand its presence in the Asia-Pacific (APAC) region. The company has agreed to fully acquire MADE Group, a fast-growing Australia-based nutrition company, and will also purchase the remaining 49% stake in its existing fresh dairy joint venture with Saputo Dairy Australia. […]
India: L’Oreal to acquire majority stake in Innovist
L’Oreal, the world’s leading beauty player, has signed an agreement to acquire a majority stake in Innovist, a digital-first personal care house of brands in India. Founded in 2019, Innovist is a science-led company behind skincare and hair care brands such as Bare Anatomy and Chemist at Play. Under the agreement, Innovist’s founding team will […]
Japan: Coca-Cola to launch “beanless” RTD coffee substitute
Coca-Cola, the soft drinks multinational is introducing a “beanless” coffee substitute in Japan this September under its Georgia ready-to-drink label. The product, which will be named Cafe Water, represents the enterprise’s first product of its kind anywhere in the world and enters the market as a chilled, canned beverage. The launch addresses long-term agricultural sustainability […]
Japan: Itoham Yonekyu to acquire New Zealand’s Greenlea Group
Itoham Yonekyu, the Japanese conglomerate, has entered into an agreement to purchase 100% of the shares in Greenlea Group via its subsidiary Anzco Foods, the Christchurch-based meat processor and exporter. Anzco Foods is already one of New Zealand’s largest beef and lamb exporters, with an annual turnover of $2.2 billion ($1.33 billion) and nearly 3,000 […]
India: Asahi partners with Varun Beverages for Calpis debut
Asahi, the Japanese food and beverage company, has announced a business alliance agreement with India-based non-alcohol beverage manufacturer Varun Beverages to introduce its Calpis brand into the Indian market. Starting in the second half of 2026 or thereafter, a ready-to-drink, non-alcohol and non-carbonated dairy-based product under the Calpis name will be launched in India with […]
Australia: Mondelez upgrades confectionery factory
Mondelez, the confectionery giant, has made an A$8 million ($5.9 million) investment in new packaging technology in Australia at its Scoresby facility in Melbourne’s east. The investment marks the plant’s 50th year of operations and is part of a broader A$30 million ($22.3 million) commitment to the site since 2022. According to the company, the […]
Australia: Asahi Beverages to open distribution centre
Asahi, the beverage manufacturer, is to receive a new 48,500 sq m distribution facility developed by Goodman, the property group, at Redbank Motorway Estate in Queensland, Australia. The facility will support the company’s supply chain transformation by utilising advanced technology, including a high-speed shuttle system and robotics. According to the company, this will allow customers […]