Brazil: Pepsico in negotiations to acquire Vigor – reports
Food and soft drinks giant PepsiCo has reportedly opened negotiations to acquire Vigor, a Brazilian dairy company owned by J&F group. According to Valor, PepsiCo has made two proposals to acquire the dairy company but up to this moment there was no consensus on the value of the transaction. The last value offered was reportedly […]
India: PepsiCo to launch Quaker Nutri Food
PepsiCo, the global snacks and soft drinks giant, is expanding its breakfast foods portfolio in India with the launch of Quaker Nutri Food. The new launches are described as familiar breakfast foods called Dosa (a type of pancake), Upma (a porridge made from semolina and rice flour) and Khichdi (a rice and lentil dish), said to […]
USA: PepsiCo introduces “next generation” soft drinks
Food and drink giant PepsiCo is introducing two new “healthier” alternatives to soft drinks called IZZE Fusions and Lemon Lemon, reportedly to target generation Z. IZZE Fusions and Lemon Lemon aim to appeal to younger consumers by containing fewer calories, less sugar, and no artificial sweeteners or flavours. “The consumer is getting more sophisticate”, said […]
USA: PepsiCo reports results in 2016
PepsiCo, the global snacks and soft drinks giant, has announced its results for the fourth quarter and full-year 2016, with an increase in annual revenue rose of 5% to $19.52 billion. By region, in North America the Frito-Lay group rose 3% while the beverage unit saw organic growth of 2%. In Latin America, organic growth in […]
UK: Major firms vying to acquire Weetabix – reports
A number of leading firms in the global breakfast foods market are eying up British cereal maker Weetabix, according to a report in The Telegraph. Oriental FMCG giant Bright Foods bought a majority stake in Weetabix in 2012, but so far the UK’s second biggest cereal brand has failed to conquer the Chinese market, the […]
USA: PepsiCo launches LIFEWTR brand
Food and soft drinks giant PepsiCo has announced the launch of a new bottled water brand called LIFEWTR that is slated for release across the USA in February 2017. Reportedly a response to rival Coca-Cola’s Glaceau SmartWater brand, LIFEWTR is described as purified water with balanced pH and added electrolytes. Product packaging – 700ml and […]
USA: PepsiCo interested in acquiring KeVita – reports
PepsiCo, the global soft drinks and snacks firm, is showing interest in making a deal to acquire US probiotics drinks firm KeVita, according to a report in Reuters quoting “people familiar with the matter”. Any deal would reportedly be through PepsiCo’s Naked Emerging Brands venture, the objective of which is described as expanding the company’s […]
USA: Pepsico launches Tropicana Essentials Probiotics
PepsiCo, the US food and drinks firm, is expanding its Tropicana fruit juice range with the launch of “a 100% juice with one billion live and active cultures per serving”. Described as combining the goodness of 100% juice with the functional benefit of probiotics, Tropicana Essentials Probiotics is said to contain more than the recommended […]
Australia: PepsiCo offers Gatorade Liquid Concentrate
PepsiCo, the global snacks and soft drinks giant, has launched a new concentrated form of its Gatorade sports drink for consumers in Australia and New Zealand. The product, which is available in Blue Bolt and Lemon Lime flavours, will come in a 1 litre container that will reportedly enable consumers to make 5 litres of […]
Australia: PepsiCo and Pizza Hut partner on new Doritos snack flavour
From 12th July 2016, consumers in Australia will be able to purchase a new flavour variety of Doritos tortilla chips called Meatlovers BBQ. The flavour was developed in partnership with pizza restaurant chain Pizza Hut. The two firms had previously worked together in 2014, when a Doritos-stuffed pizza crust was released in Pizza Hut restaurants. […]