Archives for July 4, 2013

Fonterra ‘contacted’ by Chinese authorities probing infant formula prices

Fonterra has been “contacted” by Chinese authorities investigating high infant formula pricing and suspected anti-monopoly law violation by manufacturers, including Nestlé and Danone, in the country.

Australia a spirit-based ‘RTD island’ in itself: Gruppo Campari

Gruppo Campari tells BeverageDaily.com that Australia is an historical heartland for spirit-based RTDs as it targets Asia Pacific growth by buying its first dedicated production facilities in the country.

Finance

VKL to get $40m investment to focus fully on Indian QSR supply

Private equity investor India Value Fund Advisors has revealed it will invest US$40m to finance the next phase of growth of a domestic food ingredients company – the latest in a line of QSR suppliers to catch the eye of buyout firms.