Nestlé to acquire Egyptian instant coffee company Caravan
Nestlé is to acquire Caravan Marketing Company SAE, the Egyptian instant coffee company behind the Bonjorno brand, eyeing up the ‘rapidly growing’ soluble coffee segment in the country.
Archives for January 17, 2017
Nestlé Lanka starts work on new facility
Nestlé has laid the foundation stone of a new manufacturing facility at its factory in Pannala, Kurunegala, Sri Lanka.
Indian colours giant Roha continues expansion into Europe
Roha has acquired the Italian flavour manufacturing group Essential.
South Asia radius
Fat tax on the cards for next month’s Budget
Budget watchers are predicting an increase to taxes on fast food and sugary drinks on February 1 after senior ministers put pressure on the prime minister to introduce a health levy.
Sustainability group seeks to mobilise Asian shrimp industry
New protocols aim to reform shrimp aquaculture, address feed ingredient use, says consultant.
McDonald’s divests most of its Chinese operation
McDonald’s will sell 80% of its mainland China and Hong Kong businesses for US$1.7bn to a Chinese state-owned conglomerate and an American private equity firm.
HIV: Patients reveal the therapeutic foods and supplements they want
Ready-to-eat therapeutic foods designed to boost the nutritional status of people with HIV in Thailand should contain clear health claims, be manufactured in a soft, or liquid form, and be easy to carry, a study conducted by the World Food Programme has...
Danone’s Aptamil launched in India as part of nutrition and revenue growth plans
Aptamil, one of Danone’s infant formula brands sold in 45 countries, has been launched in India, with the company saying it plans to produce local supply at the company’s Lalru, Punjab facility.
Expansion of Japanese beef bowl chains to drive Chinese meat consumption
Two of Japan’s biggest conglomerates are planning huge expansion of their ‘beef bowl’ fast food chains across China in order to compensate for low growth in a saturated Japanese marketplace.