Beverages
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Mondelez asked to redesign, reformulate Bournvita in India over misleading information and high sugar content
INDIA – Mondelez International India, manufacturer of Bournvita, a chocolate health drink claiming to be enriched with Vitamin (D, B2, B9, and B12), has been…
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Carlsberg beats analysts’ forecast in Q1, revenue rises to US$2.4bn
DENMARK – Danish brewer Carlsberg has reported double-digit revenue growth, beating analysts’ expectations in the first quarter of 2023 after a strong post-Covid recovery in…
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Kirin Holding to strengthen its presence in health science domain with acquisition of Australian Blackmores Limited
AUSTRALIA – Japanese integrated beverages company, Kirin Holding, has decided to acquire 100% of the outstanding shares of an Australian-based company operating a natural health…
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Heineken completes its biggest acquisition in Africa, unveils Southern Africa’s subsidiary name
SOUTH AFRICA – Heineken has unveiled the name of its majority-owned Southern Africa unit, which combines Distell Group Holdings Limited (‘Distell’) and Namibia Breweries Limited…
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Nestlé launches Ice Roast for at home cold coffee consumption
CHINA – Swiss food and beverage manufacturer, Nestlé, has launched Ice Roast, the brand’s first-ever soluble coffee designed especially for consumption with cold water or…