WORLD NEWS
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Tata Consumer Products achieves full ownership of Smart Foods, announces ambitious expansion for Starbucks
INDIA – Tata Consumer Products has signed a definitive agreement to acquire 100 per cent equity shares of Tata SmartFoodz Limited (TSFL), from Tata Industries for a cash…
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Tuber Group expands presence in UK frozen fresh produce market with acquisition of Saxon Foods
UK – Fresh produce supplier Tuber Group has acquired Saxon Foods from the Abbeydale Food Group for an undisclosed sum. Saxon, headquartered in Lincolnshire, supplies…
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Kirin subsidiary expands US presence with acquisition of Bell’s Brewing
USA – Lion, a subsidiary of Japanese beverage giant Kirin, has agreed to acquire Bell’s Brewery in an effort to expand its presence in the…
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Indian dairy industry to expand by 11% in 2022 driven by increasing per capita consumption
INDIA – The dairy industry in India is expected to grow by 9-11 percent in the 2021-22 financial year, driven by increasing per capita consumption…
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Coca-Cola names WPP as global marketing partner in a US$4B deal that got rival PepsiCo jittery
USA – American multinational beverages company, Coca-Cola has named WPP as its global marketing network partner in a deal valued at US$4 billion. WPP, the…