Domino’s Pizza partners with Cold Stone Creamery to launch a ‘cultural’ ice cream flavour in Nigeria

NIGERIA - The Pizza giant Domino’s in partnership with the US ice cream parlor chain, Cold Stone Creamery has launched a new ice cream flavor called Baby Cakes alongside a squad meal that matches family lifestyles in Nigeria. To promote a cultural upbeat among consumers, the two are also collaborating with Biola Alabi Media to produce…

Walmart looking to appoint foreign executives as CFO after it completes Flipkart acquisition

INDIA - Walmart Inc., the world’s largest retailer is looking to appoint foreign executives as Chief Financial Officer (CFO), legal counsel and compliance officer at Bengaluru-based Flipkart once it completes the acquisition transaction. Revealing sources familiar with the matter, ET Retail has reported that Walmart may consider hiring from its Asda unit in the UK,…

Cambridge Commodities acquires ingredient business of Earth Circle Organics

USA - Cambridge Commodities, the UK based ingredient supplier has acquired the ingredient business of the American importer and distributor of raw and organic food, Earth Circle Organics LLC. The deal will see Earth Circle Organics’ raw and organic superfood ingredient business merge with the US arm of Cambridge Commodities to form a new division,…

GEA partners with Almarai Company to build a modern dairy factory in Saudi Arabia

SAUDI ARABIA – GEA, one of the largest suppliers of technology for the food processing industry, has worked with Almarai Company in Saudi Arabia to build the nation’s largest and most modern dairy processing facility. Almarai Company is the the largest dairy company in Saudi Arabia by market value. The new plant at Al Kharj…

Intersnack Group susbsidiary KP Snacks buys snacks company Popchips Ltd

EUROPE - Intersnack Group subsidiary KP Snacks, a British producer of branded and own-label maize, potato and nut-based snacks, has bought Popchips Ltd, which owns and operates the Popchips brand in Europe. Popchips Ltd is a subsidiary of parent company Popchips Inc, a brand of processed potato and corn products, which will continue to own…

Lesaffre acquires bakery ingredients company Delavau Food Partners

USA - Lesaffre, a French yeast manufacturer and the world’s largest manufacturer, has announced that it has purchased Delavau Food Partners a leading innovator in baking ingredients based in North America. According to the company, Delavau has served as a premier supplier of technologies to major food brands, with knowledge in calcium and enzymes is…

Walmart plans to exit Japan with sale of its supermarket chain Seiyu

JAPAN- The US multinational retailer Walmart Inc. is looking to exit the Japanese market with the sale of its supermarket chain Seiyu for between US$2.7 billion and US$4.5 billion, Nikkei business daily reported without citing source of information. The move comes in the middle of persistent deflation, competition and rising ecommerce from online retailers such…

Everfoods to acquire India’s leading brand of fresh baked cookies Cookie Man

INDIA - The packaged foods company, Everfoods has entered into a definitive agreement to acquire a leading brand of fresh baked cookies, Cookie Man from Australian Foods (I) Pvt. Ltd, reported ET Retail. While the amount of the transaction was not known, the acquisition expands Everfoods portfolio, adding a brand of fresh baked cookies in…

FIJI Water discontinues distribution partnership with Keurig Dr Pepper

USA - FIJI Water, America's No. 1 premium imported bottled water, has announced that it has discontinued its distribution partnership with Keurig Dr Pepper, and will directly handle more of its own product delivery. According to the company, this new distribution model will ensure a focused, superior experience for retailers and consumers. FIJI Water said it…

Sensient Technologies acquires Mazza Innovation Limited

USA - Sensient Technologies, a global colors, flavors, and fragrances company, has announced that it has acquired Vancouver based Mazza Innovation Limited, a global leader in botanical extraction technology, for an undisclosed amount. According to Reuters, this addition of Mazza Innovation is a major step in the evolution of Sensient’s ‘seed to shelf’ strategy to innovate…