Indomie Noodles opens first ‘Heroes’ store in Lagos to expand operations

NIGERIA - Indomie Noodles, instant noodle giant in Nigeria, has opened its first ‘Heroes’ store in Lagos as part of efforts to expand its business and strengthen its operations. According to the company, the store, located at Ikeja City Mall, will be a  touch point to the brand’s community by providing creative and exciting Indomitables heroes experiences…

Massmart chief executive Guy Hayward to step down

SOUTH AFRICA – Massmart, Walmart-owned South African retailer, has announced that Guy Hayward will step down from as the company’s chief executive officer by the end of the year after five years in the position. The retailer whose brands include Makro and Game, however did not give the exact timing of his exit but noted…

PepsiCo names winner of first North American Nutrition Greenhouse program

USA – PepsiCo has announced Hapi Drinks, an Austin, Texas-based company as the winner of its inaugural North American Nutrition Greenhouse program. Hapi drinks which makes sugar-free drinks for kids was named the recipient of US$100,000 grant among ten food companies which participated in the final round of the program All the ten diverse companies…

Muller invests in Milk & More delivery fleet to expand UK operations

UK – Dairy company, Muller has announced that it is set to invest in its milk delivery service, Milk & More by expanding its fleet of electric vehicles for more deliveries in the UK. The company said it is rolling out 160 new environmentally friendly electric delivery vehicles, taking its fleet to just over 500…

Nestle and Carrefour partner to offer full brand traceability using blockchain

FRANCE – Nestle and the French retail giant, Carrefour have partnered to use blockchain technology to offer full traceability of famous mashed potato brand, Mousline purée. Customers in France will be able to have full access to blockchain data for the product, enhancing transparency across the entire supply chain. Consumers can use their smartphone or…

Givaudan records a strong start to the year with 4.3% sales increase in flavors

SWITZERLAND – The Swiss flavors and fragrances company, Givaudan has recorded sales of US$1.52 million, a 6.3% increase compared to the previous year boosted by the flavors division. In the first three months of 2019, good growth was achieved across all product segments and geographies while the flavors division reported an increase of 4.3%. The…

Nestle launches new 100% plant-based burger in Europe, plans US debut

SWITZERLAND – The global food and beverage giant, Nestle has announced that it is launching a new 100% plant-based burger in Europe, with plans to roll out the same in the United States. From April, European consumers will be able to enjoy their favorite burger dubbed Garden Gourmet Incredible Burger, which will first debut in…

Retail giant Pick n Pay opens 55th store in Zimbabwe in expansion drive

ZIMBABWE – International retail giant Pick n Pay has opened a new branch in Zimbabwe as it continues to pursue ambitions of growing its footprint in the country by launching more stores. Located in Victoria Falls, officials disclosed that the branch raises the tally of outlets operated by TM Pick n Pay to 55 countrywide,…

Weetabix partners Kara to launch breakfast muffin range

UK – UK’s leading breakfast cereals manufacturer, Weetabix Food Company has joined forces with Finsbury Food Group’s arm, Kara to launch a new range of breakfast muffins in the market. The two new variants of breakfast muffins will be available in the UK in two offerings that is, apricot and oat, and apple and raisin.…

Corbion to buy specialty bakery ingredients firm Granotec do Brazil for US$45m

USA – Dutch multinational food ingredients company, Corbion has agreed to acquire Granotec do Brazil, a specialist in functional blends for the Brazilian bakery industry in a cash purchase deal estimated at US$45 million. The transaction which involves all shares of Granotec do Brazil will see Corbion expand its Latin American business as well as…