CANADA - Canada has become the second country after Uruguay to fully legalize use of cannabis for recreational purposes, presenting the food and beverage industry a pool of opportunities to explore. The move fulfils a long-time manifesto promise of Liberal prime minister Justin Trudeau. The C-45 Bill, passed in the Canadian senate, grants regional provinces…
CHINA - Tetra Pak, the multinational food manufacturing and packaging company, has announced that it has helped Yili, a leading Chinese dairy manufacturer, to produce the world’s first drinking yoghurt with large fruit and cereal pieces. According to the company, Yili launched the breakthrough product in Tetra Top 200ml with large re-sealable screw caps,…
USA - All Market Inc. (AMI), the parent company of coconut water maker Vita Coco, today announced the acquisition of Runa, an organic energy drink brand made with the guayusa leaf. Runa, founded in 2009 by college buddies Tyler Gage and Dan MacCombie, produces eight-SKU line of energy drinks made from organic guayusa, a naturally…
ETHIOPIA - Malteries Soufflet, the malting division of the French family-owned business Soufflet Group plans to build US$50 million malt processing plant in Bole Lemi Industrial Park, Ethiopia. The plant, sitting on a 10,000sqm site will have a capacity of 60,000tn of malt a year, according to an article by the Fortune. The malting factory…
ETHIOPIA - The Food, Medicine Authority of Ethiopia considers decentralizing after the government revealed plans to re-establish the federal authority with a focus on product regulations, leaving services to other agencies, reported the Fortune. With the new bill awaiting approval and endorsement by parliament, the country seeks to restructure the Food, Medicine & Health Care…
TANZANIA - Alcoholic beverages manufacturers of Tanzania have expressed their confidence in the proposal to introduce electronic tax stamps set to replace the paper stamps currently used, reported the Citizen. The manufacturers said they were embraced with the government's 2018/19 budget which gave provision to stop illegal production of liquors or those that could reach…
GHANA - The Cola-Cola Bottling Company of Ghana (TCCBCG) has been named the “Bottling Company of the Year” and the “Beverage Manufacturing Company of the Year (non-alcoholic)” at the Ghana Manufacturing Awards held in Accra on May 24. It recommends the Coca-Cola bottler for achieving sustainable growth, becoming once again, the best beverage company in…
INDIA - Coca-Cola is launching Rani Float, its acquired juice brand in India to compete against rivals such as PepsiCo’s Tropicana, Dabur’s Real and Parle Agro’s Frooti, reported ET Retail. Rani Float is one of the brands belonging Aujan Industries’ beverage business in which Coca-Cola has a 50% equity stake. Rani Float has real fruit…
UK - Coca-Cola, the world’s soft drinks and beverage company, has made considerations to acquire malted drink brand Horlicks from UK pharmaceuticals company GlaxoSmithKline (GSK), according to the Sunday Telegraph. It is understood both companies have held talks about a deal after GSK announced in March that it would carry out a review of the…
UK - Heineken, the world’s second largest brewer, has announced plans to pour US$58.25 million into the UK’s struggling pubs to fund fund 140 projects and upgrades. According to the company, its British arm will invest the money into around 500 of the 2,900 pubs owned by its Star Pubs & Bars unit, with the…
