Maharashtra government to start online sale and home delivery of liquor

INDIA - The state government of Maharashtra is planning to legalize online sale and delivery of liquor at home in the state, the first in the country that will see sale of alcohol on ecommerce platforms. Such a bold move represents the government’s effort to control drunk driving, Times of India reports. "The main objective…

Hindustan Unilever posts 19.5% rise in profit to US$207m in second quarter

INDIA - Mumbai based consumer goods company, Hindustan Unilever has reported a 19.51% increase in net profit to US$207.33 million on account of double-digit growth across categories in the second quarter. According to the company’s regulatory filings, sales during the quarter under review stood at US$1.24 billion against US$1.11 billion in the year-ago period, up…

Arla Foods Ingredients wins award for innovative infant formula development

UK – Arla Foods Ingredients (AFI), global leader in natural whey ingredients for products in a range of categories, has been recognized with the 2018 Global Product Leadership Award for developing an innovative infant formula ingredient, Lacprodan OPN-10. According to the company, this recognition was based on the recent analysis of the global infant nutrition…

Hearthside Food Solutions signs agreement to acquire Greencore USA

USA - Hearthside Food Solutions, a leading contract manufacturer, has announced the signing of a definitive agreement to acquire Greencore USA, a leader in frozen contract packaging and a top producer of refrigerated, fresh-made sandwiches, entrees, and salad kits. According to the company, the transaction marks a significant step in the further growth and development…

Müller Milk & Ingredients completes Dairy Crest integration, appoints new CFO

UK - Müller Milk & Ingredients (MMI) CEO Patrick Müller has confirmed completion of Britain’s largest ever dairy industry integration, set out his strategy for the future of the US$1.96 billion fresh milk, cream, butter and ingredients business, and confirmed a key executive board appointment. According to the company, Brian Watson has been appointed as…

Pernod Ricard owned Irish Distillers to invest US$197m in Ireland sites

IRELAND - Pernod Ricard-owned Irish Distillers, largest distiller of Irish whiskey, will invest over US$196.7 million at its sites in Cork and Dublin to meet a continued rise in demand for Irish whiskey. The company said it has added an additional mechanical vapour recompression evaporator, made by GEA Wiegand in Germany, to its Midleton distillery.…

SodaStream announces launch of 1,000 foot-long plastics collection device

ISRAEL - SodaStream International Ltd., an Israel-based manufacturing company, has announced the launch of the "Holy Turtle" - a massive ocean contraption designed to clean plastic waste from open waters. According to the company, the innovative device will be initially piloted in the Caribbean Sea, off the coast of Roatán, Honduras, as part of a…

Royal DSM officially opens a second Animal Nutrition & Health premix in India

INDIA - Royal DSM, a global science-based company active in nutrition, health and sustainable living, has officially opened its second Animal Nutrition & Health premix plant in Jadcherla, India. Accoding to the company, the opening follows years of detailed research and analysis of the Indian market, with the objective of serving the market with solutions that…

Delivery startup DailyNinja acquires WakeupBasket, eyes 20k daily orders in 6 months

INDIA - Daily milk and grocery delivery startup has acquired WakeupBasket in a cash and equity deal to help its expansion outside Bengaluru, targeting 20,000 daily orders in the next six months, reports Inc42. The Hyderabad based WakeupBasket was founded 2015 by Satendra Pratap along with Sai Varaprasad and it claims 2,500 daily orders in…

Ant Financial invests another US$210m in Indian food delivery firm Zomato

INDIA - Indian food delivery and restaurant service Zomato has raised US$210 million from Alibaba’s payment arm, Ant Financial as it strives for a bigger market share in the delivery space. According to the filings by Info Edge, Zomato’s parent company, the funding raises Zomato’s valuation from US$1.1 billion to around US$2 billion, giving Ant…