Nigerian Breweries announces resignations and new appointments to its Board

NIGERIA - Nigerian Breweries Plc, a subsidiary of the Dutch brewing company Heineken N.V has announced three resignations and appointment of two new directors to its board. Resignations from the board include those of Mark Rutten, the company’s Finance Director; Hendrik A. Wymenga, Supply Chain Director effective date 27 July 2018; and Franco Maria Maggi…

Unilever Tea announces voluntary early retirement at its Kericho tea plantations

KENYA - Unilever Tea Kenya (UTK), a subsidiary of the British consumer goods giant Unilever Plc has announced a Voluntary Early Retirement scheme to cut on the number of staff at the Kericho-based tea plantations, Business Daily has reported. Unilever East Africa Corporate Affairs Director, Joseph Sunday the planned reorganisation was part of routine business…

Heineken to acquire 40% of China Resources Beer company for US$3.1b

NETHERLANDS - Heineken, a Dutch brewing company, has struck a US$3.1 billion partnership with a company that controls China's largest brewer, China Resources Beer, for a 40% stake as they seek to tap a growing thirst for premium brands in the world's biggest beer market. According to the company, the partnership will give it a…

Pepsico to invest US$100m in China factory to expand production and growth

CHINA – PepsiCo, an American multinational food, snack, and beverage corporation, has made plans to invest US$100 million to expand and renovate a food factory in Shanghai, China. According to FoodBev, the company said it will add a new production line and introduce advanced packaging and warehousing technology at the Songjiang plant. The investment will…

UAE issues new labeling and licence regulations for dairy and beverages

ASIA- The United Arab Emirates (UAE) cabinet has issued regulations for the dairy, beverages and juice categories, requiring licencing of companies as well as proper labeling of the products to ensure conformity to standards. The two regulations cover the UAE regulatory system for the monitoring of milk and dairy products, and on the monitoring of…

Molson Coors partners with Canadian cannabis producer, The Hydropothecary Corporation

CANADA - Molson Coors Brewing Co., a multinational brewing company, has partnered with Canadian cannabis producer The Hydropothecary Corporation, to enter into a deal that will develop cannabis-infused beverages in Canada. According to the company, it is teaming with Canadian cannabis producer, The Hydropothecary Corporation (HEXO), to create a joint partnership "to pursue opportunities to…

Starbucks to form a strategic retail partnership with Alibaba

CHINA - Starbucks Coffee Company, a multinational coffee company, and Alibaba Group Holding Ltd., a Chinese multinational e-commerce company, have announced a strategic “New Retail” partnership to expand market service. According to Starbucks, the partnership will enable a seamless Starbucks Experience and transform the coffee industry in China. Starbucks announced plans to pilot delivery services…

Coffee company Bulletproof raises over US$40m in completed Series C funding

USA - Bulletproof 360, Inc., the manufacturer of coffee, tea products, and dietary supplements for upgrading mind and body,  has announced that it completed a Series C funding after raising more than US$40 million in equity and debt financing. Other participants in the round included Trinity Ventures, an early Starbucks and Jamba Juice investor, and…

Nestle inaugurates a new US headquarters in Arlington, Virginia

USA – Nestlé, the multinational food and beverage company, has inaugurated its new U.S. headquarters in Arlington, Virginia through a celebration that will convene Nestlé leadership and employees, elected officials and community members. According to the company, the new location in the Rosslyn neighborhood is home to Nestlé USA’s corporate functions, its Beverage, Baking &…

Coca-Cola Beverages Africa to launch its sparkling fruit juice Appletiser in Spain

SOUTH AFRICA - Coca-Cola Beverages Africa has announced that it is set to launch South Africa’s sparkling fruit juice Appletiser in the European market starting with Spain, with later introductions in Western Europe and the Americas. Appletiser is a home-grown apple juice brand acquired by The Coca-Cola Company two years ago and has seen successful…