Flipkart receives US$201m capital funding from parent entity

INDIA – Flipkart India, the wholesale arm of the Walmart-owned eCommerce marketplace in India, has received US$201.27 million (Rs 1,431 crore) from its Singapore-based parent entity Flipkart Private Limited. The fund infusion by Flipkart comes as the company seeks to fight off the challenge from Amazon to keep its leadership of India’s growing $18 billion…

Kellogg’s expands breakfast cereal line with new Strawberry Krispies

USA – The US food company, Kellogg’s has introduced a new flavor variant for its breakfast cereals line, Strawberry Krispies, its first new flavor in more than 10 years. The new product is an addition to Kellogg's Rice Krispies, a classic, delicious, Snap, Crackle and Pop brand that claims to be a vital source of…

High court ratifies listeriosis class action suit against Tiger Brands

SOUTH AFRICA - The Johannesburg high court certified the request by the law firms representing listeriosis claimants to amalgamate the cases against Tiger Brands into a one class action suit, reports Fin24. The listeriosis outbreak, which according to the world health organisation was the largest of its kind, infected over one thousand people and costed…

Nestle Health inaugurates US$70m global R&D center in New Jersey

USA - Nestlé Health Science has opened a new US$70 million Product Technology Center in Bridgewater, New Jersey to serve as its global research and development hub. According to Nestle, the new facility which was built over a period of three years will offer capabilities in nutrition while improving the life and health of its…

PureCircle to sell stevia-based proteins, fibers and antioxidants

USA – World’s leading manufacturer of stevia sweeteners, PureCircle plans to begin commercial production and sale of new stevia ingredients including proteins, soluble fibers and antioxidants in 2019. The company said the products are a result of extensive research and development using its proprietary stevia technology and enables it to utilize much more of each…

Kraft Heinz plans Indian ‘come-back’ through distribution partnership

INDIA – Kraft Heinz, which recently divested its Indian consumer brands business plans to take some of its global brands to India and this could be through a distributor partnership in the country. Speaking to ET Retail, Kraft Heinz India managing director, Sankalp Potbhare said the company is exploring options including identifying a distribution partner…

Kraft Heinz acquires US condiments firm Primal Nutrition for US$200m

USA – Kraft Heinz has announced that it has agreed to acquire the US based condiments, sauces and dressings firm, Primal Nutrition, LLC for approximately US$200 million. Primal Kitchen will join Kraft Heinz under Springboard, which is Kraft Heinz’s dynamic platform created to partner with founders and brands that will disrupt the food industry. For…

PepsiCo and Coca-Cola to invest US$1.4b in Pakistan

ASIA – The world’s beverage giants are planning to invest in Pakistan with PepsiCo lining up US$1.2 billion in the next five years while Coca-Cola will further invest US$200 million in the coming two to three years, according to a statement from Prime Minister Imran Khan’s office. A report by Arab News reveals that the…

Kellogg’s to adopt ‘traffic light’ labeling on cereal packaging in UK

UK – Global cereals firm, Kellogg’s plans to include colour coding (traffic light labels) on its cereals packaging in the UK from early next year in a commitment to help customers make healthier food choices. According to the company, the voluntary labels will first appear on breakfast cereal packs made exclusively for sale in Britain,…

Nestle Cereals launches new Oat Cheerios breakfast cereal range in the UK

UK - Nestlé Cereals has launched new Oat Cheerios breakfast cereals, expanding its range of great tasting and nutritious cereals in the UK. Oat Cheerios are made with 100% British-grown whole grain oats and are enriched with vitamins and minerals, including calcium and the vitamins D and C, along with folic acid. The new range…