Nestlé inaugurates packaging research institute to accelerate sustainability agenda

SWITZERLAND – Nestlé has officially inaugurated the Institute of Packaging Sciences, the “first-of-its-kind in the food industry”, to further reinforce the company’s sustainability agenda. Located at Nestlé’s Research facilities in Lausanne, Switzerland, the Institute leverages the company’s existing research capabilities in food safety, analytics and food science. The new institute will enable Nestlé to accelerate its efforts to bring functional, safe and environmentally friendly packaging solutions to the market and to address the global challenge of plastic packaging waste. The Nestlé Institute of Packaging Sciences focuses on a number of…

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Mondelez International commits to sourcing 100% of cocoa from Ghana by 2025

GHANA – Mondelez International, world’s leading chocolate company, through its Cocoa Life Sustainability Programme plans to increase its 40% cocoa sourcing from Ghana to 100% by 2025, reports Ghanaian Times. The head of Cocoa Life Program in Ghana, Yaa Peprah Amekudzi said, “Mondelez International commits to secure 100 per cent cocoa volume for all chocolate brands through its Cocoa Sustainable Programme by 2025, we accept the challenge here in Ghana.” To ensure the farmers produce cocoa of global standards, the chocolate maker commits to support the farmers by strategically enhancing…

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Redefine Meat raises US$6m in funding for 3D alternative meat printer

ISRAEL – Redefine Meat, an Israel-based plant-based meat company has raised US$6 million in a seed funding round led by CPT Capital, Hanaco Ventures and German poultry company, The PHW Group. Founded in 2018, Redefine Meat has developed a process which combines a 3D meat modelling system and plant-based food formulations to produce animal-free ‘meat’. The startup will use its new capital to finalize its alternative meat 3D printer and ensure that it delivers within the scheduled launch – 2020. By 2020, Redefine Meat plans to begin selling its 3D…

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Anheuser-Busch InBev and SABMiller breaching merger conditions – says Distell

SOUTH AFRICA – Distell, South Africa’s wine and spirit producer is accusing the entity formed from the 2016 merger of the world’s largest beer companies Anheuser-Busch InBev and SABMiller of breaching merger conditions. Distell approached the Competition Tribunal claiming that the merged entity removed competitors’ advertising material from retail outlets, among others, reports Reuters. However, the Competition Commission has maintained that there is no breach of the merger conditions and that the complaints “have no merit and should be dismissed,” the tribunal added. In response SABMiller argues that Distell’s complaint…

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Hood River Distillers adds premium tequila ‘Batanga’ to its portfolio

USA – Hood River Distillers, producer of distilled spirits in the Northwest has partnered with Mexico’s Casa Orendain in the launch of Batanga, a premium 100 percent agave Tequila. Established in 1926 by Eduardo Orendain, Casa Orendain is one of the four pioneers in the Tequila industry led by Eduardo along with the Cuervos, Sauzas and Herraduras. “Hood River Distillers has been working with the Orendain family for more than fifty years, and we are very excited to have been selected as the U.S. importer for Batanga,” said Ronald R.…

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Famous Brands reports growth in half year sales despite straining UK business

SOUTH AFRICA – Famous Brands, South African restaurant franchisor has reported a 6% rise in systemwide sales for half year ended August 2019 despite a slump in sales at Gourmet Burger Kitchen (GBK) as it continues to close stores. Its leading brands portfolio which includes Steers, Debonairs and Wimpy experienced system-wide growth of 6% and 4% like-for-like growth. Its signature brands division which incorporates Turn’n Tender, House of Coffees, Tashas and Vovo Telo grew by 14% on a systems wide basis, reflecting the opening of a number of new stores.…

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UK’s Kensington Distillers & Vintners enters Kenyan market

KENYA – Kensington Distillers & Vintners (KDV) the London-based beverage producer has entered the Kenyan Market introducing global alcohol drink brands such as its Bannerman’s Finest Scotch Whisky. Following this development, Sazerac, the leading US spirits company, has granted Monument Distillers the distribution rights for its portfolio in Kenya leading to the creation of a new Subsidiary, Momentum Distillers Kenya. Momentum Distillers will distribute brands like Popov Vodka, Southern Comfort, Myers Rum, Paddy’s Irish Whisky, Firewater, and Buffalo Trace Bourbon, reports by Businesstoday Monument will be distributing these products through…

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Utz Quality Foods to acquire Conagra’s DSD snacks business

USA – Utz Quality Foods has secured a deal with packaged good company, Conagra Brands to acquire its direct-store delivery (DSD) snacks business. The transaction includes the Tim’s Cascade Snacks, Hawaiian Snacks, Erin’s, Snyder of Berlin and Husman’s brands. Conagra Brands acquired the business last year as part of the US$10.9 billion acquisition of Pinnacle Foods. While Conagra has a large and growing snacks business, chief executive officer Sean Connolly said the brands have more opportunity for growth under an established DSD operator like Utz. To accelerate development of contemporary, on-trend…

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Commodity trading platform Binkabi partners Unity Bank to boost agricultural lending

NIGERIA – Binkabi, Nigeria’s blockchain based commodity trading network has partners with Unity Bank Plc to launch an agro-commodities trade platform to improve lending of the agriculture sector. Binkabi is a platform for issuing trading and financing commodities on blockchain. They power tokenization of agriculture commodities making them tradable and fundable on the block chain. The platform connects all the players in the sector i.e. banks, warehouses, commodity exchanges, logistics companies and farmers, aggregators and all parties in the supply chain by developing a market place for the commodities. The…

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Kenya Breweries launches new premium apple cider beer ‘Sikera’

KENYA – The Kenya Breweries Limited, subsidiary of the East African Breweries Limited has launched a new brand of cider beer dubbed Sikera Apple as part of its plans to grow sales in the category. Sikera is a crisp, light and refreshing apple cider beer drink typically made from crushed apples with an Alcohol by Volume (ABV) of 4.5%. Coming in a 300ml bottle, it will be retailing at a recommended price (RRP) of Sh150. The new drink was inspired by results from a recently conducted study on the trends…

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