SE Asia’s giant food delivery GrabFood acquires Uber in largest-ever deal

INDONESIA – GrabFood, South East Asia’s giant food delivery service has completed the acquisition of the business of rival Uber Technologies, the largest-ever deal of its kind in the region. This deal will not only make the Singapore firm a dominant player in the region’s ride-hailing market but will also make GrabFood one of the biggest food…

Aldi invests US$30.8935m to its regional distribution centre in West Lothian.

SCOTLAND - Supermarket chain Aldi is set to invest US$30.8935 million in a bid to expand its Bathgate distribution centre located in West Lothian after receiving the approval from West Lothian Council. Aldi plans to boost its distribution capacity with 196,000 square feet storage and chill facility, creating more than 200 new jobs at the…

Nestle opens a new US$6.95m quality assurance lab in Brazil

BRAZIL - Nestle SA, one of the largest food and beverage companies in the world has opened a new US$6.95 million quality assurance laboratory in Brazil as it strives to develop innovative products and recipes across its organic offering. Nestle indicated that the main purpose of the laboratory was to ensure that its organic range…

China’s bottled water sales decline as market reaches saturation point

ASIA - China’s bottle water growth is hindered by market saturation while retail volume sales continue to decline, according to the London-based market research firm, Mintel. According to the research, China’s bottled water sales volume growth fell from 5% in 2015 to 4.2% in 2017, and is predicted to fall further to 2.8% by 2021.…

Starbucks keen to go beyond coffee into food in India

INDIA - India has become the largest market in Asia in terms of food sales for Starbucks, the world’s biggest coffee retailer, its chief executive officer said. Tata Starbucks, the 50:50 joint venture between Starbucks Coffee Company and Tata Global Beverages in India, wants to increase its food play in the country by micro-localising cuisines,…

Muller partners with German retailer in a three-year milk supply deal

UK - Muller, the multinational producer of dairy products has entered into a three-year deal with the German global discount supermarket and grocery store Lidl, in which the brand will supply milk to most of Lidl’s UK stores. The deal, expected to be effective 1 June 2018 will see Muller supply almost 90% of Lidl’s…

Walmart-Flipkart deal set to boost infrastructure in India’s food market

INDIA - The proposed Walmart-Flipkart combine plans to make an aggressive play in the food sector with a substantial chunk of the Bentonville retailer’s investment in the Indian market place being earmarked to build back-end food and grocery infrastructure in a bid to gain pole position in India’s online and offline food retail markets. Walmart…

Carrefour acquires majority stake in French meal delivery company

FRANCE - Carrefour, one of the largest hypermarket chains in the world, has announced that it has acquired a majority stake in the Paris-based ecommerce start-up, Quitoque. The acquisition of the leader of meal kit deliveries, and one of the French pioneers in food technology is part of a strategy to add strength to its…

World Centric unveils 100% plant-based, compostable pizza box

USA - World Centric, maker of certified compostable products has unveiled a new, full circle pizza box, 'PizzaRound™', a certified compostable pizza container that delivers operational, environmental and customer benefits. According to the company, the box reduces packaging waste labor, space, grease and sogginess as opposed to traditional cardboard pizza boxes. It is made from…

Brazil improves its food safety standards to avoid another ban on meat exports

BRAZIL - Brazil has improved its food safety standards and is working with trading partners to avoid another ban on meat exports from the country, according to Blairo Maggi, Brazil's Agriculture Minister. In line with Reuters report, the minister said that it was possible some meat-packing plants could be banned by importing countries due to…