PepsiCo opens new US$42.3m baby food plant in Russia

RUSSIA - PepsiCo, Inc., the American multinational food, snack and beverage company has opened a new US$42.3 million baby food plant with a daily capacity of approximately 25 tonnes in Russia, reported FoodBev. The new plant will exclusively be used to produce cottage cheese and yogurt products for the company’s Agusha and Chudo Detki brands.…

AB InBev’s ZX Ventures acquires UK-based spirits company Atom Group

UK - AB InBev’s incubator, operator, and venture capital team ZX Ventures has acquired Atom Group, a company brand of spirits based in the UK for an undisclosed sum. Atom Group is a drinks company that encompasses production of spirits under the Atom Brands and importation, distribution and brand development via Maverick Drinks; to global…

Zeder Ltd financial report falls from harsh macro environment impact results

SOUTH AFRICA - Zeder Investments Ltd., the South African company that focuses on agri, food and beverage sectors said its financial results for the year ended 28 February 2018 was impacted by challenging macro conditions. Most of its portfolio companies including Pioneer Foods, Capespan, Zaad and Agrivision Africa reported losses from the impact. According to…

Guinness Nigeria commits to sustainability through waste management

NIGERIA - Guinness Nigeria Plc has beefed up its commitment to waste management through a partnership with Wecyclers, an enterprise that promotes environmental sustainability, socioeconomic development, and community health, reports Vanguard. The partnership delivers on the company’s 4R waste management strategy covering Reduction, Reuse, Recovery and Recycle. It also addresses global concerns on the impact…

Ethiopia’s National Alcohol & Liquor Factory launches new product ‘National Vodka’

ETHIOPIA - The National Alcohol & Liquor Factory (NALF) of Ethiopia has expanded its vodka portfolio by launching a new product ‘National Vodka’ into the local market. At the time of the launch, the AddisFortune reported that the alcoholic vodka product, which is a year in its making, will be available in the market in…

Zimbabwe’s Delta Corporation revenue up 18% on beer volume growth

ZIMBABWE - Delta Corporation’s, the beer and soft drinks company of Zimbabwe revenue has increased 18% in the year to March 2018, attributed to higher beer volumes and growth in larger sparkling beverages. The Herald report cited a trading update for the fourth quarter and full year to March 2018, which included the results of…

Diageo invests US$185.8m in Scotch whisky attraction programme

UK - Diageo, the British multinational distiller will invest US$185.8 million in Johnnie Walker global brand attraction & distillery programme, Scotch Whisky tourism for over a period of three years in Scotland. The investment will be used to construct a new Johnnie Walker facility in Edinburgh to change Scotch whisky visitor experiences while acting as…

Britvic launches range of sparkling waters below the new sugar levy threshold

UK - Britvic, Hemel Hempstead based producer of soft drinks has unveiled a line of new sparkling water, Aqua Libra, a range which falls way below the new sugar levy threshold. The company said all the new flavors contain no added sugar or artificial flavourings, in line with the recently enacted sugar levy legislation in…

Coca-Cola Amatil launches program to support start-up businesses in Asia

ASIA - Coca-Cola Amatil, one of the largest bottlers of non-alcoholic ready-to-drink beverages in the Asia-Pacific region has launched a new program, Amatil X aimed at developing of start-ups, emerging business and identify innovative product concepts. This forms part of its accelerator programs to enhance growth out of its core beverage businesses. To foster growth while…

Coca-Cola India expands its zero-sugar range with a new No Sugar Variant

INDIA - Coca-Cola India has announced the launch of Thums Up Charged No Sugar, a new no sugar home-grown brand that the company says does not compromise on either taste or flavor. The flavor promotes moderation and offers customers a variety to choose from, that is regular, low-sugar and no-sugar options. The company said it…