WORLD NEWS

Hain Celestial announces strategic alliance in India

INDIA – The Hain Celestial Group, a leading organic and natural products company with operations in North America, Europe and India has announced the establishment of a strategic joint venture between Future Consumer Limited and its subsidiary Hain Tilda India Private Limited.

Diageo mulls raising India’s United Spirits stake

INDIA – Diageo was considering raising its majority stake in Indian whisky producer United Spirits, people familiar with the matter said, as the British maker of Johnnie Walker scotch strengthens its hold on the Asian country’s growing liquor market.

Domino’s sees opportunities for growth

USA – Despite being the leader in the US pizza delivery business with a 28 percent share, Domino’s still sees “substantial” opportunity for growth, said Patrick Doyle, president and CEO of the Ann Arbor, Michigan-based company.

Hochland SE acquires Franklin Foods

GERMANY – Franklin Foods Holdings (Franklin), the World’s fastest growing cream cheese company, announced today of its acquisition by Hochland SE, a privately-held Bavaria, Germany-based cheese company.

OmniActive Health acquires 85% stake in Indfrag

INDIA – OmniActive Health Technologies, which supplies ingredients to the healthcare and food industries, has acquired 85 per cent stake in Bengaluru-based fragrance and specialty chemicals maker Indfrag for an undisclosed amount.