Tag: Kirin Holdings

Japanese beverage giant Kirin supports healthy aging with new memory-supporting ingredient

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JAPAN – Kirin Holdings has introduced a new functional ingredient to support “support the maintenance of memory, which declines with age.” Called Beta-Lactolin, the new ingredient reportedly targets those who are healthy but have started to become forgetful or slower in making decisions due to the natural aging process. To ensure market success, Kirin is partnering with a number of local food companies to launch the product in various forms including a beverage, yogurt, and supplements. New products to be released throughout Japan include beta-lactolin by Kyowa Hakko Bio on…

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Kirin terminates partnership with Myanmar brewery partly owned by military over coup

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MYANMAR – Japanese drinks giant Kirin Holdings has announced its termination of a brewing partnership with Myanmar’s military after its generals overthrew the elected government in February, this year. Kirin owns a controlling stake in both Myanmar Brewery and Mandalay Brewery in partnership with Myanmar Economic Holdings Ltd (MEHL), a company controlled by the country’s military and that a UN investigation has found is overseen by coup leader Senior General Min Aung Hlaing. Kirin operations in Myanmar included the production of beer brands such as Kirin Lager – one of…

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Kirin, Mitsubishi Chemicals partner to develop PET bottles recycling facility

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JAPAN – Japanese beverage manufacturer Kirin Holdings has announced that it will embark on a joint technical analysis and feasibility study into PET bottles using a process known as chemical recycling with its partner Mitsubishi Chemical Corporation. Kirin being a major producer of plastic bottles said that the move is part of its ongoing commitment to promote continuous recycling of plastics in society. As part of the project, the two companies will develop a chemical recycling system specifically designed for PET bottles. The system will involve collection of used PET…

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Japanese beer giant Kirin ventures into Indian craft beer industry with US$30m investment in B9 Beverages

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INDIA – Kirin Holdings, a leading Japanese beer maker, is has announced that it will invest US$30 million in New Delhi-based craft beverages maker B9 beverages even as it seeks to secure a spot in India’s growing craft beer market amid falling sales at home. Sources from Kirin Holdings revealed that following the investment, the Japanese brewer will acquire a stake of under 10% in B9, the maker of India’s popular craft beer Bira. According to a report by Reuters, B9 beverages had been in talks with international brewers –…

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Japanese beverage company Kirin to sell Australia dairy unit to Bega Cheese

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AUSTRALIA – Japanese beverage company Kirin Holdings has confirmed a potential sale of its Australian dairy Unit Lion Dairy & Drinks to Bega Cheese in a deal estimated to be worth over US$400 million. This is the second attempt by the Japanese beverage company to offload its Australian dairy unit after the first attempt to sell to China Mengniu Dairy failed following fears that it was likely to be blocked by the Australian government.  Founded in 1991 by Adelaide Steamship Company, Lion Dairy & Drink specialises in dairy food and…

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China Mengniu Dairy Company drops interest in acquiring Lion’s Dairy & Drinks

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AUSTRALIA – The proposed sale of Lion’s Dairy & Drinks business to China Mengniu Dairy Company has fallen through, with both parties walking away due to approval from the Foreign Investment Review Board (FIRB) was not going to official. Lion and its parent company Kirin Holdings Company released a statement saying that FIRB approval was “unlikely to be forthcoming” and the decision to end the sale process was mutual. Lion was “disappointed” with the outcome and would now be looking at other options for the Dairy & Drinks business. The sale would have…

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Diplomatic tension set to bar China-Australia dairy purchase deal

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AUSTRALIA – The government of Australia is on the verge of blocking China Mengniu Dairy’s purchase of Australian beverage unit Lion Dairy & Drinks from Japan’s Kirin Holdings for AUD 600 million (US$429.17 million), the Australian Financial Review has reported, citing a source who blamed “diplomatic issues”. The deal was to include all white milk, milk-based beverages, yoghurt, juice and water ice brands and assets as well as Lion Dairy & Drinks’ International business, and Dairy & Drinks’ share of the joint ventures Vitasoy Australia Products and Capitol Chilled Foods…

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Kirin Holdings launches new initiative to support coffee plantations in Vietnam

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JAPAN – Japanese beverage firm, Kirin Holdings, has launched a new initiative in Vietnam to support coffee plantations in the country to gain the Rainforest Alliance Certification. The Rainforest Alliance Certification is an international certification system that allows plantations to monitor their agricultural activities for more sustainability by promoting environmental protection, affordable social equity and maintaining economic competitiveness. Kirin Holdings said that the initiative in Vietnam is part of its commitment to farmers in areas of production to increase sustainability and to allow for the stable use of quality materials…

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Australia’s competition regulator approves Mengniu’s acquisition of Lion Drinks & Dairy

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AUSTRALIA – The Australian Competition and Consumer Commission (ACCC) has approved Mengniu Dairy’s bid to acquire Kirin Holding’s Australian beverage unit Lion Dairy & Drinks for about US$419 million. The Chinese dairy giant tabled the offer to acquire Lion Dairy & Drinks raw milk processing facilities in Australia, two of which are located in Chelsea and Morwell in Victoria in November last year. The deal includes all white milk, milk-based beverages, yoghurt, juice and water ice brands and assets as well as Lion Dairy & Drinks’ International business, and Dairy…

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Kirin’s Lion Little World Beverages to acquire US craft brewer New Belgium

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USA – Lion Little World Beverages (LWB), the global craft beverages division of  Australasian brewer, Lion – which is part of Japanese beverage firm Kirin Holding – has secured a deal to acquire US craft beverage company New Belgium Brewing. New Belgium, known for its Fat Tire Amber Ale and Voodoo Ranger IPA beers, is the fourth-largest independent brewery in the U.S., according to 2018 data from the Brewers Association. The brewery operates facilities in Fort Collins, Colorado, and Asheville, North Carolina and has distribution in all 50 states across…

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