Coca-Cola and Costa launch ready-to-drink Costa Coffee

UK – Coca-Cola and Costa have launched a chilled ready-to-drink (RTD) Costa Coffee, the first product since Coca-Cola acquired the coffee company earlier this year. The coffee product is set to debut in the UK […]

PepsiCo appoints Ram Krishnan as Chief Commercial Officer

USA – PepsiCo has appointed Ram Krishnan as new Chief Commercial Officer in charge of the food and beverage giant’s global operations. Ram is currently Chief Executive Officer, Greater China for PepsiCo and will continue […]

CCBA to buy stakes in Kenya’s Coca-Cola franchise bottlers in a US$192.5m valuation

KENYA – Coca-Cola Beverages Africa (CCBA) is set to acquire unknown stakes in two Kenyan Coca-Cola franchise bottlers from public investment company, Centum Investments. Centum, which operates as an affiliate of the Kenyan government-owned Industrial […]

Layn Natural invests US$60m in new CBD manufacturing facility in US

USA – China based Guilin Layn Natural Ingredients Corp. has invested approximately US$60 million in a new CBD manufacturing facility in the US. The facility is expected to be completed in 2020 with a capacity […]

Coca-Cola Beverages Africa appoints Xavi Selga as new head of Kenya unit

KENYA – Coca-Cola Beverages Africa has appointed its long-serving Coca-Cola executive, Xavi Selga, as the new managing director for Kenya, Mayotte and Comoros. Mr Selga takes over from Daryl Wilson, who has been appointed to […]

Coca-Cola launches solar power system in Namibia to strengthen green energy sourcing

NAMIBIA – Coca-Cola Namibia Bottling Company (CCNBC), subsidiary of Coca-Cola Beverages Africa (CCBA) has installed 1740 solar panels and nine solar inverters in its facility as part of its ambitions to explore green energy sourcing. […]

Coca-Cola Amatil sells SPC fruit and vegetable business for US$27.9m

AUSTRALIA – Coca-Cola Amatil has agreed to sell its SPC fruit and vegetable business to Shepparton Partners Collective and its group of companies in a deal worth AUD 40 million (US$27.9 million). The sale of […]

India’s food delivery startup FreshToHome raises US$11m funding

INDIA – Bengaluru-based fresh fish and meat delivery startup FreshToHome has raised US$11 million (₹76 crore) led by Hong Kong-based CE Ventures to fund its expansion into more cities and strengthen supply chain. Others participating […]

NCLT approves Heinz India-Zydus Nutritions’ US$630m merger deal

INDIA – The National Company Law Tribunal (NCLT) has approved Zydus Wellness’ acquisition bid for Heinz India Pvt Ltd in a merger deal valued at about US$630 million (Rs 4,595 crore). Through its Zydus Nutritions […]

Coca-Cola commissions US$10m bottled water production line in Uganda

UGANDA – Leading soft beverage manufacturer, Coca-Cola Beverages Africa (CCBA), has commissioned a US$10 million Rwenzori Pure Natural Water production line in Namanve Industrial park, Central Region of Uganda. Speaking during the event, Van Niekerk […]