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Unilever ranked at more than twice the value of KraftHeinz

Nestlé is the most valuable company in the world in terms of its corporate value and collective brand value while Unilever's total brand portfolio is over double that of KraftHeinz, according to a report....

Starbucks develops a barrel-aged coffee for Seattle Reserve Roastery

Starbucks has applied the oak barrel-aging technique typically reserved for whiskey to coffee at its Seattle Roastery.

Australia

Bitter row erupts over bible, beers and gay marriage

Scenes of two conservative politicians discussing marriage equality over a beer and a bible are not often used as a backdrop for consumer marketing campaigns, even in the reddest of...

This week Down Under

Turbulence at the top sees Coca-Cola Amatil shed Australian drinks MD

The head of Coca-Cola Amatil’s Australian beverages division has become one of five boardroom casualties as the group reacts to a near-40% drop in profit.

Sparkling ICE appoints CFO Marcus Smith as CEO as Kevin Klock makes surprise exit

As industry leaders gathered in Anaheim for the Expo West show, Talking Rain (Sparkling ICE) CEO and president Kevin Klock made a sudden, surprise, exit from the business he helped...

News in brief

First Milk and Nestlé UK & Ireland sign new contract

UK milk supplier First Milk has confirmed the completion of a new long-term contract with Nestlé UK & Ireland.

Mighty Leaf Tea launches three-tier premium tea program to tap into US foodservice sector

Mighty Leaf Tea has tapped into the $2.3bn hot tea market in the US foodservice sector with the launch of three new lines of premium tea.  

'We've learned how much fun it is to embrace competition'

Former PepsiCo exec among angel investors helping Shaka Tea strategically expand

Since launching one year ago, ready-to-drink (RTD) brand Shaka Tea now has plans for targeted national expansion in the US after closing its first round of seed investment.

Farmhouse Culture raises $6.5m in financing round led by Gen Mills 301 INC, unveils new sparkling probiotic line

A $6.5m funding round led by General Mills’ 301 INC arm will help Farmhouse Culture - which specializes in fresh organic sauerkraut, sauerkraut chips and fermented 'gut shots' – expand...

Wild Kombucha targets mainstream shoppers with familiar bottle, lighter taste profile

Baltimore-based Mobtown Fermentation wants to make kombucha – known for its sharp flavor profile and inconsistent texture – “more approachable to the general consumer,” starting with a more familiar shaped...

Six industry giants to launch UK-style traffic light labels in Europe

Coca-Cola, Mars, Mondelez, Nestlé, PepsiCo and Unilever will add nutrition logos modelled on the UK’s traffic light label to their European portfolios. However, critics have slammed the use of portion...

This week Down Under

Australian shiraz claims credit for founding wine’s mile-high club

An Australian winery has taken to tailoring products for a sky-high target market.

Dubai firm offers free finance for water made from thin air

A Dubai company has secured a finance partner to provide customers with interest-free loans over four years for machines that literally convert air into water.

PepsiCo, Coke India secure minor victory as Tamil protests rage on

The world’s biggest softs drinks companies were given some respite this week from a furious protest against their products in Tamil Nadu when the state high court overturned a ban...

Nestlé & Coca-Cola end RTD tea joint venture

Nestlé and The Coca-Cola Company have agreed to dissolve their Beverage Partners Worldwide joint venture, a 50/50 RTD tea partnership which includes the Nestea brand. 

AB InBev FY16

AB InBev and SABMiller integration ‘well under way’

Anheuser-Busch InBev has released its FY16 results: highlighting a challenging environment in Brazil; growth of its global beer brands; and progress on the integration of SABMiller.  

FrieslandCampina looking to sell its Riedel business

Dutch dairy cooperative Royal FrieslandCampina is looking to sell its fruit juices and drinks manufacturer Riedel to focus on its dairy portfolio.

AquaBall maker raises $3.6m to fuel its expansion plans

True Drinks Holdings – the firm behind kids’ flavored water brand AquaBall – has raised $3.6m to help it expand its reach into mainstream grocery and convenience store channels.

Molson Coors Canada and striking union workers reach benefits contract agreement

Molson Coors Canada and union workers at the Etobicoke, Ontario, Canada, facility reached a collective agreement on employee benefits after nearly seven weeks of protests. 

Coca-Cola may trial deposit return scheme in Scotland

Coca-Cola is reviewing its sustainable packaging strategy, and may trial a deposit return recycling scheme in Scotland.

Coca-Cola to close South Australia manufacturing operations

Coca-Cola Amatil is remodeling its supply chain across Australia, increasing production in Queensland and Western Australia but closing the company’s manufacturing operations in South Australia in 2019.

Bluecoat American Dry Gin’s new distillery blends past and future of gin making

Philadelphia-based Bluecoat American Dry Gin has relocated its production facilities to a newly-renovated 15,000-square-foot distillery to ramp up production and create gin that better appeals to American taste preferences. 

What connects crickets, coffee & mushrooms in a sustainable urban food loop? This Danish start-up's protein juice

Another month, another insect start-up? Maybe, but Danish firm Insekt KBH's apple, ginger and cricket juice is different: it's sustainable not only thanks to its ingredients but because it's produced...

Brown-Forman website makes nutrition information publicly available for consumers

Brown-Forman has launched a website that provides nutritional information for its alcoholic beverage brands, aligning itself with other industry giants who say they want to help consumers make informed decisions.

Trailblazers: Sustainable hummus, barista-style superfood tea & healthy noodles win innovation award

Hummus made from surplus vegetables, barista-style rooibos tea with superfoods and gluten-free noodles with a difference have won the Trailblazers contest hosted William Reed Business Media’s Food Vision event.

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