All news articles for August 2018

pic:getty/monticello

Coca-Cola: ‘The acquisition of Costa will give us a strong coffee platform’

Coca-Cola to acquire Costa Coffee for $5.1bn

By Rachel Arthur

Coca-Cola will acquire UK coffee brand Costa Coffee, giving the soft drinks giant a ‘strong coffee platform’ as it seeks to grow its presence in the market.

Aramark to reduce plastic straws, cups and soup containers. Photo: Aramark.

Aramak to reduce all single-use plastic by 2022

By Jenny Eagle

Aramark, food and facilities management, says it will significantly reduce its single-use disposable plastics by 2022 starting with straws, cups and soup containers.

The 42 Degrees Company self-heating coffee cans. Photo: The 42 Degrees Company.

The 42 Degrees Company launches self-heating coffee cans

By Jenny Eagle

The 42 Degrees Company, which acquired the patent for self-heating coffee cans last year, has redeveloped the ingredients and packaging of the product launching it to suppliers and convenience stores soon.

New Zealand wine is destined for more than 90 countries. Pic:getty/gustavofrazo

NZ wine exports up for the 23rd year running

By Rachel Arthur

New Zealand’s wine industry has recorded its 23rd consecutive year of export growth, with exports now valued at $1.7bn NZD ($1.13bn USD). Meanwhile, wine tourism is playing an increasingly important role in promoting the nation's wines.

Production volume will increase by 120 million units per year. Pic: ©GettyImages/BrianAJackson

Saverglass opens first North America factory in Mexico

By Beth Newhart

France-based company Saverglass has started production at its first North American factory, in Jalisco, Mexico. The $120m facility has created 400 jobs producing high end and premium glass bottles.

Nine California jurisdictions, Baltimore and Louisville have already passed healthy kids’ meal policies. Pic:getty/alfirapoyarkova

California passes statewide healthy kids’ meal bill

By Beth Newhart

Just two months after California lawmakers passed a 12-year ban on soda taxes, the state has passed the nation’s first 'healthy kids' meal bill': with water and milk set to become the default drink choice with kids' meals.

pic:istock/jbkphotography

Coca-Cola Amatil considers SPC sale

By Rachel Arthur

Coca-Cola Amatil has started a strategic review into growth options for SPC, an Australian processor of packaged fruit and vegetables, with a change in ownership, alliances or mergers on the cards.

Sparkling water Fizzique takes protein in a new, refreshing direction

Sparkling water Fizzique takes protein in a new, refreshing direction

By Elizabeth Crawford

With retail sales of protein expected to reach $21.5 billion globally by 2025, manufacturers are incorporating the ingredient in everything from the standard shakes, bars and smoothies to the unexpected, such as, pancakes, chips and now with the launch...

The Swiss company said Express Vending will complement its micro market offering. Pic: ©Getty Images/yaom

Selecta Group acquires Express Vending

By Jim Cornall

Swiss self-service coffee and convenience food provider Selecta Group B.V. has acquired UK company Express Vending Group Limited.

SodaStream celebrated the deal by promoting a 20% off sale on its website on Monday. Pic: ©GettyImages/champlifezy@gmail.com

PepsiCo buys SodaStream for $3.2bn

By Beth Newhart

PepsiCo announced Monday that it has acquired Israel-based SodaStream International for $144 per share in a deal valued at $3.2 billion.

Cascade's brewery has operated in Tasmania since 1832. Pic: Carlton & United Breweries.

News in brief

Cascade stops using plastic six-pack rings

By Rachel Arthur

Australian beer brand Cascade is discontinuing the use of plastic six-pack rings on its cans; with other Carlton & United Breweries brands to follow over the next 12 months.

Migration has increased globally, and with it, beer options have expanded. Pic: ©GettyImages/rez-art

China now drinks more Budweiser than the US

By Beth Newhart

Domestic beer consumption in the US has fallen over the last two decades while China’s interest in American beer has spiked. Budweiser sales finally flipped in China’s favor in the first half of 2018 and the trend is expected to continue.

Beyti is 52% owned by Saudia Arabian dairy firm Almarai Company, and 48% by PepsiCo Inc. Pic: ©Getty Images/MidoSemsem

EBRD supports Egypt’s Beyti with $44m loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) is providing Egyptian dairy and juice producer, the International Company for Agricultural Industries Projects, S.A.E (Beyti), with a $44m loan.

pic:getty/gam1983

What is a natural wine?

By Rachel Arthur

A French politician is calling for the country to create a legal definition for natural wines, saying it is important to distinguish the category against other wines.