Ecuadorian dairy firm Tonicorp has opened a new dairy production plant in Guayaquil. The inauguration ceremony was chaired by the President of Ecuador, Lenín Moreno, together with directors of Arca Continental and The Coca-Cola ...
Tags: dairy, dairy Facility
India’s consumer goods conglomerate ITC has forayed into the into dairy whitener market by launching its Sunfresh brand. In October last year, it entered dairy business by introducing packaged ghee. Sunfresh brand is its second ...
Tags: Sunfresh Brand, dairy business
India’s leading automobile manufacturer Mahindra & Mahindra (M&M) has entered into dairy business, beginning with milk. M&M has started selling branded milk products under the brand Saboro in Indore, Madhya Pradesh state of India. ...
Tags: Mahindra&Mahindra Enters, Dr.Pawan Goenka, Dairy Business
Coca Cola is said to have dropped its plan to buy minority stake in Greek yogurt maker Chobani, as the beverage company believes that it may not fit its portfolio. Sources familiar with the matter told CNBC that the soft drinks giant is ...
Soft drink giants PepsiCo Inc and Coca-Cola Co are said to be holding separate talks to acquire minority interest in US-based yogurt maker Chobani. The move indicates that beverage companies are making efforts to diversify their business ...
Tags: Soft drink, PepsiCo, Coca-Cola Co, carbonated drinks
India-based dairy startup Sahayog Dairy has raised INR110m ($1.6m) in the first round of funding from social venture capital investment firm Acumen for expansion of its processing plant. The dairy firm will use the money for expansion of ...
Tags: milk chilling, dairy segment
Dutch dairy cooperative Royal FrieslandCampina has reported a 26.9% increase in its full year net earnings to €274m, compared to €216m in 2011, driven by a higher operating profit and lower financing costs. The cooperative ...
Tags: dairy cooperative, dairy, FrieslandCampina
Indian conglomerate ITC plans to invest INR5bn ($90.43m) to set up an integrated food and logistics hub in Howrah, West Bengal. The hub, which will be located on a 57-acre land, will serve West Bengal as well as the neighboring states. ...
Tags: integrated food and logistics hub, personal care, agriculture, food, dairy