• 16 Jan
    Refresco and Cott merger could lead to higher prices for some juice drinks

    Refresco and Cott merger could lead to higher prices for some juice drinks

    UK      The UK Competition and Markets Authority (CMA) has raised concerns that the merger between Refresco and Cott could raise prices for certain juice drinks. Refresco says it is willing to offer suitable remedies and will fully cooperate with the authority to address the issues raised.

    Source: Beverage Daily

    By Caroline Calder News
  • 16 Jan
    Strategic partnership will see Varun Beverages help push PepsiCo India’s juice sales

    Strategic partnership will see Varun Beverages help push PepsiCo India’s juice sales

    INDIA    The largest bottler in the country Varun Beverages has partnered with PepsiCo India to sell and distribute the Tropicana range of juices along with Gatorade and Quaker Dairy products in north and east India. With the two regions making up 80% of the juice market in India Varun’s coverage will help PepsiCo reach more customers. The Times of India reported a PepsiCo spokesperson as saying: “The urban and rural markets are growing faster than metros for juices. In the north and east, we could only serve 90,000 outlets. The agreement with VBL (Varun) will double our distribution reach.”

    Ravi Jaipuria, Varun Beverages chairman commented: “I am very pleased to share that Varun Beverages Limited and PepsiCo India have decided to enter into a strategic partnership for selling and distribution of the larger Tropicana portfolio that includes Tropicana Juices (100%, Delight, Essentials), along with Gatorade and Quaker Value-Added Dairy in territories across north and east India” He added: “With VBL already holding manufacturing, sales and distribution rights for Tropicana Slice and Tropicana Frutz in north and east, we are confident that the addition of this portfolio will help expand the franchise for brand Tropicana in these territories.”

    Source: FoodBev

    By Caroline Calder News Uncategorised
  • 16 Jan
    SDIC Zhonglu Fruit Juice Co to acquire Appol Group

    SDIC Zhonglu Fruit Juice Co to acquire Appol Group

    Lincoln International, a leading global mid-market investment bank, announced on December 14th, that SDIC Zhonglu Fruit Juice Co., Ltd (SDICZL) had signed a definitive agreement to acquire Poland Appol Group (Appol). This is the Company’s first acquisition under the Chinese “Belt and Road” initiatives, connecting the EU and Chinese markets by investing in Poland. Terms of the transaction were disclosed in SDICZL’s announcement in the Shanghai Stock Exchange.

    Founded in 1994, Appol is the leading independent apple juice manufacturer in Poland and the leading Polish NFC apple juice manufacturer. Appol has three manufacturing plants, which are all located in the core apple planting areas of Poland, with a total production of 18,500 tonnes fruit juice concentrates and 16,500 tonnes NFC juices in 2016. Appol supplies juice products predominantly to EU countries.

    SDICZL is controlled by China’s National Development Investment Group Co., Ltd. (formerly State Development & Investment Corporation) and is listed on the Shanghai Stock Exchange. SDICZL is one of the largest fruit juice concentrate producers in China with 90% of its products exported worldwide. The Appol acquisition establishes SDICZL’s first manufacturing base outside of China and is a key part of SDICZL’s globalization production layout strategy.

    Source: PRNewswire

    By Caroline Calder News
  • 16 Jan
    Peach Coca-Cola launches in Japan

    Peach Coca-Cola launches in Japan

    JAPAN     Coca-Cola have announced that the release the world’s first Peach Coca-Cola in Japan in for a limited time. Peaches are one of the most popular fruits in Japan with many believing ancient myths and legends that the fruit wards off evil. Japan’s Hinamatsuri “Doll Festival“, celebrated on 3 March every year, is also known as Momo no Sekku, “the seasonal festival of peaches“. Research shows that demand for peach drinks is highest in Japan from January to March, so the January release date for the new Peach Coca-Cola is perfect timing. The new Peach Coca-Cola will go on sale around Japan from 22 January, with the 500-millilitre (16.9-ounce) bottle retailing for 140 yen (US$1.25), and the 280-millilitre bottle (limited for sale at vending machines) available for 115 yen.

    Source: SoraNews24

    By Caroline Calder News
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