HUL acquires VDFPL’S Adityaa Milk to grow its ice cream business
The consumer goods major Hindustan Unilever Ltd. has reportedly announced that it is entering into an agreement with Vijaykant Dairy and Food Products Ltd. (VDFPL) and its group company. HUL, s per so....
JFL cuts Dunkin Donuts store count, moves to smaller formats
The American doughnut and coffeehouse chain, Dunkin Donuts has reportedly shut down more than half of its Indian outlets over the last two years and is relying on small stores and kiosks to cut costs.....
Coca-Cola plans apple farming to diversify product portfolio in India
Coca-Cola India Pvt. Ltd is planning to grow beyond carbonated soft drinks. The soda giant is reportedly setting the groundwork to cultivate more apples in India to locally source its fruit-based drin....
Foodpanda contemplating potential acquisition of startup Holachef
Ola owned food delivery service, Foodpanda, is in the throes of a potential acquisition of Holachef Hospitality Pvt. Ltd, a Mumbai based food tech start-up. In what is claimed to be a distress sale, F....
ACCC sues Kraft-Heinz for misleading claims made over toddler snacks
The Australian Competition and Consumer Commission (ACCC) has reportedly urged the court to impose a penalty of AUS $10 million against the Kraft-Heinz company’s local arm for distorted claims, to p....
BFS invests £1m in Babease to meet rising organic baby food demand
Baby food manufacturer Babease has reportedly garnered an investment of £1m as it looks to fund its production growth. For the record, the organic baby food brand was founded in 2016 when chef Tom ....
Starbucks and Alibaba team up to enhance on-demand delivery in China
The coffee giant Starbucks is reportedly teaming up with Alibaba’s Ele.me to carry out coffee deliveries in China. The collaboration is a result of the coffee chain’s rare sales decline in the Chi....
Dutch Takeaway.com plans to acquire Tel Aviv-based 10bis for €135m
The Dutch online food delivery marketplace Takeaway.com has reportedly signed an agreement to acquire Israeli food delivery company, 10bis.co.il Ltd. As per reliable sources, the acquisition will cost....
KFC launches plant-based meat dishes in Vietnam for the Lunar month
Kentucky Fried Chicken (KFC), one of the largest fried chicken fast-food chains in the world with 19,000 restaurants in 119 countries, has been reported to offer vegan options in Vietnam for a limited....