Zydus Wellness Ltd. and its parent Cadila Healthcare Ltd. have jointly agreed to acquire the Indian portfolio of Kraft Heinz Co., which includes children’s milk drink Complan, for Rs 4,595 crore. Zydus will fund the acquisition via
Billion Smiles Hospitality Pvt. Ltd., a brainchild of Mr. Vijay Abhimanyu pioneered at the young age of 19, recently announced its plans to launch bonsouth’s first franchised outlet in Pune. The brand’s franchise in Wakad
Arla has partnered with Bangladesh-based dairy co-operative MilkVita, as it aims to sustainably develop Bangladesh’s dairy industry and better understand the needs of consumers in the country. The agreement will see both companies share
Ferrero USA has invested $9 million to expand its confectionery production facility in Franklin Township, New Jersey. According to Ferrero, the expansion will add nearly 100 new jobs at the site and will increase
The Kroger Co. next year is launching a private label that will give new life to produce that might not live up to consumers’ visual expectations but still meets taste and safety standards. During
NatureFresh, the home-grown brand of Cargill’s food business in India has extended its offering into premium health oil space with the launch of NatureFresh Acti Heart, at a press conference in New Delhi, recently. Positioned
Foodpanda has acquired Mumbai-based foodtech startup Holachef Hospitality Pvt. Ltd, which had shut down operations in July-August this year, for an undisclosed amount. With this acquisition, Foodpanda will foray into cloud kitchens and also
The Netherlands-based multi-national firm Royal DSM has opened its second animal nutrition and health premix plant at Jadcherla in Mahbubnagar, Telangana. The 1,20,000 sq ft facility will provide vitamin-based feed supplements for poultry, dairy
To sustain the profitability momentum, PepsiCo India will focus on market execution and invest heavily on trade channels, including e-commerce.The maker of Pepsi cola and Lay’s salty snacks, which returned to profitable growth after a
Zomato is raising $210 million from Alibaba’s payment affiliate Alipay Singapore, which is an existing shareholder in the online restaurant guide and food ordering firm. According to a regulatory filing by BSE-listed Info Edge (India),