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Allied Industry
ThaiBev buys Myanmar’s largest distillery for US$742m

ThaiBev buys Myanmar’s largest distillery for US$742m

It now owns 75% of the company. ThaiBev bought a 75% stake in Myanmar Supply Chain (MSC) and Myanmar Distillery (MDC) for US$742m. According to RHB, the MSC and MDC operate two spirit production facilities

Allied Industry
Goodricke to acquire packaged tea business

Goodricke to acquire packaged tea business

Goodricke Group Ltd, based in Kolkata, is planning out acquisition of Godfrey Phillips India Ltd’s packaged tea business for Rs 20 crore ($3 million). The sale is in line with Godfrey’s decision to exit the

Allied Industry
PepsiCo launches new energy drink in India

PepsiCo launches new energy drink in India

The American food and beverages company PepsiCo Inc, has launched energy drink Sting, one of its global brands, across organized retail outlets in India. This is the second attempt by PepsiCo to crack the energy

Allied Industry
Beverages startup raises $6 M funds

Beverages startup raises $6 M funds

A Mumbai based startup, Rakyan Beverages Pvt. Ltd. that sells cold-pressed juices under the RAW Pressery brand, has raised Rs 40 crore ($6 million) from its existing investors.   Venture capital firms DSG Consumer Partners,

Allied Industry
Inner Being looks out for product expansion

Inner Being looks out for product expansion

Nutrition food products manufacturer Inner Being, which manufactures millets and Quinoa based value added items, is looking to expand its products in Bengaluru, Mumbai and Dubai after its successful launch in Hyderabad. The company is

Allied Industry
Sazerac Company enters Indian market

Sazerac Company enters Indian market

The Sazerac Co has recently purchased of a stake in India spirits producer John Distilleries. The US-headquartered alcoholic beverages company has acquired the holding for an undisclosed sum from Gaja Capital, which will continue to

Allied Industry
LT Foods plans out a new plant in the US

LT Foods plans out a new plant in the US

LT Foods, the leading basmati rice company, has set up a plant in the US for ready-to-heat organic rice with an investment of $ 5 million as it seeks to tap the huge market for

Allied Industry
French food catering firm plans investment in India

French food catering firm plans investment in India

A French food catering and support services provider, Elior India Catering LLP is considering a buyout with three companies as it plans to expand its footprint by building centralised kitchens and paring costs using technology.

Allied Industry
Hamdard and Barista bring new refreshments together

Hamdard and Barista bring new refreshments together

The iconic FMCG Company Hamdard’s flagship brand RoohAfza strikes a nutritious partnership with Barista Coffee Company.   Hamdard has launched two exciting cold beverages, RoohAfza Shakerato and Masaaala RoohAfza recently. This move comes post the

Allied Industry
Danone India announces the launch of Protinex Bytes

Danone India announces the launch of Protinex Bytes

Danone India, part of a leading global food company Danone, which has a mission ‘to bring health through food to as many people as possible’, announced the launch of Protinex Bytes, a specially formulated protein