by Admin | Jun 4, 2020 | News & Updates
PepsiCo appointed Wern-Yuen Tan as CEO of its Asia Pacific, Australia, New Zealand and China (APAC) business, effective 15 June. Tan will be based in Singapore and will oversee all of PepsiCo’s operations in the APAC region. Most recently, Tan has served as president...
by Admin | Jun 3, 2020 | News & Updates
The Hershey Company has committed to 100% direct-sourced cocoa in high-ask areas by 2025, as part of an expansion to its sustainable cocoa programme. Hershey’s new commitment will include all of its cocoa sourced by its suppliers from Cote d’Ivoire and Ghana and...
by Admin | Jun 3, 2020 | News & Updates
Orkla Foods Sveridge, has agreed to acquire the breakfast cereal brand Havrefras from Pepsico, as it aims to strengthen its healthy portfolio. First launched in 1959, the Havrefras brand has been part of PepsiCo since the company’s acquisition of The Quaker Oats...
by Admin | Jun 3, 2020 | News & Updates
ITC’s Aashirvaad Svasti Milk, its fresh dairy portfolio brand, celebrated World Milk Day this year by launching ‘Immunity Song’ for kids in association with Alive India. On June 1, 2020, marking the occasion, the brand has released the song across its digital...
by Admin | Jun 2, 2020 | News & Updates
Imperfect Foods has raised $72 million in a Series C funding round, to expand its salvage and grocery delivery operations for aesthetically imperfect produce. Founded in 2015, the San Francisco-headquartered company aims to reduce food waste by ‘rescuing’ imperfect or...
by Admin | Jun 2, 2020 | News & Updates
Edible alcohol company Ethyl Ambrosia has raised $450,000 in its first funding round, led by private equity firm Third Craft. Based in Austin, Texas, Ethyl Ambrosia produces alcoholic shelf-stable gel bites, in wine- and cocktail-inspired flavours, such as Rosé,...
