Archives for July 4, 2013

Australia a spirit-based ‘RTD island’ in itself: Gruppo Campari

Gruppo Campari tells BeverageDaily.com that Australia is an historical heartland for spirit-based RTDs as it targets Asia Pacific growth by buying its first dedicated production facilities in the country.

Finance

VKL to get $40m investment to focus fully on Indian QSR supply

Private equity investor India Value Fund Advisors has revealed it will invest US$40m to finance the next phase of growth of a domestic food ingredients company – the latest in a line of QSR suppliers to catch the eye of buyout firms.

Fonterra ‘contacted’ by Chinese authorities probing infant formula prices

Fonterra has been “contacted” by Chinese authorities investigating high infant formula pricing and suspected anti-monopoly law violation by manufacturers, including Nestlé and Danone, in the country.