FMCG Newsletter – August 14 to August 18, 2017

This Week, “Mars Food has inked a definitive agreement to acquire Preferred Brands International, a US-based manufacturer and marketer of Asian food products sold primarily under the Tasty Bite brand.”

Aug 19, 2017 07:08 IST India Infoline News Service

Top News
 
Govt warns ITC, Philip Morris of punitive action
 
The government has warned tobacco majors, ITC and Philip Morris International Inc with 'punitive action' over their  alleged violation of the country's anti-smoking laws in a letter sent to the company by the health ministry, reported a leading news agency.Read more
 
Mars Food to acquire Tasty Bite’s parent firm
 
Mars Food has inked a definitive agreement to acquire Preferred Brands International, a US-based manufacturer and marketer of Asian food products sold primarily under the Tasty Bite brand. Read more
 
Tata Global Beverages’ Himalayan to foray into US market
 
Tata Global Beverages’ (TGB) premium natural mineral water brand ‘Himalayan’, will now enter the US market in a phased manner, through an agreement signed by its subsidiary with Talking Rain Beverage Company to distribute and market the brand. Read more

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