Monthly Archives: November 2015

FrieslandCampina WAMCO Introduces ‘Peak Wazobia’ and other Low Unit Portion Packs

FrieslandCampina WAMCO, a leading dairy manufacturer in Nigeria and maker of Peak milk, Three Crowns milk and other brands has launched ‘Peak Wazobia’, a variant of the iconic brand to mark its 60th anniversary in Nigeria and also to provide more choices to consumers. Also unveiled were other low unit portion packs (LUPP) to give more options to consumers.

Speaking to the media at the company’s head office in Ikeja, Lagos, the Managing Director of FrieslandCampina WAMCO, Mr. Rahul Colaco, said that the initiative is positioned to help manage the growing incidences of malnutrition across the country as the product offerings come at affordable prices and are same premium quality as the big size packs.

Italy overtakes France to lead world in wine production

grapes

Italy has overtaken France to lead the world in wine production at 50.37 million hectoliters harvest in 2015-16, according to data compiled by the European Union Department for Rural Affairs and Agriculture, which keeps track of wine production estimates for all 28 member states of the EU through September 2016.

FrieslandCampina WAMCO launches Dairy Development Programme to source locally produced milk

FrieslandCampina WAMCO, a leading dairy producer in the country and maker of such milk brands as Peak, Three Crowns Milk and Friso, among others has launched a Dairy Development Programme (DDP) in Shonga Dairy Farms, Kwara State, to harness and source locally produced raw milk in Nigeria.

South Africa’s Nampak plans bottle factory in Nigeria, Ethiopia

Nampak, a South African glass maker of beverage cans and bottles plans to open glass bottle factories in Nigeria and Ethiopia at a cost of $155 million. The company said it is part of a strategy to generate half of its profits outside of its home market in five years.

Nampak has been expanding outside of its home market due to weaker consumer demand.

Guinness shareholders approve N5bn dividend

A dividend of N4.8bn has been approved by shareholders of Guinness Nigeria Plc, a subsidiary of Diageo Plc, for the period ended June 30, 2015 with a pledge by the board and management to maintain sustainable growth for the business through good business strategies and quality products.

Moderate intake of beer is good for cardiovascular health, says scientists and nutritionists

Drinking beer in moderation is good for cardiovascular health, says Dr. Henk Hendricks, a biologist and project leader in the Institute for Food and Nutrition in the Netherlands.

At a beer and lifestyle symposium sponsored by Nigerian Breweries and held in Lagos on Tuesday, Dr. Hendricks noted that all causes of cardiovascular diseases are beneficially impacted when beer is consumed in moderation. These effects, he added, have been observed in all age groups and genders (young and old, men and women).

AB InBev likely to centralize combined company’s structure, says analysts

The merger of the world’s two largest beer companies, AB InBev and SABMiller would likely bring about a more centralized and standardized operating model than a SABMiller culture that fostered regional independence, according to industry analysts.

Guinness Nigeria To Increase Local Content Usage By 75%

Guinness Nigeria Plc has said that by 2018, three-quarters of materials and products would be developed from Nigerian sources.

This plan is coming as the Nigerian subsidiary of Diageo Plc moves to deepen its Nigerian root and drive growths with Nigeria-based innovations and resources.

Nigerian Breweries, UNIDO partner to protect resources

The Nigeria Breweries Plc, in partnership with United Nation Industrial Development Organisation ( UNIDO) has organised a 3-day Stakeholder Workshop on water stewardship in Nigeria.

The workshop which is designed to engage with relevant stakeholders on issues of protecting water resources as well as developing ways to achieve water balance in Nigeria.

Mr. Nicolas Vervelde, the Managing Director, CEO of Nigeria Breweries Plc ‎said, ‎”Nigeria breweries Plc has been driven by a desire to create excellent shared value and contribution towards the development of the society and environment. This is currently evidenced in our long term sustainability strategy tagged Brewing a better World.

Diageo sells French wine company, Bouvet Ladubay in a bid to exit wine market

Diageo, the world’s largest spirit maker has sold its French sparkling wine company, Bouvet Ladubay, a company it inherited when it acquired India’s United Spirits, a unit of UB Group in 2012.

The new buyer is the Monmousseau family, the original owners, through three private-equity firms . The terms of the deal were not disclosed.