JAB Holding to raise £8bn from investors

The investment company behind Keurig Dr Pepper, sandwich chain Pret A Manger,  Krispy Kreme Doughnuts,  JAB Holdings, Caribou and Peet’s coffee, Einstein Bros Bagels who are aiming to  raise as much as  £6.5bn ($8bn) from investors to further its multi-year acquisition spree in the consumer sector. The company which manages the fortune of Germany’s billionaire…

Coca-Cola and Corona appears to experiment with cannabis

Coca-Cola known for its eponymous Caffeine-based drink, but the firm now appears to be experimenting with a different drug: cannabis. The drink giant is in talks with local producer Aurora Cannabis about developing marijuana-infused beverages. Although these drinks would not intoxicate customers but supposed to relieve pain. “Along with many others in the beverage industry,…

Rapid expansion of OYO

OYO, a fast-growing Indian hotel chain backed by Softbank, is investing  £1.6bn ($2bn) to triple 25-year-old Ritesh Agrawal, the founder’s stake to 30 percent from 10 per cent  in the  company  while light speed and Sequoia, its US backers partly cash out. The share buyback pushes OYO , the World’s third-largest hotel chain behind InterContinental…

Slug & Lettuce to buy 4000 pubs in £3bn Ei deal

The takeover of the Ei Group will add  4000 new publs to Stonegate Pub company’s ( owner of Slug & Lettuce) 765 existing locations .  Simon Longbottom, CEO of Stonegate is owned by the Cayman Island registered private equity group TDR Capital  said that although the deal  ” slightly dwarfs what we’ve done before  the…

Just Eat Consumes Uber Eats

Just Eat has strengthened its board by poaching  Jambu Palaniappan, ex-head of Uber Eats in Europe, the Middle East and Africa. They hope to satisfy activist investors who say the food delivery firm should be  sold. Online takeaway firm Just Eat’s new executive director Jambu Palaniappan, from Tech Investment firm Atomico, Mike Evans, chairman of…

Snacking and binging with so many superfoods

The Way We Eat Now is an essential reading for all, as this books scans through climate change, shrinking biodiversity, the global rise of agro-industrial food complex and our nutrition and eating habits evolving around diet. The French invented lean cuisine. But now a push for quantity over quality in our food systems and the…

Vodka was invented by Poles

For several centuries beverages differed significantly compared to the vodka of today invented in the 8th century, as the spirit at that time had a different flavour, colour and smell and was used originally as medicine, as it contained very little alcohol about 14 per cent, as this amount can be attained by natural fermentation.…

Unilever trumps Nestle to buy GSK’s Horlicks unit

GlaxoSmithKline has entered into exclusive final negotiations to sell its Indian nutrition business to Unilever ending several months of auction process for the£3.28bn ( $4bn) unit that includes the prized India’s Horlicks malted drink brand. The Anglo-Dutch consumer company beat a rival bid from Swiss food and beverage group Nestle which was eyeing up to…

Rude foods

    A beer belly fanny pack or a Marseille-made bottle of Fanny, a popular pastis aperitif, in a French super market, or cock soup from Iceland supermarket, Vergina beer from Greece Chilly Willy ice lollies are all rude foods and drinks.