PepsiCo acquires Karinto snack business in Peru
PURCHASE, N.Y. PepsiCo announced that it has acquired leading Peruvian snack business Karinto S.A.C., maker of Peru’s top-selling corn chips, Los Cuates, as well as a popular line of nuts and seeds.
“The Karinto brands span a broad array of snack foods, offering consumers a variety of convenient choices, from tasty treats to healthy options,” said Olivier Weber, president of South America Foods for PepsiCo. “Strategically, we continue to strengthen our core snacks business as we extend our presence in healthy, macrosnack occasions, two of our global food growth priorities. These products are a perfect complement to PepsiCo’s portfolio in the region. The strength of the brands and the quality of people who make and sell them represent fuel for growth in an important emerging market — a powerful combination.”
The addition of Karinto’s snacks reflects PepsiCo’s ongoing commitment to transform its portfolio to include a wide range of products. This transaction also reflects PepsiCo’s long-term commitment to invest in South America. It follows the recent acquisition of Brazilian snack company Comercio de Doces Lucky Ltda., maker of the popular brands Torcida and Fofura.
Fanta introduces new formula and packaging of beverages
ATLANTA Coca-Cola’s Fanta beverage line is undergoing a make-over.
The company announced Thursday that Fanta will feature 100% natural flavors and a bold new look in its packaging that includes vibrant packaging with colorful illustrations and contemporary graphics.
Both the new formulation and look for Fanta will roll out in the United States this month.
The Fanta brand offers an assortment of bold, tantalizing flavors that are caffeine-free. Fanta Orange is the latest member of Coca-Cola North America’s portfolio of sparkling beverages to feature 100% natural flavors, joining Coca-Cola and Sprite. By summer’s end, two other products of the Fanta line will be available with 100% natural flavors – Fanta Apple and Fanta Grapefruit.
“The introduction of this new formulation and the new look of the Fanta line are part of our ongoing efforts to reinvigorate the sparkling beverage category in the U.S.,” said Santiago Blanco, VP Sprite and flavors, Coca-Cola North America.
Fanta Orange is available in multiple retail and convenience channels nationwide, in 12-ounce-cans, 20-ounce bottles, two-liter bottles and multi-packs.
Meijer rolls out new branded natural foods line
GRAND RAPIDS, Mich. Two years after introducing its successful organic line of products, Midwest grocer Meijer is set to unveil another health-focused brand that does not contain any artificial ingredients or additives.
Meijer Naturals, which will begin appearing on store shelves April 19, was created to provide a healthy and tasty alternative for customers who seek wholesome foods that are minimally processed and contain nothing artificial.
“Meijer Naturals is a natural fit for us, and a great fit for those who lead a smart and active lifestyle where healthy living and eating are paramount,” said Ralph Fischer, group VP foods at Meijer. “This is an exciting brand that we feel today’s shopper will embrace given that it’s delicious, wholesome and a great value.”
With 75 different items comprising its product lineup, Meijer Naturals is a sister brand to Meijer Organics. Positioned as a natural alternative to processed mainstream products, the new brand will include everything from snacks and sauces to desserts and beverages.
This health-oriented brand contains no genetically modified organisms, no high fructose corn syrup or artificial sweeteners, no added hydrogenated oils or trans fats, no artificial food colorings or flavorings, and no artificial preservatives.
A sampling of some of the products that fall under the Meijer Naturals brand include Chocolate Chip Pancake Mix, White Cheddar Popcorn, Roasted & Salted Almonds, Ketchup, Apple Sauce, Pomegranate Juice, Triple Chocolate Chip & Key Lime White Chocolate Chip Cookies, Multi- Grain Crackers, Tomato Sauce and Corn & Bean Mild Salsa.
“We‘re committed to helping our customers and their families eat healthier, and Meijer Naturals is certainly a smart choice,” said Shari Steinbach, Healthy Living manager at Meijer. “Coupled with our Meijer Organics line, this new product furthers our reputation as the pre-eminent health and wellness brand among grocers.”
Meijer is a Grand Rapids, Mich.-based retailer that operates 185 supercenters throughout Michigan, Ohio, Indiana, Illinois, and Kentucky.