After US, Amul launch milk in Spain and EU
After making waves in the United States, home-grown dairy giant Amul has now stepped into Europe, launching its fresh milk products in Spain and the European Union (EU). The Gujarat Co-operative Milk Marketing Federation Limited (Amul Fed) announced a strategic partnership with Spain’s premier dairy cooperative, Cooperativa Ganadera del Valle de los Pedroches (COVAP), to bring…
Spain’s Idilia Foods buys 50% of dairy drinks maker Cacaolat
Spain-based Idilia Foods has struck a deal to acquire 50% of local dairy-drinks business Cacaolat from beer giant Damm. The deal, agreed for an undisclosed sum, will see Idilia and Damm “jointly manage” Cacaolat, which markets drinks under its namesake brand, as well as Letona milk and Laccao chocolate milk. The transaction remains subject to…
Shoppers in Spain are buying cheaper and less fresh produce
The cost of inflation is pushing more people in Spain towards buying cheaper private label products instead of better-quality and more expensive fresh produce. Despite the rise in inflation starting to stabilise from the peak of 10.8% reached in July last year to the 3.5% in September this year, the advance CPI for October was…