1

To accomplish great things, we

must not only act, but also dream,

not only plan, but also believe.

Anatole France

FMCG Newsletter 2 (JuNe’15)

Mergers / Acquisitions 2

One liner updates 3

Platinum Clients 4

New arrival 6

2

WhiteWave Foods has announced the acquisition of Canada-based plant-based foods manufacturer Vega. The Alpro owner said

it had acquired Vega for approximately US$550m.

US-based Compass Diversified Holdings has entered into a deal to buy Canada's Fresh Hemp Foods, which manufactures

Manitoba Harvest hemp-based foods.

Private-equity firm Permira is to buy US snacks firms Medora Snacks and Ideal Snacks Holding.

Campbell Soup Co. has again moved to buy a US fresh foods business, striking a deal to acquire salsa-to-houmous maker Garden

Fresh Gourmet for US$231m.

US-based Compass Diversified Holdings has entered into a deal to buy Canada's Fresh Hemp Foods, which manufactures

Manitoba Harvest hemp-based foods.

Hormel Foods has entered an agreement to acquire US organic meat group Applegate Farms for around US$775m.

International Flavors & Fragrances (IFF), a leading global creator of flavours and fragrances, is expanding into cosmetics

ingredients with the acquisition of Lucas Meyer Cosmetics, a business of Unipex Group. IFF has made a binding offer of

approximately 283 million euros.

Barry Callebaut has acquired nut producer American Almond Products Co

Danone-backed Kenyan dairy company Brookside Dairy has acquired Ugandan dairy company Sameer Agriculture and Livestock

Limited.

Cargill has completed the acquisition of Zamanita, the soybean crushing and oil refining subsidiary of UK-listed Zambeef.

3

Fresh Del Monte Produce has launched its Fresh Market retail concept in Saudi Arabia in a bid to tap into growing demand

for healthy food-to-go options in the market.

Finnish food group Raisio is launching a cholesterol-lowering powdered drink in China under its Benecol brand.

Simplot has launched a pre-prepared frozen meals range - Steam Whole Grains - under the Lean Cuisine brand in Australia.

Spanish dairy group Corporación Alimentaria Peñasanta has developed milk it claims will help improve digestion for

children.

General Mills announced the launch of the Yoplait yoghurt brand in China.

UK cereal brand Weetabix is rolling out a "high-protein" cereal product in its domestic market.

Dr Schar has announced a rebranding of its DS Gluten Free portfolio in the UK and added products to its local portfolio.

Japanese snacks group Calbee has announced the identity of the first product to be made under its UK-based European

arm.

US confectioner Jelly Belly Candy Co. is planning to add organic products to its range on sale in North America.

Hershey is expanding its Reese's offering in Canada with the launch of Reese Snacksters, a line the company bills as a more

portable snacking option.

Kerry Food, part of Kerry Group, has launched a meat snack aimed at "adults on the go" under its Mattessons brand.

4

Unilever as extended is Kissan ketchup brand in India

with the launch of Kissan Twists, a line aimed at

"homemakers with older kids". The company said the

range brings together "spicier" and "more exciting"

flavours. New products include a Kissan Sweet & Spicy

Twist ketchup and a Kissan Chilli Tomato Twist.

Coinciding with the launch, the Kissan brand has

entered a tie-up with Pizza Hut to introduce "the

ultimate big pizza: spiced by Kissan Twist". The pizza will

be available at Pizza Hut restaurants for a limited time.

Quaker Oats is launching three new ranges. Oat Granola, Warm & Crunchy Oat Clusters, and Wholesome Crunch Granola. The new formats have been designed to create excitement around the granola category and are available in a variety of flavours. Quaker Oats Oat Granola will be available in: Raisin, Apples & Cinnamon, and Honey & Almond flavours. Quaker Oats Warm & Crunchy Oat Clusters will be available in Apples & Cinnamon, Golden Crunch, and Cranberry & Apple. Quaker Oats Wholesome Crunch will be available in Pecan & Brazil Nuts, and Goji & Blueberry flavours.

Mars Inc. has added a lactose-free variant to its ready-to-drink milkshake range in the UK.

Mondelēz plans to launch its Trident brand in China as its gum business returns to growth after a long slump.

5

Cadbury Dairy Milk has announced the return of its popular Cadbury

Dairy Milk Strawberries & Crème. Available to order now, the

limited edition 120g tablet combines delicious Cadbury Dairy Milk

with a creamy and fresh tasting strawberry filling to create unique

and intriguing experience to share. Cadbury Dairy Milk Strawberries

and Crème was launched in summer 2013 and returned in 2014 due

to popular demand. This year, the product aims to build on this

strong performance and help drive incremental sales in the summer

months once again.

Nestle is adding a range of new "healthier" products under its frozen Stouffer's brand.

PepsiCo is to launch a new range of "craft" sodas into the US foodservice channel as it ups its focus on smaller-scale brands.

Unilever has given its Vaseline moisturizing spray trio a makeover to bring

it in line with the brand’s core healing message. The updated range is

rolling out now featuring Vaseline’s intensive care strap- replacing the

original ‘Spray & Go’ name, alongside a new formula that contains

droplets of the brand’s original petroleum jelly. Introduced across the

three aero style sprays- Essential Healing, Aloe Soothe, and Cocoa

Radiant- the new formula had been developed to tap demand for ‘quick

and easy moisturizing products’.

6

Bonds Confectionery has begun rolling

out priced-marked packaging on its £1

Sweet Shop range; a popular category

amongst mid-size convenience

multiples and independent retailers due

to its variety, fantastic price point and

all year round appeal. The new priced-

marked packaging will appear on sweet

shop favourites such as Chocolate

Raisins, Chocolate Limes and Mint

Imperials.

The luxury perfumer has unveiled its latest

unisex fragrance, Aqua Vitae Forte, an

olfactory creation available for purchase as

of August 15. Aqua Vitae Forte eau de

parfum, a floral-citrusy-woody scent, opens

on notes of mandarin from Sicily and

bergamot and lemon from Calabria, to

which are added a trio of spices composed

of Ceylon cinnamon, Guatemalan

cardamom and pink Szechuan pepper.

Kettle Chips is introducing a new

seasoning to its range of premium

hand cooked chips Crispy Bacon &

Maple Syrup its first offering made

with real meat. As an iconic brand

Kettle Chips can help retailers to

capitalise on consumer trends

towards better quality snacking

options with no artificial ingredients

or added MSG.

Phileas Fogg is helping convenience and

independent retailers unlock additional

crisps and snacks sales by introducing

its best-selling American Style Bubble

Chips variant in a £1 price-marked pack

(PMP) format. Available from July in

90g sharing bags, Phileas Fogg

American Style Bubble Chips are twice

cooked for a light but satisfying crunch,

with a tantalising Louisiana Sweet &

Smokey BBQ flavour.

7

This June, Ugly, a range of unsweet, naturally infused waters will launch into

the UK market. The four-strong range has been designed to offer consumers a

drink that not only offers taste but has nothing to hide; it’s just spring water

with a splash of flavor. The brand has secured an initial listing with Selfridges,

from 9th June, and will then be rolled out across key London retailers.

Distributor Arden Fine Foods has added a range of bite sized

Continental biscuits to its portfolio. The eight strong Petites

range will be rolled into Waitrose from the beginning of next

month, and comprises Mini Toffee Waffles, Chocolate Pastry

Rolls and Fig Pastry Rolls from Holland alongside Butter Puff

Pastry Sweethearts from Switzerland and Florentine Clusters

from Germany. A trio of flavoured Macaroons from Italy

completes the lineup, which will be priced from £1.49.

Shloer is launching its

latest limited edition

flavour, the Strawberry

Punch. Synonymous with

the Great British

summer, the punch is

packed with

strawberries, hints of

peach and white grape.

Riso Gallo has launched new Risotto Box,

an authentic Italian Risotto in distinctive

street food-style packaging. The Risotto

Boxes are available now in Chicken and

Mushroom flavor and three Cheese and

Vegetable varieties, with an rrp of £2.

The portable snack or light meal takes

just 90 seconds to cook in a microwave

and requires no other added ingredients.

Pastry manufacturer Pidy has

launched six new products in to

the retail market. Available now,

the new packs consist of six pastry

products including profiteroles, a

22cm sweet pastry cases, 12 mini

cocktail shells, 12 mini vol au

vents, nine neutral pastry cases

and nine pastry cases.

8

Sacla has announced the launch of its

new Pesto Shots, available in an easy-to-

open mini pot format with each sleeve

containing four 45g pots of Classic Basil

Pesto.

Bioderma has launched a new skin care range designed to treat and visibly reduce the appearance

of brown spots. The range includes White Objective H2O (£11), White Objective Fluid (£16.50),

White Objective Moussant (£17) and White Objective Sérum (£23). The White Objective range

contains Bioderma’s WO patent – a combination of active ingredients that act on the main

biological mechanisms responsible for pigmentation, according to the brand – and is out now.

United Biscuits has relaunched its popular McVitie’s

Breakfast range and added two new varieties – Oaty

Breaks and Fruit & Oat Bakes. Packs of Oaty Breaks have

an RRP of £2.29 and the RRP for Oat Bakes is £1.99. These

new additions will offer hearty and delicious choices to

help them kick-start their day. Both are available in handy

portion packs sizes which are great for eating on the go.

Sunlover nutri-cosmetic beverage launches in the

UK. New beverage, Sunlover, is designed to

increases the body’s defences and avoid the

accelerated ageing of the skin. This drink is rich in

vitamins, minerals and antioxidants which are

essential for maintaining the skin’s structure. Its

active formula, with 0 calories, 0% sugars and no

energy components, regenerates and protects the

skin inside and out, therefore avoiding its

premature ageing and preventing wrinkles.

9

Cheesemaker the Wensleydale

Creamery has taken its first steps

into yoghurt with a new range of

luxury ‘Yorkshire Yoghurts’. From

8th June, the range has a regional

listing in Asda and independents

and will be positioned alongside

Greek style, premium and layered

yoghurts.

Energizer has taken steps to reduce the environment impact of batteries- launching what it claims is the world’s first high performance

cells made with recycled batteries. The supplier’s Energizer EcoAdvanced, rolling out this month, contains only 4% recycled material but

Energizer plans to increase this to 40% within 10 years.

Rachel’s, the premium organic dairy brand, has unveiled its first packaging

redesign in five years across the full range including its big and small pots,

Divine Rice and Divine Desserts. Keeping the signature black & white

colour pallet associated with Rachel’s, the new simplified packaging,

designed by branding agency Parker Williams, showcases the brands food

credentials using eye-catching photography and coloured roundels, yet

continuing to proudly reinforce its Organic status. The refresh also marks

the return of Rachel Rowlands on pack, with the brand’s founder speaking

passionately about individual flavours and explaining why her recipes are

so special. The latest refresh will roll out in-store across the range from

June, as part of a wider marketing strategy.

10

ZooT is a new range of healthy

snack bars launching in 2015.

Featuring nine different fruit and

nut bars split into three distinct

ranges, ZooT is designed

specifically to give consumers the

snack they need for their lifestyle.

Gluten free, a great source of

fiber and suitable for Vegetarians,

this low calorie bar is designed for

a mid-morning snack attack.

Chocolatier Elizabeth Shaw has launched a range

of bite sized treats alongside ‘more

contemporary’ packaging in a bid to appeal to

younger consumers. The Bites range, rolling into

Sainsbury’s nationwide from the 29 June,

comprises 3 flavors, cappuccino, almond and

raspberry, each topped with freeze dried cocoa,

caramelized almond or raspberry sprinkles (rsp:

£2.50). The trio debuts a bright and bold new

look that hailed a new era for the brand.

Emma Hardie has added an SPF product to its skin care range. Protect & Prime SPF 30 (RRP

£45) promises skin priming and anti-ageing along with protection from UVB and UVA rays.

Kiss Cosmetics has launched a new volumising and lengthening mascara, Volumetric Lust

(£9). The mascara, which comes in black, features a conical-shaped brush that ensures

lashes are defined and lengthened, the space between the turns on the brush head provides

good product deposit and distribution that helps to thicken and add volume to lashes.

Warburtons is set to launch of cat and van shaped bread Thins.

Rolling out from 15 June, Warburtons Shapes will initially be

available in Asda and Waitrose stores nationwide. They carry a

£1.28 rsp for a pack of size, and will be offered on introductory

price promotions after roll out.