Unilever to more than double its water purification business via acquisition
SHANGHAI, LONDON and ROTTERDAM — Unilever has acquired a majority stake in the Qinyuan Group, a Chinese water purification business — marking Unilever’s largest acquisition in China for more than 10 years.
Financial terms of the deal were not disclosed. Qinyuan generated sales approaching €140 million for the 12-month period Dec. 31.
“We are delighted to be making this strategic investment — a majority stake in Qinyuan — our biggest acquisition in China for more than 10 years. Unilever has been building a global water purification business with Pureit, a very effective, affordable water purification device, already present in several countries in South Asia, South East Asia, Latin America and Africa. This deal will more than double the size of our water purification business and will bring together complementary technology from Pureit and Qinyuan and leverage Qinyuan’s local marketing insight, manufacturing and distribution strength — all under the Unilever umbrella,” stated Unilever CEO Paul Polman.
The Unilever Pureit purifiers and the current Qinyuan product range offer different and complementary performance and price points and will enable the combined business to offer a complete range of products.
The water purification market has been growing rapidly in China — more than 20% per annum over the last three years. Under the Unilever Sustainable Living Plan, the company aims to make safe drinking water available and affordable to people across the world. Since its launch in 2005, 45 million people have gained access to safe drinking water from Pureit.
Talenti’s new gelato celebrates classic desserts
MINNEAPOLIS — Talenti Gelato & Sorbetto announced the launch of three new gelato flavors which are inspired by classic American desserts. The new additions — Caramel Apple Pie, Fudge Brownie and Raspberries & Cream — are currently rolling out to retailers across the nation.
"We know our fans love the comforting flavors of classic American desserts, so we wanted to give them a new way to enjoy their favorite classics with a special Talenti twist," said Josh Hochschuler, founder of Talenti. "With the introduction of these new gelato flavors, we continue to uphold our commitment to making the best quality and best tasting gelatos in the freezer aisle."
The new flavors include:
- Caramel Apple Pie, made with real cinnamon sticks, Red Delicious apple pieces, pie crust and a caramel swirl;
- Fudge Brownie, which combines Talenti’s extra dark chocolate gelato with chunks of baked brownie and a swirl of dark fudge; and
- Raspberries & Cream, which takes Talenti’s sweet cream gelator and combines it with pieces of fresh raspberries and a tart raspberry and balsamic ripple.
Talenti’s new gelato flavors are available at major retailers for a suggested retail price of $4.99 to $5.99.
Blue Diamond introduces honey to the mix
SACRAMENTO, Calif. — Blue Diamond Growers, an almond processing and marketing company, last week announced a new line of honey-flavored products across the Snack Almonds, Nut Thins and Almond Breeze brands. The line combines the sweetness of honey with different flavors to create a satisfying snack, the company said.
The new products include:
- Snack Almonds in Honey Roasted, Honey Roasted Vanilla, Honey Roasted Cinnamon and Honey Roasted Chipotle flavors;
- Blue Diamond’s Honey Cinnamon and Honey Mustard Nut Thins; and
- Almond Breeze Almond Milk in two flavors, Hint of Honey and Honey Vanilla, both of which are available in refrigerated and shelf stable cartons.
“Honey is growing in popularity as a great natural alternative to sugar,” said Al Greenlee, director of marketing at Blue Diamond Growers. “Honey’s sweet, yet understated flavor adds complexity to any meal or snack. We’ve incorporated honey flavors into everything from Snack Almonds to Almond Breeze Almond Milk.”