Home grown diversified firm, Bennet & Bernard with majority business interest in eco luxury real estate, hospitality and gastronomy has announced its foray into FMCG space with the launch of cold cuts under the banner of Artisan Deli in Goa market. Bennet & Bernard have launched a range of eleven crafted chicken and pork cold cuts, which will be available at all the leading supermarkets across Goa.
Artisan Deli has evolved from the need to produce processed meats that stand a class apart purely based on their flavour, the quality of the ingredients and their presentation. Bennet & Bernard Group will soon go pan India with this brand and is focused on creating an exclusive range of processed foods in India and global markets with manufacturing units in multiple cities across the country. The company currently runs two business units: Bennet & Bernard custom homes Pvt Ltd & Bennet & Bernard Gastronomy hospitality Pvt Ltd.
Commenting on the launch, Lincoln Bennet Rodrigues, Founder and Chairman, Bennet & Bernard Group said, “Artisan Deli is personal to me. I’ve partnered with my team of seasoned restaurateurs who have been in the industry for the past few years in developing the recipes of Artisan Deli. We believe that our cold cuts would meet international quality standards as well as be a healthy alternative for our consumers. For this very reason we completely avoid all artificial colour or flavour, any added MSG or hormones. We provide options for nitrite free and some of our products are completely gluten free. Finally, we incorporate exquisite packaging and easy availability of these products alongside great line-up of more Artisan Deli products”.
Talking about company’s ambitious plans in the FMCG segment, Lindsay Bernard Rodrigues, Co-owner and Director, Bennet & Bernard Group added, “We have got some very interesting new products in the space of healthy food and snacking ready for launch in the near future. With this launch, we aim to drive the next wave of growth for our group. We are also planning to bring international products to Indian market. Our aim is to create a unique source of competitive advantage through diversity of the businesses and create new opportunities for growth. We are also looking at possible acquisitions, both in the country and in the global market to grow rapidly. We also recently made an international acquisition with the start of business in Portugal.”
FMCG major Dabur India has confirmed to have confirmed the acquisition of two South Africa-based companies D&A Cosmetics Proprietary Ltd and Atlanta Body & Health Products Proprietary Ltd, through its subsidiary.
Last year the company had claimed the acquisition of the two personal care products companies in South Africa for a total cash consideration of 50 million rands (about Rs 25 crore).
In a stock exchange filing, Dabur India said its wholly-owned subsidiary Dermoviva Skin Essentials Inc has acquired 100 per cent share capital of the companies. Both the companies have become step down wholly owned subsidiary companies of Dabur India Ltd.
In 2016, Dabur had acquired a South Africa-based Discaria Trading (PTY) Ltd.
In April last year, the company had announced the completion of the acquisition of personal, hair care and creams businesses of South Africa based-CTL group of companies valued at USD 1.5 million (Rs 10 crore).
As per the last year's announcement, while D&A Cosmetics is acquired at a cost of 4,79,40,000 Rands (around Rs 24 crore), Atlanta Body and Health Products' acquisition cost was 20,60,000 Rands (over Rs 1 crore).
Shares of Dabur India were trading 2.01 per cent up at Rs 343.35 on BSE.
Cremica Food Industries, one of the largest FMCG firm in India is targeting Rs 1,000 crore turnover by 2020 by expanding its product range and distribution reach.
"We are aiming at Rs 1,000 crore turnovers by 2020. We are looking at entering new product categories and also increase out distribution reach," shared Akshay Bector, MD and Chairman, Cremica Food Industries.
The company is looking at expanding its distribution reach to 1,00,000 outlets in three years from 15,000 at present.
To expand manufacturing capacity, the company plans to invest Rs 200 crore in the next three years to set up a food park and manufacturing plant in Himachal Pradesh.
"This plant is expected to begin operation in the next fiscal," added Bector.
Cremica is also looking at entering new categories such as mayonnaise, jams and ketchups.
"After test marketing for a few months we are ready to launch mayonnaise, jams and ketchups in the Indian market later this year," Bector added further.
Cremica gets 35 per cent of its total sales from institutional clients which include McDonald's, Taj Group, Subway, Domino's Pizza, PVR, Starbucks, Big Bazaar, Barista, Cafe Coffee Day and Papa John's.
Cremica's product range includes chips, sauces, sandwich mayonnaise, salad dressings and syrups.
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