Kirin’s Australasian unit Lion has acquired New Zealand brand Teza Iced Teas in a move to grow its non-alcoholic beverage portfolio. Sitting alongside Lion New Zealand’s brands Höpt soda and Mac’s soft drinks, Teza will join the firm’s non-alcoholic division Drinks Collective,
Westland Milk Products has signed an agreement to sell the co-operative to China’s Yili for NZD 588 million ($403 million). The proposed deal will see the New Zealand dairy company be bought by Hongkong Jingang Trade Holding, a wholly owned subsidiary of
