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  • 2018
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Month: January 2018

Unilever urges FMCG industry to tackle ocean plastic wastes

January 31, 2018February 2, 2018 Food Business Africa

UK – Unilever has called for the consumer goods industry to step-up its efforts to tackle the mounting challenge of ocean plastic waste and create a circular economy for plastics. CEO Paul Polman confirmed that […]

Leave a commentWORLD NEWSpackaging, regulatory, sustainability, Unilever

Arla announces US$655.8m investment plans towards its 2020 growth ambition

January 31, 2018January 31, 2018 Food Business Africa

UK – Arla Foods, the farmer-owned dairy cooperative has announced a plan to invest US$655.8 million in 2018 as it continues to deliver on its 2020 growth ambition. The executive management’s decision to significantly increase […]

Leave a commentWORLD NEWSArla, dairy, investments, UK

Nestle releases new line of premium chocolate bars in the UK

January 31, 2018February 2, 2018 Food Business Africa

UK – Nestle UK has released a new line of posh chocolate bars, Les Recettes De L’Atelier chocolate bars, which will cost up to three times the price of the standard Dairy Milk. According to […]

Leave a commentWORLD NEWSconfectionery, Nestle, new products, UK

Cargill partners with Faccenda to launch a new poultry venture Avara Foods

January 30, 2018February 1, 2018 Food Business Africa

UK – Cargill’s fresh chicken unit in the UK has partnered with Faccenda, a supplier of fresh chicken, turkey and duck to launch a new poultry venture, Avara Foods As part of the agreement, each […]

Leave a commentWORLD NEWSAvara Foods, Cargill, Faccenda, investments, M&A, UK

Cargill partners with Danish firm to invest in potato starch production facility

January 30, 2018February 1, 2018 Food Business Africa

DENMARK – Cargill, in a joint venture with AKV Langholt AmbA, has invested US$22.5 million in a new potato starch production unit at Langholt facility in Denmark. According to the company, the operation of the […]

Leave a commentWORLD NEWSAKV Langholt AmbA, Cargill, Denmark, investments, M&A

Cargill opens first fish feed plant in India

January 30, 2018February 1, 2018 Food Business Africa

INDIA – Cargill, an American business that deals with grain and other agricultural commodities, has opened its first feed mill acquired in India. The plant, acquired from Mulpuri Foods & Feeds shows the commitment company […]

1 CommentWORLD NEWSCargill, fish, India, investments

Tyson Foods acquires minority stake in cultured meat producer Memphis

January 30, 2018February 1, 2018 Food Business Africa

USA – Meat producer Tyson Foods has acquired a minority stake in Memphis Meats, producer of cultured meats to address the increasing demand for protein around the globe. The acquisition will see an expansion of […]

Leave a commentWORLD NEWSM&A, meat, Memphis, Tyson Foods, USA

Mounting losses at Seven-Up lead to ₦10.3bn loss in nine months

January 30, 2018February 1, 2018 Food Business Africa

NIGERIA – Seven-Up Bottling Company Plc (“SBC”) reported its nine months results on Tuesday, with the ailing company posting a net loss of ₦10.3bn, a 113% increase from the ₦4.8bn loss it recorded in the […]

Leave a commentAFRICAN NEWSbeer, financials, Nigeria, Seven Up

Guinness Nigeria posts 19% rise in half-year sales

January 30, 2018February 1, 2018 Food Business Africa

NIGERIA – Guinness Nigeria Plc said on Tuesday that half-year sales for the 2017/18 financial year through 31 December 2017 grew 18.6% to ₦70.6bn from ₦60bn in the same period in 2016. The company behind […]

Leave a commentAFRICAN NEWSbeer, financials, Guiness, Nigeria

BBF acquires Greencore PLC’s Cake and Desserts manufacturing facility

January 30, 2018February 1, 2018 Food Business Africa

UK – Bright Blue Foods Limited, manufacturer of a wide range of quality cakes has announced that it has reached an agreement to acquire the cake and dessert manufacturing facility in Hull from Greencore PLC. […]

Leave a commentWORLD NEWSBBF, Greencore, M&A, manufacturing

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