Nestle teams up with regional partners to launch youth-focused initiative in Africa

AFRICA – The multinational food and drink processing conglomerate corporation, Nestle in partnership with its regional partners has launched the Regional Alliance for YOUth in Sub-Saharan Africa. This joint effort is part of the company’s […]

AgriProtein set for global expansion with new facilities in the US and Europe

SOUTH AFRICA – AgriProtein, the world’s first industrial-scale maggot farm based on organic waste, is set for a global expansion as it plans to open a plant in Jurupa Valley, California in 2020, aimed to […]

USDA, EPA and FDA announce new partnership with the Food Waste Reduction Alliance

USA – The U.S. Department of Agriculture (USDA), the U.S. Environmental Protection Agency (EPA), and the U.S. Food and Drug Administration (FDA) have partnered with the Food Waste Reduction Alliance in renewed efforts to combat […]

Carlsberg to acquire Cambrew as craft & speciality beers push third quarter revenues up by 5.3%

DENMARK – Carlsberg has signed an agreement to acquire the remaining 25% of Cambodian brewer, Cambrew one of the largest breweries in the country for an undisclosed sum. The Danish brewer unveiled the deal during […]

Nutreco to acquire Cargill’s compound feed business in Portugal

PORTUGAL – Nutreco, an animal nutrition and aquafeed company has signed an agreement to acquire Cargill’s compound feed business in Portugal, for an undisclosed amount. Once the deal is completed, the business will become part […]

Molson Coors restructures to streamline operations after posting weaker Q3 results

CANADA – Molson Coors Brewing Company, has unveiled a company-wide restructuring strategy aimed at streamlining the brewers operations and rejuvenate its growth after further diving into a loss during its latest quarter. The Canadian beverage […]

Indian online grocer Grofers raises US$20m in funding from Times Group

INDIA – SoftBank-backed Grofers, an Indian online grocer has raised US$20 million by issuing equity share and a warrant to Bennett Coleman Private Limited (BCCL), also known as Times Group. Times Group has picked up […]