Dutch bottler Refresco accelerates buy and build strategy to expand global footprint

NETHERLANDS – Refresco, Netherlands-based beverage bottler has embarked on an aggressive expansion plan seeking to make multiple acquisition in various markets as part of the company’s buy and build strategy aimed at propelling growth and […]

Unilever appoints Nils Andersen as the company’s new chairman

NETHERLANDS – Multinational consumer goods firm, Unilever has named the company’s non-executive director, Nils Andersen as its chairman, effective 13th November 2019. Andersen replaces Marijn Dekkers, who has decided to step down from the position. […]

Namibian meat processor Ohlthaver & List buys majority stake in rival company

NAMIBIA – The Ohlthaver & List Group has acquired a 60% stake in Hartlief Corporation Limited, a meat producer, a move that is in line with the group’s 2025 corporate strategy. This majority stake ownership […]

Dean Foods files for bankruptcy as declining milk consumption impacts performance

USA – Dean Foods, America’s leading milk producer, has filed for bankruptcy protection citing struggles in staying afloat in a market that is experiencing accelerating decline in the conventional white milk category. The DairyPure, TruMoo […]

McDonald’s USA achieves 100% sustainably sourced McCafé coffee goal

USA – McDonald’s USA has announced that 100% of the ground and whole bean coffee for US restaurants is sustainably sourced, achieving the goal a year ahead of the 2020 schedule. McDonald’s said that the […]