Astral commits US$104.7m investment in plant expansion in 3 years

SOUTH AFRICA - Astral Foods, a leading integrated poultry producer has announced plans to invest in plant expansion with more than US$104 million in capital expenditure for the next three years to improve capacity and efficiencies, according to Business Report. Astral CEO Chris Schutte revealed the plans after reporting improved results, a 15% rise in…

Nairobi Bottlers: Investing in new juice plant on the journey to a total beverage company

Nairobi Bottlers Ltd commissioned a new juice manufacturing plant in May 2017, as the company expands its products offering to meet new consumer requirements for healthier beverages. Food Business Africa had a discussion with Duncan Kimani, the Manufacturing Director for Coca-Cola Beverage Africa’s portfolio of companies in Kenya to discuss the importance of this new…

Purple Carrot makes US$4m equity investment from Fresh Del Monte company

USA - Purple Carrot, the first and only 100% plant-based meal kit company, has announced that Fresh Del Monte Produce Inc. has made a US$4 million equity investment in the company. Purple Carrot, which launched in October 2014 out of Levitt's garage, delivers fresh, pre-portioned ingredients nationwide with simple step-by-step guidance for people to cook…

Distell’s restructuring delayed as competition authority demands divestment

SOUTH AFRICA - Distell Group’s planned reorganisation of its control structure is set to delay after the Competition Commission made it clear that the approval was conditional on the Public Investment Corporation (PIC) selling 20% of the 26.8% it acquired in 2016 to a black economic empowerment (BEE) investor. The firm stand by the commission…

Domino’s unveils pizza delivery ‘hotspots’ amidst competition heat-up

USA - Domino’s Pizza Inc, the American pizza restaurant chain has stepped up its pizza delivery system with new delivery ‘hotspots’, giving consumers convenience of picking up their products at set-off points. The initiative allows customers to find the pick-up points with the location services on their smartphones, opening new sales opportunities for the company.…

DanoneWave rebrands to Danone North America, receives B-Corp Certification

FRANCE - DanoneWave, a company merger between Danone and White Wave Foods, the American company for packaged food and beverages has been rebranded to Danone North America. Danone completed the acquisition of White Wave Foods for estimated US$12 billion cash in April last year, combining activities in North America to form DanoneWave. The company also…

Cargill invests US$20m to expand egg processing facility

USA - Cargill has invested US$20 million to expand its Big Lake, Minnesota egg processing facility in a bid to meet increasing customer and consumer demand for a greater variety of cooked egg products. The Big Lake expansion includes capabilities to pasteurize, mix and cook a number of additional egg products for foodservice and protein…

Chr. Hansen expands capacity for natural colors with Banker Wire facility

USA - Chr. Hansen is expanding its production capacity for natural colors as demand rise in the US market with the acquisition of Banker Wire manufacturing facility in Wisconsin, adding to its presence in North America. Expansion means to address a global shift from artificial to natural colors especially for the US consumers who are…

Krispy Kreme enters Nigeria, to invest US$7m in 20 outlets

NIGERIA - Krispy Kreme Doughnut Corporation, an American doughnuts and coffee brand is investing US$7 million in a network of outlets as it begins its journey into the Nigerian food and beverage market, offering 16 different varieties of doughnuts, as well as Nigerian blended coffee. The company says that its expansion into the Nigerian market…

KFC to enter Ethiopia with Kaldi’s coffee chain enterprise as franchisee

ETHIOPIA - The company behind Kaldi’s, Ethiopia’s most recognized coffee shop brand, is set to launch the Kentucky Fried Chicken (KFC) franchise in Ethiopia within a year, The Reporter has learnt. Owned by one-time Ethiopian model, Tseday Asrat and Ethiopian Airlines captain, Elias Ketema, KFC Ethiopia is to complement the brands owned by the duo, including Lori-Agro-Industry…