Unilever to acquire Horlicks and GSK’s nutrition business for US$3.8b

INDIA – The global consumer goods leader, Unilever has agreed to acquire malted drinks brand, Horlicks and other GlaxoSmithKline’s Indian consumer healthcare products in a transaction worth US$3.8 billion (3.3 billion Euros). The transaction will […]

Ghana institute develops new rice and cowpea varieties to boost economy

GHANA – Ghana’s research institutes have developed new rice and cowpea varieties with improved traits that is set to improve the country’s economy by US$160.67 million, reports Ghana News Agency. According to an economic assessment […]

Guinness Nigeria partners FRSC to promote responsible drinking

NIGERIA – Guinness Plc Nigeria in collaboration with the Federal Roads Safety Corps (FRSC) has launched this year’s responsible drinking awareness campaign in Lagos, reports The Guardian. The campaign which comes during the last quarter […]

SA’s packaging group Master Plastics receives better buyout offer

SOUTH AFRICA – Master Plastics, South Africa’s packaging group has received higher buyout offer from its private-equity suitors after facing resistance from a prominent shareholder. According to Business Day report, MCGF II Partnership and MCGF […]

Cargill acquires Colombian poultry products producer Campollo

USA – The global agribusiness company, Cargill has acquired Colombia’s leading chicken and protein products producer Campollo for an undisclosed amount to expand its global poultry business. Campollo which has a strong footprint in Colombia […]

Coca-Cola European Partners to source 100% recycled PET from Loop

UK – Coca-Cola European Partners (CCEP) has announced a definitive supply agreement with Loop Industries, a leading technology innovator in sustainable plastic to source 100% recycled and sustainable PET plastic from a US based joint […]

Kraft Heinz plans Indian ‘come-back’ through distribution partnership

INDIA – Kraft Heinz, which recently divested its Indian consumer brands business plans to take some of its global brands to India and this could be through a distributor partnership in the country. Speaking to […]

Danone, Mars, Ingredion join Givaudan’s new food innovation platform

SWITZERLAND – Global flavors and fragrances leader, Givaudan has launched MISTA, a new innovation platform for the food industry and has received backing from Danone, Mars Inc and Ingredion as its founding members. MISTA is […]

Barry Callebaut forms partnerships for slave-free cocoa sourcing

NETHERLANDS – Barry Callebaut, Dutch supermarket chain, Albert Heijn and the Dutch confectionery company Tony’s Chocolonely have formed a strategic partnership to set chocolate industry standards with an aim to end child labour and slavery […]