Constellation acquires minority stake in rum maker Montanya Distillers

USA – Constellation Brands, through its investment venture initiative Focus on Female Founders has acquired a minority stake in Colorado-based craft rum maker Montanya Distillers. Focus on Female Founders program was launched last year with […]

Emmi acquires Italian dessert maker Pasticceria Quadrifoglio srl

ITALY – Swiss milk processor, Emmi has acquired Pasticceria Quadrifoglio srl, an Italian producer of pastry, cakes, desserts, and other dry bakery products for the foodservice customers. According to Emmi, Italian dessert specialities are an […]

Mondelez launches Cadbury Dairy Milk bar with 30% less sugar

UK – Mondelez-owned Cadbury company has launched its new Cadbury Dairy Milk chocolate bar with 30% less sugar in line with changing consumer tastes for products with limited sugar. The new range was developed by […]

Huhtamaki’s new facility in Egypt receives highest rating in BRC audit

EGYPT – Huhtamaki’s new flexible packaging unit in Egypt has received the highest rating of AA in a British Retail Consortium (BRC) audit earlier this month. The classification “AA” was introduced by the BRC as […]

Delta Corporation reports subdued performance as lager sales slip 57%

ZIMBABWE – Delta Corporation, Zimbabwe’s largest beverage manufacturer, reported a decline in its performance for the first quarter ended 30 June 2019 on the back of declining sales. The company saw its lager beer volumes […]

Massmart Holdings subsidiary Game stores opens new branch in Kenya

KENYA – Game Stores, a subsidiary of South Africa’s retail giant Massmart Holdings, has opened its third outlet in Kenya at Kisumu’s Mega City Mall, in western region of the country. The branch, which is […]

West African Mills’ performance gains traction as profits hit US$2M

GHANA – The West African Mills Company (WAMCO) has managed to improve its performance marked by the growth in profits which has seen the company net US$2 million within a period of one and half […]

Shoprite set to open third retail branch in Kenya in expansion strategy

KENYA – South African retailer, Shoprite, has unveiled that it will be opening its third branch at City Mall store in Mombasa, Coast of Kenya in August this year. The retailer says the new outlet […]

Ethiopian water bottlers forego neck seals in renewed sustainability drive

ETHIOPIA – Manufacturers of bottled water in Ethiopia have resolved to forego the use of neck seals, a decision aimed at promoting a sustainable environment by reducing plastic waste. The Ethiopian Bottled Water & Soft […]

PZ Cussons to offload non-core brands and simplify its Nigerian business

NIGERIA – PZ Cussons Plc, a British-based consumer goods company, has said that it will sell-off non-core brands and simplify its Nigerian business as part of its newly launched strategy that seeks to improve the company’s […]