Givaudan invests US$30m in Chinese facility to double flavour production capacity

CHINA – Swiss flavour and fragrances company, Givaudan has opened a new extension to its Nantong, China manufacturing facility to increase the production capacity of liquid flavour production for beverages, dairy and sweet goods. Givaudan […]

South African retailer Checkers launches online grocery delivery platform

SOUTH AFRICA – Checkers, a consumer goods retailer owned by Shoprite, has launched its on-demand one-hour grocery delivery service app, Sixty60, after months of testing. Billed as SA’s first 60-minute grocery delivery service from a […]

Kauai extends its healthy food brand into retail partnering with Pick n Pay

SOUTH AFRICA – Kauai, a health food restaurant, has extended its brand into retail with the launch of range of healthy frozen ready-to-eat meals, sides and smoothies in partnership with Pick n Pay. The Pick […]

Competition Commission of SA orders retail chains to cease enforcing exclusivity clauses in mall leasing

SOUTH AFRICA – The Competition Commission of South Africa has recommended South African shopping centres to cease their exclusive leases with the country’s biggest supermarket chains. The move is in accordance to findings of a […]

Ebro Foods to invest US$165m in securing further sustainable growth

SPAIN – Ebro Foods will be investing more than €150 million (US$165m) in implementing the company’s recently launched global sustainability plan, the ‘RUMBO A 2030’, with the aim of continuing to grow its sustainably efforts. […]

Australian plant-based meat startup v2food raises US$35m in Series A round

AUSTRALIA – Australia’s plant-based meat startup, v2food has raised US$35 million in Series A funding round led by Main Sequence Ventures and Hong Kong business magnate Li Ka-shing’s Horizons Ventures. Sequoia Capital China and Fairfax […]

Barry Callebaut gets FDA’s approval to market ruby as chocolate in the US

USA – Barry Callebaut has been granted a Temporary Marketing Permit (TMP) by the US Food and Drug Administration (FDA), clearing the way to market Ruby as chocolate in the United States. Ruby chocolate is made […]

Kenyan agribusiness firms receive US$4.48m from the AgriFI challenge fund

KENYA – AgriFI, an EU-funded blending facility has awarded eight Kenyan based small scale agribusiness enterprises ksh.460m (US$4.48m) to support their business expansion and create new employment opportunities. The agri-business firms that benefitted through the […]

Barentz receives strategic investment from Cinven to accelerate global expansion

NETHERLANDS – Barentz, a leading provider of ingredients to the food and beverage industry, has received an investment from European private equity firm, Cinven. Barentz said the investment, whose financial terms were not disclosed, will […]