Heineken to explore new categories, considers takeover of South Africa’s Distell Group

SOUTH AFRICA – Heineken NV, the world’s second-largest brewer seeks to enter new alcohol market categories of wine and spirits, as it eyes ownership of Distell, South Africa’s leading producer and maker of wines, ciders, spirit and ready-to-drink beverages. Distell, the owner of brands including Amarula, Savanna, Hunter’s Dry, Durbanville Hills and Nederburg, has revealed that it has been received interest from Heineken regarding the potential acquisition of the majority of its business. “The parties have entered into discussions which, if successfully concluded, may have an effect on the price…

Read More

Kenya Breweries Limited raises a Tusker to being Kenyan, launches second phase of US$3m recovery program

KENYA – The Kenya Breweries Limited (KBL), subsidiary of East Africa Breweries Limited, is set to launch the second phase of the US$3m “Raise the Bar” program aimed to support the hospitality industry recover from the effects of the COVID-19 pandemic. The brewer launched the initiative last year and so far it has seen over 2,273 bars & eateries and 3,800 people receive the much-needed support of bartender training on Covid-19 protocols, equipment & products. KBL now plans to expand the program by doubling the number of outlets it will…

Read More

Constellation Brands acquires minority stake in La Fête du Rosé, debuts Svedka Cherry Limeade vodka

US – Constellation Brands has acquired a minority stake in US rosé wine brand La Fête du Rosé, as part of its initiative to improve capital access to minority-owned businesses. The investment was made through Constellation’s venture capital arm as part of its Focus on Minority Founders initiative which aims to  invest US$100 million to support the growth and development of Black, Latinx and minority-owned Founded in 2019, La Fête du Rosé (meaning ‘the rosé party’ in French) was inspired by the popularity of rosé in the French peninsula of…

Read More

South African premium food maker In2food opens state-of-the-art manufacturing facility

SOUTH AFRICA – In2food, a premium prepared food and beverage business in South Africa has expanded its production capacity with the construction of the new 4500m² facility located in the Benoni Multipark, adjacent to In2food Benoni South Africa. The newly built facility features production lines for potato crisps, extruded shapes, air popped products and popcorn. The company eyes both the national and international market following the opening of the state-of-the-art facility which has a wide range of capabilities. “Our in2food project team really cracked this one with dynamic planning and…

Read More

China steps up efforts to fight food waste with new laws, campaigns

CHINA – China, a country of close to 1.4 billion people, is stepping up efforts aimed at reducing food waste from farm to fork and everywhere in between. Efforts against food waste can be traced back to last year when the country under the leadership of President Xi Jinping launched a clean plate program targeting food waste in restaurants and other food service establishments. According to local press reports, China’s President Xi Jinping called on citizens, restaurants, and other food service businesses to reverse the “shocking and distressing” amounts of…

Read More

General Mills to acquire Tyson Foods’ pet food business as Kraft Heinz splashes US$200m to acquire Primal Kitchen

US – American multinational manufacturer and marketer of branded consumer foods General Mills has announced plans to acquire Tyson Foods, Inc.’s pet food business for $1.2 billion to strengthen its position in the rapidly expanding category. General Mills entered the pet food category in 2018 when it acquired Blue Buffalo Pet Products, Inc. for approximately US$8 billion. Since then, the pet food market has been rapidly expanding thanks to a rise in the number of American homes that own pets. “Pet food is a high-growth category, fueled by the humanization…

Read More

Kenya’s fizzy soft drink market goes flat, reports decline in 2020 sales volumes

KENYA – COVID-19 restrictions implemented to curb the spread of the virus in Kenya have had a negative impact on the performance of the soft drinks’ category. Temporary foodservice closures and reduction of sitting capacity implemented in order to prevent crowds of people, are reported to have dampen the demand for carbonated beverages which are popular products in restaurants, bars and cafés. According to reports by Business Daily, production of soft drinks in the year 2020 slumped, the first time in nearly a decade. Data by the Kenya National Bureau…

Read More

Illovo sugar doubles sugar production in Tanzania, commences US$238.5m expansion project

TANZANIA – Illovo Sugar Africa, a Pan-African consumer centric agri-business with roots in growing and making sugar and related products, has announced the commencement of its Tsh 571.6 billion (US$238.5 million) expansion project in Tanzania. According to the giant sugar processor, the planned investment at its Tanzanian unit, Kilombero Sugar Company, co-owned alongside the Government of the United Republic of Tanzania having 25% stake, has been in the pipeline for a number of years. Following the obtention of the go-ahead, this new development will increase Kilombero’s sugar production by 144…

Read More

Coca-Cola to discontinue energy drink line in North America as PepsiCo unveils new Gatorade sports drink

NORTH AMERICA – Leading fizzy drinks manufacturer Coca-Cola has announced plans to discontinue Coca-Cola Energy in North America, less than two years since it launched in the market. Coca-Cola Energy which was the company’s first energy drink launched in the US in January 2020 along with a new exclusive cherry flavour. The drink was first released in Spain and other European countries back in 2019 but has not achieved the traction that Coca-Cola had hoped to get in its home market. In a statement, the maker of Coke soda brand…

Read More

Danone appoints Antoine de Saint-Affrique as Chief Executive Officer

FRANCE – Danone announces the appointment of former CEO of Barry Callebaut- a leading chocolate company based in Switzerland- Antoine de Saint-Affrique as Chief Executive Officer, effective September 15, 2021. Antoine de Saint-Affrique will succeed the joint interim leadership of Véronique Penchienati-Bosetta and Shane Grant. The Board of Directors also decided to propose Antoine de Saint-Affrique as a new member to the Board of Danone for appointment at the next annual shareholders’ meeting in April 2022. “As a Board we have delivered on our promise to search and find swiftly…

Read More