USA – American food company Hormel Foods has seen Q3 sales surge mainly driven by a rebounding foodservice business which delivered a…
Read MoreHormel Foods Q3 sales surge driven by a rebounding foodservice sector
Day: September 3, 2021
Uganda’s coffee exports volume rise by 28% in July 2021 earning US$69.93m
UGANDA – Uganda’s coffee exports in July 2021 amounted to 700,035 60-kilo bags worth US$ 69. 93 million. This was…
Read MoreManaging the Mycotoxins Challenge in Poultry
Despite the sector being set for exponential growth, poultry birds are faced with a myriad of challenges such as high susceptibility to diseases and infections, which cause huge losses and economic setbacks.
Read MorePernod Ricard buys minority stake in Sovereign Brands, expresses confidence on sales momentum as US, China lift profits
US – French alcoholic beverage company Pernod Ricard has acquired a minority stake in wine and spirits company Sovereign Brands,…
Read MoreMerger talks between Zimbabwe’s largest dairy processors Dairibord, Dendairy collapse
ZIMBABWE – A multi-million-dollar historic merger between Zimbabwe’s largest and second largest milk processor by market share, Dairibord Holdings Limited…
Read MoreZimbabwe based Organic Africa opens multi-million-dollar herbal tea processing factory
ZIMBABWE – Zimbabwe has welcomed a new herbal tea processing factory constructed by agriculture concern, Organic Africa. The multi-million-dollar facility…
Read MoreAgthia expands footprint in UAE’s snack market with acquisition of confectionery and healthy food brand BMB Group
UAE – Agthia Group, one of the largest food companies in the United Arab Emirates (UAE), has acquired a 100%…
Read MorePizza Hut in Ghana finds new owner, Krispy Kreme Donuts opens inaugural store in Egypt
GHANA – American restaurant chain and international franchise, Pizza Hut, is set to relaunch in Ghana under new ownership. Melcom…
Read MoreSaputo bolsters presence in US with acquisition of two North Carolina food businesses for US$118m
US – Saputo, a leading Canadian dairy company, has strengthened its business in the United States with a US$118m acquisition…
Read MoreDSM to acquire dairy-based savory flavorings supplier First Choice Ingredients for US$453m
USA – Royal DSM is acquiring US based supplier of dairy-based savory flavorings, First Choice Ingredients, to expand its presence…
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