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  • 2021
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Day: September 3, 2021

Hormel Foods Q3 sales surge driven by a rebounding foodservice sector

September 3, 2021September 3, 2021

USA – American food company Hormel Foods has seen Q3 sales surge mainly driven by a rebounding foodservice business which delivered a…

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Financials & Economy LATEST NEWS WORLD NEWS 

Uganda’s coffee exports volume rise by 28% in July 2021 earning US$69.93m

September 3, 2021September 3, 2021

UGANDA – Uganda’s coffee exports in July 2021 amounted to 700,035 60-kilo bags worth US$ 69. 93 million. This was…

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AFRICAN NEWS LATEST NEWS Tea, Coffee & Cocoa 

Managing the Mycotoxins Challenge in Poultry

September 3, 2021September 4, 2021

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.

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Company Features, Interviews & Reports Grains, Milling, Baking & Feed LATEST NEWS Meat, Poultry & Fish 

Pernod Ricard buys minority stake in Sovereign Brands, expresses confidence on sales momentum as US, China lift profits

September 3, 2021September 3, 2021

US – French alcoholic beverage company Pernod Ricard has acquired a minority stake in wine and spirits company Sovereign Brands,…

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Beverages Financials & Economy LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Merger talks between Zimbabwe’s largest dairy processors Dairibord, Dendairy collapse

September 3, 2021September 3, 2021

ZIMBABWE – A multi-million-dollar historic merger between Zimbabwe’s largest and second largest milk processor by market share, Dairibord Holdings Limited…

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AFRICAN NEWS Dairy & Infant Foods LATEST NEWS Meat, Poultry & Fish Mergers & Acquisitions 

Zimbabwe based Organic Africa opens multi-million-dollar herbal tea processing factory

September 3, 2021September 3, 2021

ZIMBABWE – Zimbabwe has welcomed a new herbal tea processing factory constructed by agriculture concern, Organic Africa. The multi-million-dollar facility…

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AFRICAN NEWS Investments & Funding News LATEST NEWS Tea, Coffee & Cocoa 

Agthia expands footprint in UAE’s snack market with acquisition of confectionery and healthy food brand BMB Group

September 3, 2021September 3, 2021

UAE – Agthia Group, one of the largest food companies in the United Arab Emirates (UAE), has acquired a 100%…

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LATEST NEWS Mergers & Acquisitions Sugar & Confectionery WORLD NEWS 

Pizza Hut in Ghana finds new owner, Krispy Kreme Donuts opens inaugural store in Egypt

September 3, 2021September 3, 2021

GHANA – American restaurant chain and international franchise, Pizza Hut, is set to relaunch in Ghana under new ownership. Melcom…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Saputo bolsters presence in US with acquisition of two North Carolina food businesses for US$118m

September 3, 2021September 3, 2021

US – Saputo, a leading Canadian dairy company, has strengthened its business in the United States with a US$118m acquisition…

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Dairy & Infant Foods LATEST NEWS Mergers & Acquisitions WORLD NEWS 

DSM to acquire dairy-based savory flavorings supplier First Choice Ingredients for US$453m

September 3, 2021September 3, 2021

USA – Royal DSM is acquiring US based supplier of dairy-based savory flavorings, First Choice Ingredients, to expand its presence…

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Dairy & Infant Foods LATEST NEWS Mergers & Acquisitions Supplier News & Innovations WORLD NEWS 

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MOST RECENT POSTS

  • Fortune International mergers its import division due to redundancy
  • FrieslandCampina seeks to establish center of expertise in Ivorian dairy sector
  • Mafrig Global Foods, SALIC acquire shares worth US$900m in Brazil’s poultry processor BRF SA
  • Tanzania seeks to boost meat production to meet global market demand
  • Poultry processor PHW Group expands into alternative ingredients market

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