Nature One Dairy bolsters position in Australian dairy market with acquisition of Nepean River Dairy

AUSTRALIA – Australian-based dairy processor Nature One Dairy is set to expand its share of the Australian dairy market following the acquisition of Nepean River Dairy (NRD) Pty Ltd for A$25.5m (US$18.6m).  Nepean River Dairy’s manufacturing capabilities include its facility in Sydney, which has the capacity to produce 60m liters of UHT per annum. Production is expected to increase to more than 100m liters in capacity over the medium term to cater for increased domestic and offshore customer demand.  Following the company’s acquisition, these manufacturing capabilities and the company’s product portfolio will…

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Chinese donkey processing company recommences operations in Ethiopia after 7 years of closure

ETHIOPIA – Rhong Chang, a China-based company, has resumed operations at its donkey slaughterhouse in the Oromia Regional State, after seven years hiatus due to public outroar. The facility which was built with an investment of over Br 60 million (US$1.3m) was closed by authorities following public affront for the business perceived as offensive to societal values and norms. Rhong Chang resumed operations following consultations with religious and community leaders in the area as well as security and Assela Town Administration officials. As part of the deal, the company cannot…

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Uganda’s full year coffee exports attain highest volume in 30 years registering 22.9% rise

UGANDA – Uganda is continuing to exhibit an upward trend in its coffee export volumes and earnings, attaining a 34.89% rise in quantity to 700,990 60-kilo bags in August, compared to the same month last year. The month’s output is higher compared to the 700,035 bags exported the previous month in July and 618,388 bags sold in June. During the period under review, the East African country fetched US$ 75.09 million from the exports of the month, 63.06 % higher compared to the corresponding period in 2020. Meanwhile, coffee exports…

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Kenya Tea Development Agency board names Wilson Muthaura as group CEO

KENYA – The Kenya Tea Development Agency Holdings board has announced the appointment of Wilson Muthaura as the group CEO with effect from October 1, 2021. Until the appointment, Mr. Muthaura has been the acting Group CEO of KTDA Holdings Limited, taking over the position from Lerionka Tiampati, who resigned as the head of the agency in September. Prior to his tenure at KTDA, Mr. Tiampati was a banker before moving to Ketepa, a subsidiary of KTDA, as Chief Executive Officer in 2001. Four years later, in 2004, he moved…

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Heineken extends dominance in Nigeria beer market with potential Champion Breweries takeover

NIGERIA – Heineken NV, the world’s second-largest brewer has launched a mandatory takeover bid for Nigeria based Champions Breweries, seeking to buyout the remaining 15.3% equity stake. The Dutch brewing company, made the offer through its wholly-owned subsidiary, Raysun Nigeria Limited, Heineken N.V, and plans to purchase up to 1,196,799,164 ordinary shares from the other shareholders of Champions Breweries. This is according to a recent notice signed by the Chairman of Champions Breweries Plc., Dr Elijah Akpan, and filed with the Nigerian Exchange Limited (NGX), reports Nairametrics. The move comes…

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Kakuzi taps into expertise of PR guru Gina Din-Kariuki to be member of its Human Rights Committee

KENYA – Kenyan integrated agri-business firm, Kakuzi Plc, has named Mrs Gina Din-Kariuki, a respected and leading businesswoman, philanthropist and champion of Women’s rights, as a member of its newly formed Independent Human Rights Advisory Committee (IHRAC). The appointment of Mrs Din-Kariuki to the IHRAC marks the finalizing of the constitution of the IHRAC committee chaired by former Attorney General Prof Githu Muigai. “The Board of Kakuzi Plc is pleased to announce the entry of Mrs Din-Kariuki to the Independent Human Rights Advisory Committee. “Her entry, following an in-depth selection…

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Nestlé creates new geographic zones to better address unique needs of different markets across the globe

SWITZERLAND-  The Nestlé Board of Directors has approved the creation of new geographic Zones to strengthen the company’s market-led approach and further its ability to win in a rapidly changing environment.  According to the Swiss-based food conglomerate, the architecture, effective January 1, 2022, also underscores the company’s deep commitment to succeeding in all parts of the world.  As from the beginning of next year, the company will be organized into five Zones as follows: North America (NA), Latin America (LATAM), Asia, Oceania and Africa (AOA), Europe (EUR), and Greater China (GC).  Comprised of the United States and Canada,…

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Ornua acquires US cheese company Whitehall Specialties, French Dairy Savencia diversifies into plant-based foods

USA – Irish dairy cooperative, Ornua, is set to expand its position in the US dairy ingredients space following the completion of a deal to acquire US cheese ingredients business, Whitehall Specialties Inc (WSI) from private equity firm, Mason Wells.    Headquartered in Wisconsin, WSI provides functional cheese solutions to its food manufacturing and food service customers.    The acquisition complements Ornua’s US Ingredients division, Ornua Ingredients North America (OINA), and is central to Ornua’s long-term growth strategy in the US cheese ingredients market.    According to OINA, the acquisition increases its current position in the US cheese ingredients market, expanding its production footprint across…

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Coca-Cola HBC expands coffee chain portfolio with acquisition of minority stake in Caffè Vergnano

ITALY – Swiss-based Coca-Cola anchor bottler Coca-Cola HBC has completed the acquisition of a 30% equity shareholding in premium Italian coffee company Casa del Caffè Vergnano, further expanding its presence in the coffee chain space.    Caffè Vergnano is one of the oldest coffee roasters in Italy with a premium, high-quality coffee that represents Italian heritage and authenticity.   The coffee chain’s portfolio includes traditional espresso in various blends, packages, and formats such as beans, roast, and ground coffee and single portioned pods.   According to a statement from Coca-Cola HBC,  the company sold approx. 7,000 tons of coffee in more than 90…

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Barry Callebaut opens new center in Dubai to drive innovation in Middle East chocolate industry

UAE – World leading manufacturer of chocolate and cocoa products Barry Callebaut Group, has inaugurated its relocated Chocolate Academy Center in Dubai.  According to the company, the center, which is now at the foot of the iconic Burj Khalifa, will serve as a creative platform where chefs and artisans can showcase and develop their talent and skills.  The center’s dedicated team of chefs is also expected to continue inspiring and educating the chocolate industry and introducing new techniques to artisans, pastry chefs, confectioners, bakers and caterers.  This, according to Barry, would play an important…

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