NIGERIA – Nigeria’s leading integrated Food and Agro-allied group, Flour Mills of Nigeria Plc has reported a 45.3% rise in…
Read MoreFlour Mills of Nigeria’s attains 45% growth in top-line performance in Q1
Day: August 3, 2022
Bel Group acquires majority stake in Chinese cheese maker Shandong Junjun to further growth in China
CHINA – French dairy major, Bel Group, is accelerating its growth in China with the acquisition of a 70% stake…
Read MorePackaging solution provider Sidel expands footprint in East Africa with new office in Kenya
KENYA – Sidel, a leading provider of equipment, services and complete solutions for packaging beverage, food, home and personal care…
Read MoreWorld Bank heightens supports towards ensuring food security in West Africa with US$315m financing
WEST AFRICA – World Bank has launched the second phase of the West Africa regional Food Systems Resilience Program (FSRP-2)…
Read MoreReading Bakery Systems partners CARD to propel drying technology research and innovation
USA— Reading Bakery Systems (RBS), one of the world’s leading manufacturers of snack production systems, is partnering with the Center…
Read MoreChina, Zambia sign agreement on soya bean meal, stevia export
ZAMBIA— Zambia and China have signed two protocols on sanitary and phytosanitary export of soya bean meal and stevia leaves…
Read MoreFerrero North America appoints Alanna Cotton President
USA — Alanna Cotton has been named president and chief business officer of Ferrero North America, effective September 1, succeeding…
Read MorePrivate-equity firm CapVest acquires chocolate-maker Natra
SPAIN— London-based private equity fund, CapVest Partners (CapVest) is set to acquire Natra— a European producer and distributor of chocolates…
Read MoreKerry reports 13.3% increase in half-year revenues driven by growth in retail and foodservice channels
IRELAND – Irish multinational taste and nutrition company, Kerry, has posted a revenue rise of 13.3% totaling €4.1 billion (US$4.19…
Read MoreMajor US poultry processors fined US$85m over violating federal antitrust laws
US – Poultry processors Cargill Inc., Sanderson Farms, and Wayne Farms have all been collectively fined US$84.8 million after conspiring…
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