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Beverages – M&As, Funding & Investments
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SBM buys 33% stake in Africa Retail Market in US$4.2M deal
Castel-backed SBM strengthens distribution foothold as Morocco’s grocery sector sees aggressive store expansion.
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Lee Li Holdings unveils US$533M expansion to boost Ontario’s beverage manufacturing sector
New AI-powered, eco-friendly facility adds 100,000+ sq ft to serve juices, iced teas, sparkling water and private-label brands.
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Angel Yeast starts specialty yeast production in China with new pilot platform
Automated facility and real-time brewing pilot platform target premium yeast for craft beer, wine, baijiu and bioethanol markets.
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Morocco launches Pan-African coffee hub at Tanger Med
New African Coffee Hub aims to send consolidated, origin-certified African beans directly from Tanger Med to global markets.
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Burkina Faso’s President Traoré reopens SN-BRAFASO brewery
Rehabilitated SN-BRAFASO brewery reopens with 600,000 hl capacity, promising 200 jobs and driving local beverage production.