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Tag: Acquisitions & Divestments

South African coffee chain Vida e Caffè acquires healthy food brand Sweetbeet

May 17, 2022May 17, 2022

SOUTH AFRICA – Vida e Caffè, one of South Africa’s largest independent chain of coffee shops and a supplier of…

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AFRICAN NEWS LATEST NEWS Mergers & Acquisitions 

Phatisa offloads stake in Ivorian Continental Beverage Company to pan-African investor Teyliom

May 17, 2022May 18, 2022

IVORY COAST – Teyliom International Group, a pan-African investment company with a strong presence across various sectors in West Africa,…

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AFRICAN NEWS Beverages LATEST NEWS Mergers & Acquisitions 

Ramco Plexus giant packaging supplier in Kenya takes full ownership of Platinum Packaging

May 16, 2022May 16, 2022

KENYA – Ramco Plexus, the print and packaging unit of Kenya based Ramco Group, has received unconditional regulatory approval to…

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AFRICAN NEWS LATEST NEWS Mergers & Acquisitions Supplier News & Innovations 

Elopak boosts packaging manufacturing capacity with acquisition of MENA region’s Naturepak

May 11, 2022May 11, 2022

MOROCCO – Global supplier of carton packaging and filling equipment, Elopak, has acquired Naturepak, the leading gable top fresh liquid…

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AFRICAN NEWS LATEST NEWS Mergers & Acquisitions Supplier News & Innovations 

Danone sells remaining stake in Mengniu, to acquire Dumex Baby Food infant milk unit

May 9, 2022May 9, 2022

CHINA – French multinational food group Danone is in the process to cut ties with China Mengniu Dairy after nine…

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Dairy & Infant Foods Investments & Funding News LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Animal active pharmaceutical ingredients manufacturer CPT welcomes EXEO Capital as majority shareholder

May 9, 2022May 9, 2022

SOUTH AFRICA – Pan-African alternative investment firm, EXEO Capital, has acquired a majority stake in cutting-edge, chemical synthesis company, Chemical…

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AFRICAN NEWS LATEST NEWS Mergers & Acquisitions 

Ardagh takes over Africa’s leading glass maker Consol Group, expanding its global footprint

May 5, 2022May 5, 2022

SOUTH AFRICA – Ardagh Group, global supplier of metal and glass packaging, has finalized the acquisition of Consol Group, Africa’s…

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AFRICAN NEWS LATEST NEWS Mergers & Acquisitions Supplier News & Innovations 

AB InBev to incur US$1.1B impairment charge following decision to fully exist Russia  

Apr 24, 2022Apr 24, 2022

BELGIUM – World’s largest beer company AB InBev is facing an imparment charge of US$1.1 billion following its decision to exit…

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Beverages LATEST NEWS WORLD NEWS 

BGI Ethiopia obtains go ahead from TCCPA to acquire Diageo’s Meta Abo Brewery

Apr 23, 2022Apr 23, 2022

ETHIOPIA – BGI Ethiopia, subsidiary of the Castel Group has received the green Light from the Trade Competition and Consumer…

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AFRICAN NEWS Beverages LATEST NEWS Mergers & Acquisitions 

Suntory Beverage & Food offloads Nigerian unit to Africa FMCG Distribution Ltd for US$14m

Apr 19, 2022Apr 19, 2022

NIGERIA – Suntory Beverage & Food Limited (SBF) has announced that Suntory Beverage & Food Limited Asia Pte (SBFA), maker…

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AFRICAN NEWS Beverages LATEST NEWS Mergers & Acquisitions 

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  • Cargill to build new soybean processing facility in Southeast Missouri to support growing domestic and global demand for oilseeds
  • Uganda benefits from rising coffee prices registering 41.7% rise in value despite decline in volume
  • New research associates dairy products intake with increased cancer risk
  • Kenya’s county government partners with United Green Group to revive agriculture sector
  • Tongaat Hulett in search of new group chair after Louis von Zeuner’s resignation

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FoodBizAfricaFood Business Africa Magazine@FoodBizAfrica·
May 19, 2022

Coming up today: Top trends and emerging technologies in preform-based PET Packaging Webinar - https://t.co/TVDHgyA0b3

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FoodBizAfricaFood Business Africa Magazine@FoodBizAfrica·
May 19, 2022

Twiga Foods ventures into farming/Checkers gives employees stake/Sarrai opens new sugar mill/Phatisa offloads CBC/Ramco Plexus buys Platinum Packaging - https://t.co/6V3lUSklcs

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FoodBizAfricaFood Business Africa Magazine@FoodBizAfrica·
May 19, 2022

Kenya raises stds for avocado exports/Ghana eatery closed after food poisoning/SA food safety testing market to scale/Egg producers sensitized on stds - https://t.co/OvJSzS44vB

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FoodBizAfricaFood Business Africa Magazine@FoodBizAfrica·
May 18, 2022

Join Husky's subject matter expert, Zafer Al Kallas - Business Advisor PET for Africa Husky Injection Molding Systems, as he discusses top trends and emerging technologies in preform-based PET packaging.
Register to attend via this Link https://t.co/SG7ZXn7YhK
#HuskyIMS

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FoodBizAfricaFood Business Africa Magazine@FoodBizAfrica·
May 18, 2022

Registration open for Africa Food Safety & Quality Summit 2022 - https://t.co/PsEJgY1gkW

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