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Tuesday, January 31, 2023
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Diageo Philippines sells cocktail mixer brand Island Mixers to Keepers Holdings while Pernod Ricard plans to automate Indian production

January 30, 2023January 30, 2023

PHILIPPINES – Diageo Philippines, a unit of Diageo Plc, has divested its cocktail mixer brand Island Mixers to the Keepers…

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Beverages Investments & Funding News LATEST NEWS Mergers & Acquisitions WORLD NEWS 

IWSR mulls Saudi Arabia could be the next big opportunity for the no-alcohol category

January 27, 2023January 27, 2023

SAUDI ARABIA – As Saudi Arabia becomes more international in its outlook, IWSR says this could create opportunities for no-alcohol…

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Beverages LATEST NEWS WORLD NEWS 

Diageo’s 14.97% stake increase in EABL approved amid flat growth in half-year earnings by the subsidiary

January 27, 2023January 27, 2023

KENYA – Diageo, the multinational alcoholic beverage company headquartered in the UK, through its wholly owned subsidiary Diageo Kenya Limited,…

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AFRICAN NEWS Beverages Financials & Economy LATEST NEWS Mergers & Acquisitions 

Kirin Holdings completes sale of 51% stake for US$160m to Myanmar Brewery Limited

January 27, 2023January 27, 2023

MYANMAR – Kirin Holdings has finalized the sale of its 51% stake in its Myanmar joint venture Myanma Economic Holdings…

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Beverages LATEST NEWS Mergers & Acquisitions WORLD NEWS 

United Spirits’ Board approves sale of all equity shares in Sovereign Distilleries, Q3 profits dip by 64.4%

January 25, 2023January 28, 2023

INDIA – The board of directors of United Spirits Limited (USL), a subsidiary of British multinational alcoholic beverage company, Diageo,…

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Beverages Financials & Economy LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Castel acquires Algeria’s Alver glass factory to bolster sustainability drive of reducing plastic usage

January 25, 2023January 25, 2023

ALGERIA – French beverage company, Castel, has strengthened its diversification strategy by developing green and local production with the acquisition…

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AFRICAN NEWS Beverages LATEST NEWS Sustainability 

No- and low-alcohol drinks to grow by 7% in the next four years driven by beer/cider catogory: IWSR

January 20, 2023January 22, 2023

GLOBAL – IWSR data shows increased consumer demand for no- and low-alcohol beer/cider, wine, spirits, and ready-to-drink (RTD) products across…

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Beverages LATEST NEWS WORLD NEWS 

Nestlé Health Science invests US$43m in boosting capacity at Wisconsin factory

January 20, 2023January 22, 2023

USA – Nestlé Health Science has invested US$43 million in its Eau Claire, Wisconsin factory, to increase capacity to meet…

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Beverages Investments & Funding News LATEST NEWS Sustainability WORLD NEWS 

WeissBioTech unveils two modules of brewing enzymes to improve brewing efficiency

January 19, 2023January 19, 2023

GERMANY – WeissBioTech, a leading provider of tailored ready-to-use enzymes for the Food and Beverages Industries as well as related…

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Beverages LATEST NEWS WORLD NEWS 

Diageo to acquire fast-growing Philippine rum brand Don Papa for US$281m

January 18, 2023January 19, 2023

PHILIPPINES – London -based multinational alcoholic beverage company Diageo is leaning Into Super-Premium drinks alongside whisky and tequila following reaching…

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Beverages LATEST NEWS Mergers & Acquisitions WORLD NEWS 

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MOST RECENT POSTS

  • Danone mulls sale of US organic dairy business as part of renewal strategy
  • Tyson Foods to invest US$20M in expansion of Tennessee facility, names Wes Morriss president of Poultry
  • Appolinaire Djikengm becomes first African to lead the International Livestock Research Institute
  • Diageo Philippines sells cocktail mixer brand Island Mixers to Keepers Holdings while Pernod Ricard plans to automate Indian production
  • Astral Foods leads South African poultry producers in pushing for removal of VAT on chicken

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Mega Event Gulfood to play a leading role in tackling global food challenges, kick-starting a pivotal year for the UAE in 2023

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
January 30, 2023

The Africa Food Awards honour individuals, new product innovations, sustainability initiatives, and leading companies in the African food industry.

#Thread #AfricaFoodAwards

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
January 30, 2023

The multi-million investments in Africa’s beverage industry are a

testament to the growth potential of the sector. Market research firm Imarc, projects the African non-alcoholic beverages market is expected to exhibit a CAGR of 9.4% during 2022-2027.

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
January 30, 2023

Castel buys Alver glass/Berry equips Coca-Cola with tethered caps/Crown Van Gelder declared bankrupt/RecyClass updates recycling & testing protocols - https://t.co/LSVHw8wLOr

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
January 30, 2023

Norfund invests US$21M/Sanabel partners Ocrim/GMB partners BSF, Cargil/Afex expands operations in Uganda - https://t.co/vvW5I832oI

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
January 30, 2023

EABL appoints new MD for Kenya/KTDA procures tea machines/ Sasini goes green/ Uganda clostridial disease outbreak/AVI ltd revenue increase/https://t.co/S43z55igLY

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