We use cookies to ensure that we give you the best experience on our website. Find out more in our Privacy & Cookie Policy. By using our website, you agree to our using of cookies. I agree
Skip to content
Wednesday, March 22, 2023
Food Business Africa Magazine

Africa's No. 1 Food & Beverage Industry Magazine & Website

  • HOME
  • SECTORS
    • DAIRY & INFANT FOODS
    • BEVERAGES
    • GRAINS, MILLING, BAKING & FEED
    • SUPPLIER NEWS & INNOVATIONS
  • MAGAZINES
    • PAST MAGAZINE ISSUES
    • ABOUT FOOD BUSINESS AFRICA MAGAZINE
    • ABOUT MILLING MIDDLE EAST & AFRICA MAGAZINE
    • ABOUT FOOD SAFETY AFRICA MAGAZINE
    • SUBSCRIBE TO OUR E-NEWSLETTERS
  • ADVERTISE
    • ADVERTISE WITH US
    • MEDIA KIT & EDITORIAL CALENDAR
    • PRESS RELEASES
  • OUR EVENTS
    • AFMASS FOOD EXPOS
    • AFRICA FOOD SUSTAINABILITY SUMMIT
    • AFRICA FOOD AWARDS
    • AFRICA CEO SUMMIT
    • AFRICA FOOD SAFETY & NUTRITION SUMMIT
    • AFRICA DAIRY & DRINKS SUMMIT & EXPO
    • AFRICA HEALTH & WELLNESS EXPO
  • WEBINARS
    • ABOUT FOOD BUSINESS AFRICA WEBINARS
    • UPCOMING WEBINARS
      • HUSKY – TETHERED CAPS WEBINAR
    • PAST WEBINARS
      • HUSKY PET PACKAGING WEBINAR MAY 2022
      • HUSKY PET PACKAGING WEBINAR 2021
  • FEATURES & REPORTS
    • COMPANY FEATURES, REPORTS & INTERVIEWS
  • CONTACTS
Breaking News
  • Uganda debuts several digital agricultural platforms to entice youths into farming
  • Kenya to pay US$31m to private meat company for breach of contract
  • Nestlé appoints Mark Davies new Managing Director of Nestlé Confectionery UK & Ireland
  • Nestlé, UNESCO strengthen Because Youth Matter project with new funding
  • FrieslandCampina taps former Heineken executive van Karnebeek as next CEO
  • Coca-Cola Europacific Partners invests US$8.6m in expanding warehousing unit in Portugal
  • Give us 8-months to comply with avocado regulations; suppliers plead with AFA
  • Saudi food service company Herfy expands into Africa with launch of two outlets in Nigeria
  • Global goat milk market size to reach US$18.68B by 2030
  • Uganda seeks new market for its milk in North Africa
You are here
  • Home
  • divestment

Tag: divestment

Subway exploring business sale, appoints JP Morgan chase as financial advisor

February 15, 2023February 16, 2023

US – Global sandwich chain Subway has confirmed to be on sale after almost six decades of family ownership but…

Read More
Food service, Retail, E-commerce LATEST NEWS WORLD NEWS 

Britain’s largest pub group, Stonegate Pub Co. to sell 1000 site portfolio

February 3, 2023February 6, 2023

UK – Stonegate Pub Co., Britain’s largest pub group, is reportedly looking to scale down its portfolio of sites by…

Read More
Beverages LATEST NEWS WORLD NEWS 

HKScan sells its business in the Baltic Region in push to strengthen balance sheet

December 21, 2022December 21, 2022

FINLAND – HKScan, a manufacturer of meat foods and products, is selling its business in the Baltic region to AS…

Read More
Meat, Poultry & Fish WORLD NEWS 

Olymel to close and sell St-Hyacinthe pork processing plant due to unfavorable economic situation

November 22, 2022November 22, 2022

CANADA – Olymel, a Canadian meat packing food processing company, has planned to close its pork processing plant located on…

Read More
LATEST NEWS Meat, Poultry & Fish WORLD NEWS 

Fleury Michon to divest Bretagne plant, citing volatile and inflationary economic context

November 8, 2022November 8, 2022

Fleury Michon to divest Brtagne plant suffering from significant volume losses linked to a drop in sales FRANCE – French…

Read More
LATEST NEWS Meat, Poultry & Fish WORLD NEWS 

Clovers cashes in US$2.9m from sale of cold storage, distribution center in push to consolidate operations

September 21, 2022September 25, 2022

SOUTH AFRICA – South Africa’s branded foods and beverages group, Clover Industries Limited, has disposed its cold storage and distribution…

Read More
AFRICAN NEWS Dairy & Infant Foods LATEST NEWS 

Fonterra raises international profile of Global Dairy Trade platform with addition of new strategic partners

July 14, 2022July 18, 2022

NEW ZEALAND – Fonterra, a New Zealand multinational dairy cooperative, has completed the sale of its majority shares in Global…

Read More
Dairy & Infant Foods LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Unilever still in discussion for sale of Kenyan stake under Limuru Tea

July 7, 2022July 7, 2022

KENYA – Netherlands-based Puccini Bidco has offered to acquire 100 per cent of Limuru Tea after an earlier bid for…

Read More
AFRICAN NEWS LATEST NEWS Mergers & Acquisitions Tea, Coffee & Cocoa 

Danone in talks to divest factory in Spain facing closure plans

July 1, 2022July 1, 2022

SPAIN – Danone, a world-leading food company, is considering a discussion with a possible suitor to unload a factory in…

Read More
Dairy & Infant Foods LATEST NEWS Mergers & Acquisitions WORLD NEWS 

British alcoholic beverage giant Diageo to exit Russia before the end of the year

June 29, 2022June 29, 2022

RUSSIA – Diageo, a British multinational alcoholic beverage company, has announced the decision to wind down its operations in Russia…

Read More
Beverages LATEST NEWS WORLD NEWS 

Posts navigation

Older posts

LATEST DIGITAL MAGAZINE ISSUES

UPCOMING EVENTS

Africa Sustainability Symposium – June 13-14, 2023 – Nairobi, Kenya

AFMASS Food Expo Eastern Africa – June 15-17, 2023 – Nairobi, Kenya

Africa Food Safety & Nutrition Summit Eastern Africa – June 15-17, 2023 – Nairobi, Kenya

Africa Dairy & Drink Summit & Expo – November 23-24, 2023 – Dar es Salaam, Tanzania

AFMASS Tanzania Food Summit & Expo – November 23-24, 2023 – Dar es Salaam, Tanzania

MOST RECENT POSTS

  • Uganda debuts several digital agricultural platforms to entice youths into farming
  • Kenya to pay US$31m to private meat company for breach of contract
  • Nestlé appoints Mark Davies new Managing Director of Nestlé Confectionery UK & Ireland
  • Nestlé, UNESCO strengthen Because Youth Matter project with new funding
  • FrieslandCampina taps former Heineken executive van Karnebeek as next CEO

EVENT PRESS RELEASES

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

Most Popular Tags

Africa Agriculture & Food Security Alcoholic beverages Beer Beverage Canada China Coca-Cola Cocoa Coffee Dairy Ethiopia Europe Financials Food delivery & E-Commerce Food safety Ghana Grains & Milling India Investments & Funding Kenya Maize Meat Mergers, Acquisitions & Divestments Milk Nestlé New Products & Innovations Nigeria Packaging News People News Plant based foods Poultry & Chicken Regulatory & Govt. Policy Retail Soft Beverages South Africa Sugar Sustainability Switzerland Tanzania Uganda UK USA Zambia Zimbabwe

News Archives

ABOUT US

We organise some of the most impactful face to face and virtual trade events and publish leading magazines and websites that bring Africa to the World and the World to Africa. We believe that when people come together, networks grow and businesses thrive.

Find more about us on our corporate website www.fwafrica.net

OUR PUBLICATIONS

Food Business Africa

Milling Middle East & Africa

Sustainable Packaging Africa

Food Safety Africa

HealthCare Africa

CEO Business Africa

 

 

QUICK LINKS

Advertise 

Press Releases

Food Business Africa Top 100 2020

Contact Us

CONTACT US

FW Africa

P.O. Box 1874-00621, Nairobi, Kenya

Tel: +254 725 34 39 32

Email: info(at)fwafrica.net

Copyright © All rights reserved. FW Africa. We are not responsible for content from external sources.

Terms and Conditions - Privacy & Cookies Policy