GERMANY – Dutch dairy cooperative, FrieslandCampina has signed an agreement with DMK Group (DMK) for the production of mozzarella cheese, with the deal effective in 2019. DMK Group, one of the leading dairy companies in Germany will bring inits expertise and production facilities for the production of mozzarella forFrieslandCampina. The company will also modernize and…
KENYA – Kenya’s coffee prices at the Nairobi Coffee Exchange (NCE) dropped marginally by 6% due to decline in supply of good quality coffee from Eastern Kenya, reports Business Daily. According to the NCE, a 50 kg kilogramme bag on average declined by 6% to US$ 188.34 (Ksh19,300) from a previous performance of US$200.05 (Ksh…
FRANCE - The American confectionery producer, Mars Wrigley has invested US$79.36 million to upgrade its Haguenau M&M’s factory in Alsace, France. Mars Wrigley Confectionery France has made the investment as part of its commitment to remove titanium dioxide from all of its confectionery products produced in Europe by mid-2020. The investment is expected to pay…
KENYA – Kenya’s leading juice manufacturer, Kevian Kenya is considering listing on the Nairobi Securities Exchange (NSE) through an initial public offering (IPO), reports the Nation. According to the company owner and Managing Director, Kimani Rugendo, said the listing is part of the strategy to transfer ownership of part of the company to the public.…
ZIMBAMBWE – South Africa’s fast food giant Barcelos Flame Grilled Chicken restaurant is set to open another branch in Harare after opening its first outlet in Bulawayo as it seeks to expand into the Zimbabwean market, reports the Herald. The company director, Benson Muneri, said the expansion of the quick services restaurant into Zimbabwean market…
DENMARK – European dairy cooperative Arla Foods has announced that it has agreed to acquire Mondelez International’s processed cheese business in the Middle East and Africa region, currently licensed under the Kraft brand. The transaction also gives Arla full ownership of a state-of-the-art cheese production site in Bahrain, granting it a strong hold in the…
USA – The American snack and beverage company, PepsiCo has expanded its Mountain Dew product portfolio with new MTN DEW AMP, a bold,boundary-pushing style designed for gamers. Set to debut in 2019, the new range claims to improve accuracy and alertness, enhanced with a no-slip grip and unique re-sealable lid, enhancing players an enhanced gaming…
UK– Dairy company Müller UK & Ireland has completed a £15 million project to substantially upgrade its dairy plant in Bellshill, Scotland, thereby securing 265 jobs at Scotland’s largest fresh milk dairy. The project by Müller Milk & Ingredients represents the largest single investment in Scottish dairy processing for more than a decade, says Müller.…
INDIA – One of India’s largest restaurant search and discovery platform, Zomato has announced that it has acquired Lucknow-based developer of customized drones to enhance drone-based deliveries in India. According to ET Retail report, TechEagle will help in creating a hub-to-hub delivery network powered by hybrid multi-rotor drones. TechEagle was founded in 2015 by IIT…
ASIA - Jingdong Group, the Chinese ecommerce giant best known as JD.com has partnered with Japanese Mitsubishi Chemical to open a hydroponic plant to serve customers in China. The factory which is located in the Tongzhou District of Beijing, is said to be the largest in China and will produce vegetables and other products made…
