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Refresco sells majority stake to investment company KKR to raise funds for global expansion 

Feb 24, 2022Feb 24, 2022

NETHERLANDS – Refresco, the world’s largest independent bottler of beverages, is set to be majority-owned by Global investment company KKR.…

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Beverages LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Tsuneo Okubo to take charge of Seiyu as Investment firm KKR becomes majority shareholder

Mar 4, 2021Mar 4, 2021

JAPAN – Seiyu’s shareholders confirmed the appointment of Mr. Tsuneo Okubo as CEO even as the Japanese retail chain confirms…

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Food service, Retail, E-commerce LATEST NEWS Mergers & Acquisitions People News WORLD NEWS 

Walmart to sell majority stake in Japanese supermarket Seiyu to KKR and Rakuten

Nov 16, 2020Nov 16, 2020

JAPAN – American multinational retail corporation has announced plans to sell a majority stake in Japanese supermarket chain Seiyu to…

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Food service, Retail, E-commerce LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Borden Dairy cleared for sale to Capitol Peak Partners and KKR in a US$340m deal

Jun 27, 2020Jun 27, 2020

USA – Borden Dairy, an American dairy processor and distributor which filed for Chapter 11 bankruptcy protection in January this…

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

Upfield plans US$57m investment in new plant-based foods centre

Jun 11, 2020Jun 11, 2020

NETHERLANDS – Upfield Group, one the world’s leading producer of margarines, spreads and cheeses has unveiled plans to invest €50…

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Investments & Funding News LATEST NEWS Plant-based Foods WORLD NEWS 

Online pizza marketplace Slice closes US$43m Series C round led by KKR

May 13, 2020May 13, 2020

USA – Slice, an ordering and marketing tech platform for local pizzerias in New York, has raised US$43 million in…

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Investments & Funding News LATEST NEWS WORLD NEWS 

KKR makes US$500m equity investment in US Foods Holding Corp

Apr 22, 2020Apr 22, 2020

USA – Global investment firm, KKR – through its affiliates – has announced a US$500 million equity investment in American…

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Financials & Economy Investments & Funding News Mergers & Acquisitions WORLD NEWS 

Nestle ahead of Unilever in final race to acquire GSK’s nutrition business in India

Nov 20, 2018Nov 20, 2018

INDIA – Nestle SA, the Swiss transnational and the world’s largest food company is contending Unilever in the final round…

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Beverages Investments & Funding News Mergers & Acquisitions WORLD NEWS 

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  • #Snack Tuesday: New products from Toufyan, Twix, Kooshy, Catalina Crunch, Utz, Outstanding Foods and CTRL
  • Price-sensitive consumers alter shopping habits as food inflation persists
  • Landus opens Innovation Connector in Iowa
  • Tanzania sets aside 400,000 hectares of land for wheat cultivation
  • Unilever completes sale of tea business to the CVC Capital Partners

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
July 5, 2022

Pernod Ricard plans new business unit to drive growth of whiskey portfolio in America https://t.co/6IrKMYzBeK

#investment #Americanwhiskey #usa
@Pernod_Ricard

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
July 5, 2022

Northern Ireland dairy cooperate Dale Farm buoyant after posting highest profit to date in FY2022 https://t.co/vHEP584cBZ

#profit #financials #uk
@DaleFarm

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
July 5, 2022

Mycorena partners with Tetra Pak to construct an alternative proteins plant in Sweden https://t.co/zk1i1pf41n

#investment #partnership #alternativeproteins #sweden
@Mycorena_AB @tetrapak Pak

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
July 5, 2022

#Dairy Innovation Monday: New launches from Nestlé, Pinkberry, Beyond Better Foods, Mars, and DiGiorno https://t.co/0MJxGnSage
#dairy #launch #innovation
@Nestle @Pinkberry

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
July 4, 2022

Packaging equipment supplier Krones opens cold glue manufacturing facility in Ethiopia https://t.co/aGqGbSsWs2
#FoodNews #FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #Packaging @KronesAG @KronesInc

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