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Tuesday, January 31, 2023
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Breaking News
  • 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
  • <strong>Appolinaire Djikengm becomes first African to lead the International Livestock Research Institute</strong>
  • 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
  • Persistent outbreak of African Swine Fever casts dark shadow on South African pig industry
  • Tata Coffee Q3 net profits fall by 44.71 as Starbucks expands US delivery partnership with DoorDash Inc
  • Nestlé to invest US$100 in Colombia to increase production capabilities
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  • Mango farmers in Tana River county, Kenya, urged to utilize fruit processing factory to reduce post-harvest losses
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Tag: Mergers, Acquisitions & Divestments

Namuh and Ginkgo join forces to develop infant formula products that closely resemble breast milk

January 23, 2023January 23, 2023

company involved in cell programming and biosecurity, to develop functional oligosaccharides structurally similar to breast milk. Human milk oligosaccharides (HMOs)…

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Dairy & Infant Foods Mergers & Acquisitions WORLD NEWS 

SAB objects to Heineken’s Distell takeover, considers cider brands sell-off

January 20, 2023January 20, 2023

SOUTH AFRICA – South African Breweries, a Johannesburg-based subsidiary of Anheuser-Busch InBev, has reportedly objected the Heineken’s takeover of Distell,…

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AFRICAN NEWS Beverages LATEST NEWS Mergers & Acquisitions 

Taste & nutrition expert Kerry offloads sweet ingredients portfolio to IRCA for US$538M

January 12, 2023January 12, 2023

NETHERLANDS – Global supplier of taste and nutrition solutions Kerry Group has entered into exclusive negotiations to sell the trade…

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LATEST NEWS Mergers & Acquisitions Supplier News & Innovations WORLD NEWS 

Molson Coors offloads three RTD alcohol brands to Global Brands

January 6, 2023January 6, 2023

UK – American multinational drink and brewing company, Molson Coors has divested its three alcohol brands to independent drinks company…

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Beverages LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Food service management startup Suplyd raises US$1.6m, Appetito merges with Jumlaty

December 16, 2022December 16, 2022

EGYPT – Suplyd, an Egypt-based startup that digitises supply chain operations for the Mena region’s hotels, restaurants, and catering (HORECA)…

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AFRICAN NEWS Food service, Retail, E-commerce Investments & Funding News LATEST NEWS Mergers & Acquisitions 

Shoprite directed by Competition Tribunal to let go of 10 Massmart’s stores in acquisition deal

December 13, 2022December 13, 2022

SOUTH AFRICA – South African giant retailer Shoprite has received the green light from the Competition Tribunal to acquire the…

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

Chr. Hansen to become part of Novozymes in biggest-ever Danish food industry deal

December 12, 2022December 12, 2022

DENMARK – Chr. Hansen, a leading ingredients supplier for the food, pharmaceutical and agricultural industries, is set to become part…

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LATEST NEWS Mergers & Acquisitions Supplier News & Innovations WORLD NEWS 

Keurig Dr Pepper invests US$863m for 30% stake in active health and wellness company Nutrabolt

December 9, 2022December 12, 2022

US – Keurig Dr Pepper (KDP) is investing US$863 million in Nutrabolt, a fast-growing, global active health and wellness company,…

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

US dairy goat companies Jackson-Mitchell and Redwood Hill farm join forces to form Darey Brands

December 4, 2022December 4, 2022

USA – US dairy goat companies Jackson-Mitchell and Redwood Hill Farm & Creamery Inc., have agreed to merge into a…

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Dairy & Infant Foods LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Cargill strengthens soybean processing capacity with acquisition of Owensboro Grain Co.

December 1, 2022December 1, 2022

USA – American food corporation Cargill has bolstered its US soybean processing capacity with the acquisition of Owensboro Grain Co.,…

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Grains, Milling, Baking & Feed LATEST NEWS Mergers & Acquisitions Supplier News & Innovations 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

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

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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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