SOUTH AFRICA – Huhtamaki, a global food and drinks packaging firm based in Finland is set to acquire a majority stake of 70% in South Africa-based flexible packaging manufacturer, Everest Flexibles for approximately €58 million […]
INDIA – BigBasket, an Alibaba-backed online grocer in India has merged two core business, the on-demand 90-minute delivery and planned next-day orders as it seeks increase efficiencies in its business. The Bengaluru-based grocery said that […]
BRAZIL – Agribusiness giant, Bunge Limited and BP Plc have agreed to create a new biofuels joint venture in Brazil, one of the world’s largest fast-growing markets for biofuels. The 50:50 JV will create a […]
DENMARK – DowDuPont, a specialty products unit formed by DuPont and Dow Chemical has combined the business divisions Nutrition & Health and Industrial Biosciences to strengthen its efforts in the nutrition and biosciences field. The […]
ASIA – The world’s soft drinks giant, Coca-Cola and New Zealand’s dairy co-operative, Fonterra have entered into a strategic alliance to capitalize on the growing dairy and beverages market in Southeast Asia. The companies are […]
INDIA – Coffee Day Enterprises, the operator of the Indian café chain, Café Coffee Day has announced that it has agreed to sell 49% stake in its consultancy services business to Japan-based Impact HD Inc. […]
USA – The global retail corporation, Walmart has expanded its grocery delivery team with the addition of four companies; Point Pickup, Skipcart, AxleHire and Roadie in the race to become a leader in the retail […]
EUROPE – The North American packaged foods company, Conagra Brands has said that it is exploring strategic alternatives for its frozen pasta business, Gelit, headquartered in Ninfa, Italy. The company has started the process led […]
SOUTH AFRICA – The proposed merger of Karan Beef Holdings with Karan Beef and Karan Beef Feedlot was approved by the Competition Tribunal with certain conditions reports, Fin 24. Karan Beef Holdings is a newly […]
USA – Marfrig Global Foods, the second largest Brazilian food processing company has acquired 91.89% stake in Argentinean beef products producer, Quickfood for US$55 million. Quickfood, which has three plants in Argentina, was under the […]
