Zeder shareholders to rip big upon completion of Pioneer Foods buyout

SOUTH AFRICA – Agribusiness and food-focused investment group Zeder expecting subdued value growth in the rest of its financial year, is set to return capital to shareholders and invest in new opportunities if the sale […]

Sugar processor Tongaat postpones release of audited full year financial results

SOUTH AFRICA – South African based sugar producer, Tongaat Hulett, has again postponed the release of its audited financial statement for the latest full year ended March 31 from the previously anticipated release date of […]

Dutch animal nutrition company Nutreco acquires premix company ANH South Africa

SOUTH AFRICA – Nutreco, Dutch animal nutrition company has acquired the South African premix and macro feed company, Animal Nutrition and Health (ANH) from Kaonne Investments for an undisclosed amount to expand its market share […]

Nampak sells glass business for US$125m to AB InBev’s affiliate Isanti Glass 1

SOUTH AFRICA – Nampak, a South Africa based diversified packaging manufacturer, has sold its glass business to Isanti Glass 1 for about R1.5bn (US$125m). Isanti Glass 1 is 60% owned by investment firm Kwande Capital, […]

AFMASS Southern Africa edition

AFMASS Southern Africa is the food & beverage and milling industry’s premium conference and exhibition attended by key decision makers from Southern Africa Africa to trade, network and learn the latest processing, packaging and safety […]

Famous Brands to take over Kenyan local franchises Steers, Debonairs

KENYA – South African based restaurant franchisor, Famous Brands is set to take direct control over seven outlets of Steers and Debonairs in Kenya previously run by local franchisee Hoggers. Famous Brands is set to […]

Musgrave teams up with Distell to launch premium crafted brandies

SOUTH AFRICA – Musgrave Crafted Spirits, South African based Gin producers in partnership with Distell, wine and spirit producer have launched two new premium craft spirits, Musgrave Copper Vanilla and Musgrave Copper Black Honey entering […]

Huhtamaki acquires 70% stake of South Africa based Everest Flexible

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 […]

South Africa drafts a bill on feed, pet food and fertilizer manufacturing

SOUTH AFRICA – South Africa’s Department of Agriculture, Land Reform and Rural Development has proposed changes to the Feeds and Pet Food Bill and the Fertiliser Bill, governing the regulation and licensing of facilities that […]

Competition Tribunal approves Clover’s acquisition by Milco SA

SOUTH AFRICA – South Africa’s Competition Tribunal has approved the US$343.95m (R4.8bn) takeover of South Africa’s branded foods and beverages group Clover Industries Limited by Milco SA. The consortium Milco SA led by Tel Aviv-based […]