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Carrefour Kenya accelerates its expansion, taking over spaces formerly occupied by struggling retailers
KENYA – Carrefour Kenya is in an expansion spree, opening its 12th store in the country days after it opened doors to its new outlet…
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Nestlé eyes acquisition of recipe box business SimplyCook to strengthen direct-to-consumer offerings in the UK
UK – Swiss food manufacturing giant Nestlé has agreed to acquire recipe kit company SimplyCook in a further move to strengthen its direct-to-consumer offerings in…
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Impact investor Sanlam Private Equity acquires majority stake in SA premium red meat supplier Cavalier Group
SOUTH AFRICA – South Africa’s state-owned development bank Land Bank along side an agricultural and trading firm Griekwaland-wes Korporatief Bpk (GWK), have sold their stake…
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Grupo Bimbo expands presence in India’s baking industry with acquisition of Modern Foods
INDIA – Grupo Bimbo, a leading Mexican bakery, has bought Indian bread brand Modern Foods from EverFoods Asia, a bread and bakery platform of private…
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Donnie King appointed as Tyson Foods Group Chief Operating Officer
US – American multination meat corporation Tyson Foods has appointed group president of poultry Donnie King to the role of chief operating officer (COO). The…