Beverages – LATEST NEWS
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Twinings Ovaltine to invest US$32.2M in Lagos manufacturing plant
Twinings Ovaltine plans a new Lagos facility, creating jobs and strengthening exports as UK-Nigeria trade ties deepen across the consumer goods sector.
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Molson Coors acquires Monaco Cocktails owner Atomic Brands to expand RTD portfolio
Molson Coors strengthens its ‘Beyond Beer’ strategy with the acquisition of Monaco Cocktails, aiming to scale the RTD brand across the US market.
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SLMG Beverages may raise prices as packaging costs surge amid Middle East conflict
SLMG Beverages faces rising packaging costs linked to geopolitical tensions, with potential price hikes under review as competition intensifies in India’s fast-growing soft drinks market.
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Ultimum Limited boosts production with new plant in Nigeria
Ultimum Limited’s new Aba facility aims to expand Razzl production, create jobs and strengthen supply chains while supporting Abia State’s industrialisation and Nigeria’s growing beverage market.
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Danone to acquire Huel in strategic move into fast-growing complete nutrition market
Danone expands into complete nutrition with Huel acquisition, combining digital innovation and global scale to accelerate growth in nutritionally balanced meal solutions.