Beverages – M&As, Funding & Investments

The investment includes a new infant formula plant in Minas Gerais, upgrades to an existing nutrition facility and a 15% increase in whey production.

The investment gives Tilaknagar Industries a 30% stake in Black Tiger Distilleries and marks its first strategic move into the agave-based spirits category.

The divestment covers Nature’s Bounty, Osteo Bi-Flex and Puritan’s Pride as Nestlé focuses its portfolio on coffee, petcare, food and snacks.

The project will replace heavy fuel oil with green electricity at Kilinto Brewery, supporting Heineken Ethiopia’s goal of reducing emissions and strengthening local production.

The retailer’s latest results show stronger sales and earnings, while its Vida e Caffè acquisition expands its presence in South Africa’s coffee and convenience market.