LATEST NEWS
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Kosher approval for cultivated meat a major boost for Aleph Farms
ISRAEL – Aleph Farms has secured a major win in Isreal after the country’s chief Rabbi David Baruch deemed its cultivated meat products as Kosher…
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Barry Callebaut lowers 3-year growth guidance following quarterly sales drop as Lindt & Spruengli sales surpass US$5.3B
SWITZERLAND – The world’s largest cocoa and chocolate supplier, Barry Callebaut, has issued a new lower three-year guidance for growth, citing a return to pre-COVID…
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Nestlé Health Science invests US$43m in boosting capacity at Wisconsin factory
USA – Nestlé Health Science has invested US$43 million in its Eau Claire, Wisconsin factory, to increase capacity to meet the growing demand for its…
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Mauritian conglomerate IBL Group eyes more buyouts in aggressive expansion in Kenya
KENYA – Mauritian conglomerate IBL Group is moving aggressively to cement its presence in Kenya’s agrochemicals, consumer goods distribution, and other sectors a few months…
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SAB objects to Heineken’s Distell takeover, considers cider brands sell-off
SOUTH AFRICA – South African Breweries, a Johannesburg-based subsidiary of Anheuser-Busch InBev, has reportedly objected the Heineken’s takeover of Distell, questioning the strength of Heineken’s…