LATEST NEWS
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PepsiCo snaps up 20% stake in Romanian bottled-water business Aqua Carpatica
ROMANIA – Food and beverage giant, PepsiCo, has entered into a strategic agreement with Carpathian Springs to acquire a 20% stake in Romanian bottled-water business…
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Dairy Farmers of America acquires two processing facilities to expand investment in dairy space
US – Dairy Farmers of America (DFA), a national milk marketing cooperative in the US, has acquired two extended shelf-life (ESL) processing facilities from dairy…
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Flour Mills of Nigeria’s attains 45% growth in top-line performance in Q1
NIGERIA – Nigeria’s leading integrated Food and Agro-allied group, Flour Mills of Nigeria Plc has reported a 45.3% rise in first quarter revenue to N339.6billion…
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Bel Group acquires majority stake in Chinese cheese maker Shandong Junjun to further growth in China
CHINA – French dairy major, Bel Group, is accelerating its growth in China with the acquisition of a 70% stake in cheese maker Shandong Junjun…
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Packaging solution provider Sidel expands footprint in East Africa with new office in Kenya
KENYA – Sidel, a leading provider of equipment, services and complete solutions for packaging beverage, food, home and personal care products, has opened a new…