LATEST NEWS
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Japanese food processing giant expands European presence with acquisition of UK’s Northcoast Seafoods
UK – Maruha Nichiro, one of the largest fishery, aquaculture, and food processing companies in the world, has bolstered its European presence with the acquisition…
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CVC Capital acquires majority stake in German nutrition firm The Quality Group
GERMANY – Luxembourg-based private equity and investment advisory firm CVC Capital Partners has acquired a majority stake in Germany-based sports nutrition business The Quality Group.…
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US commits US$2.1 billion to help create a fairer, competitive, and resilient food system
US – The US Department of Agriculture is committing up to US$2.1 billion to support activities aimed at creating a “fairer, more competitive [and] more…
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Local Zambian investor opens maize milling plant, eyes DRC export market
ZAMBIA – Zambia based OTH Kalume Agric Implements and Mechanical Services, has opened a K2.5 million milling plant in Kabwe, with a production capacity of…
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Delta Corporation reports 58% growth in full year revenue driven by volume growth in most segments
ZIMBABWE – Delta Corporation, Zimbabwe’s largest beverage company, has reported a 58% growth in revenue in inflation adjusted terms for the year ended March 31,…