LATEST NEWS
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J&J Snack Foods acquires Dippin’ Dots to strengthen position in the US market
US – J&J Snack Foods, a US snack manufacturer, has signed an agreement to acquire beaded ice cream producer Dippin’ Dots for US$222 million in…
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Dodla Dairy acquires Sri Krishna Milks in push to establish a pan-India footprint
INDIA – Dodla Dairy, an Indian multinational dairy company has announced the acquisition of Karnataka-based Sri Krishna Milks (SKMPL) for Rs 50 crore (US$ 6.45…
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Nigeria welcomes launch of new food delivery outfit dubbed Konga Food
NIGERIA – Konga Food, a newly formed online food delivery arm of Nigeria’s composite e-commerce giant, Konga, has gone live, promising customers faster and efficient…
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Arla fully exits Russia, sells business to local management
Russia – Danish multinational dairy cooperative, Arla Foods has sold its business in Russia, just a few months since it announced the suspension of its…
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Kenya’s coffee production to decline by 10% while Uganda to register 6% jump in output
EAST AFRICA – Kenya’s coffee production in the market year 2022/23 is forecast to decrease by 10 percent to 700,000 bags due to lower yields…