LATEST NEWS
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Nick’s raises US$100m in Series C funding to expand presence in healthy snacks market
SWEDEN – Swedish healthy snacks company, Nick’s is set to expand its presence in the better for you snack market following a successful series C funding…
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Distell does well in home market but exports hit by supply chain disruptions
SOUTH AFRICA – South African wine, cider and spirits company, Distell, has entered its new financial year ending 30 June 2022, with positive results reporting…
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Coca-Cola acquires sports drink brand Bodyarmor in US$5.6 billion deal, unveils first 100% plant-based plastic bottle
USA – Coca-Cola, a US-based multinational beverage company, has bought full ownership of sports drink maker Bodyarmor for $5.6 billion, making it the company’s largest…
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Kenya’s Twiga clinches US$50m to expand offering with launch of own branded products, boost traceability
KENYA – Twiga Foods, a Kenyan based business to business food distribution company, has closed its US$50 million Series C funding round, aimed to scale…
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Alpro expands plant-based capabilities in UK, Project Helix pumps US$256m to Welsh food industry
UK – Alpro, one of the leading European plant-based companies, has completed a £17m (US$23.22m) capacity expansion project at its Kettering production facility in an…