LATEST NEWS
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Unga Group partners with Dutch Nutreco to establish JVs in Kenya, Uganda
KENYA – Unga Group, a Kenyan-based holding company with investments in flour milling and manufacturing of human nutrition products and animal feeds, has forged an…
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Grupo Bimbo posts strong Q2 results, sells AI-focused subsidiary to Mekitec
MEXICO – Mexican multinational baking company Grupo Bimbo has reported strong Q2 results where net sales grew 6.6% driven volume growth in multiple categories, mainly snacks, confectionery, buns…
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Heineken posts 109% profit growth in H1 but full year optimism falls as commodity costs rise
NETHERLANDS – Dutch brewing company Heineken has more than doubled its first-half operating profit mainly driven by beer volume growth and a strong Heineken brand. The maker of Heineken, Tiger,…
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PepsiCo to offload majority stake in juice business to focus more on healthy snack and beverage portfolio
USA – American multinational food and beverage company PepsiCo has agreed to sell certain juice assets across North America and Europe to private equity firm PAI Partners for…
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Pick n Pay fully integrates Bottles operations into its business, re-branding to Pick n Pay asap!
SOUTH AFRICA – South Africa’s supermarket chain Pick n Pay has relaunched and rebranded its on-demand delivery service, Bottles, as Pick n Pay asap!. Bottles…