LATEST NEWS
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Hershey poised to expand offering with acquisition of better-for-you confectionery brand Lily’s
US – The Hershey Company, one of the largest chocolate manufacturers in the world, has entered into a definitive agreement to acquire Lily’s, a high-growth,…
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Kroger supports fight against food waste, hunger with US$2.5m investment in startups advancing upcycled food solutions
US — American retail company, Kroger has through its Zero Hunger/Zero Waste Foundation Innovation Fund set aside US$2.5 million to fund startups with innovative solutions…
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Heineken to explore new categories, considers takeover of South Africa’s Distell Group
SOUTH AFRICA – Heineken NV, the world’s second-largest brewer seeks to enter new alcohol market categories of wine and spirits, as it eyes ownership of…
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Kenya Breweries Limited raises a Tusker to being Kenyan, launches second phase of US$3m recovery program
KENYA – The Kenya Breweries Limited (KBL), subsidiary of East Africa Breweries Limited, is set to launch the second phase of the US$3m “Raise the…
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Constellation Brands acquires minority stake in La Fête du Rosé, debuts Svedka Cherry Limeade vodka
US – Constellation Brands has acquired a minority stake in US rosé wine brand La Fête du Rosé, as part of its initiative to improve…