LATEST NEWS
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Tata Coffee’s profits up 20% as parent company eyes acquisition of maker of Soulfull cereals
INDIA – Tata Coffee, one of the largest integrated Coffee cultivation and processing companies in the world, has reported a 20% rise in net profit…
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AgVentures buys into South African online farmer marketplace Skudu
SOUTH AFRICA – AgVentures, one of Africa’s leading agrifood tech investors, has acquired a stake in Skudu, a South African online marketplace for agricultural inputs…
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Kerry acquires China’s Jining Nature Group to expand its savoury offering in Asia Pacific
CHINA – Irish global flavour and ingredients company Kerry has acquired China’s Jining Nature Group, as it looks to expand its savoury offering in the…
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Uber to expand presence in food delivery market with acquisition of alcohol ecommerce platform Drizly
US – American technology company Uber is acquiring on-demand alcohol platform Drizly for about US$1.1bn as the ride-share company looks to expand delivery services that…
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World’s largest brewer AB-In Bev reaffirms commitment to US economy with new US$1bn investment
US – Anheuser-Busch, a wholly owned subsidiary of Belgium multinational drink and brewing company Anheuser-Busch InBev, has announced an investment of more than US$1 billion…