M&As, Funding & Investments
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World Bank identifies US$167M avocado, mango investment opportunity in Kenya
The findings highlight the gap between Kenya’s raw-export model and the value it could capture through domestic processing.
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AD Ports closes US$835M CLI acquisition in Brazil
CLI has become an operational member of AD Ports Group’s international portfolio, marking the Group’s first strategic entry into South America.
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Hormel Foods to acquire Brakebush Brothers for US$1.05B
The acquisition will expand Hormel’s value-added chicken portfolio and foodservice capabilities as the company reshapes its protein business through strategic portfolio changes.
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Haribo cancels US$336.8M Germany factory plan
The confectionery maker will retain its existing Neuss facility and focus on modernising its German manufacturing network after shelving plans for a new plant.
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Cremica Foods plans US$72.82M IPO to fund international expansion, new products
The Punjab-based FMCG company plans to use IPO proceeds to expand its retail presence, enter new categories and strengthen operations across international markets.