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M&As, Funding & Investments
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NewPrinces acquires Italian baby food brand Plasmon from Kraft Heinz
The deal reunites Plasmon with Princes Group, strengthening its baby food and specialised nutrition footprint in Italy and Europe.
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AB InBev to reacquire minority stake in US metal container plants for US$3B
The brewer says the deal will strengthen supply security and is expected to be earnings per share accretive.
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Champion Breweries launches US$29.38M public offer to fund Bullet brand expansion across Africa
Champion Breweries opens N42bn public offer to finance Bullet brand acquisition and accelerate regional expansion.
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Bactolife raises over US$34.9M in series B funding to commercialise precision-fermented binding proteins
Danish biotech start-up Bactolife secures major funding to scale precision-fermented proteins for food, supplement and feed markets.
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FPS Food Process solutions expands operations globally with new facilities
FPS plans multiple international facility expansions to enhance food manufacturing capabilities