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M&As, Funding & Investments
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Kenyan distributor seeks Court block on Diageo’s US$2.3B EABL sale to Asahi
Bia Tosha asks Kenya’s High Court to halt Diageo’s EABL sale pending resolution of a competition dispute.
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Unilever Indonesia divests SariWangi Tea to PT Savoria Kreasi Rasa for US$89.5M
Unilever Indonesia to sell SariWangi tea business as it sharpens focus on higher-growth, scalable FMCG categories.
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McCormick raises stake in McCormick de Mexico to 75% in US$750m deal
Acquisition strengthens McCormick’s control of its Mexican joint venture and supports regional expansion plans.
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IMCD reopens modernised Cologne food & nutrition Lab
New life science hub integrates food, pharma and beauty labs to strengthen formulation, innovation and regulatory support.
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Al Ahram Beverages launches ‘Makanek’ initiative to boost women’s participation in supply chain, technical roles in Egypt
The initiative marks a milestone with Egypt’s first certified female forklift drivers joining ABC’s supply chain workforce.