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M&As, Funding & Investments
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Heineken Beverages, Absa launch US$69.74M funding programme to boost black-owned SMEs in South Africa
The joint initiative aims to expand financing, skills support, and market access for Black-owned SMEs facing economic pressures.
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South Africa’s Eskort rolls out robotic slicing line for premium meats
Eskort has installed a new robotic production system in its Gauteng plant.
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Walmart receives US$257M incentive to open first fully-owned beef plant
Olathe approves tax breaks for Walmart’s new case-ready beef facility.
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JBS’s subsidiaries acquire Hickman’s Egg Ranch and Prime Cut Meats in U.S. and Australia
Mantiqueira USA and Andrews Meat Industries, both linked to JBS, expand into new markets through acquisitions.
Hickman’s Egg Ranch and Prime Cut Meats provide entry into U.S. and Australian protein sectors.
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AB InBev in talks to acquire BeatBox Beverages for US$700M
The brewer is negotiating a major acquisition as it seeks to strengthen its ready-to-drink portfolio and youth-market reach.