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M&As, Funding & Investments
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Allied Blenders enters Malaysia with local production partnership
ABD’s Malaysia entry expands its overseas manufacturing strategy as the spirits maker seeks to grow international revenues through asset-light partnerships.
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SAL Zones secures US$667M Shariah-compliant loan from Saudi Awwal Bank for logistics expansion
The financing will cover capital and operating expenses for the SAL Logistics Zone project.
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Varun Beverages enters India’s alcoholic drinks market with new RTD subsidiary
The new subsidiary will target India’s ready-to-drink alcoholic beverages segment, subject to regulatory approvals.
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Third Wave Coffee raises US$43M to expand Café Network across India
The Bengaluru-based specialty coffee chain will use the fresh funding to open new cafés and expand its recently launched Third Rush Desserts business.
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Above Food raises US$1.38M as Canada’s agri-food investment accelerates
The strategic funding comes as Above Food advances its restructuring, Nasdaq relisting efforts and commercialization plans.