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M&As, Funding & Investments
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Mane expands in USA’s flavour industry with new manufacturing facility
It incorporates advanced robotic technologies for increased automation features, sourcing 30% of its energy from solar power.
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India’s Red Rhino launches advanced brewery to expand craft beer distribution in Bangalore
Red Rhino’s Malur facility enhances beer freshness and scale, bringing premium craft brews to more venues across Bangalore.
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Cal-Maine to acquire Echo Lake Foods in a US$258 million deal
Cal-Maine is diversifying its portfolio by purchasing ready-to-eat egg products maker Echo Lake Foods. The transaction is expected to close by end of fiscal 2025, pending regulatory approval.
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Indonesia’s Kopi Kenangan enters Indian market with first coffee outlet in Delhi
Kopi Kenangan opens its first Indian store in Delhi, aiming to expand to 50 outlets and source coffee locally.
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Pee Cee Holding secures US$12M IFC loan to expand onion farming in Sierra Leone
The US$12 million loan will support a 500-hectare farm in Lungi, boosting food production and local supply chains.