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M&As, Funding & Investments
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Senegal secures US$7M EU grant to boost food crop production
The funding will support smallholder farmers in the Groundnut Basin to strengthen food security.
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Food Empire expands in Central Asia with US$30M coffee factory in Kazakhstan
The new facility in Khorgos will boost coffee production for Kazakhstan and neighboring markets, strengthening Food Empire’s regional presence.
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Krones expands with 45% equity stake acquisition in Perfinox
The acquisition also aligns with Krones’ commitment to address the growing demand for packaged foods and beverages.
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Nadec subsidiary secures US$293 million for livestock farming, meat production project
Al-Ra’i National Livestock Company has obtained funding for sheep and goat farming to enhance the country’s livestock and meat production.
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Warrendale Wagyu signs US$407M deal to supply Aldi with beef steaks
The five-year contract will see Aldi become the UK’s largest seller of British wagyu steaks. Warrendale Wagyu has been supplying Aldi since 2020 and works with 800 British farmers.