M&As, Funding & Investments
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Molson Coors to spend US$7M on greener operations at Canadian Brewery
CANADA – Molson Coors, a Canadian American multinational drink and brewing company, has announced a US$7.33 million investment in sustainable initiatives at its St. John’s…
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Kenyan govt to invest US$26M in modernizing state-owned coffee giant NKPCU as coffee sector reforms gain momentum
KENYA – The Kenyan government has revealed plans to allocate Ksh 4 billion (approximately US$26.42 million) to revamp and modernize the New Kenya Planters Cooperative…
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Coca-Cola India bottling partner to build US$84M bottling facility in Uttar Pradesh
INDIA – SLMG Beverages, a bottling partner of Coca-Cola India, is building a new six-line production facility in Trishundi, Amethi, Uttar Pradesh. Uttar Pradesh Chief…
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Smithfield Foods secures majority stake in Spain’s Argal Group in strategic partnership for packaged meat expansion
USA – Smithfield Foods, the European branch of the US-based pork producer, has revealed a partnership with Argal Group in Spain, with Smithfield securing a…
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Diageo completes sale of Windsor Global whisky unit to Korean company
UK – British multinational alcoholic beverage company, Diageo has completed the sale of Windsor Global whisky unit to a Korean company PT W Co., Ltd. …