M&As, Funding & Investments
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Heineken Spain accelerates transition to green energy with investment in new mega solar thermal plant
SPAIN- Brewer of popular Amstel and Heineken beer brands, Heineken and French energy solutions provider Engie are working together to construct a mega solar plant…
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Mondelēz divests developed-market gum businesses to Dutch-based Perfetti Van Melle Group
USA – American multinational confectionary and snack food company, Mondelēz International, has announced a divestiture of its developed-market gum businesses to Perfetti Van Melle Group.…
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Umiami secures US$34.7M funding to drive global expansion in plant-based meat alternatives
FRANCE -French food tech company Umiami has successfully closed a US$34.7 million financing round aimed at accelerating its global expansion in the rapidly growing plant-based…
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Danone expands Turkish production facility for specialized medical nutrition products with US$15.8M investment
TURKEY- Danone, a leading global food and beverage company has invested US$15.8 million in expanding its production facility in Lüleburgaz, Turkey, to enhance its production…
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Thanks to KHS technology: Cervejas de Moçambique realizes a returnable glass line in Africa
Using high-tech from KHS, AB InBev subsidiary Cervejas de Moçambique has now built the most modern brewery in Africa. The heart of the system is…