M&As, Funding & Investments
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State owned dairy New KCC to set up US$5.16M milk processing plant in Narok County
KENYA – The government through the new Kenya Cooperative Creameries (KCC), is set to build a US$5.16 million (Kes 750 million) milk processing plant in…
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Mozambican subsidiary of Illovo Sugar in need of US$100m to recover from flood destructions
MOZAMBIQUE – Maragra Sugar Company, a Mozambican producer of raw and brown sugar, requires at least an investment of US$100 million to help it recover…
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Fonterra, DSM back animal-free dairy protein start-up Vivici in seed funding round
NEW ZEALAND – Fonterra, a multinational publicly traded dairy co-operative, has invested in the seed funding round of Vivici, a Dutch start-up producing animal-free dairy…
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Britvic invests US$24.5m in expanding Beckton’s facility production by 30%, advances eco-friendly production
UK – Soft drinks manufacturer Britvic has kick-started its plan to significantly expand the East London factory production by nearly 30% with a £22.5m (US$24.5m)…
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British multinational drink company Diageo to invest US$33.19M in expanding Baileys facility
UK – British multinational alcoholic beverage company Diageo has received regulatory permission to expand its Baileys global supply facility in Mallusk, Northern Ireland, at a…