M&As, Funding & Investments
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Nestlé commits US$550M to expand Brazilian confectionary operations
BRAZIL – Nestlé, the global food and beverage conglomerate, has revealed plans to invest a staggering US$550 million into expanding its chocolate and confectionery production…
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USAID-funded project boosts productivity of dairy cows in Kenya
KENYA – Over 190,000 dairy farmers in several counties in the country have managed to double their dairy production from 2 litres to 8 litres…
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FEMSA frames multibillion investment in new store as part of expansion move
MEXICO – Mexican Coca-Cola bottler FEMSA is considering investing between US$7 billion to US$8 billion in new store launches over the upcoming five to six…
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Nestlé to add four new production lines in Egypt in 4 months
EGYPT – Swiss multinational food and beverage giant, Nestlé, has revealed its plans to add four new production lines to its existing facilities in Egypt.…
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MSG launches new facility in US, Oatly expands into sustainable packaging
US – Milk Specialties Global (MSG), a protein and food ingredients manufacturer, has set up a new production facility in Jerome, Idaho, US, aiming to…