M&As, Funding & Investments
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Kraft Heinz invests US$400m in building automated consumer packaged goods distribution center in Illinois
USA – Kraft Heinz, the fifth-largest food, and beverage company in the world, has allocated more than US$400m to build a new automated consumer packaged…
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Nestle invests US$108.9M to set up its 10th factory in India
INDIA – Nestlé, Swiss multinational food, and drink conglomerate corporation, has revealed its plans to invest US$108.9m to set up a new food processing unit…
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BrewDog plans to open 200 additional franchise locations across the globe
GLOBAL – BrewDog, a multinational brewery and pub chain, plans to triple the size of its bars and hotels business to around 300 venues by…
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Kayonza Growers Tea Factory sets up new subsidiary in Kanungu District
TANZANIA – Kayonza Growers Tea Factory has inaugurated a TZS 20.8 billion (US$0.854m) subsidiary in Mpungu, positioning Kanungu District as a prominent tea production hub.…
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Canadian government invests in DFC to bolster dairy sector, DFC appoints David Wiens as president
CANADA – Canada has invested more than US$7.5m into Dairy Farmers of Canada (DFC), an advocacy group created to form a single entity for representing…