M&As, Funding & Investments
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Diageo invests US$27m in tripling production of Guinness 0.0 in Dublin
IRELAND – Diageo’s Guinness has invested €25 million (US$27.25m) in a new facility at St. James’s Gate in Dublin, Ireland, to triple production of its…
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Qatari dairy and juice group Baladna acquires additional shares in Egyptian peer Juhayna Food Industries
EGYPT – Qatari dairy and juices group, Baladna, has made another tranche of investment in Egyptian peer, Juhayna Food Industries, in the form of shares…
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Mars seeks to double ice-cream business sales by 2030, upgrades Burr facility
USA – Mars Inc., a leading global manufacturer of chocolate, chewing gum, mints and fruity confections, has announced its plans to double its global ice-cream…
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Kenya to bolster capacity of state owned dairy New KCC in push to boost fortunes for farmers
KENYA – Kenyan government is set to reform the dairy sub-sector through the modernization of one of the leading dairy processor in East and Central…
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MANE opens new production base in Pinghu to boost Chinese market development
CHINA – MANE, one of the worldwide leaders in the fragrance and flavor design industry, has inaugurated a new factory located in Pinghu, Zhejiang, positioning…