M&As, Funding & Investments
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Mafrig Global Foods, SALIC acquire shares worth US$900m in Brazil’s poultry processor BRF SA
SAUDI ARABIA – Saudi Agricultural and Livestock Investment Co. (SALIC) and Marfrig Global Foods SA, have expanded their footprint into the meat industry by acquiring…
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Tanzania seeks to boost meat production to meet global market demand
TANZANIA – Tanzanian government has revealed its ambition to revolutionalize the country’s livestock sector aiming to take advantage of the increasing global red meat market…
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PepsiCo launches US$238m sustainable snack plant in Poland
POLAND – American food and drink giant PepsiCo has inaugurated a 1bn PLN ($238m) snack plant in the southwestern village of Święte, its fifth plant…
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Kemin launches BITEPod -a center of excellence for food innovation in Singapore
SINGAPORE- Privately-held global ingredient manufacturer Kemin Industries recently opened an innovation center, BITEPod, for its food technologies business at The Rutherford in Singapore Science Park. The new application-and-experience center…
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Brown–Forman Corp invests US$200m in expanding tequila production capacity at Casa Herradura distillery
MEXICO – Brown–Forman Corporation, one of the largest in the spirits and wine business in America, has outlined plans to expand its Casa Herradura tequila…