M&As, Funding & Investments
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Nestle becomes major shareholder of Nestle Nigeria after acquisition of additional shares
NIGERIA – Nestle, the world’s largest food & beverage company, has disclosed its acquisition of an additional 40,894 units of shares of the Nigerian consumer…
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Azelis expands exclusive distribution agreement with MANE for flavours, taste solutions
CANADA – Azelis a leading innovation service provider in the specialty chemicals and food ingredients industry has expanded its distribution agreement with Mane, a leading…
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NatWest commits US$1bn in loan to support UK manufacturing industry transit to cleaner forms of energy
UK – National Westminster Bank (NatWest), a major retail and commercial bank in the United Kingdom, is providing £1bn (US$1.07bn) in lending to support investment…
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UK grants AfDB US$146m to support water projects in Egypt, Senegal
MOROCCO/ SENEGAL – The African Development Bank Group (AfDB), a multilateral development finance institution, has secured a €117million (146.8m) guarantee grant from the United Kingdom…
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PepsiCo replaces natural gas with green energy in crisp production at Netherlands site
NETHERLANDS – PepsiCo, in partnership with energy company Eneco, and leveraging technology from German start-up Kraftblock, is electrifying the production of Lay’s and Cheetos crisps…