M&As, Funding & Investments
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DSM agrees to acquire postbiotics pioneer Adare Biome for US$301m
US – Royal DSM, a global science-based leader in health, nutrition and bioscience, has started acquisition talks with Adare Pharma Solutions to buy Adare Biome,…
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PepsiCo’s Crown Beverages inaugurates first phase of US$90m expansion project
UGANDA – Crown Beverages Limited (CBL), the franchise bottler for PepsiCo, has inaugurated a US$76m (Shs283.7b) new plant, which is the first phase of a…
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Kenya inaugurates 70-tonne avocado oil extraction factory in Kisii
KENYA- Kenya has launched a Kes355 million (US$2.62 million) avocado oil extraction factory in Kisii county, with a processing capacity of 70 tonnes of avocado…
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Morocco commissions US$2.3m abattoir to boost domestic meat supply
MOROCCO – The Moroccan government has commissioned a new slaughterhouse worth US$2.3m based in the province of Berkane to enable the country to meet the…
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Lactalis to expand whey production by 30% in New York facility
US – Lactalis, a French dairy group and a global whey producer, plans to invest US$32m in expanding its Buffalo facility in New York to…