M&As, Funding & Investments
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Nestlé Health Science invests US$43m in boosting capacity at Wisconsin factory
USA – Nestlé Health Science has invested US$43 million in its Eau Claire, Wisconsin factory, to increase capacity to meet the growing demand for its…
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Mauritian conglomerate IBL Group eyes more buyouts in aggressive expansion in Kenya
KENYA – Mauritian conglomerate IBL Group is moving aggressively to cement its presence in Kenya’s agrochemicals, consumer goods distribution, and other sectors a few months…
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Lotte Confectionery commits US$55M to expand its Indian facilities
INDIA – Lotte Confectionery, a South Korean food conglomerate that produces nuts, gums, candies, and ice cream among other products, has announced plans to invest…
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Togolese coffee processor KingCafé receives technical support from two Italian companies
TOGO – KingCafé, a Togolese company specializing in the industrial processing of coffee and cocoa, has signed two technical partnership agreements with Italian companies Morola…
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Blue Tokai Coffee Roasters raises US$30m to globalize operations and products
INDIA – Specialty coffee brand startup Blue Tokai Coffee Roasters has secured US$30 million in its latest Series B funding round to scale its business…