M&As, Funding & Investments
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Alcostar Group embarks on global expansion with 3 additional microbreweries
INDIA – Alcostar Group, a manufacturer of various Indian Made Foreign Liquor brands, plans to add three more microbreweries in India over the next two…
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Food service management startup Suplyd raises US$1.6m, Appetito merges with Jumlaty
EGYPT – Suplyd, an Egypt-based startup that digitises supply chain operations for the Mena region’s hotels, restaurants, and catering (HORECA) industries, has clinched US$1.6 million…
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Food distributor Hume seeks to expand operations with US$1.69m investment in new dry store facilities
SOUTH AFRICA – South African food distributor Hume International is seeking to pump in R30-million (US$1.69m) towards expanding its dry store facilities to meet surging…
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Nigeria’s sugar sector captivates US$3Bn investment in last 10 years, implements Nigeria Sugar Master Plan phase 2
NIGERIA – Nigeria’s sugar sub-sector attracted investments worth US$3 billion in the last 10 years after a successful implementation of the Nigeria Sugar Master Plan…
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Fruit juice manufacturer Mulrines makes solid investment in North Ireland facility
UK – Irish fruit juice manufacturer Mulrines, has invested significantly in new drinks and liquid food manufacturing facility at Sion Mills, with plans to create…