M&As, Funding & Investments
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HORECA tech startup OneOrder raises US$3m in seed funding round to expand operations
EGYPT – OneOrder, Egyptian online one-stop shop that provides food supplies to hotels, restaurants and cafes, has raised US$3 million seed funding led by Nclude…
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Constellation Brands transits to emission-free agriculture through partnership with Monarch
US – Constellation Brands, the largest beer import company in the US, has partnered with Monarch, maker of the world’s first fully electric, driver-optional tractor,…
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Coca-Cola Europacific Partners Australia inaugurates US$43.7m Moorabbin can line
AUSTRALIA – Coca-Cola Europacific Partners plc (CCEP) Australia has inaugurated a new US$43.7 million state-of-the-art can line at its production site in Moorabbin, Victoria. The…
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Karlsberg and Warsteiner plan for joint independent purchasing company
GERMANY – Germany’s largest breweries Karlsberg Getränke Verbund and Warsteiner have coalesced to establish an independent purchasing company amid the rising costs of raw materials,…
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Bel Group to form cheese joint venture with India’s Britannia Industries
INDIA – French multinational cheesemaker, Bel Group, has entered into a joint venture (JV) agreement with biscuit and dairy products maker Britannia Industries and Britannia…