M&As, Funding & Investments
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Gallianus Pesca Fishery launches in Angola in line with government’s drive to boost growth of fisheries sector
ANGOLA – Angola has welcomed the launch of the newly built Gallianus Pesca fishery, located in Benguela, with a freezing capacity of 190 tons and…
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Cayuga Milk Ingredients plans to make US$150m expansion at Auburn dairy processing plant
US – Cayuga Milk Ingredients, a farmer-owned dairy processing company, has laid out a US$150 million expansion plan for its dairy processing facility in Auburn,…
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Nestlé invests US$51.43m in building capacity for production of the newly launched Nescafé Dolce Gusto Neo machine’s pods
BRAZIL – Nestlé has invested more than EUR50m (US$51.43m) in its factory in Montes Claros in Brazil, to enable the company to build capacity that…
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Kenya secures US$4 billion investment from UK to support climate action
KENYA – The government of Kenya has secured a US$4 billion (KES 500 billion) investment from the UK government to support climate action in Kenya.…
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Strauss Group unveils StraussOne plan aimed at focusing more investment in four markets
ISRAEL – Strauss Group, the Israel-based food-and-beverage business, has unveiled a new business plan that will enable it to reach more profits by focusing on…