M&As, Funding & Investments
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Tetra Pak inks US$2.5M deal with Uniboard for beverage carton recycling project in Egypt
EGYPT – Swedish-Swiss multinational food packaging and processing company, Tetra Pak has just signed a US$2.5 million contract with Uniboard for the establishment of a…
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ADM opens North American microbiology laboratory, outlines key trends for dairy
US – Archer-Daniels-Midland Company (ADM) has opened its US$3 million new North American microbiology laboratory at its specialty manufacturing facility in Decatur, Illinois. Covering more…
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Grupo Bimbo, Kings Hawaiian plan new US plants to meet growing consumer demand
USA – Mexican multinational bakery and snacks company, Grupo Bimbo and its peer Kings Hawaain, are planning new factories in the United States to meet…
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Algerian super app Yassir clinches US$150 million Series B funding for expansion
ALGERIA – Yassir, an Algerian multi-sided marketplace offering on-demand services such as ride-hailing, food and grocery delivery, banking and more, has raised US$150 million in…
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Coca-Cola Beverages South Africa gives fresh impetus to SME fund committing US$5.6m in next 5 years
SOUTH AFRICA – Coca-Cola Beverages South Africa (CCBSA) has announced its support to the growth and development of small and medium enterprises in the country…