M&As, Funding & Investments
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Molson Coors shifts focus from the declining beer sector to emerging beverage categories
CANADA – In a bid to reverse the collapsing Canadian beer market that has had a declining consumption since 1973, Molson Coors has taken ‘Brewing’…
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Cargill partners Singapore EDB to launch first digital business studio in Asia
SINGAPORE— Cargill has struck a 3-year partnership with the Singapore Economic Development Board (EDB) TO launch its first digital business studio in Asia designed to…
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Bar Magen to build Nigeria’s first salt, mineral block licks production unit following US$4.5m IFC backing
NIGERIA – Agro Bar Magen Nigeria (ABMN), the Nigerian subsidiary of Israel-headquartered livestock feed manufacturing company, Bar Magen, has received a US$4.5m financing package from…
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PepsiCo’s Indian arm Varun Beverage invests heavily in new plants to increase production capabilities
INDIA – Varun Beverage, the second largest bottling company of PepsiCo’s beverages in the world outside the USA, will soon set up a Rs 1,000…
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Pernod Ricard announces big CAPEX plans to protect future growth
FRANCE – The world’s second-largest wine and spirits seller, Pernod Ricard, is planning to accelerate spending on CAPEX, investments a company makes that are designed…