M&As, Funding & Investments
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Abbott expands Sturgis plant to bolster production of EleCare specialty formula
US – Abbott Laboratories, one of the largest US-based baby formula manufacturers, is undertaking a project that will expand the production of EleCare specialty formula…
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FMDQ Exchange admits Nigerian Breweries’, Neveah’s commercial papers
NIGERIA – Nigerian companies are increasing turning to commercial papers which are more short term, to raise working capital. The FMDQ, Africa’s first vertically integrated…
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Lake Ice cream unveils plans to build the greenest ice cream plant in UK
UK – Conquering the rife competition among SME ice cream manufacturers in the UK, North of England ice cream maker Lake Ice cream is aggressively…
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South Caernarfon Creameries hits 17% rise in revenue, invests US$3.77m in expanding Chwilog plant
UK – South Caernarfon Creameries (SCC), a Welsh farmer-owned dairy co-operative has hit a massive 17 percent increase in sales to a record-breaking £71.5 million…
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African-focused investors Tana Africa, Sango Capital back Nigerian grocery retailer Sundry Markets
NIGERIA – Sundry Markets, one of Nigeria’s fastest growing modern grocery retailers has received a minority investment from Africa-focused investment companies Tana Africa Capital and…