M&As, Funding & Investments
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Saputo expands US goat cheese capabilities, reports 24.1% revenue growth in Q1 2023
US- Canadian dairy company, Saputo, is streamlining its footprint in the US through a CAD45million (US$35 million) investment to convert its mozzarella cheese facility in…
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Chewing gum gains pop in South Africa following launch of first locally manufactured brand
SOUTH AFRICA – South Africa has welcomed its first locally manufacturer chewing gum dubbed Mintex, following local sweets manufacturer Richester Foods pumping in millions of…
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IFC, Switzerland backs Ghana’s five-year tree crops project worth US$100m
GHANA – Ghana’s Tree Crops Development Authority (TCDA), under the Ministry of Food and Agriculture, has launched a Five-Year Strategic and Implementation Plan geared towards…
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Britvic expands Rugby factory’s canning line, posts 11.2% rise in revenue
UK – British soft drinks producer, Britvic, has officially opened the new canning line that is part of a £26.9million (US$ 27.41m) investment in the…
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Firmenich unveils Taste & Beyond pilot plant in Anaheim, aims to accelerate diet transformation
US-Swiss flavor and fragrance company Firmenich has opened a Taste & Beyond pilot plant in Anaheim, California, which aims to help customers prepare for scaled-up…