M&As, Funding & Investments
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General Mills partners ALUS on US$2.3m Regenerative Agriculture investment
CANADA— General Mills is investing $2.3 million as part of a multi-year partnership with ALUS to support farmers and accelerate regenerative agriculture in Manitoba and…
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Benin’s Africa Negoce Industries receives US$2.7m financial backing from Oikocredit
BENIN – Social impact investor Oikocredit has provided a credit line of € 2.7 million (US$2.7m) to Africa Negoce Industries (ANI), a cashew trading and…
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Kingsland Drinks, Manchester Still invest in upgrading spirit production at Salford facility
UK – Kingsland Drinks, a premier independent UK supplier of wine and spirits, has partnered with Manchester Still to install a new fermentation and distillation…
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Keurig Dr Pepper names Ozan Dokmecioglu as CEO as profit hunt intensifies
US – American multinational soft drink company, Keurig Dr Pepper (KDP), has made some changes to its leadership, naming Ozan Dokmecioglu as the Chief Executive…
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Nestlé opens new US$340M Nescafé coffee factory in Mexico
MEXICO – Swiss multinational food and drink company, Nestlé, has opened a new US$340million Nescafé coffee factory in Veracruz, signaling a sourcing diversification at its…