M&As, Funding & Investments
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ADM invests US$300m in alternative protein production to meet strong demand
CHICAGO — American multinational food company ADM is expanding its alternative protein capabilities with a US$300 million investment in its facility in Decatur, Georgia to…
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Egyptian snacks giant Edita Foods expands operations in Morocco with opening of new facility
MOROCCO – Edita Food Industries, a leader in the Egyptian packaged snack food market, has inaugurated its first overseas production facility in Morocco. The inauguration…
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WaterEquity raises US$153 million for water and sanitation projects across Africa
AFRICA – WaterEquity, the first asset manager exclusively focused on water and sanitation, has raised US$153 million third impact investment fund, the Global Access Fund,…
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Nestlé adds new Board members, opens US$67m pet food plant expansion in Australia
SWITZERLAND – Shareholders of Swiss food manufacturing giant Nestlé S.A. have elected Luca Maestri and Chris Leong to the company’s Board of Directors. Luca Maestri…
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Singaporean Robust to build agricultural commodities processing complex in Nigeria with IFC backing
NIGERIA – IFC, has agreed to issue US$18 million in debt financing to Robust International (Robust), a Singapore-based agricultural company, for establishment of a modern…