M&As, Funding & Investments
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Multivac plans new production site in India to bolster presence in South Asia
INDIA – Packaging solutions provider Multivac is planning to invest €6.8 million (US$7.7m) in a new manufacturing site in Ghiloth, India, in a move to expand its production…
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Mondelez invests US$23m to expand Oreo cookies production capacity in Indonesia
INDONESIA — American multinational confectionery and snack food company Mondelez International, has invested US$23 million to expand its production capacity in Indonesia to meet rising…
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E-commerce platform ExpandCart raises US$2m Pre-Series B to expand current market base
MENA – ExpandCart, leading e-commerce platform headquartered in Egypt, has raised US$2.7 million in a Pre-Series B bridge deal headed by Hong Kong’s Betatron Venture…
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HRD Industries invests US$12 million in cashew nut shell processing plant in Benin
BENIN – HRD Industries, a subsidiary of Indian multinational HRD Group, is seeking to set up a US$12 million (CFA 7 billion) cashew nut shell…
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Cargill to invest US$48m in expanding value-added corn production capacity
USA — American global food corporation Cargill has announced plans to invest US$48.25 million in expanding its capacity to produce value-added corn. The money will…