M&As, Funding & Investments
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Ugandan Yo Kuku chicken brand owner to bag US$7m from IFC to spearhead expansion plan
UGANDA – HMH Rainbow Ltd, a producer of fresh and frozen chicken in East Africa under the brand name Yo Kuku, is eyeing financial backing…
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ADM to invest US$350m in soybean crashing capacity to meet rising demand
US – Archer Daniels Midland (ADM) has announced that it will invest approximately US$350 million to build a new soybean crushing plant in North Dakota,…
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Flipkart to expand warehouse capacity to strengthen grocery handling infrastructure
INDIA – Flipkart, one of the largest online grocery retailers in India, has said it plans to expand its fulfilment centre capacity for grocery by…
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Kellogg Europe invests US$168m in expanding snack manufacturing capacity to meet rising demand
EUROPE – Kellogg Europe has invested US$168.5 million in expanding manufacturing capacity of its snack brand Pringles to meet rising demand for snacks in Europe.…
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Hilmar to build new cheese and whey facility in Kansas to meet rising demand
US – Hilmar Cheese Company, one of the world’s largest producers of high quality American-style cheese and whey products, has announced plans to build a…