M&As, Funding & Investments
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Apollo Agriculture secures smallholder loans in Kenya’s US$2.5M pioneering deal
As a result, higher crop yields and stable incomes translate into more reliable food supply chains across East Africa.
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Brown-Forman rejects US$15B Sazerac takeover bid
Brown-Forman has rejected a $15 billion all-cash bid from Sazerac, following failed merger talks with Pernod Ricard as consolidation pressure builds in the spirits sector.
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IFF opens Vanilla Innovation Center in Madagascar
The Vanilla Innovation Center will enhance vanilla research, extraction, flavor development and sustainability while strengthening collaboration with growers and global customers.
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Sunbeth Global Concepts to build 70,000-tonne cocoa, 80,000-tonne cashew processing plants in Africa expansion drive
Sunbeth Global Concepts is investing in large-scale cocoa and cashew processing plants to expand Africa’s agro-processing capacity and strengthen value addition across supply chains.
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Diageo opens US$351.1M Littleconnell brewery in Ireland as part of US$1.2B investment drive
Diageo has opened its new €300 million Littleconnell Brewery in Ireland, boosting production capacity, sustainability goals, and global Guinness expansion.