M&As, Funding & Investments
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Uganda-China collaboration to revive Katwe Salt Project with US$736.5 million
UGANDA – A joint venture between Uganda’s Rwenzori Salt Industries and Chinese company Shining Star Group is seeking to invest Ush. 2.7 trillion (US$736.5 million)…
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Nestlé joins EU cage-free egg call as Nespresso expands Swiss facility to meet rising demand for coffee
SWITZERLAND – Swiss food manufacturing conglomerate Nestlé is now using only cage-free eggs in all its food products in Europe, as part of its wider…
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Meatless Farm, Barvecue to build new plant-based facilities in North America
CANADA/US – Plant-based companies Meatless Farm and Barvecue have announced plans to build new facilities for their respective business in North America. Meatless Farm, a…
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DS Smith to invest in two new packaging facilities as Belvac boosts can development capabilities
EUROPE – British multinational packaging company, DS Smith has announced a £100 million (about US$139 million) investment in two new packaging sites in Europe to…
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Oatly to build plant-based oat drinks factory in UK as Arla Foods proposes closure of creamery site
UK – Swedish vegan brand Oatly has unveiled plans for a new plant-based dairy manufacturing plant in Peterborough at a time when Arla Foods is…