M&As, Funding & Investments

Lacasa acquires 22.3% of KKO International and forms a Côte d’Ivoire joint venture to localise chocolate production and strengthen integration across the cocoa value chain.

Pernod Ricard explores India IPO amid strong growth while competing for Brown-Forman acquisition, highlighting strategic expansion and premiumisation focus in key global spirits markets.

Dangote Sugar gains shareholder backing for N500bn capital raise to fund expansion, boost local production, and support Nigeria’s sugar self-sufficiency agenda.

Tongaat Hulett avoids immediate liquidation after securing additional funding, giving stakeholders time to negotiate a long-term rescue solution.

Varun Beverages Zimbabwe plans a US$650M investment spanning energy, agriculture and FMCG to boost jobs, manufacturing and renewable power capacity under Vision 2030.