Sugar & Confectionery
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Candy Factory Angola invests US$34.9m in new confectionery processing facility
ANGOLA – Angola’s confectionery sector gains new investment following establishment of a new processing facility, Candy Factory Angola, at the Luanda-Bengo Special Economic Zone (ZEE).…
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Lotus Bakeries to construct new Biscoff facility in Thailand
THAILAND— Lotus Bakeries plans to construct a new Biscoff production facility in Thailand, as it looks to further grow the brand in the Asia-Pacific region. Belgium-based…
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Uganda based Modern Group of Companies invests US$30m in new sugar refinery factory
UGANDA – Modern Group of Companies, a diversified organization in Uganda, has broken ground for the construction of Kidera Sugar Limited in Buyende district, Eastern…
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Chewing gum gains pop in South Africa following launch of first locally manufactured brand
SOUTH AFRICA – South Africa has welcomed its first locally manufacturer chewing gum dubbed Mintex, following local sweets manufacturer Richester Foods pumping in millions of…
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Entrepreneurial Equity Partners acquires Roskam Baking company
USA— Entrepreneurial Equity Partners (e2p), a Chicago-based private equity firm focused on the food and consumer packaged foods industries has acquired Roskam Baking Co. with…