Sugar & Confectionery
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Unilever merges food business with McCormick
Unilever explores $15.7bn deal with McCormick to combine food business, as it accelerates portfolio restructuring and responds to investor pressure for growth.
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FABAG urges Ghana government to review sugar classification as costs rise for manufacturers
FABAG warns Ghana’s sugar classification policy is driving up production costs and prices, urging reforms to support manufacturers and strengthen industrial competitiveness.
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Meiji Holdings cuts profit forecast after US$122B impairment on China food operations
Meiji revises profit outlook downward following fresh China impairments, citing weak sales, rising costs, and operational challenges across dairy, ice cream, and chocolate segments.
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Valeo Foods to acquire Bulgaria’s Prestige-96 to expand European sweet treats portfolio
Valeo Foods expands in Europe with Prestige-96 acquisition, strengthening its sweet baked goods portfolio and unlocking new growth opportunities across Bulgaria and international markets.
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Dangote Sugar to raise US$330M via rights issue to fund expansion and strengthen balance sheet
Dangote Sugar plans a $330 million rights issue to reduce debt, fund expansion and boost local sugar production under Nigeria’s backward integration strategy.