Sugar & Confectionery
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Flour Mills of Nigeria excites consumers with launch of wholly Made-in-Nigeria Brown Sugar
NIGERIA – Flour Mills of Nigeria (FMN), through its sugar milling subsidiary, Sunti Golden Sugar Estates, has launched a wholly made in Nigeria brown sugar…
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Mars Wrigley strengthens R&D capabilities with US$40m investment in US innovation hub
USA – American multinational confectioner Mars Wrigley is strengthening its research and development (R&D) capabilities with a US$40 million investment in a new innovation hub.…
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Mondelēz International to acquire Mexican confectioner Ricolino for US$1.3B
MEXICO – American multinational confectionery company Mondelēz International is set to acquire mexican confectioner Ricolion from Grupo Bimbo for approximately US$1.3 billion. With approximately US$500…
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Tongaat Hulett appoints sugar industry veteran Graham Clark to its board
SOUTH AFRICA – South African sugar producer Tongaat Hulett, has appointed Graham Clark, the former MD of Illovo Sugar as an independent non-executive director of…
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Set back on revival of ailing Mumias Sugar as High Court cancel lease deal to Sarrai Group
KENYA – The High Court of Kenya has cancelled the multi-billion-shilling leasing tender for Mumias Sugar Company to Ugandan conglomerate Sarrai Group that was awarded…