Sugar & Confectionery
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South Africa’s Premier FMCG expands confectionery portfolio with acquisition of Mister Sweet
SOUTH AFRICA – Premier FMCG, the manufacturer, distributer and marketer of branded and private label fast-moving consumer goods in Southern Africa, has acquired Mister Sweet,…
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Kenyan industrial conglomerate Devki Group drops out of Mumias Sugar leasing plan, dampening miller’s revival plan
KENYA – Devki Group of Companies, industrial manufacturing giant in Kenya, has withdrawn its bid to lease the troubled Mumias Sugar Company. The Founder and…
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Kenya’s manufacturing giant Devki Group invests US$16m in new fertilizer plant, seeks to pump in US$46m to revive Mumias Sugar
KENYA – Devki Group of Companies, industrial manufacturing giant in Kenya, has pumped Ksh 1.8 billion (US$16m) in the establishment of a new fertilizer plant.…
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Ferrero Group to expand snack portfolio with acquisition of Burton’s Biscuit Company
UK – Ferrero Group, an Italian manufacturer of branded chocolate and confectionery products, is looking to grow its biscuit portfolio with the acquisition of Burton’s…
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Flour Mills of Nigeria expands investment in Nigeria’s sugar industry as Shell Nigeria ventures into cassava processing
NIGERIA – Flour Mills of Nigeria Plc (FMN), has announced the acquisition of 20,450 hectares of land in Nasarawa State, to boost the backward integration…