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Sugar & Confectionery – M&A, INVESTMENTS & FUNDING
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Lee Group, NSDC partner to build sugar project in Taraba to boost Nigeria’s self-sufficiency
The National Sugar Development Council and Lee Group unveil plans for a major sugar project in Taraba to enhance local production.
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Heritage Foods to acquire 51% stake in Peanut Butter and Jelly
Heritage Foods expands into guilt-free dessert market with majority stake in Get-A-Way maker.
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Hormel Foods to spin off Justin’s Brand in majority stake deal with Forward Consumer Partners
Hormel divests majority stake in Justin’s to unlock growth and sharpen brand focus.
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Chemelil Sugar Factory resumes operations after major modernization investment
The revived sugar mill aims to boost production efficiency following new investments and a leasing deal with Kibos Sugar.
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Oman nears launch of first sugar refinery at Sohar Port to boost local production
The new Sohar refinery will mark Oman’s entry into domestic sugar production, aiming to reduce dependence on imports.