Sugar & Confectionery – M&A, INVESTMENTS & FUNDING
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Dalmia Bharat Sugar approves US$132 million integrated sugar and bio-energy project in Tanzania
The investment will establish a large-scale sugar estate, manufacturing plant and cogeneration facility to strengthen Tanzania’s sugar production and regional supply.
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NASCO Group secures US$100M financing for Cameroon sugar refinery
The planned refinery is expected to boost local sugar production, create jobs and strengthen Cameroon’s agro-industrial supply chain by 2028.
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The Magnum Ice Cream Company opens Bengaluru R&D centre to accelerate ice cream innovation in India
The Bengaluru facility will drive consumer-led product, packaging and process innovation while strengthening India’s role in TMICC’s global ice cream research network.
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Investors to build US$11.3M sugar factory in Siaya as Kenya expands local sugar production
The proposed sugar mill will source cane from thousands of outgrowers, produce 138 tonnes of sugar daily and generate captive power to support its operations.
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AWL Agri Business acquires Madhur sugar brand
AWL Agri Business has acquired the Madhur sugar brand, strengthening its portfolio of household staples and expanding its presence in India’s branded consumer sugar market.