Sugar & Confectionery – M&A, INVESTMENTS & FUNDING
-
Oyo Sugar and Derivatives project to create 500 jobs and support 1,000 sugarcane farmers in Nigeria
Oyo State’s new sugar project is expected to boost employment, strengthen sugarcane farming and support Nigeria’s drive toward greater domestic sugar production and self-sufficiency.
-
Chocolat Rouge begins production as Cameroon boosts local cocoa processing
The FCFA 40 billion Chocolat Rouge project has entered production, with its first chocolate bars expected to reach the market within weeks.
-
Davangere Sugar secures US$100M FCCB approval
The Indian sugar producer plans strategic investments in sugar and ethanol assets while establishing its first overseas subsidiary in the United Kingdom.
-
Ferrero invests US$69.3M in France to expand Nutella production
Ferrero’s latest investment package strengthens its French manufacturing network and supports the launch of Nutella Cookies production in Europe.
-
Ingredion agrees to acquire Tate & Lyle in multi-billion deal
Ingredion’s proposed acquisition of Tate & Lyle will create a US$9.9 billion ingredients powerhouse focused on sugar reduction, texture solutions, fortification, and food innovation.