Sugar & Confectionery – M&A, INVESTMENTS & FUNDING
-
Ferrero Group to acquire Bold Snacks to expand better-for-you portfolio in Brazil
Ferrero strengthens its presence in Brazil’s protein snack market with Bold Snacks acquisition, marking its entry into South America’s better-for-you segment and accelerating global portfolio expansion.
-
Hain Celestial sells North American snacks business to Snackruptors for US$115M
Hain Celestial divests its North American snacks unit to Snackruptors for $115 million as part of a strategy to reduce debt and refocus on core food and beverage categories.
-
IFC considers US$40M investment in Nile Sugar project to boost Egypt’s sugar production
IFC is reviewing a $40 million loan to support Nile Sugar’s expansion in Upper Egypt, aiming to strengthen domestic sugar production and reduce reliance on imports.
-
Nigeria launches US$7.2M sugar project acceleration fund to boost Greenfield sugar investments
The fund is set to help structure and finance new sugar projects, aiming to strengthen domestic production and build a competitive, investor-ready sugar industry.
-
Mars Wrigley expands sugar-free gum production in Athi River
Mars Wrigley Kenya is expanding sugar-free gum production at its Athi River plant, strengthening exports across Africa and the Middle East while planning further investments to scale manufacturing capacity.