FRANCE – French food company, Danone SA has agreed to sell Aqua d’Or, its water-and-beverage business in Denmark, to local brewing-and-beverage company Royal Unibrew AS. …
INDIA – Tata Consumer Products has signed a definitive agreement to acquire 100 per cent equity shares of Tata SmartFoodz Limited (TSFL), from Tata Industries for a cash…
SWITZERLAND – Swiss chocolate maker, Barry Callebaut has seen trade volumes return back to pre-pandemic levels thanks to pandemic-weary customers returning to cafes and bakeries…
Cocoa industry in Africa is one dogged with challenges ranging from poor farmer incomes to child labor and deforestation. Continued focus on sustainability and fairtrade has however ushered a new era for cocoa, promising a better future for the crop that sustains the US$150 billion chocolate industry.
Ethiopia, the home of coffee, has its eyes on a greater share of the global coffee industry. From industry liberalization to greater efforts in international marketing, the Ethiopian coffee is on a new growth pedestal.