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Investments & Funding
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India’s Red Rhino launches advanced brewery to expand craft beer distribution in Bangalore
Red Rhino’s Malur facility enhances beer freshness and scale, bringing premium craft brews to more venues across Bangalore.
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Cal-Maine to acquire Echo Lake Foods in a US$258 million deal
Cal-Maine is diversifying its portfolio by purchasing ready-to-eat egg products maker Echo Lake Foods. The transaction is expected to close by end of fiscal 2025, pending regulatory approval.
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Pee Cee Holding secures US$12M IFC loan to expand onion farming in Sierra Leone
The US$12 million loan will support a 500-hectare farm in Lungi, boosting food production and local supply chains.
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Mondelez invests US$78.7 M in its Toblerone factory to boost production
This investment underscores Mondelēz’s ambition to become the top player in the chocolate industry by 2030.
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FSA secures US$1.79M to launch innovation hub for novel food safety
The hub intends to protect consumers by ensuring the safety of new foods before they are sold and clarifying regulatory requirements for innovators and investors.