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Investments & Funding
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Hotpack Global inaugurates largest manufacturing plant in Dubai
UAE – Hotpack Global, the largest manufacturer of disposables Food Packaging Products in six oil-rich Arabic nations, has inaugurated its largest manufacturing plant in National…
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Coca-Cola Beverages Northeast inc. on course with US$22.61 million expansion project
US – Coca-Cola Beverages Northeast inc., a bottler of Coca-Cola, Dr. Pepper, and Canada Dry soft drinks in the New England region as well as…
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Nestlé to invest US$1.8bn in Saudi Arabia to cement presence in Middle East and North Africa
SAUDI ARABIA – Swiss food giant Nestlé is going to invest up to seven billion riyals (US$1.8 billion) in Saudi Arabia over 10 years in…
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Danish Crown invests US$103m in construction of gammon and bacon plant in UK
UK – Food giant Danish Crown has plans of investing £ 100 million (US$103m) in the construction of a gammon and bacon plant in Rochdale,…
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Kirin Holdings backs Indian craft brewer Bira 91 in raising US$70m to ramp up production
INDIA – Bira 91, an Indian craft beer maker, has raised US$70 million in a series D funding round led by Japanese beer company Kirin…