July 31, 2024 | Africa

PepsiCo South Africa to sell Marmite, Bovril and Savoury Food Ingredients business 

The proposed acquisition demonstrates Lallemand’s ongoing commitment to the Southern African region Lallemand Inc (through its South African affiliate, Rymco Pty Ltd, trading as Anchor Yeast) has agreed to buy…

July 31, 2024 | Africa

FAO and EU sign 47 million euro programme to enhance food security in Eastern Africa

The programme is expected to directly benefit more than 100,000 households across Ethiopia, Kenya, Somalia, South Sudan, Sudan, Tanzania, and Uganda The Food and Agriculture Organization of the United Nations…

July 30, 2024 | Company News

ICL expands plant nutrition footprint in North America

The Second Growing Solutions acquisition this year adds local crop nutrition capabilities in US ICL, a leading global speciality minerals company, announced it has acquired Custom Ag Formulators (CAF), a…

July 30, 2024 | Company News

Ferrero-related company to acquire Nonni’s Bakery

Nonni’s Bakery has leveraged its premium biscotti expertise rooted in its Italian heritage to become a leading biscotti company in the US A Ferrero-related company, CTH Invest SA, announced that…

July 29, 2024 | Company News

Podravka and Fortenova group sign agreement for acquisition of Belje, PIK Vinkovci and Vupik

The transaction is valued at 333 million euros and Podravka will finance this acquisition through loans from commercial banks Following the successful conclusion of negotiations, Podravka and Fortenova group signed…

July 27, 2024 | Europe

Ireland launches £46million scheme to support agri-food and drink processors

The capital investment will assist companies in adopting greener technologies, aligning with our net-zero targets. Importantly, it also aims to boost the sector’s productivity Conor Murphy, Economy Minister of Ireland…

July 25, 2024 | Company News

BranchOut Food announces $3.925Mn CEO-led investment

The capital will be used to complete the build-out of the Company’s large-scale production facility in Peru BranchOut Food, a leading food technology company specialising in dehydrated fruit and vegetable-based…

July 17, 2024 | Australia

Pernod Ricard to sell international strategic wine brand to Australian Wine Holdco

Pernod Ricard will sell its wine division to a player of global scale, with a route to market solely dedicated to the wine industry Pernod Ricard (Paris: RI) announced the…

July 17, 2024 | Beverages

Coca-Cola HBC secures $130Mn loan to boost investment in Egypt

The loan will be complemented by a grant of $750,000 from the Global Environment Facility (GEF) to promote the implementation of advanced wastewater treatment technology and water management systems in…

July 10, 2024 | Beverages

Jayson Woodbridge acquires Madrigal Winery facility

This acquisition marks the third significant expansion in the last four years for Fortunate Son Wines Jayson Woodbridge, founder and owner of Hundred Acre Wine Group, has acquired Napa Valley’s historic Madrigal Winery. The…