Private-equity firm Abraaj said to delay IPO for South Africa's Libstar
Private-equity firm Abraaj Group is said to be delaying an initial public offering of shares by South African food company Libstar Holdings.
View ArticleKraft Heinz to sell South African JV stake to Pioneer Foods
US food giant Kraft Heinz is to sell its 50.1% stake in South African business Heinz Foods SA to joint venture partner Pioneer Foods.
View ArticleUnilever has complaint upheld in South African competition case
Anglo-Dutch consumer goods giant Unilever has had a complaint over a South African competition investigation upheld.
View ArticleDangote sells batch of assets to De United Foods Industries
Nigerian food company Dangote Flour Mills has struck a deal to sell parts of its noodle business to local peer De United Foods Industries.
View ArticleChocolate giants sign up to deforestation accord
Top cocoa-producing nations Côte d'Ivoire and Ghana and major confectionery companies have agreed to take action to help eliminate deforestation.
View ArticleDanish Crown buys into South African foodservice sector
Danish Crown has acquired a majority stake in the South African foodservice business Overberg Food Distributors.
View ArticleSouth Africa's Rhodes Foods ramps up capital investment in consolidation drive
South Africa's Rhodes Food Group plans to invest a further ZAR350m (US$25.5m) this fiscal year to upgrade existing facilities and consolidate operations following its recent acquisitions.
View ArticleEgypt's Edita enters $10m joint venture agreement in Morocco
Egypt's Edita Food Industries has signed a memorandum of understanding with Morocco's Dislog Group to form a US$10m joint venture.
View ArticleSouth Africa's Sea Harvest to buy local peer Viking Fishing
Sea Harvest, the largest frozen fish supplier in South Africa, has revealed it is to acquire local peer Viking Fishing for an undisclosed sum.
View ArticleEmmi ups stake in Tunisian dairy business
Swiss dairy group Emmi has increased its stake in Tunisian dairy business Centrale Laitière de Mahdia through Kaiku, its Spanish subsidiary.
View ArticleSouth Africa to review Woodland Dairy merger with Fairfield Dairy
South Africa's competition watchdog is expected to review a merger today (24 January) between dairy companies Woodland Dairy and Fairfield Dairy.
View ArticleFrench finance companies to support Senegalese dairy firm La Laiterie du Berger
A group of French finance businesses are supporting Senegal dairy business La Laiterie du Berger in its bid to increase its production capacity.
View ArticleSouth Africa conditionally backs Woodland Dairy, Fairfield Dairy merger
The merger between Gutsche Family Investments, which controls Woodlands Dairy, and local peer Fairfield Diary has been conditionally approved by competition officials in South Africa.
View ArticleSouth Africa's Aspen puts infant-formula business under strategic review
South Africa's Aspen Pharmacare is conducting a strategic review of its infant-formula business to "enhance the value'' of its nutritional division following an approach by a potential suitor last year.
View ArticleEarnings summary - Lotus Bakeries posts "record'' 2017; Pioneer Food turnover...
just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you...
View ArticleSavencia Fromage & Dairy ups stake in Delice JV
France's Savencia Fromage & Dairy has taken its shareholding in its cheese-making venture with Tunisia's Groupe Délice to 50%.
View ArticleSouth Africa's Tiger Brands offloads 51% Haco stake
South Africa-based consumer foods group Tiger Brands has sold its 51% stake in Haco Tiger Brands to Kenyan multi-millionaire Chris Kirubi, who now takes full ownership of the company.
View ArticleTiger Brands, RCL Foods issue product recalls amid South Africa listeria...
South Africa-based consumer foods group Tiger Brands is recalling its ready-to-eat chilled meat products amid a listeria outbreak linked to a factory of its subsidiary Enterprise Foods.
View ArticlePodravka closes China, sub-Saharan Africa operations; Middle East under watch
Podravka is closing its operations in China and sub-Saharan Africa - and the Croatia-based FMCG group is monitoring the performance of its business covering the Middle East and north Africa.
View ArticleRCL Foods says polony factory cleared of any listeria presence
South Africa's RCL Foods said its factory at Wolwehoek has been cleared of any presence of listeria amid an outbreak linked to polony meat products made at a subsidiary of peer Tiger Brands.
View Article