PepsiCo-Pioneer Foods deal clears one competition hurdle
The proposed takeover of Pioneer Foods by US food and beverage giant PepsiCo has been ruled on by the competition watchdog in the South African company's home market.
View ArticleSouth Africa's Tiger Brands predicts profit slump on back of multiple issues
Tiger Brands, the South Africa-based food group, has issued new guidance on its half-year earnings expectations as it deals with multiple issues.
View ArticleNigerian meat processor Best Foods acquired by local ag-tech trading platform...
Best Foods, a Nigeria-based meat-processing business, has been acquired by a local ag-tech trading platform for an undisclosed sum.
View ArticlePepsiCo secures South Africa competition backing for Pioneer takeover
South Africa's top competition body has ruled on PepsiCo's US$1.7bn takeover of local food and drinks business Pioneer Foods Group.
View ArticleFrieslandCampina to acquire PZ Cussons' Nutricima dairy business
UK consumer goods giant PZ Cussons has announced the sale of its Nigerian dairy business Nutricima to a European firm.
View ArticleLibstar adds frozen meals capability to Millennium Foods
Libstar Holdings revealed it has made a number of investments to boost the South African food group's production capacity and expand its category mix.
View ArticleCovid-19 - South Africa's Tiger Brands closes factories
Tiger Brands, the South Africa-based FMCG group, has shut a number of its plants as the company adjusts to the coronavirus pandemic.
View ArticleTiger Brands gets "offers" for up-for-sale meat assets
Tiger Brands, the South Africa-based consumer-goods group, has issued an update on its plans to sell its meat assets.
View ArticleTiger Brands closes bread factory after Covid-19 cases
South Africa's Tiger Brands has shut one of its production facilities after an undisclosed number of coronavirus cases among staff.
View ArticleMeat-free firm Fry closes South Africa factory due to Covid-19 case
Fry Group Foods, the South African meat-free manufacturer, has taken action after a manager contracted the Covid-19 virus.
View ArticleCovid-19 - Thai Union re-opens Ghana cannery
Seafood giant Thai Union Group has partially re-opened a cannery closed after an employee tested positive for the novel coronavirus.
View ArticleTiger Brands cuts first-half guidance due to Covid-19-related impairments
Tiger Brands, the South Africa-based consumer goods group, has cut its first-half earnings guidance due to impairment charges.
View ArticleTwo suitors table bids for up-for-sale Tiger Brands meat assets
Tiger Brands has issued fresh details on the interest in the "value-added" meat business the South Africa-based consumer-goods group has put on the block.
View ArticlePE firm DPI pumps multi-millions into Tunisian food business Sicam
UK-based private equity firm group Development Partners International (DPI) has backed a North African food business to the tune of US$56m.
View ArticleTiger Brands eyes private-label expansion as H1 profits slide - key takeaways
South African FMCG major Tiger Brands reported a poor set of first-half results this week amid price pressures and Covid-19. Simon Harvey looks at the key talking points.
View ArticleHershey to step up "direct sourcing" of cocoa in Africa
Reese's maker Hershey has pledged to increase the "direct sourcing" of its cocoa supplies from two key markets.
View ArticleSouth Africa's RCL Foods issues Covid-19 profit warning
South Africa's RCL Foods has issued an update on its outlook for profits amid the impact of the coronavirus outbreak in the country.
View ArticleEthiopian edible oil business Turaco backed by investors Proparco and Ethos
Turaco, an Ethiopian holding company which holds a portfolio of FMCG assets including edible oils, has attracted backing from investors.
View ArticleSouth Africa's Country Bird Holdings invests in local poultry peer Quantum Foods
Country Bird Holdings, the South African poultry group, has acquired a stake in local peer from investor Zeder Investments.
View Article"We want to transform the sector" - Mondelez's Cathy Pieters on snacks...
In 2016, Mondelez ended Fairtrade certification for Dairy Milk and forged a new tie-up with Fairtrade through its own sustainability platform Cocoa Life. What happened next?
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