Kirin Holdings seeks to invest more in Indian craft beer maker Bira 91 amid shrinking sales in Japan
INDIA – Japanese beverage giant Kirin Holdings is finalizing talks to invest US$70 million in Indian craft beer maker Bira 91 (Bira), doubling down on the fast-expanding South Asian market a... Read more
COLOMBIA- International Holding Co., an Abu Dhabi investment company, is seeking to acquire a small equity share in Grupo Nutresa, Colombia’s largest food company. International Holding (IHC... Read more
FRANCE— French insect protein company, Innovafeed has raised US$250 million in Series D funding, to continue to increase production capacity in France through the further expansion of its Bl... Read more
USA — Dog and cat food manufacturer Diamond Pet Foods has invested US$259 million to construct a new production plant and distribution center in Indiana as the company seeks to expand its su... Read more
AFRICA – Maris, an investment holding company with more than US$100m under management across nine sub-Saharan African countries, has received a US$12m financing from France’s development fin... Read more
Africa investor (Ai), a leading international investment group, today announced, at its African Heads of State and Government-Institutional Investor Climate Finance Dialogue, during UN Clima... Read more
USA – San Francisco-based Plenty Unlimited Inc. will invest US$300 m in new vertical farms in the US state of Virginia over the course of six years to support the production of fruits and ve... Read more
MEXICO — Nestlé Purina recently announced a US$99 million investment in its Silao, Guanajuato-based pet food plant which will expand the company’s facility, creating two new production lines... Read more
MEXICO- Candy producer Hershey Co. will spend US$90 m to construct two new manufacturing lines in a Mexican plant in the northern border state of Nuevo Leon. Upon completion of the expansion... Read more
US – Dairy processor Belton Farm has invested £1.75m (US$1.73m) in the construction of a new specialty cheese cutting and packing facility at its Whitchurch, Shropshire site. As part of Belt... Read more