Baking & Snacks – INVESTMENTS, FUNDING & M&A
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South Africa’s Khayelitsha Cookies secures landmark UK export deals
SOUTH AFRICA – Cape Town-based artisanal biscuit producer Khayelitsha Cookies has secured more than R1.4 million (US$83,992.52) in deals from two UK-backed companies. One agreement…
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Varun Beverages Zimbabwe commissions US$20M Cheetos plant to boost industrial growth
The plant’s inauguration also includes an upcoming juice and dairy blending facility on the same complex, valued worth US$40 million.
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Cal-Maine Foods diversifies portfolio with acquisition of Van’s Foods
This strategic acquisition marks a significant pivot for Cal-Maine Foods as it seeks to diversify its business model and expand its footprint within the high-growth, “better-for-you” frozen breakfast category.
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Bread Alone Bakery breaks ground on US$4.38M production facility expansion in New York
The expansion aims to modernize production, add packaging and distribution space, and enable new equipment installations to meet rising demand for its organic, long fermentation sourdough breads.
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Grupo Bimbo pledges US$1B investment to elevate United States operations
The funding will support maintenance, product innovation, accessibility and affordability, nutrition enhancements, and expanded regenerative agriculture partnerships with suppliers