Ardagh Group S.A. will acquire Consol Holdings Proprietary Limited, the leading producer of glass packaging on the African continent, for an equity value of ZAR10.1bn ($635m).
Heineken intends to acquire control of Distell and Namibia Breweries: combining them with Heineken South Africa to create a new Heineken business with a total valuation of around €4bn ($4.58bn).
New research shows that 60% of all wild coffee species are under threat of extinction due to climate change, deforestation, and fungal pathogens and pests. Furthermore, wild Arabica coffee – the origin of the world’s most popular coffee – is now categorised...
Heineken has laid the foundation stone of its first brewery in Mozambique, identifying 'promising long-term economic perspectives' in the African country.
The impending tax on sugar-sweetened beverages in South Africa could be a blueprint for other African nations to follow suit, according to a World Health Organisation (WHO) public health specialist.
Flavour firm Aromatech has developed a range of flavours specifically designed to appeal to African consumers based on local fruit - but European consumers looking for new, exotic tastes will also love them, it says.
Mitsubishi Electric Europe has opened a Factory Automation (FA) centre in Italy and an FA satellite centre in South Africa, to provide automation product services to Southern Europe and Africa, beginning operations April 1, 2016.
The beer market in Africa is predicted to grow faster than any other region over the next five years, driven by a rising population, urbanization, and increased GDPs.
The tie-up between AB InBev and SABMiller could have consequences for public health, particularly in emerging markets such as Africa, say scientists writing in the BMJ. In response, AB InBev points to the two companies’ track records in responsible drinking...
The South Africa Competition Commission has approved, without conditions the intermediate merger whereby Amcor Flexibles South Africa (AFSA) intends to acquire the flexible packaging business of Nampak.
CEO ALAN CLARK INSISTS SOFT DRINKS CENTRAL TO SAB GROWTH STRATEGY
The Coca-Cola Company and SAB Miller have inked a deal to combine their non-alcoholic bottling operations in Southern and East Africa into a $2.9bn turnover business that will accelerate sales in 12 high-growth countries.
Mondelēz International will stop manufacturing from its Cadbury Kenya plant at the end of this month as it shifts capacity for Cadbury Drinking Chocolate to Egypt.
Laurent Jardin from Sidel talks trends ahead of an September 9 meeting with customers in Nigeria, and tells Ben Bouckley that Africa’s largest city Lagos is a beverage ‘trendsetter’.
Coke CEO Muhtar Kent insists Africa is the ‘most dynamic region in the world I can see right now’ as he unveils a further $5bn system investment there and ethical ingredient sourcing plans.
The opening last week of a regional development and application centre in Durban, South Africa, signals a clear intent by Kerry Foods to ramp up its focus on the fast growing sub-Saharan African region.
With the inaugural food & drink technology Africa trade show only days away, show organisers Messe München insist the continent is the ‘market of the future’ but presents distinct challenges.
SAB Miller says it is confident that its subsidiary Alliance Beverages has done nothing wrong after Diageo’s South Africa JV United National Breweries accused the business of uncompetitive practices.
Nampak plans to invest in expansion in its African heartland, according to outgoing chief executive Andrew Marshall, reporting on the packaging firm's interim results.
Nestlé has identified Africa as one of the biggest areas of opportunity for the food industry in the next ten to twenty years – both within the continent and for European food makers, according to Dr Serigne Diop, director of Nestlé’s R&D centre in...
SAB Miller insists the key attribute of the African beer market is rapid growth rather than competing for share, as in Europe, as the firm opens a new $100m brewery in Nigeria.
Guala Closures said it has reached an agreement to take over a South African closure manufacturer as part of a strategy to boost its presence in the fast-growing sub-Saharan African market.
Pernod Ricard is expanding its direct African presence by opening four new affiliate companies this year to boost strategic brands and target ‘standard’ spirit sales, potentially at the expense of beer.
Nampak Ltd said it is eyeing a significant potential increase in its UK plastic bottle business as it awaits the outcome of a contract tender for a new super dairy.
Coca-Cola has announced plans to double its annual investment in Africa to $1bn and profit from the growing middle class by strengthening its non-carbonated drinks businesses in Africa, according to Reuters.
Nampak announced a 60 per cent fall in profits in 2009 as its chief warned that 20 per cent of its operations must either turnaround or face being closed or sold off.
A range of African-inspired flavours for beverages are being introduced by Symrise as it taps into the growing popularity of African ingredients which offer the novelty factor as well as health benefits.
Focusing further on cocoa bean sourcing and processing, Zurich-based Barry Callebaut spins-off Chococam, the last of its consumer activities in Africa, to South African food firm Tiger Brands.
SABMiller enjoyed a strong start to its fiscal year, with
organic sales volumes of its lager brands up 13 per cent in the
quarter ended 30 June the company said today.
Heinken has announced its third acqusition in almost as many days.
The Dutch firm will extend its presence in Africa with the
acqusition of a 69 per cent stake in Lebanon's only brewer, Almaza.
