UAE: BRF to open new plant in Abu Dhabi
The Brazilian food company BRF has inaugurated a new $160 million production plant in Kizad, Abu Dhabi, according to a report in Gulf Business. The new facility, which will reportedly have a production capacity of approximately 70,000 tonnes of food products a year, is said to support the company’s plans to expand in the Middle […]
Africa: Joint bottling venture for Coca Cola and SABMiller
The Coca-Cola Company, SABMiller plc and Gutsche Family Investments (GFI, majority shareholders in Coca-Cola Sabco) have closed a deal on a joint bottling venture in South and East Africa. The new bottler, operating under the name of Coca-Cola Beverages Africa, will serve 12 high-growth countries accounting for approximately 40 per cent of all Coca-Cola beverage […]
Egypt: Arrow Food Distribution enters race to acquire Arab Dairy Products
Arrow Food, a partnership between the Saudi Bin Laden Group and Foodstuff Group, has entered the race to acquire Arab Dairy Products, offering to buy 100% of the company. Arrow Food has made an offer for EGP57.12 ($7.98) per share, beating the offer from Pioneers Holdings. The latter, which already holds a 25% stake in […]
Israel: Coca-Cola produces 2 million computer-generated labels
Coca Cola Israel has launched a campaign for its Diet Coke brand centred on unique computer-generated labels, PSFK reports. The company’s “Stay Extraordinary” campaign, which aims to emphasise the uniqueness of each Diet Coke drinker, has seen the creation of 2 million individual bottle designs through a special computer algorithm. The labels are available for […]
South Africa: Abraaj Group acquires majority stake in Liberty Star Consumer Holdings
Abraaj Group, an investor operating in global growth markets, has announced that it has acquired a majority stake in Liberty Star Consumer Holdings (Libstar), one of the largest unlisted food and personal care manufacturers in South Africa. According to Abraaj, the transaction is a further demonstration of the company’s focus on investment opportunities arising from […]
UAE: PepsiCo unveils Dubai R&D centre
PepsiCo has announced the opening of its newest R&D centre which is located at Dubiotech in Dubai, UAE. Gulf News reports the comany as saying that the facility will be a hub of new products and flavours for Pepsico’s regional businesses. The new centre is described as featuring a culinary centre and test laboratories that […]
South Africa: Nestle to invest $200 million over five years
Nestle has announced a five year plan that will see it invest ZAR 2 billion ($200 million) over the next five years to upgrade facilities at its production plants in South Africa. Announcing the strategy in a statement, Nestle said the new investment would be focused on capacity building, general capital refurbishment, biomass boilers and […]
UAE: Lootah Premium Foods unveils Lussory Gold wine
Lootah Premium Foods has launched Lussory Gold, a new alcohol-free halal sparkling wine, in the UAE. With 24-carat edible gold flakes said to go up and down in rhythm with the wine’s bubbles, the “exclusive” non-alcoholic wine is described as being made with grapes from the Spanish region of La Mancha in the same way […]
Africa: Coca-Cola to invest $5 billion in sustainable development
Coca-Cola, in cooperation with its African bottling partner,s has announced the investment of an additional $5 billion in long-term sustainable development projects by the end of the decade, Bloomberg reports. With this new round of investment, which will reach $ 17 billion in total by 2020, the world’s largest beverage company is said to be […]
South Africa: Lindt supports launch of “Hello” range with postcard campaign
The Swiss chocolate company Lindt has launched its “Hello” confectionery brand in South Africa and is now supporting the launch through a marketing campaign taking place at locations across the country. “Post-boxes” are being set up in malls in several cities in South Africa, with consumers invited to send a postcard with a message to […]