South Africa: Tiger Brands consolidates production with major new bakery
Tiger Brands, one of Africa’s largest listed food manufacturers, is constructing a large-scale bakery facility on South Africa’s East Rand to streamline its inland bread production network. The new facility represents a structural shift for the 105-year-old company as it modernises its milling and baking division. Designed to replace five to six older, less efficient […]
Nigeria: TGI Group and Wilmar International form joint venture
TGI Group, the diversified conglomerate, and Wilmar International, the Singapore-headquartered agribusiness group, have entered into definitive agreements to combine their respective operating businesses in Nigeria and the Republic of Benin into a 50:50 joint venture. The transaction will create an integrated agricultural and food platform held by a Singapore holding company jointly owned on an […]
South Africa: Tiger Brands to divest Beacon chocolate brand
Tiger Brands, the South African consumer goods manufacturer, has announced plans to sell its Beacon chocolate brand along with the associated equipment for chocolate slabs, Easter eggs and assortments. The divestment agreement was entered into in May 2026. To support its “snackification” growth platform, Tiger Brands will retain several profitable chocolate and snack brands. These […]
South Africa: Beyers Chocolates enters liquidation
Beyers Chocolates, the South African confectionery manufacturer, has been placed under provisional liquidation following a dispute with the retail chain Woolworths. The company, founded by Kees Beyers, has been a supplier of private-label chocolates for the retailer for over 30 years. According to reports from Moneyweb, Beyers Chocolates faced a liquidity crisis after Woolworths reduced […]
Nigeria: Carrefour to enter market as part of continued Africa push
Carrefour, the French food retailer, is expanding its footprint in Africa with new franchise agreements to enter Nigeria, in addition to Guinea. The retailer has partnered with Imperial Corporation Guinee to convert seven stores to the Carrefour brand in Guinea, with the first supermarket having opened in the capital Conakry on the 15th April. In Nigeria, […]
Saudi Arabia: BinDawood Holding to acquire 51% stake in Vaza Food
BinDawood Holding, the Saudi Arabian retail group, has signed a binding agreement to acquire a 51% majority stake in Vaza Food Company for 217.5 million SAR ($58 million). The transaction is being executed through Future Retail for Information Technology Co, a wholly-owned subsidiary of BinDawood Holding, according to a disclosure on the Saudi Exchange (Tadawul). […]
South Africa: Coca-Cola to invest $1 billion by 2030
Coca-Cola, the US-based soft drinks giant, has announced that its Coca-Cola system intends to invest $1 billion in South Africa by 2030. The system, comprising regional division Coca-Cola Africa and local bottling partner Coca-Cola Beverages South Africa (CCBSA), will focus the capital on expanding manufacturing and distribution capacity. According to the company, the investment follows […]
South Africa: Varun Beverages to acquire Crickley Dairy
Varun Beverages, the India-based bottling partner for PepsiCo, has entered into an agreement to acquire a 100% stake in the South African firm Crickley Dairy. The transaction is valued at 238 million ZAR ($14.3 million) and will be executed through Varun Beverages’ wholly owned subsidiary, The Beverage Company (Bevco). Varun Beverages previously completed the acquisition […]
South Africa: Woolworths to acquire In2food
Woolworths, the South African retail group, has announced an agreement to acquire 100% of its long-term supplier, In2food. While the financial terms of the deal were not disclosed, In2food is a major industry player generating annual revenues exceeding 5 billion ZAR ($290 million). In2food, a South African producer of fresh prepared foods, snacks and bakery […]
UAE: Nutridor begins construction of 150 million AED baby food facility
Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the UAE’s largest operator of integrated and purpose-built economic zones, has commenced construction on a new 150 million AED ($41 million) baby food manufacturing plant for dairy firm Nutridor. Situated in KEZAD Al Ma’mourah, the 43,000 sq m facility will focus on the production of a range of […]