Beam Suntory has rebranded its South Africa-based ABV Brands distribution unit, which it fully acquired in 2018, as Beam Suntory South Africa. Read more
Clover Industries has received a buyout offer from investors led by Israel’s Central Bottling Company that values the firm at $358.2m. Read more
Diageo has entered into an agreement for the sale of United National Breweries, its sorghum beer business in South Africa, to Delta Corporation. Read more
Lactalis has acquired the nutritional unit of South African company Aspen Pharmacare for €739.8m as it aims to expand in the infant formula market. Read more
Sea Harvest Group has entered the dairy market for the first time, as it has acquired South African dairy company Ladismith Cheese for $35.8m. Read more
Beam Suntory has purchased the remaining 50% shareholding of its South African distributor, ABV Brands, effective immediately. Read more
Kraft Heinz will sell its 50.1% stake in its South African operations to its joint venture partner Pioneer Foods. Read more
Unilever has announced a $900m deal in which it trades its spreads business in southern Africa for Remgro’s stake in its South African subsidiary. Read more
Anheuser-Busch-owned South African Breweries aims to create 10,000 jobs in South Africa by 2021. Read more
Anheuser-Busch-owned South African Breweries will invest ZAR 2.8bn ($206.9m) in expansions at its Alrode and Rosslyn breweries. Read more
© FoodBev Media Ltd 2019
World Dairy Innovation Awards – DEADLINE EXTENDED!
Enter before 17 May to ensure you are part of the industry’s leading awards scheme. Don’t miss out on having your dairy innovations recognised.