ITALY > Philippines based Jollibee is set to expand globally including in Italy, Macau, Vietnam, Brunei and Canada

Jollibee Largest Asian Restaurant Company in the world, Jollibee (JFC), is set to expand globally including in Italy, Macau, Vietnam, Brunei and Canada. According to JFC chief executive Ernesto Tanmantiong: “Through the expansion of our brands, we get to share great tasting food and service to our customers. We are excited to further spread the joy of eating not only in More …

KENYA > US based Overseas Private Investment Corporation (OPIC) has signed investment deals with two Kenya based companies, Kipeto Wind Energy Company and Twiga Foods amounting to a total of nearly $238 million

opic logo The USA based agency in charge of development finance, OPIC, has signed investment deals with two Kenya based companies, Kipeto Wind Energy Company and Twiga Goods amounting to a total of nearly $238 million. The first deal is $232 million for a 100 megawatt wind power plant in the south of Nairobi and the second agreement is $5 million in More …

UK > US based Coca- Cola to invest £3.9 billion ($ 5.1 billion) to acquire UK based Costa Coffee

Coca cola USA based Coca- Cola is set to invest £3.9 billion ($ 5.083 billion) to acquire UK based Costa Coffee entering the coffee market. Whitbread which owns Costa coffee chain is focusing instead on growth opportunities for its Premier Inn hotel business in UK and Germany. Whitbread acquired Costa coffee in 1995 for £19 million ($24.8 million) having only 39 shops More …

CANADA > US based fast food chain Chick-fil-A is expanding to Toronto

chick fil a logo US based Chick-fil-A Inc. is set to expand to Toronto next year. Chick-fil-A is an Atlanta based fried chicken seller and the company plans to open 15 locations in Toronto area over the next five years with three in 2019. Seventh biggest fast food chain in the US by annual sales number, Chick-fil-A plans to experience and learn from Toronto as More …

FRANCE > USA based ezCater is set to acquire France based GoCater

ezcater logo As its first ever international expansion, US based ezCater is set to acquire France based GoCater. ezCater lets one order breakfast, lunch or dinner from 10 to  100 people and is particularly useful to impress a client, throw an office party and get lunch together during an offsite. ezCater is a marketplace and doesn’t cook anything itself. It serves its More …

ALGERIA > Austria based AGRANA is set to acquire 49% of share of Algeria based Elafruits SPA

tweet165 AGRANA, the fruit, starch and sugar group, has extended its presence in Africa by acquiring 49% of Elafruits SPA. Elafruits is located in Akbou, Algeria employing around 100 employees and it generated around 7 million euro in 2017 financial year. AGRANA is a global fruit company that maintains 29  production sites in 21 countries. Elafruits also makes fruit purées and More …

KAZAKHSTAN > IFC is set to invest $25 million in KazFoodProducts to boost agribusiness in Kazakhstan

IFC logo     IFC is set to invest $25 million in KazFoodProducts LLP. KazFoodProducts is a leading Kazakh food processing company that operates in grain milling and confectionary sectors. IFC also aim to boost Kazakhstan’s agricultural sector with the investment while also expanding the company’s expansion plan along with enhancing global food security. A company that processes and distributes flour, wheat More …

CZECH REPUBLIC > USA based Mondelēz International invests $200 million in Czech Republic biscuit plant

mondelez logo As a part to accelerate growth in Europe and also due to the Company’s Global Supply Chain Reinvention Journey, Mondelēz International invests $200 Million in its Czech Republic biscuit plant in Opava. Currently Opava plant employs around 1000 employees and produces brands like Oreo, belVita, Milka and Cadbury for the European market. According to said Daniel Myers, Executive Vice President, More …