Friday 18 April 2014
 
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juice

Abraaj acquires top African frozen dairy business

The Abraaj Group, a leading investor operating in growth markets, said it has reached an agreement to acquire a 100 per cent stake in Fan Milk International (FMI), the leading manufacturer and distributor of froz

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Merger talks boost Mondelez, Pepsico shares

The shares in top US packaged food companies Mondelez International and PepsiCo jumped on Friday on speculation that they could merge, after a report that activist investor Nelson Peltz has taken stakes in each. Citing sources fam

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Bahrain banks buy Turkish juice company

Bahraini banks Venture Capital and Bank Alkhair (formerly Unicorn Investment Bank) have joined hands to acquire 65 per cent of Goknur Foods Import Export Trading and Production Company, a key producer of fruit juice concentrate and 

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Bahrain banks buy Turkish juice company

Bahraini banks Venture Capital and Bank Alkhair (formerly Unicorn Investment Bank) have joined hands to acquire 65 per cent of Goknur Foods Import Export Trading and Production Company, a key producer of fruit juice concentrate and 

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UAE group launches new juice range

Leading UAE-based F&B group, Agthia has announced the launch of Chiquita Tropical’s juice range in the UAE, GCC, Levant and Egypt. The launch, which comes in line with Agthia’s consumer business division expansion strategy, will f

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UAE group launches new juice range

Leading UAE-based F&B group, Agthia has announced the launch of Chiquita Tropical’s juice range in the UAE, GCC, Levant and Egypt. The launch, which comes in line with Agthia’s consumer business division expansion strategy, will f

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Emirates date festival a hit

The 2011 Emirates International Date Palm Festival (EIDPF) concluded recently with nearly 20,000 visitors attending the show, a 56 per cent increase as compared to last year. Mohamed Jalal Al Reyaysa, chairman of the higher organising com

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Saudi beverage industry grows 6.5pc

The beverage industry in Saudi Arabia has achieved a 6.5 per cent compound annual growth rate, according to Al Rabie Saudi Foods, a major player in the beverages and juice industry. This is the average consumption growth during a spec

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Al Rabie steps up juice production

Al Rabie Saudi Foods has increased production of juices by 30 per cent, and its fast food line Awal Qatfa by more than 20 per cent during Ramadan, to meet the significant increase in consumption during the holy month. “Saudis consume more

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Brazil firms launch fruit drinks in Mideast

BrazArtis, a Rio de Janeiro based company, along with Saborama, a leading Brazilian manufacturer of refreshment beverages, will launch a new line of fruit-flavour drinks in the Middle East. These include Acai, Citrus, Guarana, Grape, Catu

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