Gulf Capital, one of the largest and most active alternative asset managers in the GCC and Southeast Asia, announced today that it has successfully completed the sale of 100 percent of Chef Middle East (“Chef ME”), the GCC’s premier foodservice distribution business, to The Chefs’ Warehouse (“TCW”), a Nasdaq-listed speciality food distributor operating across North America. The US$ 100 million successful sale is one of the few strategic sales involving a Nasdaq-listed company in the GCC region … [Read more...] about Gulf Capital Sells 100% of Chef Middle East to NASDAQ-listed ‘The Chefs’ Warehouse’
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IFF to Showcase ‘Innovate the Future of Food’ Theme at Gulfood Manufacturing Show
Visitors can experiment with food innovation using augmented reality and discover end-to-end food and beverage solutions across six market categories. IFF (NYSE: IFF), for the first time, will showcase its expanded range of solutions across beverages, dairy, snacks, bakery, culinary, bars & confectionary categories at the Gulfood Manufacturing Show (GFM) held on Nov. 8 to 10, at the Dubai World Trade Center. IFF’s presence at this global food tradeshow centers around key food and beverage … [Read more...] about IFF to Showcase ‘Innovate the Future of Food’ Theme at Gulfood Manufacturing Show
Coca-Cola NBC in Nigeria turns to Sidel for ‘the ideal project’
Sidel, the complete line solutions provider, has recently accomplished the installation of its Super Combi high-speed, flexible, and digitally empowered packaging line at the Nigerian Bottling Company (NBC). NBC is part of Coca-Cola Hellenic, the Coca-Cola Company’s third largest bottling partner, which sells more than 2 billion unit cases each year to 600 million consumers in 29 countries. Nigeria is its most southerly market. In June 2022, Sidel installed the Africa region’s first … [Read more...] about Coca-Cola NBC in Nigeria turns to Sidel for ‘the ideal project’