Acquisition of Seattle's Best Coffee further strengthens Global Coffee Alliance with Starbucks Starbucks and Nestlé announced today that Nestlé plans to acquire Seattle's Best Coffee brand from Starbucks. This transaction is part of Nestlé's focus on driving sustained profitable growth in the coffee category. It strengthens the Global Coffee Alliance by allowing both companies to focus on their core strengths. Seattle's Best Coffee's approachable line of whole bean, roast, and ground … [Read more...] about Nestlé bolsters business with acquisition of Seattle’s Best Coffee
Industry
Gulf Capital Announces Successful Exit from Global Olive Oil Producer CHO Group, a Leader in Sustainable Farming in North Africa
Gulf Capital is increasing its food security and sustainability investments and generated over 15% IRR on this growth capital investment Gulf Capital, a leading thematic private equity firm investing across the Middle East and Southeast Asia, announced the successful completion of its exit from CHO Group, a fully-integrated producer and global exporter of olive oil and the largest operator in North Africa. This investment reflects Gulf Capital’s strategy of increasing its investments in … [Read more...] about Gulf Capital Announces Successful Exit from Global Olive Oil Producer CHO Group, a Leader in Sustainable Farming in North Africa
IFF Invests $30 Million to Expand Regional Footprint in Singapore
New innovation center and Singapore Flexiblend plant to accelerate innovation and broaden cocreation capabilities in Greater Asia SINGAPORE ‒ Oct. 13, 2022 ‒ IFF (NYSE: IFF) today announced the opening of its new Singapore Innovation Center, the first in its global network of research, creative and application centers to integrate the technologies, capabilities and expertise of all four business divisions: Nourish, Health & Biosciences, Scent and Pharma Solutions. At nearly 11,000 square … [Read more...] about IFF Invests $30 Million to Expand Regional Footprint in Singapore
