SOUTH AFRICA – Pioneer Foods, a subsidiary of PepsiCo South Africa has acquired the remaining half of Futurelife Health, eight years after buying its initial stake in the maker of nutrient-dense breakfast cereals and snacks. BizCommunity reports that the transaction, which is subject to some administrative condition’s precedent, is expected to close and be effective in the first week of…
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PepsiCo SSA launches US$16.92M production line to boost its Weet-Bix capacity
SOUTH AFRICA – PepsiCo Sub-Saharan Africa has launched a new production line at its Weet-Bix plant in Atlantis, West Cape worth R300m (about US$16.92m) in a quest to boost its production capacity. Weet-Bix was first introduced in South Africa in 1930 and remains South Africa’s number one-selling breakfast cereal. Made from whole grain wheat, Weet-Bix has for generations held pride…
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