KENYA-The UK government has launched the construction of a KS2.3 billion (US$18.5M) production facility for Irish and sweet potato processing in Kenya. The processing facility located in Iten, Elgeyo Marakwet County, will process fresh and frozen Irish and sweet potatoes and is expected to have a capacity of 60,000 tonnes. Once completed, the factory will be the first in the…
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UK Capital Markets Authority blocks Jus-Rol by Cerelia over monopoly concerns
UK – French firm Cérélia, a Puff pastry giant, has been denied the green light to purchase Jus-Rol over concerns it may leave UK retailers and shoppers facing “higher prices and lower quality products.” The UK Competition & Markets Authority (CMA) has further directed Cerelia to sell the business which it acquired from General Mills. Inc in January 2022. The…
Read More2 Sisters Foods in talks to sell bakery division to an Irish investment firm
UK- 2 Sisters Foods, one of the largest privately owned food manufacturing companies in the UK, is in the process of offloading its bakery division as part of strategy to focus more on its core business, poultry. The company has already struck a conditional agreement with an Irish boutique investment firm for the bakery business which includes Holland’s Pies and…
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