Mergers and Acquisitions

Heat and Control established a dedicated team and office in Cape Town, South Africa in 1992.
November 10, 2020

Key Technology and Heat and Control Form Strategic Partnership in South Africa and Sub-Saharan

Key Technology, Inc. and Heat and Control Pty Ltd. announce an extension of their existing strategic partnership, supporting customers in Australia, New Zealand and India, to now include the region of South Africa and Sub-Saharan.
Pepsico becomes major shareholder in Ethiopian Potato Chips company Senselet
January 12, 2020

Pepsico becomes major shareholder in Ethiopian Potato Chips company Senselet

PepsiCo joins Veris as a major shareholder in Senselet Food Processing Plc in Ethiopia. Senselet, founded in 2015, today has a leading market position in Ethiopia with its SUN Chips brand that is being produced from locally sourced potatoes.
PepsiCo Targets African Growth With Offer To Acquire Pioneer Foods
July 22, 2019

PepsiCo Targets African Growth With Offer To Acquire Pioneer Foods

PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has entered into an agreement to acquire all the outstanding shares of Pioneer Foods Group Ltd.
Nigerian firm Blackpace acquires potato chip manufacturer Ndiyo in Rwanda
November 12, 2017

Nigerian firm Blackpace acquires potato chip manufacturer Ndiyo in Rwanda

BlackPace Africa Group has bought Ndiyo Business Group, a major producer of salted potato chips in Rwanda.
Franch Fry manufacturer Lambert's Bay Foods acquired by Famous Brands
May 26, 2016

French Fry Manufacturer Lambert's Bay Foods acquired by Famous Brands

In South Africa, Famous Brands has acquired 100% of the business of Lamberts Bay Foods, a wholly-owned subsidiary of the Oceana Group Limited (Oceana) manufacturing frozen french fries.
January 30, 2013

African Agricultural Capital Fund (AACF, Pearl Capital Partners) invests in Midlands Limited

Pearl Capital Partners (Pearl) has recently concluded an investment of KSh 200 million (US$ 2,300,000) in the Kenyan potato processor Midlands Limited through the African Agricultural Capital Fund (AACF).

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