Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods
South African food company Pioneer Foods has announced that it would buy a 49.89% stake in major FMCG manufacturer Weetabix East Africa for an undisclosed amount. The acquisition is expected to establish a strategic beachhead for Pioneer ...
Tags: Pioneer Foods, Cereal
South African food company Pioneer Foods is planning to buy more assets in African countries following the acquisition of major stake in Nigerian firm Food Concepts. The South African firm, which recently completed the $7m purchase of ...
Tags: beverages, investments, Food
Food Concepts Plc, the Nigerian parent company of Free Range Farms, Butterfield Bakery and Chicken Republic, has partnered with South Africa based Pioneer Foods. Deji Akinyanju, Food Concepts Chairman, said: "The partnership will benefit ...
Tags: Pioneer Foods, Food Concepts, Bakery
Pioneer Foods, a South African food manufacturer, reportedly plans to cut more than 1,200 jobs, as part of its restructuring process to slice input costs in the wake of declining consumer spending. It is believed that employees from the ...
Tags: Pioneer Foods, breakfast cereal