Building on its successful operations in Kenya and South Africa, recently strengthened with the acquisition of the facility owned by Astir Vitogiannis in Johannesburg, Guala Closures is investing in Nigeria, Africa’s most populous nation and one of its fastest-growing markets.
Coca-Cola Co., is taking a minority stake in Iris Nova, the company behind a cashierless New York City store where customers pay for drinks via text message. This gives Coca-Cola a window into a brand that has picked up customers outside of traditional retail channels, using social media and direct-to-consumer sales to drive growth.
PepsiCo has announced plans to acquire at-home carbonated drink maker SodaStream for $3.2 billion. The deal gives PepsiCo a new avenue to reach customers — in their homes.
