The Coca-Cola system in South Africa plans to invest ZAR 17.6 billion (approx. $1 billion) in the country by 2030.

Nestlé’s planned sale of a stake in its water division has moved into the next phase, with several private equity firms advancing in the bidding process, according to a report by the Financial Times.

US-based unattended retail technology provider 365 Retail Markets has introduced a new payment capability, VisionLink, for its Vision Smart Stores, designed to consolidate transactions across multiple units into a single purchase.

The Coca-Cola system in Tanzania is investing $1.94 million to support the restoration of the Ruvu Basin, a key water source for Dar es Salaam and surrounding regions.

Nestlé Waters & Premium Beverages has become the first food and beverage company to certify 100% of its bottling sites to the Alliance for Water Stewardship (AWS) Standard.

The Hershey Company has launched a unified US commercial operating model, bringing its sweet, salty and protein portfolios together under a single structure branded ‘ONE Hershey’.

Swedish coffee roaster Löfbergs has announced that its CEO, Anders Fredriksson, will step down in September.

Ali Group has completed the acquisition of Bunn Commercial, formerly known as Bunn-O-Matic Corporation, for an undisclosed sum.

Massimo Zanetti Beverage USA has promoted Matthew Smith to president, effective immediately.

PepsiCo UK is investing £3.6 million to install a rooftop solar power system at its Southern Region Distribution Centre (SRDC) in Leicester, UK.

Japan’s Lifedrink Company has announced plans to acquire two beverage-related businesses as part of a strategy to expand its sales channels.

Bloomberg has reported that Centurium Capital Partners is in advanced talks to acquire Nestlé’s Blue Bottle Coffee, citing people familiar with the matter.