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Infrastructure · Abu DhabiA subsidiary of the Abu Dhabi Investment Authority (ADIA) has agreed to divest its approximately 50% stake in IFCO Group to Stonepeak, an alternative investment firm focused on infrastructure and real assets. The deal positions Stonepeak as a joint and equal owner alongside Triton, which remains a committed partner in the business. … Continue reading "ADIA exits IFCO as Stonepeak joins Triton in reusable packaging venture" The post ADIA exits IF…Read Article
ADIA exits IFCO as Stonepeak joins Triton in reusable packaging venture - Packaging MEA
Egypt · EgyptHuhtamaki Egypt has received the Golden License from the Egyptian Cabinet to establish a molded fiber packaging plant in Sadat City, Monufia Governorate. The facility, set to open in August 2026, will be developed with a total investment of EGP 1.47 billion. The plant will cover 22,000 square meters and … Continue reading "Huhtamaki Egypt awarded Golden License for sustainable packaging facility in Sadat City" The post Huhtamaki Egypt awarde…Read Article
Huhtamaki Egypt awarded Golden License for sustainable packaging facility in Sadat City - Packaging MEA
Coca-Cola · JohannesburgThe Coca-Cola Company has announced the appointment of Luis Felipe Avellar as president of its Africa operating unit, effective September 1. Avellar, currently leading Coca-Cola’s Mexico operations, will succeed Luisa Ortega, who will transition to a new role as president of the company’s Europe operating unit. Avellar will be based in Johannesburg and report to … Continue reading "Coca-Cola appoints Luis Felipe Avellar as president of Africa op…Read Article
