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ZICO founder re-acquires brand from Coca-Cola: The cycle has swung back

Speaking at Expo West in 2015 two years after selling his coconut water brand to Coca-Cola, ZICO founder Mark Rampolla observed that his nine years running the business had been “absolutely brutal.” Six years later, he’s back at the helm, after buying ZICO back from Coke via growth equity fund Powerplant Ventures.

Axelum earmarks P350-M capex for 2021

Published January 10, 2021, 5:30 AM Axelum Resources Corporation, the country’s largest fully-integrated manufacturer and exporter of world-class premium coconut products, is allotting P350 million for capital expenditures this year. In a disclosure to the Philippine Stock Exchange, the firm said it will drive future growth by using the fund for equipment modernization, capacity upgrades, plant improvements and new product research and development activities. Photo credit: https://www.axelum.ph/ The company said it is also seeking to extend its market reach both domestically and overseas by appointing reputable distribution partners in identified key growth areas and continues to look for strategic and value-accretive targets for either an acquisition or joint-venture. 

Deals of the Week, January 1 to 8 – Growth Business roundup

Deals of the Week, January 1 to 8 – Growth Business roundup 8 Jan 2021 Growth Business roundup of Deals of the Week January 1 to 8, listing seed funding, venture capital and crowdfunding deals of note Genius Group, an entrepreneur education group, has agreed to buy South Africa-based E-Square Education group. The agreement is the latest in a series of acquisitions by Genius Group and its second in South Africa, after it acquired Tau Game Lodge, a luxury safari lodge and conference centre in Madikwe Game Reserve. HealthHero swoops in to gain stake in Doctorlink HealthHero, a digital health company, has acquired Doctorlink after it bought Eight Roads’ stake in the digital triage provider.

Century Pacific sees lower growth in 2021 after phenomenal results

Published January 9, 2021, 5:00 AM Filipino-owned Century Pacific Food Inc., the Philippines largest canned food manufacturer and leading producer in ASEAN, is looking at P50 billion in revenues this year with conservative growth target of 10 percent, lower than the expected phenomenal 20 percent growth in 2020. Company COO and EVP Gregory Banzon revealed this during a media roundtable that they project a conservative growth of 10 percent this year from a dramatic 20 percent this year as the company anticipates some headwinds this year due to the challenges from the COVID-19 pandemic that continue to haunt businesses. On a typical year, he said, they would normally set a 12-15 percent growth guidance.

Pure Coconut Water Market to Witness Massive Growth | Vita Coco, Harmless Harvest, C2o Pure Coconut Water

Pure Coconut Water Market to Witness Massive Growth | Vita Coco, Harmless Harvest, C2o Pure Coconut Water
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