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ALGERIA

Castel's takeover plans for NCA Rouiba run into opposition

French drinks giant Castel's planned takeover of nearly bankrupt Algerian fruit juice market leader NCA Rouiba, which was revealed by [...] (204 words)
Issue dated 13/02/2020
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ALGERIA Business 28/04/2020

Food & beverages: Government and police weigh in to save Castel's takeover of NCA Rouiba 

Algerian soft drinks market leader NCA Rouiba, which is in the process of being taken over by French brewing giant Castel, was able to hold an all-important general shareholders' meeting on 22 April despite the Covid-19 lockdown, thanks to the intervention of the authorities. [...]
An employee monitors production at the Rouiba drinks factory on the outskirts of Algiers.
An employee monitors production at the Rouiba drinks factory on the outskirts of Algiers. © REUTERS/Zohra Bensemra

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