Unilever confirms talks to sell food assets to McCormick
Amid renewed speculation surrounding the future of Unilever’s food division, the consumer goods giant has confirmed it is in disposal discussions with McCormick & Co....
Category : Finance
Applied Nutrition shares hit amid Middle East caution
Applied Nutrition saw its share price decline in early trading today (23 March) after warning that sales in the Middle East are likely to face...
Ferrero adds to Brazil assets with Bold Snacks buy
Ferrero has taken a further step in expanding its footprint in Brazil with the acquisition of protein bar specialist Bold Snacks. Daniel Martinez Carretero, CFO...
Scottish chocolate manufacturer secures export funding
Scottish chocolate producer Coco Chocolatier has secured new financing from Virgin Money, supported by UK Export Finance (UKEF), to accelerate its international growth strategy and...
Valeo Foods buys Bulgaria snacks business Prestige-96
Ireland-based Valeo Foods has reignited its acquisition strategy with the purchase of Bulgarian sweet bakery manufacturer Prestige-96. The deal, agreed for an undisclosed sum, marks...
Alicorp Pursues Acquisition of Flora Food Group’s Assets in Latin America
Alicorp has recently formalized an agreement to acquire several businesses from Flora Food Group in Latin America, expanding its influence in the food and beverage...
Rise Baking Expands U.S. Facility While Shutting Down Another
Rise Baking is set to enhance one of its U.S. manufacturing sites while planning to close another as part of its strategy to optimize its...
General Mills offloads Brazil assets to Grupo 3corações
General Mills has agreed to divest its Brazilian operations to domestic food and beverage group Grupo 3corações, marking a significant step in the US company’s...
Hershey “unifies” US operating model
Hershey has introduced a major overhaul of its US commercial operations, reshaping how its confectionery, salty snacks and protein ranges are brought to market. Announced...
Maker’s Pride, Formerly Hearthside, to Shut Down Two US Facilities
Maker’s Pride, the US contract manufacturer formed from the bankruptcy of Hearthside Food Solutions, is set to close two factories as part of its restructuring...