Nestlé Divests Water Division to Boost Premium Growth Strategy
Nestlé’s strategic move to establish a 50:50 joint venture, known as Peranel, with Platinum Equity marks a pivotal shift in its portfolio management, particularly within...
Tag : spin-off
Hormel Foods to Divest Justin’s Brand
Hormel Foods is strategically spinning off its Justin’s brand of nut butters and chocolate snacks through a partnership with Forward Consumer Partners. This transaction, anticipated...
Ben & Jerry’s Advocates for Independence Following Unilever Spin-Off
The founders of Ben & Jerry’s are urging parent company Unilever to allow the ice cream brand to operate as an “independently owned company.” Ben...