Coca-Cola to acquire Unilever’s soy-based beverage business
Coca-Cola, together with bottler Coca-Cola FEMSA, has entered into an agreement to acquire Unilever’s AdeS soy-based beverage business. IFT Daily News
Tag: business
Ventura to acquire Cargill’s dressings, sauces, mayonnaise business
Ventura Foods, a producer of custom and proprietary dressings, sauces, mayonnaises, oils, and other flavorings, has reached an agreement to acquire the Dressings, Sauces, and Mayonnaise (DSM) business of Cargill. … Continue Reading →
Fyffes acquires Canada’s largest mushroom business
Dublin, Ireland-based Fyffes has purchased the Canadian mushroom producer Highline Produce for approximately $ 110 million. IFT Daily News
General Mills divests Venezuelan business
General Mills has completed the sale of its Venezuelan business to Lengfeld, a private, international investor with a presence in Venezuela. IFT Daily News
Batory Foods to build new facility for logistics business
In May, Batory Foods will break ground on a 678,000-sq-ft facility in Wilmington, Ill. IFT Daily News
Ingredion expands specialty ingredients business in China
Ingredion, a provider of ingredient solutions to diversified industries, has entered into a definitive agreement with Pingyuan County Juyuan State-Owned Asset Management to acquire the state-owned Shandong Huanong Specialty Corn … Continue Reading →
ConAgra to spin off foodservice frozen potato business
ConAgra Foods has announced plans to pursue the separation of the company into two independent public companies: one comprising its consumer portfolio of brands and the other comprising its foodservice … Continue Reading →
TreeHouse Foods to acquire ConAgra’s private label business for $2.7 billion
TreeHouse Foods has signed a definitive agreement to acquire ConAgra Foods’ private brands operations. IFT Daily News
General Mills’ new business unit to invest in food startups
General Mills has launched a new business development and venturing unit—301 INC—to build partnerships with emerging food brands to create breakthrough innovation in the food space. IFT Daily News
Yum Brands to spin off China business into separate unit
Yum! Brands has announced that it intends to separate into two independent, publicly-traded companies, each with a separate strategic focus. IFT Daily News