Cargill completes acquisition of ADM’s global chocolate business
Cargill has recently completed the acquisition of ADM’s global chocolate business for an enterprise value of $ 440 million. IFT Daily News
Tag: business
Mondelez invests $130+ million in its North American biscuits business
Mondelez International has announced an investment of more than $ 130 million in its North American biscuits business as the company continues its journey to modernize its manufacturing assets and … Continue Reading →
European Commission clears Cargill to acquire ADM’s chocolate business
The European Commission granted Cargill conditional clearance to purchase the European chocolate business of Archer Daniel Midlands Co., completing the deal’s regulatory approval process. IFT Daily News
JBS USA Pork agrees to purchase Cargill pork business
JBS USA Pork has entered into an agreement with Cargill to acquire the company’s U.S.-based pork business for $ 1.45 billion. IFT Daily News
Kellogg announces leadership changes to North American business
Paul Norman has been named president of Kellogg North America, reporting directly to chairman and CEO, John Bryant. The company also announced that Craig Bahner will join Kellogg as president, … Continue Reading →
Tate & Lyle to restructure European bulk ingredients business, <em>Splenda</em> unit
According to Reuters, Tate & Lyle has announced a major restructuring that includes exiting most of its European bulk ingredients business and making changes to its Splenda sucralose unit. IFT … Continue Reading →
Bunge purchases specialty extrusion business
Bunge North America, the North American operating arm of Bunge Ltd., has purchased the assets of Heartland Harvest Inc. (HHI), a producer of die cut pellets used to make extruded … Continue Reading →
Olam buys ADM’s cocoa business
Olam International Ltd., an agri-business operating across the value chain in 65 countries, has agreed to acquire the global cocoa business of Archer Daniels Midland Co. for $ 1.3 billion. … Continue Reading →
SunOpta sells its fiber, starch business
SunOpta Inc., a global company focused on natural and organic foods, has signed a definitive agreement to sell its fiber and starch business to J. Rettenmaier & Söhne Group (JRS) … Continue Reading →
MGP hires Buttshaw to lead ingredients business
MGP, a supplier of specialty wheat proteins and starches, has announced the appointment of Michael Buttshaw to the position of Vice President of Ingredients Sales and Marketing, effective immediately. IFT … Continue Reading →