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Tag: divests

DuPont divests crop protection business, acquires FMC Health and Nutrition

  • By R. Daneel Olivaw
  • 5 April, 2017
  • No Comments

FMC and DuPont have signed a definitive agreement for FMC to acquire the portion of DuPont’s crop protection business it must divest to comply with the European Commission ruling related … Continue Reading →

Mondelēz divests Australian grocery business

  • By R. Daneel Olivaw
  • 24 January, 2017
  • No Comments

Mondelēz International has reached an agreement to sell most of its grocery business in Australia and New Zealand to Bega Cheese for $ 460 million AUD (approximately $ 348 million … Continue Reading →

Corbion divests mixing equipment division

  • By R. Daneel Olivaw
  • 15 December, 2016
  • No Comments

Corbion has agreed to sell its Breddo-Likwifier division to Ensight Solutions (a wholly-owned subsidiary of AmProd Holdings) in order for it to focus on high value-added food ingredients. IFT Daily … Continue Reading →

Snyder’s-Lance divests Diamond of California nut business

  • By R. Daneel Olivaw
  • 30 November, 2016
  • No Comments

Snyder’s-Lance has announced that it has signed a definitive agreement to sell its Diamond of California culinary nut business to Blue Road Capital. IFT Daily News

ConAgra divests JM Swank business; removes PHOs across spreads

  • By R. Daneel Olivaw
  • 14 June, 2016
  • No Comments

ConAgra Foods and Platinum Equity, a California-based private equity firm, have announced that they have entered into a definitive agreement for Platinum Equity to acquire ConAgra Foods’ JM Swank business, … Continue Reading →

General Mills divests Venezuelan business

  • By R. Daneel Olivaw
  • 4 April, 2016
  • No Comments

General Mills has completed the sale of its Venezuelan business to Lengfeld, a private, international investor with a presence in Venezuela. IFT Daily News

BASF divests omega-3 production plant to Marine Ingredients

  • By R. Daneel Olivaw
  • 24 November, 2014
  • No Comments

BASF has signed a definitive agreement to sell its manufacturing facility for natural fish oils, medium-concentrated omega-3s, and customized bottled fish oil in Brattvåg, Norway, to Marine Ingredients, a manufacturer … Continue Reading →

Bi-Lo divests 12 stores in Sweetbay deal

  • By R. Daneel Olivaw
  • 26 February, 2014
  • No Comments

Bi-Lo Holdings has agreed to sell 12 supermarkets in Florida, Georgia and South Carolina to settle Federal Trade Commission charges related to its acquisition of the Sweetbay, Harveys and Reid’s … Continue Reading →

Brynwood Partners divests Balance Bar Co.

  • By R. Daneel Olivaw
  • 27 November, 2012
  • No Comments

Brynwood Partners VI L.P. has sold its portfolio company, Balance Bar Co., to NBTY Inc., a leader in vitamins, supplements, and active nutrition products and a portfolio company of The … Continue Reading →

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