The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
BASF to sell Food and Health Performance Ingredients business to Louis Dreyfus Company
BASF has signed an agreement to sell its Food and Health Performance Ingredients business to Louis Dreyfus Company (LDC).
Constellation Brands agrees to sell Svdeka brand to Sazerac
Constellation Brands has reached an agreement with global spirits company Sazerac, to divest its Svdeka vodka brand for an undisclosed sum.
Fonterra proceeds with divestment of consumer businesses to focus on ingredients
Fonterra will move forward with the sale of its global consumer business, alongside its integrated operations in Oceania and Sri Lanka.
AAK sells North American foodservice site to Stratas Foods, invests in European expansion
AAK has agreed to sell its foodservice ingredients facility in New Jersey, US, to Stratas Foods for an undisclosed sum.
White Bridge Investments sells Nutkao Group to Teralys
White Bridge Investments has sold its portfolio company, Nutkao Group – a producer of chocolate and nut products – to Teralys.
Unilever exits Russia with sale of subsidiary to Arnest Group
Unilever has announced the sale of its Russian subsidiary, Unilever Russia, to Arnest Group.
Diageo reported to have called off Pimm’s sale
Diageo has reportedly called off the sale of its Pimm’s brand after failing to agree on a deal with potential buyers, according to Sky News.
Unbranded Brewing Co closes doors and puts assets up for auction
Unbranded Brewing Co, a brewery in Hialeah, Florida, has ceased operations and is liquidating its assets through an online auction.
