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Divesture
JDE Peet’s sells Turkish tea unit, halts L’or barista rollout in US

JDE Peet’s sells Turkish tea unit, halts L’or barista rollout in US

JDE Peet’s has sold its tea business in Turkey to Efor Holding for an undisclosed sum. The business generated approximately €60 million...

Global dairy players eye Fonterra consumer units in potential NZ 4bn deal – Reuters

Global dairy players eye Fonterra consumer units in potential NZ 4bn deal – Reuters

Major international dairy companies, including Meiji, Lactalis and Saputo, are reportedly considering bids for Fonterra’s global consumer businesses, according to Reuters, citing two sources familiar with the matter.

Olam to invest $500m into food ingredients business, divest other units over time

Olam to invest $500m into food ingredients business, divest other units over time

Olam Group has today revealed plans to invest $500m into its food ingredients business and divest all its other assets over time.

Constellation Brands divests mainstream wine brands and facilities to The Wine Group

Constellation Brands divests mainstream wine brands and facilities to The Wine Group

Constellation Brands has signed an agreement with The Wine Group to divest primarily mainstream wine brands, and their related assets, to The Wine Group.

Bunge sells European margarines and spreads business to Vandemoortele

Bunge sells European margarines and spreads business to Vandemoortele

Bunge Global SA is selling its European margarines and spreads division to Vandemoortele, a leading family-owned European food group.

Unilever to divest The Vegetarian Butcher to Vivera

Unilever to divest The Vegetarian Butcher to Vivera

Unilever has today announced a binding agreement to sell its plant-based brand, The Vegetarian Butcher, to Dutch company Vivera.

ADM explores divesture of futures clearing arm – Bloomberg

ADM explores divesture of futures clearing arm – Bloomberg

ADM is evaluating the potential divesture of its futures brokerage subsidiary, ADM Investor Services (ADMIS).

DSM-Firmenich to divest stake in Feed Enzymes Alliance for €1.5bn

DSM-Firmenich to divest stake in Feed Enzymes Alliance for €1.5bn

DSM-Firmenich has announced the sale of its stake in the Feed Enzymes Alliance to its equal partner Novonesis for €1.5 billion.

Pernod Ricard explores sale of champagne brand GH Mumm, as reported by Reuters

Pernod Ricard explores sale of champagne brand GH Mumm, as reported by Reuters

Pernod Ricard is reportedly exploring the sale of its champagne brand, GH Mumm, according to Reuters.

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