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Divesture
JM Smucker divests value brands in strategic shift

JM Smucker divests value brands in strategic shift

JM Smucker has announced a definitive agreement to divest Cloverhill and Big Texas, along with select private label products, to JMT Foods.

General Mills completes sale of Canadian yogurt business

General Mills completes sale of Canadian yogurt business

General Mills has sold its Canadian yogurt operations to French dairy cooperative Sodiaal, marking a shift in its North American portfolio.

Diageo sells majority stake in Guinness Ghana Breweries to Castel Group

Diageo sells majority stake in Guinness Ghana Breweries to Castel Group

Drinks giant Diageo has confirmed the sale of its 80.4% shareholding in Guinness Ghana Breweries to Castel Group for $81 million.

Diageo sells Cacique rum brand to Bardinet

Diageo sells Cacique rum brand to Bardinet

Diageo has finalised the sale of its Venezuelan rum brand, Cacique, to Bardinet, a player in the Spanish spirits market.

BASF to sell Food and Health Performance Ingredients business to Louis Dreyfus Company

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 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 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 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 sells Nutkao Group to Teralys

White Bridge Investments has sold its portfolio company, Nutkao Group – a producer of chocolate and nut products – to Teralys.

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