Divestiture

McCormick & Company Posts 3% Sales Growth In FY 2022

Spice maker McCormick & Company has posted sales growth of 3% in constant currency in its financial year ended 30 November 2022.

CVC Mulls Listing Polish Convenience Store Chain Żabka

Private equity fund CVC Capital Partners may float one of Poland's biggest convenience store chains, Zabka, on the stock market, a fund partner was q...

Asda To Acquire Petrol Forecourt Business From Britain’s Co-op

UK retailer Asda has agreed to acquire Co-op’s petrol forecourt business for an enterprise value of £600 million (€698.9 million).

Kraft Heinz To Sell B2B Powdered Cheese Business To Kerry Group

The Kraft Heinz Company has entered into an agreement to sell its B2B powdered cheese business to taste and nutrition firm Kerry Group.

Mondi To Sell Its Largest Russian Plant For €1.5bn

Packaging firm Mondi has agreed to sell its largest plant in Russia to an investment vehicle owned by Russian billionaire Viktor Kharitonin for RUB 95 bill...

General Mills Closes Sale Of Helper, Suddenly Salad Businesses

General Mills has completed the sale of its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group through a cash transact...

Walgreens Abandons Plan To Sell Boots Business

Walgreens Boots Alliance on Tuesday scrapped its plan to sell its UK high street pharmacy chain, Boots, saying no third party was able to make an adequate...

Pernod Ricard To Sell Tormore Scotch Whisky Brand

Spirits giant Pernod Ricard has announced that it has agreed to sell the Tormore Scotch Whisky brand and distillery to Elixir Distillers.

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Divestiture

McCormick & Company Posts 3% Sales Growth In FY 2022

CVC Mulls Listing Polish Convenience Store Chain Żabka

Asda To Acquire Petrol Forecourt Business From Britain’s Co-op

Kraft Heinz To Sell B2B Powdered Cheese Business To Kerry Group

Mondi To Sell Its Largest Russian Plant For €1.5bn

General Mills Closes Sale Of Helper, Suddenly Salad Businesses

Walgreens Abandons Plan To Sell Boots Business

Pernod Ricard To Sell Tormore Scotch Whisky Brand

FrieslandCampina To Sell Parts Of German Consumer Business

Finland's Stora Enso Completes Exit From Russia

Finland's Stora Enso Divests Two Russian Sawmills

Carlsberg Expects €1.3bn Writedown On Russia Divestment

Stora Enso Puts Four Paper Mills Up For Sale

Mondi To Divest Personal Care Business For €615m

Smirnoff Parent To Offload Meta Abo Brewery In Ethiopia