Divestiture

Hain Celestial Sells Thinsters Cookie Brand To J&J Snack Foods

Health and wellness company Hain Celestial has completed the sale of its Thinsters cookie business to J&J Snack Foods.

J.M. Smucker Beats Q3 Profit Estimates On Sustained Demand For Frozen Snacks, Pet Food

Jif peanut butter maker J.M. Smucker topped Wall Street estimates for third-quarter profit, as demand for its high-priced pet food and pantry staples held...

Fortenova Explores Potential Sale Of Agricultural Business Unit

Croatian retailer Fortenova said it has commenced the process of assessing the potential sale of its agricultural business division.

Groupe Casino Disposes Of Stake In Colombia’s Éxito Group

Groupe Casino has completed the sale of its 34.05% direct stake in Colombian subsidiary, Éxito Group.

UK's Mondi To Sell Russian Plant To Sezar Invest For About €770m

Mondi has agreed to sell its largest plant in Russia to a unit of Sezar Group, a Moscow-based real estate development firm, for RUB 80 billion (€770 m...

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...