Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Kraft Heinz sells nuts to Hormel foods

Cash transaction of $ 3.35 billion

TheKraft Heinz Company (Kraft Heinz) announced today that it has entered into a definitive agreement to sell its nut business to Hormel Foods Corporation via a $ 3.35 billion cash transaction. The transaction is expected to close in the first half of 2021 and is subject to regulatory review and approval. The transaction includes the majority of products sold under the Planters brand, including single...

hef - 16952
Chicago, Illinois, Stati Uniti, 02/11/2021 16:51
EFA News - European Food Agency

Similar

IndustryIngredients: Mta acquired by Solina

The French multinational aims to expand in Southern Europe

The Italian company offers customized solutions, including clean-label, allergen-free and natural options, for the development of meat products such as beef, pork and poultry applications. more

IndustryNestlé: Global Reorganization in Corporate Top Management

Leaner Executive Board and Mergers Within the Asia-Pacific and Americas Zones

All senior management will now report directly to CEO Laurent Freixe. more

IndustryNestlé: In Latin America it is among the companies where it is best to work

New CEO Freixe applauds the result and looks with interest at the potential of the Caribbean

Nestlé has been recognized as one of the best companies to work for in Latin America in 2024. Among more than 2,500 participating companies, the group secured ninth place in the prestigious Best Places... more

◄ Previous page