divestments
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Ingredion finalizes US$165M sale of majority stake in Pakistan unit
The transaction involves Ingredion selling a 51% interest in Rafhan Maize for approximately US$165 million, while maintaining roughly a 20% ownership position to support future collaboration and regional growth.
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Middleby Board approves spin-off of Midera Food Processing
The strategic separation is designed to unlock shareholder value and allow both entities to pursue focused growth strategies tailored to their respective markets.
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IFF divests food ingredients unit to CVC Capital Partners in US$4.3B strategic deal
The deal is designed to sharpen IFF’s focus on its higher-growth and higher-margin businesses while strengthening its balance sheet and enhancing long-term shareholder value.
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Paulig divests Risenta brand to Midsona to focus on Tex-Mex growth
The decision is part of Paulig’s strategy to sharpen focus on the World Foods and Tex Mex categories that drive the company’s long term growth.
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General Mills to divest its business in Brazil to 3corações by end of 2026
The divestiture is part of its ongoing Accelerate strategy to reshape the portfolio and concentrate resources on priority global platforms, including super premium ice cream, Mexican food, snack bars, and pet food, to improve long term profitable growth and raise operating profit margins.