divestments
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General Mills completes Brazil sale, expands Pillsbury frozen croissant range
The new frozen products are the first ready-to-bake croissants introduced under the Grands! platform and are joining Pillsbury’s permanent product lineup.
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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.