USA

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.

The facility will produce complete grind-mix bulk feed, primarily for swine and poultry farms, using local corn, soybean meal, and other ingredients.

Through the partnership, ADM Cares and AFT will engage American farmers to offer direct technical assistance for succession planning, connections to production resources and peer networks, and grant funding to support productivity, market access, and farmer well-being.

The Campbell’s Company reported net sales of US$2.6 billion, representing a 5% decrease compared to the prior year.

Hain Celestial divests its North American snacks unit to Snackruptors for US$115 million as part of a strategy to reduce debt and refocus on core food and beverage categories.