During Investor’s Day, Mick Beekhuizen, EVP and president of Meals & Beverages, said that while soup remains an important part of the company’s portfolio, it accounts for a smaller portion than in the past. As a result, the enterprise is petitioning the board to rename the business to Campbell’s Company, subject to approval in November.
The two beverage giants agreed on the deal in July 2024, after Britvic previously rejected an offer of £3bn (approx. $3.95bn) from the Danish brewer in June. Britvic revealed that Carlsberg’s revised offer had the approval of its board and was expected to close in the fourth quarter of 2024, subject to regulatory approvals.
General Mills has announced definitive agreements to sell its North American yogurt operations to Lactalis and Sodiaal, two French dairy firms, in a move valued at approximately $2.1 billion. The […]
Barry Callebaut has named Natasha Chen president of its North American division, effective Sept. 16. She will succeed Ben De Schryver, who will leave Barry Callebaut to “pursue other opportunities,” the company said. In her new role, Chen will manage the company’s North American business in the United States, Mexico and Canada.
Global snacking company Pladis has opened a new headquarters in Jeddah, Saudi Arabia. The site marks a milestone in Pladis’ strategic growth and expansion in the Middle East, North Africa and India (MENAI) region.
Located in the Zahran Business Center in Jeddah, the new office is equipped with new technology and was designed with a focus on sustainability.
