Premier Foods and Nissin Foods Holdings Company have entered into a relationship agreement on terms and conditions, following the announcement by US spices firm McCormick that it was withdrawing its takeover bid for Premier last month.
> Read the full article on the Food Manufacture website
By Rick Pendrous
Source: Food Manufacture
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.
LinkedIn Twitter Xing EmailGeneral 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 […]
