Cargill has announced the sale of its Dressings, Sauces and Mayonnaise (DSM) business to Ventura Foods. No financial details of the deal were disclosed.
The deal includes Cargill’s DSM facility in Port St. Lucie, Florida and substantially all the DSM manufacturing equipment at the Gainesville, Georgia and Sidney, Ohio facilities. The DSM equipment and business from Gainesville and Sidney will be relocated to Ventura’s facilities in Chambersburg, Pennsylvania, and Fort Worth, Texas. Cargill will provide contract manufacturing services for 15-18 months to Ventura Foods to ensure continuity for customers and a smooth transition to Ventura Foods.
Ventura said the acquisition was “a strong fit for Ventura Foods’ strategy to grow, strengthen and diversify. It further strengthens our innovation platform and leadership in consumer taste and preference trends.”
Source: NamNews
Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.
The move, part of Pernod Ricard’s strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners.
Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli’s Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta’s significant clients.
