Divestiture

Kraft Heinz To Sell B2B Powdered Cheese Business To Kerry Group

The Kraft Heinz Company has entered into an agreement to sell its B2B powdered cheese business to taste and nutrition firm Kerry Group.

Mondi To Sell Its Largest Russian Plant For €1.5bn

Packaging firm Mondi has agreed to sell its largest plant in Russia to an investment vehicle owned by Russian billionaire Viktor Kharitonin for RUB 95 bill...

General Mills Closes Sale Of Helper, Suddenly Salad Businesses

General Mills has completed the sale of its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group through a cash transact...

Walgreens Abandons Plan To Sell Boots Business

Walgreens Boots Alliance on Tuesday scrapped its plan to sell its UK high street pharmacy chain, Boots, saying no third party was able to make an adequate...

Pernod Ricard To Sell Tormore Scotch Whisky Brand

Spirits giant Pernod Ricard has announced that it has agreed to sell the Tormore Scotch Whisky brand and distillery to Elixir Distillers.

FrieslandCampina To Sell Parts Of German Consumer Business

Dutch dairy giant FrieslandCampina has announced that it plans to sell parts of its German consumer business to Theo Müller Group.

Finland's Stora Enso Completes Exit From Russia

Finland's Stora Enso has divested the last of its Russian operations, three corrugated packaging plants, to local management, the fores...

Finland's Stora Enso Divests Two Russian Sawmills

Finland's Stora Enso has entered into an agreement to divest its two sawmills and their forest operations in Russia to local management, the group said on...