Campbell takes over Kettle chips brand
Campbell Soup Company is set to acquire Snyder’s-Lance, whose portfolio includes Kettle brand, Kettle chips and Emerald, for $50.00 per share in an all-cash transaction, in a bid to expand its portfolio of snacking brands. The acquisition is expected to combine the...
Unilever to sell its spreads business to KKR
Unilever is to sell its Spreads business, including Becel, Flora and I Can’t Believe It’s Not Butter, to global investment firm KKR for €6.825 billion on a cash-free, debt-free basis. The investment is being funded by both the European and North American private...
Tesco responds to Woodside Farms legal dispute
Richard Baugh, of Woodside Farm in Nottinghamshire, has joined with food and environment charity Feedback to threaten legal proceeding, if Tesco does not stop using the name Woodside Farms to sell its products. In a letter to Tesco’s CEO, Feedback reportedly...
Kalsec expands lab capabilities in Europe
Natural spice and herb extract producer Kalsec has invested in its European operation, with the installation of a new laboratory with “state-of-the-art analytical facilities” at its Mildenhall, United Kingdom location. This new laboratory offers Kalsec the capability...