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With the ice-cream demerger now completed, speculation returns to Unilever’s future in food or the prospect of select asset disposals.
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The US snacks giant sells the snacks in China and in markets in Europe.
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Dellia said the acquisition would increase its production capacity to “take out the full potential in the Nordics and further expansion in Europe and China”.
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The Japanese group, working to fully restore its operations after September’s cyberattack, saw alcohol sales drop in November.
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The deal will see Campbell’s initially buy 49% of La Regina, the co-manufacturer for the soup giant’s Rao’s sauces.
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The deal with Arnott’s follows the fund’s A$36m debt funding deal with Patties Foods Group to help the pie major “modernise” production.
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The latest funding includes participation from Unigrains Italia, BNP Paribas BNL Equity Investments, Hydra and Alexa Invest.
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Manufacturers have until 1 January 2027 to remove the ingredients or, from that date, use the warning labels.
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