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The US chocolate giant’s gripe centres around its Toblerone brand and Catherine’s Originals O’bar line.
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The group has allocated around €50m and €22m to expand its Meduno and Chicago plants, respectively.
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Artisan Chef Manufacturing Company bought Buitoni in North America from Brynwood Partners in 2024.
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India’s one-million-tonne duty-free quota supplements near-term availability but cannot secure a domestic supply buffer on its own.
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Varun Beverages is planning to manufacture PepsiCo products, including soft drinks, packaged water, fruit juices, savoury snacks and noodles at the site.
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MaserGrup said the acquisition will strengthen its position as a “leading manufacturer of pouch-format products”.
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Hogan Lovells ranked highest by deal value, while Fasken Martineau DuMoulin worked on the most transactions by volume.
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New York-listed Perrigo said the divesture follows a strategic review, concluding a sale is the “best path forward for the business and its stakeholders”.
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The deal was revealed alongside Q3 results, with Mondelez confident of “strong” EPS growth into 2027, helped by a cocoa surplus.
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