Global food rivals Unilever and Nestle are reportedly among the remaining suitors for soya brand Alpro, which has been put up for sale by its Belgian owner.
According to a report in Belgian newspaper De Tijd, the multinationals are in the race for Alpro, having bid more for the business than unnamed private equity firms.
Belgian food group Vandemoortele is looking to focus on growing its frozen bakery and lipids businesses and last month announced plans to sell its soy foods unit, which includes the Alpro brand.
Officials at Vandemoortele could not be reached for immediate comment. In February, the company told just-food it had secured a number of offers for the soy food business and hoped to secure a sale this summer.
A spokesperson for Unilever in London declined to comment when contacted by just-food, while Nestle could not be reached at time of press.
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By GlobalData