Nabisco, Inc. confirmed today that it has signed a definitive agreement for the sale of Nabisco's breath freshening mints (Breath Savers, Ice Breakers, and Cool Blasts) and gum businesses to Hershey Foods Corporation. Closing of this transaction is conditioned on completion of the acquisition of Nabisco Holdings Corp. by Philip Morris Companies Inc., and is subject to approval by the Federal Trade Commission and other customary closing conditions. The acquisition of Nabisco Holdings by Philip Morris remains under review by the FTC. As previously indicated, Nabisco and Philip Morris currently expect to close the transaction by year-end. Nabisco is a major international manufacturer of biscuits, snacks and premium grocery products, including such well-known U.S. brands as Oreo, SnackWell's, and Chips Ahoy cookies; Ritz crackers; A.1. steak sauces; Grey Poupon mustards; Life Savers confections; and Planters nuts and snacks. International products include Christie, Peek Freans, Terrabusi cookies and crackers; Yemina pastas; Royal dessert mixes; Fleischmann's yeast and several global brands--Oreo, Ritz and Chips Ahoy! Nabisco markets products in the United States and more than 85 other countries around the world.
USA: Nabisco agrees to sell breath freshening mints and gum to Hershey
Get full access to all content, just $1 for 30 days

just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 21 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- Why cutting sugar in chocolate is so challenging
- The early effects of UK-EU trade deal
- Which meat groups have stakes in alt-meat?
- Big Food's VC-style funds: the investments so far
- Meat-free co-man Plant & Bean talks vision
News
- Report suggests Kerry Group dairy unit may be sold
- Danone under pressure to make changes
- Premier Foods seals cake distribution deal
- Baby-food firm Hero Group expands through M&A
- Unilever trialling new type of food factory
Market research
- Oils (Oils and Fats) Market in Saudi Arabia - Outlook to 2023: Market Size, Growth and Forecast Analytics
- China In-depth PESTLE Insights
- Sustainability - The Most Important Theme for 2020 - Thematic research
- Cooked Meats - Counter (Meat) Market in the United States of America - Outlook to 2024: Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)
- Chilled Raw Packaged Meat - Whole Cuts (Meat) Market in Brazil - Outlook to 2024: Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
